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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-05 (in 7mo)

Last made up 2025-11-21

Watchouts

None on the register

Cash

£13K

-91.8% vs 2023

Net assets

£105M

+94.9% vs 2023

Employees

127

+21% vs 2023

Profit before tax

£69M

+9% vs 2023

Name history

Renamed 2 times since incorporation

  1. WEX EUROPE LIMITED 2014-01-30 → present
  2. CORPORATEPAY LIMITED 2008-01-15 → 2014-01-30
  3. ROSE SHED LIMITED 2006-09-07 → 2008-01-15

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £103,737,864£103,611,304
Operating profit £63,234,223£64,845,700
Profit before tax £63,364,251£69,043,863
Net profit £47,831,137£51,128,641
Cash £157,767£13,003
Total assets less current liabilities £53,895,631£105,024,272
Net assets £53,895,631£105,024,272
Equity £53,895,631£105,024,272
Average employees 105127
Wages £13,144,938£15,333,738

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 2023-12-312024-12-31
Operating margin 61.0%62.6%
Net margin 46.1%49.3%
Return on capital employed 117.3%61.7%
Gearing (liabilities / total assets) 28.1%8.4%
Current ratio 2.49x9.80x
Interest cover 155.54x420.26x

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 102
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have considered the company's profit in the year, future cash generation, future profits projected, the company's ongoing cash requirements, the recoverable amounts of both trade receivables and amounts owed to group undertakings and the availability of funds through the intercompany loan agreement with Wright Express International Holdings Limited. As a result of the review, the directors are confident the company has adequate resources to continue its operations for the foreseeable future, being at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

  1. WEX EUROPE LIMITED · parent
    1. Wex Europe Solutions Limited 100% · London, SE1 9BG

Significant events

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

People

2 active · 17 resigned

Name Role Appointed Born Nationality
HANCOCK, Jason Anthony Director 2024-02-26 Jan 1975 British
RUSHTON, Katie Louise, Ms. Director 2026-04-14 Mar 1984 British
Show 17 resigned officers
Name Role Appointed Resigned
REYNOLDS, Ronald Lamont Secretary 2007-12-18 2011-02-15
SECRETARIAL APPOINTMENTS LIMITED Corporate Nominee Secretary 2006-09-07 2006-09-07
BADALE, Manoj Kumar Director 2007-12-18 2012-05-11
CARRIEDO DE MARIA CAMPOS, Carlos Director 2022-04-01 2025-02-18
DUBYAK, Michael Edward Director 2012-05-11 2014-01-01
ELDER, Steven Alan Director 2012-05-11 2016-09-16
MINDENHALL, Charles Stuart Director 2011-02-15 2012-05-11
PADDOCK, Steven Stuart Director 2025-02-18 2026-04-15
PATEL, Anant Ramanbhai Director 2019-04-30 2021-06-30
PRICE, Trevor Sheldon Director 2015-06-09 2016-09-16
QUINNELL, David James Director 2022-04-01 2024-02-29
RAPKIN, Hilary Ann Director 2012-05-11 2025-02-13
REYNOLDS, Ronald Lamont Director 2007-12-18 2011-02-15
SIMON RABANAL, Roberto Director 2016-09-16 2022-04-01
STEPHENSON, Myles Christian Director 2008-08-26 2015-06-09
UNDERWOOD, Bruce Selwyn Director 2016-11-09 2019-04-30
CORPORATE APPOINTMENTS LIMITED Corporate Nominee Director 2006-09-07 2006-09-07

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Wright Express International Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 107 total filings

Date Type Category Description
2026-04-24 TM01 officers Termination director company with name termination date PDF
2026-04-24 AP01 officers Appoint person director company with name date PDF
2025-12-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-04 AA accounts Accounts with accounts type full
2025-02-19 AP01 officers Appoint person director company with name date PDF
2025-02-19 TM01 officers Termination director company with name termination date PDF
2025-02-19 TM01 officers Termination director company with name termination date PDF
2024-12-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-11 AA accounts Accounts with accounts type full
2024-03-06 AP01 officers Appoint person director company with name date PDF
2024-03-04 TM01 officers Termination director company with name termination date PDF
2023-12-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-12 AA accounts Accounts with accounts type full
2023-03-14 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-12-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-01 AA accounts Accounts with accounts type full
2022-04-11 AP01 officers Appoint person director company with name date PDF
2022-04-08 AP01 officers Appoint person director company with name date PDF
2022-04-07 TM01 officers Termination director company with name termination date PDF
2021-12-01 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

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

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

Official Companies House page