UKForex Limited

Reference number: 902028

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

  • No website on the FCA register

  • Phone number

    020 7614 4195

  • Address

    4th Floor, The White Chapel Building, 10 Whitechapel High St, London, E1 8QS, United Kingdom

In the full report: 2 background checks

  • What kind of line 020 7614 4195 is
  • Who else gives the postcode E1 8QS
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Other names (1)

If you were contacted under any of these names, it is this firm.

  • OFX Trading name

FCA permissions and consumer protection

  • Handle payments & transfers Funds safeguarded
    Your money must be kept in a separate safeguarded account. If the firm fails, all safeguarded funds should be returned to you. With no upper limit, unlike the capped amounts under FSCS. Safeguarding works differently from FSCS, but protects your full balance when the rules are followed correctly.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (8 permissions)
  • a) Services enabling cash placement on a payment account
  • b) Services enabling cash withdrawals from a payment account
  • c) Execution of payment transactions (not covered by a credit line)
  • d) Execution of payment transactions (covered by a credit line)
  • e) Issuing payment instruments or acquiring payment transactions
  • f) Money remittance
  • g) Execution of payment transactions via telecoms, IT system or network operator
  • h) Issuing Electronic Money

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
04631395
Company status
Active
Company type
Private limited company
Incorporated
8 January 2003 (23 years old)
Registered office
The White Chapel Building, 10 Whitechapel High Street, London, E1 8QS, England
Nature of business
  • Other business support service activities not elsewhere classified (SIC 82990)

Directors and company secretaries

Name Role Born Appointed Other companies
Maeve Mcmahon Director Mar 1973 14 Dec 2023 None
Alexander John Edwards Director Apr 1981 16 Dec 2024 None
David Byrne Director Feb 1988 4 Aug 2025 None
Hilda Akech Secretary Not published 24 Sep 2026 –
Sophie Roberge Secretary Not published 24 Sep 2026 –

In the full report: every company its directors have run

  • Confirmation that these 3 directors run no other company
  • All 20 people who have been directors, with their dates
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Filed accounts and finances

Year to 31 March 2025Full accountsAudited

Turnover

£11.6m

+2.1% from £11.4m

Profit before tax

£1.42m

Not compared: the previous accounts cover a different length of time

Net assets

£8.89m

+34% from £6.61m

Cash at bank

£21.7m

<1% from £21.8m

* Cash at bank usually includes customers’ money.

Turnover and profit

About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

Accounts filed at Companies House for company 04631395. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

UKForex’s history from the FCA register and Companies House, newest first.

Key events (4) All events (44)

2019

28 February 2019

  • Board replaced: its only director left and 2 new directors took over

Companies House

2018

12 July 2018

  • Regulated by the FCA from this date
  • Became an authorised e-money institution

FCA register

2003

8 January 2003

  • Incorporated at Companies House

Companies House

In the full report: all 44 events

  • All 44 events in its history (4 shown here)
  • Every director appointment and resignation: 39
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Firms connected to UKForex

Other FCA-listed firms that share a director, phone number or address with UKForex. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share its postcode
2

In the full report: all 2 connected firms, named

  • How each is linked: the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like UKForex

Other firms of the same type (payment or money transfer firm), nearest first.

In London

Uber Payments UK LimitedLondonAuthorisedWise Payments LimitedLondonAuthorisedForisgfs UK LimitedLondonAuthorisedWepay Payments Ltd.LondonAuthorisedAirbnb Payments UK LimitedLondonAuthorisedMollie UK Ltd.LondonAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on UKForex

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • Every company its directors have run, named
  • 2 background checks on its contact details
  • All 44 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is UKForex Limited FCA authorised?
Yes, UKForex Limited (FRN 902028) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2018 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is UKForex’s phone number?
The FCA register lists the phone number 020 7614 4195 for UKForex. If you were given different contact details, use these to check with the firm before going any further.
Is UKForex a scam or clone?
UKForex is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with UKForex?
It depends on the product, but payment and e-money balances should be safeguarded in a separate account, with no upper limit on the protected amount. You can also refer complaints about UKForex to the Financial Ombudsman Service, free of charge.
Who runs UKForex?
Companies House lists 3 directors of UKForex: Maeve McMahon, Alexander John Edwards and David Byrne.
How long has UKForex been in business?
The company was formed on 8 January 2003, and has held its current FCA authorisation since July 2018.
What do UKForex’s latest accounts show?
Its latest accounts, to 31 March 2025, show turnover of £11.6m (+2.1% from £11.4m) and profit before tax of £1.42m (not compared: the previous accounts cover a different length of time).
Does UKForex use any other names?
It trades as OFX.

Sources and links

The full report on UKForex Limited

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