MIL OVERSEAS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the financial, operating and other business risks for a period of 12 months from the date of approval of these financial statements, that could individually or collectively impact the going concern assumption on which the financial statements are prepared.”

Group structure

1. MIL OVERSEAS LIMITED · parent
   1. MoneyGram India Private Limited 99.5% · India · marketing & promotional services
   2. MIL Overseas Nigeria Limited 100% · Nigeria · marketing & promotional services
   3. MoneyGram Overseas (Proprietary) 100% · South Africa · marketing & promotional services

Significant events

• “On 27 January 2025, the Board declared a cash dividend of €9.4 million that was paid on 30 January 2025 to the sole member of the Company, MoneyGram International Payment Systems Inc.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -8.6%

  £10,932,732 → £9,989,598

• Cash

  +0.1%

  £13,419,730 → £13,429,265

• Net assets

  +2.9%

  £15,160,368 → £15,597,261

• Employees

  +9.1%

  44 → 48

• Operating profit

  +3.1%

  £608,530 → £627,601

• Profit before tax

  -2.1%

  £608,530 → £595,527

• Wages

  -2.9%

  £7,280,687 → £7,070,042

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