REMITIX LIMITED
Get an alert when REMITIX LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-02-28
Confirmation statement due
2026-09-10 (in 4mo)
Last made up 2025-08-27
Watchouts
None on the register
Cash
£23M
-37.1% vs 2024
Net assets
£26M
-10.2% lowest in 3 filed years
Employees
20
-13% vs 2024
Profit before tax
-£4M
+14.3% vs 2024
Name history
Renamed 1 time since incorporation
- REMITIX LIMITED 2013-07-10 → present
- MUKURU LIMITED 2004-10-27 → 2013-07-10
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2025-02-28
| Metric | Trend | 2023-03-01 | 2024-02-28 | 2025-02-28 |
|---|---|---|---|---|
| Turnover | — | £66,263,791 | £79,697,726 | |
| Operating profit | — | -£5,055,354 | -£4,716,968 | |
| Profit before tax | — | -£4,717,100 | -£4,041,539 | |
| Net profit | — | -£3,892,850 | -£2,956,065 | |
| Cash | £22,523,265 | £36,186,951 | £22,774,227 | |
| Total assets less current liabilities | £32,757,052 | £28,954,016 | £25,905,584 | |
| Net assets | £32,754,499 | £28,861,649 | £25,905,584 | |
| Equity | £32,754,499 | £28,861,649 | £25,905,584 | |
| Average employees | — | 23 | 20 | |
| Wages | — | £3,474,913 | £2,588,066 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-01 | 2024-02-28 | 2025-02-28 |
|---|---|---|---|---|
| Operating margin | — | -7.6% | -5.9% | |
| Net margin | — | -5.9% | -3.7% | |
| Return on capital employed | — | -17.5% | -18.2% | |
| Gearing (liabilities / total assets) | 62.4% | 75.0% | 76.7% | |
| Current ratio | 1.34x | 1.14x | 0.99x | |
| Interest cover | — | -18.83x | -42.33x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that the Company has adequate financial resources to continue in operation for a period of at least 12 months after the date that the financial statements are approved and accordingly the annual financial statements have been prepared on a going concern basis. The company is in a positive net asset position and a positive net current asset position, and despite the company making a loss in the current financial year, the going concern basis has been adopted since a subordination agreement has been received from Gemini Systems Limited.”
Group structure
- REMITIX LIMITED · parent
- CARB Holdings (Pty) Ltd
- Gemini Systems Ltd
- Mukuru Africa (Pty) Ltd
- Mukuru Belgium BV
- Mukuru Bureau de Change (Pty) Ltd
- Mukuru Bureau de Change Ltd
- Mukuru Financial Services (Pty) Ltd
- Mukuru Financial Services (Pty) Ltd
- Mukuru Financial Services (Pty) Ltd
- Mukuru Financial Services Multiple Agent (Pvt) Ltd
- Mukuru Financial Services Zimbabwe Ltd
- Mukuru Limitada
- Mukuru Money Transfer Ltd
- Mukuru Money Transfer Ltd
- Mukuru Money Transfer Ltd
- Mukuru Money Transfer Ltd
- Mukuru Money Transfer Ltd
- Mukuru Money Transfer Ltd
- Mukuru Money Transfer S.A
- Mukuru Money Transfer SARL
- Mukuru Shared Services (Pty) Ltd
- Mukuru, S.A
- Send Money Home (Private) Ltd
- SMH Botswana Bureau de Change (Pty) Ltd
- Southern Systems Holdings Ltd
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MUNTHALI, James Isaac | Secretary | 2024-09-19 | — | — |
| HAVEMANN, Maximilian David | Director | 2024-02-01 | Sep 1983 | South African |
| ISENEGGER, David Andrew | Director | 2022-07-12 | Aug 1964 | British |
| JURY, Andrew Ronald | Director | 2018-09-06 | Jan 1980 | British,South African |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENNETT, Owen Dougal Gavin | Secretary | 2015-11-05 | 2022-02-03 |
| FULLER, John Stewart | Secretary | 2013-08-20 | 2015-11-05 |
| GROENEWALD, Andri | Secretary | 2022-02-03 | 2024-09-19 |
| 1ST CONTACT SECRETARIES LIMITED | Corporate Nominee Secretary | 2004-10-27 | 2007-03-15 |
| FULLER MANAGEMENT LIMITED | Corporate Secretary | 2007-03-15 | 2013-08-20 |
| BURRELL, Robert Bruce | Director | 2004-10-29 | 2015-05-08 |
| FULLER, John Stewart | Director | 2015-05-08 | 2023-06-30 |
| ISAACS, Leon David | Director | 2016-05-17 | 2017-04-01 |
| JANKEE PERSAND, Bavita | Director | 2016-07-19 | 2022-07-12 |
| NUGENT, Brian | Director | 2004-10-29 | 2006-10-31 |
| PELEGRIN, Borislav Ivan | Director | 2016-07-19 | 2022-07-12 |
| SILVER, Adam | Director | 2022-07-12 | 2024-01-31 |
| 1ST CONTACT DIRECTORS LIMITED | Corporate Nominee Director | 2004-10-27 | 2005-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Remitix Finance Limited | Corporate entity | Shares 75–100% | 2023-01-09 | Active |
Filing timeline
Last 20 of 116 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-09 | AA | accounts | Accounts with accounts type full | |
| 2025-08-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-14 | AA | accounts | Accounts with accounts type full | |
| 2024-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-20 | CH01 | officers | Change person director company with change date | |
| 2024-09-20 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-09-20 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-01 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-31 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-03-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-30 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-02-28 vs 2024-02-28
-
Turnover
+20.3%
£66,263,791 £79,697,726
-
Cash
-37.1%
£36,186,951 £22,774,227
-
Net assets
-10.2%
£28,861,649 £25,905,584
lowest in 3 filed years
-
Employees
-13%
23 20
-
Operating profit
+6.7%
-£5,055,354 -£4,716,968
-
Profit before tax
+14.3%
-£4,717,100 -£4,041,539
-
Wages
-25.5%
£3,474,913 £2,588,066
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