This is the wholly insolvent “Crossflow Payment Solutions” – Incredibly, they are authorised and regulated by the U.K.’s Financial Conduct Authority (#FCA) in relation to their business.
One will quite quickly realise that #CrosslowP are insolvent upon a balance sheet basis, and the circa GBP £5,000,000 insolvent position they are in – is actually getting worse at a rate of knots.
However, if you are one of their customers – Don’t expect the U.K. Govt. to ‘bail you out’ = https://register.fca.org.uk/s/firm
“The Financial Ombudsman Service will not be able to consider a complaint about this firm.”
“The Financial Services Compensation Scheme will not be able to consider a claim against this firm if it fails.”
. . . and it will (sooner or later)!
To discuss further, please do not hesitate to contact the writer.
Founding Principal – and – Business Law Solicitor
+44 (0) 20 8780 3319 : London D.D. Landline Tel.
www.EquitableLaw.com – Solicitors For Business