CURRENCIES DIRECT 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

UK-adopted International Accounting Standards

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Company is cash generative through its trading activities, and is in a net asset position. The Company forms part of the wider Redpin Topco Limited Group and in its assessments of going concern the Directors of the Company has taken into consideration the availability of financial support from the ultimate parent company, Redpin Topco Limited, and its subsidiaries (together "the Group").”

Group structure

1. CURRENCIES DIRECT LIMITED · parent
   1. Redpin India Solutions Private Limited 99% · India · Business process outsourcing
   2. Currencies Direct Financial Markets Limited 100% · UK · Dormant
   3. Currencies Direct Inc 100% · USA · Foreign exchange & payment services
   4. Currencies Direct South Africa Pty Ltd 100% · South Africa · Foreign exchange & payment services
   5. E4F Forex (PTY) Limited 100% · South Africa · Foreign exchange & payment services
   6. Currencies Direct Spain EDE S.L. 100% · Spain · Foreign exchange & payment services
   7. Currencies Direct Hong Kong Limited 100% · Hong Kong · Foreign exchange & payment services
   8. Currencies Direct (Canada) Inc 100% · Canada · Foreign exchange & payment services
   9. Currencies Direct Japan G.K. 100% · Japan · Foreign exchange & payment services

Significant events

• “Revenue arising from contracts with customers of the Company decreased in FY25 by 6% or by £1.9m to £31.4m (2024: £33.3m).”
• “During the year though, there was a £3.0m impairment of one its investments in subsidiaries, E4F, following weakening trading results during FY25 (2024: £nil).”
• “The Board has approved a Code of Ethics which sets out the Company's approach to responsible and ethical business behaviour with the underlying principle that everyone working for the Company, including the directors, must adhere to the highest standards of integrity, loyalty, fairness and confidentiality, including meeting all legal and regulatory requirements.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -5.6%

  £33,315,000 → £31,441,000

• Cash

  -20.8%

  £130,535,000 → £103,387,000

• Net assets

  +4.2%

  £88,157,000 → £91,889,000

• Employees

  +3%

  134 → 138

• Operating profit

  -137.3%

  £3,706,000 → -£1,383,000

• Profit before tax

  -80.3%

  £7,943,000 → £1,562,000

• Wages

  +7.3%

  £11,192,000 → £12,004,000

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