MASTERCARD PREPAID MANAGEMENT SERVICES LIMITED
Get an alert when MASTERCARD PREPAID MANAGEMENT SERVICES 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
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-04
Overdue
Watchouts
Cash
£44M
-14.4% vs 2023
Net assets
£106M
+0.4% vs 2023
Employees
133
+2.3% vs 2023
Profit before tax
£5M
-50% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-04.
Name history
Renamed 3 times since incorporation
- MASTERCARD PREPAID MANAGEMENT SERVICES LIMITED 2016-01-12 → present
- ACCESS PREPAID WORLDWIDE LTD. 2011-05-04 → 2016-01-12
- TRAVELEX CARD SERVICES LIMITED 2005-06-07 → 2011-05-04
- IBIS (929) LIMITED 2005-04-20 → 2005-06-07
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £46,912,000 | £47,561,000 | |
| Operating profit | £8,809,000 | £3,486,000 | |
| Profit before tax | £9,383,000 | £4,693,000 | |
| Net profit | £9,113,000 | £408,000 | |
| Cash | £51,341,000 | £43,958,000 | |
| Total assets less current liabilities | £105,719,000 | £106,965,000 | |
| Net assets | £105,682,000 | £106,108,000 | |
| Equity | £105,682,000 | £106,108,000 | |
| Average employees | 130 | 133 | |
| Wages | £8,833,000 | £9,752,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 18.8% | 7.3% | |
| Net margin | 19.4% | 0.9% | |
| Return on capital employed | 8.3% | 3.3% | |
| Gearing (liabilities / total assets) | 22.3% | 24.3% | |
| Current ratio | 2.56x | 2.46x | |
| Interest cover | 163.13x | 22.78x |
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
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are confident the Company has sufficient resources to continue as a going concern for at least 12 months from the date of signing these financial statements and on this basis, they consider that it is appropriate to prepare the financial statements on the going concern basis.”
Group structure
- MASTERCARD PREPAID MANAGEMENT SERVICES LIMITED · parent
- Mastercard Prepaid Management Services Australia PTY Limited 100%
- Mastercard Prepaid Management Services (NZ) Limited 100%
- Mastercard Prepaid Management Services Japan KK 100%
- Access Prepaid Brazil Servicos de Cartoes S.A 100%
- Access Prepaid Singapore PTE Ltd 100%
- Access Prepaid USA Inc 100%
Significant events
- “The Company successfully migrated to a new 3rd party processing partner during the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARHUR EP. FOX, Nathalie Simone Louise | Secretary | 2021-04-30 | — | — |
| GIBBON, Michael Ian | Director | 2024-08-19 | May 1972 | British |
| JAKEWAY, Sarah Jane | Director | 2026-01-01 | Apr 1982 | American |
| STEEL, Paul Francis, Director | Director | 2023-02-27 | Apr 1972 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KIM, Daniel | Secretary | 2017-06-01 | 2021-04-30 |
| PAREKH, Hemal | Secretary | 2011-04-15 | 2017-06-01 |
| PIGNET, Sylvain Marc | Secretary | 2005-05-17 | 2011-04-15 |
| DECHERT SECRETARIES LIMITED | Corporate Secretary | 2005-04-20 | 2005-05-17 |
| BIRCH, James Edward Sullivan | Director | 2005-05-17 | 2007-04-04 |
| BROWN, Ethan Neil | Director | 2022-08-01 | 2023-03-01 |
| BURLANDO, Fabrizio | Director | 2017-07-14 | 2019-02-01 |
| CORR, Paul Devin | Director | 2019-02-01 | 2021-07-15 |
| FRIEDMAN, Marc Eliot | Director | 2015-07-09 | 2017-06-01 |
| GOLDSTEIN, Bart Scott | Director | 2011-04-15 | 2012-05-17 |
| HALPRIN, Joseph Rickard | Director | 2012-05-17 | 2019-02-01 |
| HARRIS, Thomas William | Director | 2019-03-19 | 2020-08-12 |
| HASLEHURST, Nicholas John | Director | 2010-01-26 | 2011-04-15 |
| HORGAN, Mark | Director | 2010-01-26 | 2011-04-15 |
| HYNES, Ronald Carl | Director | 2011-04-15 | 2015-01-02 |
| KAHN, Clive Ian | Director | 2005-05-17 | 2006-11-23 |
| KELSEY, Suzanne Jane | Director | 2019-02-01 | 2021-02-01 |
| MAFFEIS, Milena Maria | Director | 2023-02-27 | 2026-01-01 |
| MCCAUL, Catherine | Director | 2014-04-24 | 2017-03-10 |
| MURDEN, Vanessa Ann | Director | 2007-04-04 | 2010-01-26 |
| MURPHY, Timothy Henry | Director | 2011-04-15 | 2014-04-24 |
| PERRY, Graham Frederick | Director | 2017-04-01 | 2017-06-01 |
| ROTHWELL, Julian Gordon | Director | 2007-04-04 | 2010-01-26 |
| SCERCH, Andrea, Mr. | Director | 2017-03-10 | 2019-02-01 |
| SEAR, David Valentine James | Director | 2007-04-04 | 2010-01-27 |
| TUREMKA, Artur Jozef | Director | 2020-08-12 | 2024-02-29 |
| WILLAERT, Bart Pieter M. | Director | 2021-02-01 | 2023-03-01 |
| WILLIAMS, Robert Scott | Director | 2017-06-01 | 2019-02-01 |
| WILLMAN, Alfred David | Director | 2021-07-15 | 2022-08-01 |
| ZANGHELLINI, Luigi | Director | 2024-03-28 | 2024-06-03 |
| DECHERT NOMINEES LIMITED | Corporate Director | 2005-04-20 | 2005-05-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mastercard Incorporated | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 143 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-29 | AA | accounts | Accounts with accounts type full | |
| 2025-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | CH01 | officers | Change person director company with change date | |
| 2024-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-12 | AA | accounts | Accounts with accounts type full | |
| 2024-06-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-30 | AA | accounts | Accounts with accounts type full | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-02 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-03-02 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2023-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-16 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+1.4%
£46,912,000 £47,561,000
-
Cash
-14.4%
£51,341,000 £43,958,000
-
Net assets
+0.4%
£105,682,000 £106,108,000
-
Employees
+2.3%
130 133
-
Operating profit
-60.4%
£8,809,000 £3,486,000
-
Profit before tax
-50%
£9,383,000 £4,693,000
-
Wages
+10.4%
£8,833,000 £9,752,000
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