UK Companies House feature
TSYS MANAGED SERVICES EMEA LIMITED
Cash
£5M
-20.8% vs 2023
Net assets
£12M
-15.3% vs 2023
Employees
1,470
+4.4% vs 2023
Profit before tax
£4M
+551.9% vs 2023
Profile
- Company number
- 05947723
- Status
- Active
- Incorporation
- 2006-09-26
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £54,500,000 | £60,393,000 | |
| Operating profit | — | -£1,352,000 | £3,332,000 | |
| Profit before tax | — | -£779,000 | £3,520,000 | |
| Net profit | — | -£593,000 | £2,550,000 | |
| Cash | — | £6,099,000 | £4,830,000 | |
| Total assets less current liabilities | — | £14,367,000 | £12,163,000 | |
| Net assets | — | £14,367,000 | £12,163,000 | |
| Equity | £19,733,000 | £14,367,000 | £12,163,000 | |
| Average employees | — | 1,408 | 1,470 | |
| Wages | — | £36,475,000 | £39,674,000 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Sumer Auditco NI Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. Having reviewed the financial projections of the group of Companies, the Directors consider it can continue to trade and has sufficient cash resources to meet its financial obligations for a period of at least 12 months from the date of approval of these financial statements.”
Subsidiaries
- TSYS Managed Services Netherlands BV · 100% held · Netherlands
- TSYS Managed Services BV · 100% held · Netherlands
Significant events
- “On 17 April 2025 an announcement was made that Global Payments would divest its Issuer Solutions business to FIS, this transaction is due to close during the first half of 2026.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHEW, David Leonard | Director | 2006-09-26 | Aug 1963 | English |
| KRUSE, Rene, Mr. | Director | 2019-06-24 | Jun 1967 | German |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CITCO MANAGEMENT (UK) LIMITED | Corporate Secretary | 2011-10-12 | 2026-03-25 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2006-11-07 | 2011-07-28 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2006-09-26 | 2006-09-26 |
| BRIGGS, Andrew Scott | Director | 2006-11-16 | 2014-06-19 |
| CLEARY, Mark Joseph | Director | 2015-07-31 | 2018-01-05 |
| DODD, Kelvin, Mr. | Director | 2018-04-11 | 2026-01-09 |
| EVANS, Robert Edward | Director | 2011-10-12 | 2013-05-11 |
| FIGGAT, David | Director | 2006-09-26 | 2016-01-13 |
| FOSTER, Adam Charles | Director | 2006-11-16 | 2016-02-29 |
| GARTON, Adrian Scott | Director | 2011-10-12 | 2015-07-31 |
| JONES, Dennis | Director | 2014-09-23 | 2019-06-24 |
| JOWERS, Gaylon Murrell | Director | 2009-01-26 | 2011-09-16 |
| KNUTSON, Kelley Craig | Director | 2006-11-21 | 2019-06-24 |
| PATEL, Jayaprakash | Director | 2009-01-26 | 2016-02-29 |
| PRUETT, William | Director | 2006-11-21 | 2009-01-26 |
| REDFORD, Nigel Stanley | Director | 2006-11-16 | 2009-01-26 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2006-09-26 | 2006-09-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tsys International Management Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 98 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-06 | TM02 | officers | termination secretary company with name termination date |
| 2026-01-29 | AD01 | address | change registered office address company with date old address new address |
| 2026-01-20 | RESOLUTIONS | resolution | resolution |
| 2026-01-20 | MA | incorporation | memorandum articles |
| 2026-01-12 | TM01 | officers | termination director company with name termination date |
| 2025-09-29 | AA | accounts | accounts with accounts type full |
| 2025-09-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-10 | AA | accounts | accounts with accounts type full |
| 2024-10-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-23 | AA | accounts | accounts with accounts type full |
| 2022-12-07 | AA | accounts | accounts with accounts type full |
| 2022-09-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-12-17 | AA | accounts | accounts with accounts type full |
| 2021-09-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-09-22 | AA | accounts | accounts with accounts type full |
| 2020-09-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-10-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-09-27 | AA | accounts | accounts with accounts type full |
| 2019-07-03 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
5.63
SAFE
Altman Z″
- Working capital / Total assets 0.392 × 6.56 = +2.57
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.176 × 6.72 = +1.18
- Book equity / Total liabilities 1.791 × 1.05 = +1.88
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory