CRANE PAYMENT INNOVATIONS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. CRANE PAYMENT INNOVATIONS LIMITED 2016-09-02 → present
2. CRANE PAYMENT SOLUTIONS LIMITED 2011-06-29 → 2016-09-02
3. MONEY CONTROLS LIMITED 2001-04-06 → 2011-06-29
4. MONEY CONTROLS (UK) LIMITED 1999-07-22 → 2001-04-06
5. COIN CONTROLS LIMITED 1983-06-08 → 1999-07-22
6. ROYTON INDUSTRIES LIMITED 1982-12-21 → 1983-06-08

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company has adequate resources to continue in existence for the period of at least 12 months from signing of these financial statements. In making this assessment, the directors have prepared a cash flow forecast for at least 12 months from the date of the approval of these financial statements, which show that”

Group structure

1. CRANE PAYMENT INNOVATIONS LIMITED · parent
   1. Coin Overseas Holdings Ltd 100% · Great Britain · Holding Company

Significant events

• “On 16th June 2023, the High Court handed down a judgement in the case of Virgin Media Limited V NTL Pension Trustees II limited and others. The case concerned the validity of historic rule amendments made to pension schemes that were contracted out of the state pension between 6 April 1997 and 5 April 2016 under the Inland Revenue's 'Reference Scheme Test'.”
• “Following the Court of Appeal's decision to uphold the High Court's ruling against Virgin Media and the subsequent announcement from the DWP around to obtain retrospective actuarial confirmation that historic changes have met the necessary standards, the company continues to monitor legal developments in this area with the assistance of its advisors.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -20.1%

  £112,504,000 → £89,880,000

• Cash

  -100%

  £20,993,000 → £8,000

• Net assets

  -26%

  £58,722,000 → £43,473,000

• Employees

  -12.1%

  297 → 261

• Operating profit

  -45.2%

  £19,523,000 → £10,698,000

• Profit before tax

  -46.6%

  £27,041,000 → £14,448,000

• Wages

  +2.3%

  £9,170,000 → £9,379,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers