United Kingdom · Payments & e-money
LCC Trans-Sending Limited
Trading asSmall World Money Transfer · Small World Financial Services · LCC
LCC Trans-Sending Limited is a private limited company registered in England and Wales. The FCA authorises it as a payment institution for money remittance, reference 504482. Small World Financial Services Group Limited holds 75% or more of its shares. Trading as Small World Money Transfer, it served UK senders and acted as the Small World Group's payment hub. It stopped accepting new business on 10 June 2024 and has been in special administration since 18 June 2024.
Licences and registrations
Held by LCC Trans-Sending Limited (LEI 213800VO1N2Y13O6IY82). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - Payment Institutions & RAISPsFCA | Authorised Payment InstitutionPayment Institution | 504482 | United Kingdom | Active | 2018-02-09 | — |
|
Search the register ↗ |
Trading names on the register: Small World Money Transfer (FCA-PSD), Small World Financial Services (FCA-PSD), LCC (FCA-PSD)
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Small World Financial Services Group Limited
Firm type
Money remittance
Trades as Small World Money Transfer
- Standing · In liquidation or dissolved
- The firm stopped accepting new business on 10 June 2024. It entered special administration on 18 June 2024, and Grant Thornton partners were appointed as joint special administrators. It remains FCA-authorised. The administrators made a first and final distribution of relevant funds at 48.64 pence in the pound on 3 July 2026.
- Ownership
- Small World Financial Services Group Limited (Companies House 05405279) holds 75% or more of the shares and voting rights and can appoint directors. That company was itself in administration from 18 June 2024.
- Direct parent
- Small World Financial Services Group Limited, United Kingdom
- Head office
- C/O Grant Thornton UK Advisory & Tax LLP, 11th Floor Landmark, St Peters Square, 1 Oxford Street, M1 4PB Manchester, United Kingdom
- Company register
- Companies House 04363859
- Incorporated
- 30 Jan 2002
- Former name
- SPEED 9053 LIMITED
Online
- Websites & references
- smallworlduk.grantthornton.co.uk ↗ information site of the joint special administrators (Grant Thornton UK)
- Official social accounts
- None found
Sources · 10 pages consulted
- fca.org.uk/news/news-stories/lcc-trans-sending-limited-enters-special-administration
- fca.org.uk/news/press-releases/fca-fines-three-money-transfer-firms-breaking-competition-law
- fca.org.uk/firms/case-study-competition-act-1998-decision
- find-and-update.company-information.service.gov.uk/company/04363859
- find-and-update.company-information.service.gov.uk/company/04363859/officers
- find-and-update.company-information.service.gov.uk/company/04363859/persons-with-significant-control
- smallworlduk.grantthornton.co.uk/
- smallworlduk.grantthornton.co.uk/latest-news/
- thegazette.co.uk/notice/4701302
- smallworldfs.com/en/faqs/small-world-fs-stopped-providing-services
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm to provide money remittance under the Payment Services Regulations 2017. According to the FCA, HMRC also supervised it for money laundering purposes. Since June 2024, an undertaking bars it from taking on new customers or agents and from accepting new customer funds.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority (FCA) United Kingdom | Authorised Payment Institution | 504482 | In its own name | Active | register.fca.org.uk ↗ |
| HM Revenue & Customs (HMRC) United Kingdom | Anti-money laundering supervision | — | In its own name | Status unconfirmed | fca.org.uk ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Products and markets
Researched 29 Sep 2026 · Sources
Until 10 June 2024 it offered international money transfers from the UK through agents, branches, websites and mobile apps. It also acted as the payment hub for the Small World Group. It no longer processes transactions.
It served UK customers until it stopped trading in June 2024. It now has no active customer business.
- Sells to
- Consumers
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Chris Laverty Joint Special Administrator (Grant Thornton UK)
- Executive
- Russell Simpson Joint Special Administrator (Grant Thornton UK)
- Executive
- Jarred Erceg Joint Special Administrator (Grant Thornton UK)
- Executive
- Stanley Wachs Director
- Executive
- Alistair Richard Gates Director
- Executive
- Antonio Inesta Company Secretary
Recent events 2 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Other
The joint special administrators made a first and final distribution of relevant funds at 48.64 pence in the pound.
smallworlduk.grantthornton.co.uk ↗ -
Other
The administrators of the parent, Small World Financial Services Group Limited, filed their final report, ending its administration.
smallworlduk.grantthornton.co.uk ↗ -
Other
The joint special administrators' hard bar date for customer relevant-funds claims passed on 31 August 2025.
smallworlduk.grantthornton.co.uk ↗ -
Other
The High Court approved the special administrators' distribution plan for returning customer funds and the setting of a hard bar date.
smallworlduk.grantthornton.co.uk ↗ -
Other
The High Court placed the firm in special administration and appointed three Grant Thornton partners as joint special administrators.
fca.org.uk ↗ -
Licence
The firm signed an undertaking to the FCA not to onboard new customers or agents or accept new customer funds.
fca.org.uk ↗ -
Incident
The firm closed to new business and stopped accepting customer funds on 10 June 2024.
fca.org.uk ↗ -
Enforcement
The FCA fined the firm and its parent, trading as Small World, GBP 139,500 for fixing UK–Pakistan remittance prices in Glasgow in 2017.
fca.org.uk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · FCA-PSD
- 504482
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate on the UK company number the register gives
- Elucidate firm ID
- 7e513fa7d8a9
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Payment Institution
- Activities
- Payment services
- Licensed in
- United Kingdom · Europe & Central Asia
- First registered
- 2018-02-09
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Address on the register
- C/O Grant Thornton UK LLP, 30 Finsbury Square, London, EC2A 1AG
- Country
- United Kingdom
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
<LEI>213800VO1N2Y13O6IY82</LEI>
<Nm>LCC Trans-Sending Limited</Nm>
<PstlAdr>
<PstCd>EC2A 1AG</PstCd>
<TwnNm>London</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>C/O Grant Thornton UK LLP</AdrLine>
<AdrLine>30 Finsbury Square</AdrLine>
</PstlAdr>
</FinInstnId>CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- FCA Financial Services Register - Payment Institutions & RAISPs—Financial Conduct Authority (FCA) · source ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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