UK Companies House feature
TERRA PAYMENT SERVICES (UK) LIMITED
Profile
- Company number
- 06648470
- Status
- Active
- Incorporation
- 2008-07-16
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG Audit LLC
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on a going concern basis, notwithstanding the material uncertainties related to events and conditions described in Note 2.2.”
Subsidiaries
- Terra Pay Information Technology Solutions Co.
- Terra Payment Services South Africa (RI) (Pty) Limited · South Africa
- TerraPay Money Transfer Services (Kenya) Limited · Kenya
- Terra Payment Services (Uganda) Limited · Uganda
- Terra Payment Services (Tanzania) Limited · Tanzania
- Terra Payment Services S.A.R.L. (DRC) · DRC
- Terra Payment Services (Congo B) · Congo B
- Terra Payment Services (Mauritius) · Mauritius
- TerraPay Solutions India Private Limited · India
- Terra Payment Services (Canada) Limited · Canada
- Terra Payment Services (Singapore) Pte. Limited · Singapore
- Terra Payment Services USA LLC · USA
- Terra Payment Services (Denmark) ApS · Denmark
- Terra Payment Services (Malaysia) Sdn Bhd · Malaysia
- Terra Payment Services (Italy) S.R.L. · Italy
- TerraPay Program Management (Mauritius) Ltd. · Mauritius
- Terra Payment Services (Australia) Pty Ltd · Australia
Significant events
- “During the current year, it was determined that the license would not be pursued further. Consequently, the entire amount has been written off to the Profit and Loss account for the year ended 31 December 2024.”
- “The Company is not generating adequate revenue and is incurring significant expenditure to launch new business lines and expanding existing business lines. Continued operations of the Company and further progressing its new business lines and expansion of existing business lines are dependent on the Company's ability to obtain additional financing from its holding entity and ability to generate profitable operations in the future is key to be able to scale up revenues.”
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
4 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABBASI, Mohd Saif | Director | 2025-07-09 | Jul 1985 | Indian |
| BELLARY, Santosh Rajanna | Director | 2024-07-18 | Mar 1980 | Indian |
| BRETT, Louise Clare | Director | 2023-06-01 | May 1963 | British |
| SUNDARAM, Ramakrishnan | Director | 2021-11-19 | Jun 1969 | Indian |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELUMALAI, Saravana Kumar, Mr. | Secretary | 2017-06-20 | 2017-12-31 |
| PRICE, Roxanne Louvain, Ms. | Secretary | 2018-01-22 | 2026-04-13 |
| SHELTON, Clive John | Secretary | 2008-07-16 | 2017-06-20 |
| ABBASI, Mohd Saif | Director | 2023-04-24 | 2024-07-18 |
| BOLDINI, Marco | Director | 2024-07-18 | 2025-07-09 |
| BUSHBY, Wayne Arthur | Director | 2008-07-16 | 2016-10-31 |
| DE VOS, Filip Georges Fernand, Mr. | Director | 2017-12-04 | 2018-01-23 |
| ELUMALAI, Saravana Kumar | Director | 2016-08-05 | 2017-12-31 |
| FELLOWES, Oliver | Director | 2024-07-18 | 2024-07-18 |
| FELLOWES, Oliver James | Director | 2024-07-18 | 2026-04-17 |
| HUSSAIN, Akbar | Director | 2019-10-01 | 2024-07-18 |
| LYSYUK, Viktor | Director | 2024-07-22 | 2025-07-09 |
| MUTHUSAMY, Veerabahu | Director | 2018-06-18 | 2021-11-19 |
| NEWBIGGIN-WATTS, Mark Denis | Director | 2008-07-16 | 2009-07-03 |
| PAL, Balram Bepinchandra | Director | 2016-08-05 | 2017-06-20 |
| PRICE, Roxanne Louvain, Ms. | Director | 2018-01-22 | 2024-07-18 |
| SHELTON, Clive John | Director | 2008-07-16 | 2017-06-20 |
| TRIVANDRUM, Narayanan Subramonia Iyer | Director | 2016-08-05 | 2016-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Terrapay Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-24 | Ceased 2022-06-24 |
| Terrapay Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-24 | Active |
| Mr Nicholas James England | Individual | Shares 25–50% | 2016-07-16 | Ceased 2016-08-05 |
| Mr Wayne Arthur Bushby | Individual | Shares 25–50% | 2016-07-16 | Ceased 2016-08-05 |
| Terrapay Holdings Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm, right-to-appoint-and-remove-directors-as-firm | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 137 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-17 | TM01 | officers | termination director company with name termination date |
| 2026-04-17 | TM02 | officers | termination secretary company with name termination date |
| 2026-03-06 | AA | accounts | accounts with accounts type full |
| 2026-02-25 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-12-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-02 | CH01 | officers | change person director company with change date |
| 2025-11-25 | CH01 | officers | change person director company with change date |
| 2025-11-25 | CH01 | officers | change person director company with change date |
| 2025-11-25 | CH01 | officers | change person director company with change date |
| 2025-07-15 | AP01 | officers | appoint person director company with name date |
| 2025-07-15 | TM01 | officers | termination director company with name termination date |
| 2025-07-15 | TM01 | officers | termination director company with name termination date |
| 2025-03-05 | CH01 | officers | change person director company with change date |
| 2025-01-02 | RESOLUTIONS | resolution | resolution |
| 2024-12-23 | SH01 | capital | capital allotment shares |
| 2024-12-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-01 | AP01 | officers | appoint person director company with name date |
| 2024-08-01 | TM01 | officers | termination director company with name termination date |
| 2024-07-30 | AA | accounts | accounts with accounts type full |
| 2024-07-26 | CH01 | officers | change person director company with change date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.