Universal Partners FX Ltd: FCA regulated?

Authorised by the FCA

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

Authorised for 7 years
Your funds are safeguarded
No FCA actions
Active company since 2017
Accounts filed up to 30 September 2025

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.

Website

universalpartners.com (opens in a new tab)
Phone number

020 7190 9559
Address

Universal Partners, 77 Marsh Wall, London, Tower Hamlets, E14 9SH, United Kingdom

In the full report: 3 background checks

When universalpartners.com first appeared online, and whether it can receive email
What kind of line 020 7190 9559 is
Who else gives the postcode E14 9SH

Other names (3)

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

Universal Partners Trading name: A name it trades under now.
UP Trading name: A name it trades under now.
UPFX Trading name: A name it trades under now.

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 (2 permissions)

5. Issuing and/or acquiring of payment instruments.
6. Money remittance.

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: 10674030 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 16 March 2017 (9 years old)
Registered office: Sierra Quebec Bravo 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom
Nature of business: Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Dhaval Ashok Patel	Director	Sep 1990	12 Feb 2018	None
Andrew John Swaffield	Director	Sep 1967	1 Mar 2025	5 other companies
Jaymin Patel	Director	Jul 1993	11 Sep 2026	None
Maria Magdalena Gonzalez	Director	Jan 1978	23 Sep 2026	4 other companies

Other companies run by these 4 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies: 9
still active: 9
are FCA-registered: 3

In the full report: all 9 companies, named

What each company does, and whether it is still trading
Which of these 4 directors sit on each board, and since when
Any that went into liquidation or administration
The 3 on the FCA register, including one no longer authorised
All 7 people who have ever been directors, with their dates

Filed accounts and finances

Year to 30 September 2025Full accountsAudited

Profit before tax

£1.20m

−61% from £3.07m

Net assets

£8.78m

+10% from £7.95m

Cash at bank

£8.73m

−20% from £11.0m

Owed within a year

£6.74m

−96% from £151.5m

The accounts for the year to 30 September 2025 do not tag turnover in a form that can be read automatically, so it is not shown. The last tagged figure is £709.7m, for the year to 30 September 2021.

* Cash at bank usually includes customers’ money.

Profit before tax

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 10674030. 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

Universal Partners FX’s history from the FCA register and Companies House, newest first.

Key events (8) All events (23)

2023

8 June 2023

Dhaval Patel stopped being a part-owner
Oliver William Carson stopped being a part-owner
Universal Partners Group Ltd took control (75–100% of shares)

Companies House

2019

18 June 2019

Regulated by the FCA from this date
Became an authorised payment institution

FCA register

2017

16 March 2017

Incorporated at Companies House
Dhaval Patel became a part-owner (25–50% of shares)
Oliver William Carson became a part-owner (25–50% of shares)

Companies House

In the full report: all 23 events

All 23 events in its history (8 shown here)
Every director appointment and resignation: 12

Firms connected to Universal Partners FX

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

connected firm: 1
share a director: 1
past links: 2

In the full report: the connected firm, named

How it is linked: shared directors (1)
Who links it to this firm: the named directors, with dates
2 past links through former directors

Firms like Universal Partners FX

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

In London

Uber Payments UK LimitedLondonAuthorised Wise Payments LimitedLondonAuthorised Forisgfs UK LimitedLondonAuthorised Wepay Payments Ltd.LondonAuthorised Airbnb Payments UK LimitedLondonAuthorised Mollie 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 Universal Partners FX

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

9 other companies its directors have run, named
3 background checks on its contact details
All 23 events in its history
1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is Universal Partners FX Ltd FCA authorised?

Yes, Universal Partners FX Ltd (FRN 820037) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since June 2019 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.

What is Universal Partners FX’s phone number and website?

The FCA register lists the phone number 020 7190 9559 and the website universalpartners.com for Universal Partners FX. If you were given different contact details, use these to check with the firm before going any further.

Is Universal Partners FX a scam or clone?

Universal Partners FX 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 Universal Partners FX?

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 Universal Partners FX to the Financial Ombudsman Service, free of charge.

Who owns Universal Partners FX?

Universal Partners FX is owned by Universal Partners Group Ltd, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 8 June 2023. Before that, it was controlled by Mr Oliver William Carson and Mr Dhaval Patel.

Who runs Universal Partners FX?

Companies House lists 4 directors of Universal Partners FX: Dhaval Ashok Patel, Andrew John Swaffield, Jaymin Patel and Maria Magdalena Gonzalez.

How long has Universal Partners FX been in business?

The company was formed on 16 March 2017, and has held its current FCA authorisation since June 2019.

What do Universal Partners FX’s latest accounts show?

Its latest accounts, to 30 September 2025, show profit before tax of £1.20m (−61% from £3.07m) and net assets of £8.78m (+10% from £7.95m).

Does Universal Partners FX use any other names?

It trades as Universal Partners, UP and UPFX.