PLANET PAYMENT UK LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's financial statements have been prepared on a going concern basis. The company incurred a loss of £36.9m for the year and is in a net current liability position of £56.2m at year end. The directors are conscious of the Company's continued reliance on the Group...for its trading activities and funding facilities. The parent undertaking...has provided a letter of support to the Company, indicating its intention to provide the Company with such financial support as is required to allow the company to meet its obligations as they fall due for a period of at least 12 months...Accordingly, Company directors believe that it is reasonable to adopt the going concern basis.”

Group structure

1. PLANET PAYMENT UK LIMITED · parent
   1. Hoist Group Development UK Limited 1% · United Kingdom

Significant events

• “In July 2024, Hoist Group S.A transferred the beneficial interest in the entire share capital of Hoist Group Development UK Limited to Planet Payment UK Limited for consideration owed by Planet Payment UK Limited to Hoist Group S.A in the sum of EUR60,479,843.”
• “On 31 July 2024, Hoist Group Development UK Limited declared and paid an interim dividend of £33,587,564 per ordinary share of £1 each in the capital of the Hoist Group to Planet Payment UK Limited.”
• “On 23rd February 2024, Al Silk Midco Limited completed the re-financing of the group's existing credit facilities into a new debt package, comprising a new Term Loan Facility of €910m and a Revolving Credit Facility of €143m.”
• “Development costs have increased during the year, primarily due to the capitalisation of development related expenditures following a change in IP ownership.”
• “On 28th February 2025, the Group borrowed an additional €26m bearing an interest rate of 4.75% plus Euribor.”

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

Filings

4

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +172.6%

  £30,186,000 → £82,295,000

• Cash

  -84.9%

  £451,000 → £68,000

• Net assets

  +54.6%

  £15,112,000 → £23,367,000

• Employees

  -16.7%

  180 → 150

• Operating profit

  -2,975.3%

  £1,258,000 → -£36,171,000

• Profit before tax

  -2,593.3%

  £1,483,000 → -£36,976,000

• Wages

  +12.6%

  £23,307,000 → £26,252,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers