UK Companies House feature
REDPIN HOLDINGS LIMITED
Profile
- Company number
- 06394648
- Status
- Active
- Incorporation
- 2007-10-09
- Last accounts made up
- 2025-06-30
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having reviewed the Group's forecasts, the Directors are satisfied that there is sufficient liquidity and ability to provide support for a period of not less than 12 months from the date of approval these financial statements. The Group holds external funding through a £184m term loan facility repayable in 2029, which requires compliance with a defined net debt to EBITDA ratio. Consideration has therefore been given to covenant compliance at the Group level. The Group's forecasts do not indicate any forecast breach of such covenants in base or plausible downside sensitivity scenarios for the foreseeable future, however there remains uncertainty with respect to the macro environment and therefore trading volumes assumed in the Group's forecasts, in particular, forecasts for EBITDA growth through new markets and initiatives in early 2026. The Group continues to monitor its compliance with covenants on a monthly basis, relative to monthly revenue performance and ongoing sensitivity analysis, to factor in changes to downside risks where forecasts for the Group's growth areas are not achieved. Whilst considered highly unlikely, cumulative annual Group adjusted EBITDA would need to reduce by approximately 32% versus the Group's base case forecast before a breach of net debt to EBITDA covenant occurs. On this basis the Directors have a reasonable expectation that the Company and wider Group have adequate resources to continue in operational existence and Group is able to continue to comply with any covenants for a period of at least 12 months from the date of these financial statements.”
Subsidiaries
- Currencies Direct Limited · 100% held · UK · Foreign exchange & payment services
- Tor Currency Exchange Limited · 100% held · UK · Foreign exchange & payment services
- Redpin India Solutions Private Limited · 100% held · India · Business process outsourcing
- Currencies Direct Financial Markets Limited · 100% held · UK · Dormant
- Currencies Direct Inc · 100% held · USA · Foreign exchange & payment services
- Currencies Direct South Africa Pty Limited · 100% held · South Africa · Foreign exchange & payment services
- Currencies Direct Spain EDE S.L. · 100% held · Spain · Foreign exchange & payment services
- Currencies Direct (Canada) Inc · 100% held · Canada · Foreign exchange & payment services
- Efirst-FX Limited · 100% held · UK · Dormant
- Foreign Exchange Consultants Limited · 100% held · UK · Dormant
- Foreign Currency Consultants Limited · 100% held · UK · Dormant
- Foremost Markets Limited · 100% held · UK · Dormant
- Foremost Property Group Limited · 100% held · UK · Dormant
- Currencies Direct Hong Kong Limited · 100% held · Hong Kong · Foreign exchange & payment services
- Currencies Direct Japan GK · 100% held · Japan · Foreign exchange & payment services
- UK FX Limited · 20% held · UK · Dormant
- TOR FX Limited · 100% held · UK · Dormant
- E4F Forex (PTY) Ltd · 100% held · South Africa · Foreign exchange & payment services
- TorFX (Pty) Limited · 100% held · Australia · Foreign exchange & payment services
Significant events
- “Subsequent to the year end, the Company identified that distributions over a total period of 10 years, totalling £3.9m, in the form of tax losses surrendered for nil consideration, were not supported by sufficient distributable reserves, and therefore constituted unlawful distributions under the Companies Act 2006.”
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
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BREAMS SECRETARIES LIMITED | Corporate Secretary | 2007-10-09 | — | — |
| LOISEAU, Arnaud | Director | 2023-01-31 | Jun 1975 | French |
| STEFANI, Elena | Director | 2025-05-06 | Jun 1973 | English |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEDDELL, Jonathan Matthew | Director | 2016-02-04 | 2023-07-31 |
| COOPER, Neil | Director | 2017-06-10 | 2025-05-06 |
| HATTON, Keith Nigel | Director | 2011-05-19 | 2023-01-31 |
| HERNANDEZ, Ignacio | Director | 2008-09-06 | 2010-08-24 |
| MARKIDES, Leonidas | Director | 2016-02-04 | 2024-02-28 |
| MILES, David James | Director | 2008-09-06 | 2017-06-09 |
| PATEL, Mayank Bachubhai | Director | 2008-04-04 | 2015-12-10 |
| PRIESTLEY, Leslie William | Director | 2008-04-04 | 2013-10-31 |
| REDCLIFFE, Neil Graham Morgan | Director | 2008-04-04 | 2015-12-10 |
| TAYLOR OF WARWICK, John David Beckett, Lord | Director | 2008-04-04 | 2010-07-20 |
| BREAMS CORPORATE SERVICES LIMITED | Corporate Director | 2007-10-09 | 2008-04-04 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-01-21 | AA | accounts | accounts with accounts type group |
| 2025-05-14 | AP01 | officers | appoint person director company with name date |
| 2025-05-14 | TM01 | officers | termination director company with name termination date |
| 2025-04-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-13 | AA | accounts | accounts with accounts type group |
| 2024-04-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-05 | AA | accounts | accounts with accounts type group |
| 2024-03-01 | TM01 | officers | termination director company with name termination date |
| 2023-10-02 | CERTNM | change-of-name | certificate change of name company |
| 2023-08-08 | TM01 | officers | termination director company with name termination date |
| 2023-04-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-02-09 | AP01 | officers | appoint person director company with name date |
| 2023-02-09 | TM01 | officers | termination director company with name termination date |
| 2023-02-08 | AA | accounts | accounts with accounts type group |
| 2022-04-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-02-25 | AA | accounts | accounts with accounts type group |
| 2021-04-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-04-14 | AA | accounts | accounts with accounts type group |
| 2020-04-27 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory