Universal Securities & Investments Limited

Reference number: 574754

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Authorised by the FCA

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

This company holds another FCA record

A company can hold several FCA records, covering different parts of its business, and each one carries its own permissions and protection. The reference number you were given decides which record applies to you.

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.

In the full report: 3 background checks

  • When usimoney.com first appeared online, and whether it can receive email
  • What kind of line 020 3327 7780 is
  • Who else gives the postcode W1B 5TB
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Other names (12)

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

  • Buzzwallet Trading name
  • Cell Money Trading name
  • Universalsi Trading name
  • USI MONEY Trading name
  • USI MONEY BUSINESS Trading name
  • Universal Securities and Investments Ltd Former name
  • AK Money Former trading name
  • Fast Money Former trading name
  • Mufti Remit Former trading name
  • Raqam Former trading name
  • Remit Express Former trading name
  • USI CAPITAL Former trading name

FCA permissions and consumer protection

  • Hold or safeguard your money · 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 (6 permissions)
  • 1. Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account.
  • 2. Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account.
  • 3. Executing payment transactions (no credit line)
  • 4. Executing payment transactions (credit line)
  • 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
05187654
Company status
Active
Company type
Private limited company
Incorporated
23 July 2004 (22 years old)
Registered office
Suite 326 Linen Hall, 162-168 Regent Street, London, W1B 5TB, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Saima Qureshi Director Apr 1984 30 Jun 2011 2 other companies
Mohammad Abdullah Shabbir Qureshi Director Dec 1993 13 Oct 2022 None
Saima Qureshi Secretary Not published 1 Nov 2009 –

Other companies run by these 2 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
2
closed down
1
still active
1

In the full report: all 2 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • All 5 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 30 June 2026Small company accountsAudited

Net assets

£859k

+31% from £656k

Cash at bank

£541k

+27% from £426k

Employees (average)

15

+15% from 13

* Cash at bank usually includes customers’ money.

Assets and liabilities

In the full report: all 8 years of accounts

  • Every year from 2019 to 2026
  • The chart, over every year
  • Every filed figure, year by year
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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.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 05187654. 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 Securities & Investments’s history from the FCA register and Companies House, newest first.

Key events (10) All events (36)

2020

23 December 2020

  • Changed its registered name from "Universal Securities and Investments Ltd"

FCA register

2018

18 June 2018

  • No longer supervised by HMRC

FCA register

2016

30 June 2016

  • Saima Qureshi took control (75–100% of shares)

Companies House

2013

31 March 2013

  • No longer regulated by the Financial Services Authority

FCA register

2012

13 August 2012

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

26 July 2012

  • Regulated by the Financial Services Authority from this date
  • Supervised by HMRC under the money laundering rules from this date

FCA register

2011

30 June 2011

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

Companies House

2004

23 July 2004

  • Incorporated at Companies House

Companies House

In the full report: all 36 events

  • All 36 events in its history (10 shown here)
  • Every director appointment and resignation: 8
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Firms connected to Universal Securities & Investments

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

connected firms
5
no longer authorised
1
share its postcode
5

In the full report: all 5 connected firms, named

  • How each is linked: the same postcode (5)
  • Who links each one: the named directors, with dates
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Firms like Universal Securities & Investments

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

In London

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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 Securities & Investments

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

  • 2 other companies its directors have run, named
  • 3 background checks on its contact details
  • 8 years of accounts, charted
  • All 36 events in its history
  • 5 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Universal Securities & Investments Limited FCA authorised?
Yes, Universal Securities & Investments Limited (FRN 574754) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since August 2012 and works as a payment or money transfer firm. The FCA has placed no limits on its permissions.
What is Universal Securities & Investments’ phone number and website?
The FCA register lists the phone number 020 3327 7780 and the website usimoney.com for Universal Securities & Investments. If you were given different contact details, use these to check with the firm before going any further.
Is Universal Securities & Investments a scam or clone?
Universal Securities & Investments 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 Securities & Investments?
It is permitted to hold and control client money, which it must keep separate from its own. 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 Securities & Investments to the Financial Ombudsman Service, free of charge.
Who owns Universal Securities & Investments?
Companies House lists one person with significant control of Universal Securities & Investments: Mrs Saima Qureshi (75–100% of shares).
Who runs Universal Securities & Investments?
Companies House lists 2 directors of Universal Securities & Investments: Saima Qureshi and Mohammad Abdullah Shabbir Qureshi.
How long has Universal Securities & Investments been in business?
The company was formed on 23 July 2004, and has held its current FCA authorisation since August 2012.
What do Universal Securities & Investments’ latest accounts show?
Its latest accounts, to 30 June 2026, show net assets of £859k (+31% from £656k) and cash at bank of £541k (+27% from £426k).
Does Universal Securities & Investments use any other names?
It trades as Buzzwallet, Cell Money, Universalsi, USI MONEY and USI MONEY BUSINESS. It has previously used 7 other names, including Universal Securities and Investments Ltd, AK Money and Fast Money.

Sources and links

The full report on Universal Securities & Investments Limited

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