CAMBRIDGE MERCANTILE CORP. (UK) LIMITED

• ◆

  4 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future for a period of 12 months from the date of the approval of these financial statements. As of 31 December 2024, the Company has net current liabilities amounting to £464,654k (2023: £338,601k) and net assets amounting to £136,838k (2023: net liabilities of £75,505k).”

Group structure

1. CAMBRIDGE MERCANTILE CORP. (UK) LIMITED · parent
   1. Cambridge Mercantile Risk Management (UK) Ltd. 100% · UK · Financial services (derivative products)

Significant events

• “In December 2024, the Company's ultimate parent Company, Corpay, Inc., completed the acquisition of GPS Capital Markets, LLC and its subsidiaries (collectively "GPS Group"), a provider of cross-border payment solutions...”
• “In January 2025, each non-US affiliate within the Corpay Cross-Border Group of Companies, including the Company, entered a Deed of Guarantee and Indemnity Agreement to serve as a guarantor to Corpay Trading Canada, Inc. ("CTCC")...”
• “On 29 April 2025, Corpay, Inc., announced its intention to sell approximately a 3% ownership interest in its Cross-Border business to Mastercard.”
• “On 30 June 2025, the Company issued 1 ordinary share in exchange for £134,839k to its sole owner FleetCor UK Acquisition Limited.”
• “On 30 June 2025, the Company settled the notes payable including the accrued interest to Foreign Currency Exchange Limited, Global Reach Partners Limited amounting to £27,456k, £1,757k and £96,957k, respectively.”
• “On 30 June 2025, the Company contributed £8,669k to its subsidiary, Cambridge Mercantile Risk Management Limited in exchange for 1 ordinary share.”

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

Filings

13

last 12 months

Capital events

1

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.