UK Companies House feature
TRIBE PAYMENTS LTD
Cash
£297K
-29.1% vs 2023
Net assets
-£10M
-58.8% vs 2023
Employees
16
+6.7% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 05959188
- Status
- Active
- Incorporation
- 2006-10-06
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-10-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | — | -£1,797,439 | — | -£3,926,750 | -£4,586,506 | -£5,254,409 | |
| Cash | £0 | £216,973 | £130,727 | £370,589 | £254,586 | £418,774 | £296,973 | |
| Total assets less current liabilities | — | — | — | — | — | £15,450,471 | £17,055,730 | |
| Net assets | — | — | -£3,038,533 | — | -£5,460,178 | -£6,523,012 | -£10,359,114 | |
| Equity | — | — | — | -£4,273,084 | — | -£6,284,652 | -£10,016,541 | |
| Average employees | — | — | 9 | — | 12 | 15 | 16 | |
| Wages | — | — | £1,033,526 | — | — | — | — |
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
- Consolidated (group)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 1.2 in the financial statements, which indicates that the group continues to prepare accounts on a going concern basis despite a loss being incurred, and the net liability position. As stated in note 1.2, these events or conditions, along with other matters as set forth in note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”
Subsidiaries
- Tribe Payments UAB · 100% held · Lithuania
- Tribe Payments SRL · 100% held · Moldova
- Tribe Payments PTE · 100% held · Singapore
Significant events
- “Tribe finished 2024 on a high note, crowned Payment Technology Provider of the Year (SME) at the prestigious 2024 Payments Awards, Best PayTech Digital Solution Provider at the Banking Tech Awards, and featured on numerous 'best of lists and rankings-from both a company-wide and Tribe team perspective.”
- “The company expanded geographically in 2024, Singapore, alongside its existing offices in UK, Lithuania and Moldova, with an expectation to open a further location in 2025.”
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
1 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOCKING, Andrew Mark | Director | 2024-06-27 | Apr 1976 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAZILLE, Louise | Secretary | 2006-10-06 | 2010-11-12 |
| SOLTVEIT, Morten, Mr. | Secretary | 2010-11-08 | 2012-05-14 |
| CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2006-10-06 | 2006-10-06 |
| ALMAREE, Wael Sulaiman | Director | 2023-05-01 | 2024-06-27 |
| BAZILLE, Alain Pierre Jacques | Director | 2012-05-14 | 2015-04-01 |
| BAZILLE, Alain Pierre Jacques | Director | 2006-10-06 | 2010-11-12 |
| GASNAS, Inga | Director | 2021-09-07 | 2022-08-15 |
| IVERSEN, Jorgen Norman | Director | 2018-10-26 | 2019-02-10 |
| IVERSEN, Jorgen Norman | Director | 2012-05-14 | 2018-10-08 |
| IVERSEN, Jorgen | Director | 2006-10-06 | 2010-11-12 |
| KAIRYTE, Ruta | Director | 2020-02-24 | 2023-07-05 |
| METHMANN CHRISTENSEN, Claus, Mr. | Director | 2010-11-08 | 2011-05-31 |
| REDDISH, Alexander James | Director | 2021-01-04 | 2023-04-30 |
| SAND, Thomas | Director | 2006-10-06 | 2008-04-22 |
| SUNESEN SOLTVIT, Soeren, Mr. | Director | 2010-11-08 | 2012-05-14 |
| VAGHJIANI, Suresh | Director | 2018-10-08 | 2020-02-24 |
| CORPORATE DIRECTORS LIMITED | Corporate Director | 2006-10-06 | 2006-10-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Woc Group International - Fzco | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-09-16 | Ceased 2024-09-16 |
| Mr Wael Sulaiman Almaree | Individual | Shares 75–100%, Voting 75–100% | 2024-09-16 | Active |
| Mr Wael Sulaiman Almaree | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-10-01 | Ceased 2024-09-16 |
| Fwd Distribution Network Ltd | Corporate entity | Shares 75–100% | 2018-12-04 | Ceased 2022-10-01 |
| Mr Vaghjiani Suresh | Individual | Significant influence, significant-influence-or-control-as-trust, significant-influence-or-control-as-firm | 2018-10-08 | Ceased 2018-12-04 |
| Wn International Group Limited | Corporate entity | Shares 75–100% | 2016-12-01 | Ceased 2018-10-08 |
| Mr Joergen Norman Iversen | Individual | Shares 75–100% | 2016-10-01 | Ceased 2016-12-01 |
Filing timeline
Last 20 of 134 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-05 | SH01 | capital | capital allotment shares |
| 2026-02-23 | AD01 | address | change registered office address company with date old address new address |
| 2025-11-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-19 | AA | accounts | accounts with accounts type group |
| 2025-07-31 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-18 | RESOLUTIONS | resolution | resolution |
| 2024-12-18 | MA | incorporation | memorandum articles |
| 2024-12-13 | SH01 | capital | capital allotment shares |
| 2024-10-16 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-10-16 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-09-19 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-19 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-09-19 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-09-09 | AA | accounts | accounts with accounts type group |
| 2024-06-27 | TM01 | officers | termination director company with name termination date |
| 2024-06-27 | AP01 | officers | appoint person director company with name date |
| 2023-11-20 | RESOLUTIONS | resolution | resolution |
| 2023-10-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-07-05 | TM01 | officers | termination director company with name termination date |
| 2023-06-12 | AA | accounts | accounts with accounts type group |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory