UK Companies House feature
WORLDREMIT LTD.
Profile
- Company number
- 07110878
- Status
- Active
- Incorporation
- 2009-12-22
- 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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the assessment outlined above, the Directors confirm that the Group has sufficient liquidity to support its status as a going concern for the current reporting period, despite inherent risks. Supported by the Company's strong net asset and cash positions, along with ongoing backing from its ultimate parent undertaking, the Directors consider it appropriate to prepare these financial statements on a going concern basis.”
Subsidiaries
- WorldRemit Pty Ltd. · 100% held · Australia · Money transfer
- WorldRemit Service Company Limited. · 100% held · United Kingdom · Business Services
- WorldRemit Inc · 100% held · Canada · Money transfer
- WorldRemit (Hong Kong) Ltd. · 100% held · Hong Kong · Money transfer
- WorldRemit (New Zealand) Ltd. · 100% held · New Zealand · Money transfer
- WorldRemit (Singapore) Pte Ltd. · 100% held · Singapore · Money transfer
- WorldRemit (Malaysia) SDN BHD. · 100% held · Malaysia · Money transfer
- WorldRemit South Africa Pty Ltd. · 100% held · South Africa · Money transfer
- WorldRemit (Somaliland) Ltd. · 100% held · Somaliland · Money transfer
- WorldRemit Money Transfer (Uganda) Ltd. · 100% held · Uganda · Money transfer
- WorldRemit (Rwanda) Ltd. · 100% held · Rwanda · Money transfer
- WorldRemit Money Transfer (Kenya) Ltd. · 100% held · Kenya · Money transfer
- WorldRemit (Zimbabwe) (Private) Ltd. · 100% held · Zimbabwe · Money transfer
- WorldRemit (Tanzania) Ltd. · 100% held · Tanzania · Money transfer
- WorldRemit Belgium S.A. · 100% held · Belgium · Money transfer
- WorldRemit West Inc · 100% held · Canada · Money transfer
- WorldRemit Central Inc · 100% held · Canada · Money transfer
- WorldRemit Digital Services Corp. · 100% held · Philippines · Money transfer
Significant events
- “During 2024 revenue decreased from £220.4m to £219.6m. The Company made a profit of £57.0m in the year ended 31 December 2024 (2023: restated (£14.9m) loss), as a direct result of headcount reduction, foreign exchange gains, continued reduction in marketing costs and a new group-wide strategy focused on cost reduction, sustainable growth, profitability, and long-term financial stability.”
- “Implementation of an improved app chat service offering a swifter response time to customer queries. Changed transaction capture processes for WorldRemit resulting in fewer customer refunds being required. Ran 'Ask me Anything' sessions on a range of subjects with senior leaders to help engage employees. Offered engaging activities around celebrations for International Women's Day, Mental Health Week and Pride in addition to various cultural festivals. Engaged senior leadership team with global connect events to align strategy for the Group.”
- “Sendwave launched payout in Mexico, Jamaica, Pakistan and the Dominican Republic to further grow the brand across communities. From 1 January 2024, all network partner agreements were novated to the Company to fully align commercial relationships across the Group.”
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 · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ROBINSON, Victoria | Secretary | 2024-04-03 | — | — |
| DINTER, Justine | Director | 2024-10-25 | Apr 1972 | British |
| DOYLE, Philip Charles | Director | 2022-02-28 | Apr 1980 | British |
| MORRIS, Jonathan Barrie | Director | 2024-06-30 | Oct 1975 | British |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NANTON, Eppie | Secretary | 2023-09-08 | 2024-03-11 |
| OSMAN, Sami | Secretary | 2021-06-28 | 2022-07-15 |
| TIGHE, Amber Grace | Secretary | 2020-04-24 | 2021-05-05 |
| WHEATLEY, David John | Secretary | 2022-07-15 | 2023-09-08 |
| WINES, Catherine Pierrette Francoise | Secretary | 2010-08-20 | 2017-07-27 |
| OHS SECRETARIES LIMITED | Corporate Secretary | 2017-07-27 | 2020-01-03 |
| ADDIS, Jonathan William | Director | 2012-02-01 | 2020-09-01 |
| AHMED, Ismail Ibrahim | Director | 2009-12-22 | 2020-09-01 |
| AHMED, Ismail | Director | 2009-12-22 | 2009-12-22 |
| BALL, Michael David | Director | 2021-09-06 | 2022-02-28 |
| CORCORAN, Breon Thomas | Director | 2022-02-28 | 2023-03-31 |
| CORCORAN, Breon Thomas | Director | 2018-11-20 | 2020-09-01 |
| DORAN, John Andrew | Director | 2018-07-05 | 2020-09-01 |
| HEYVAERT, Thibaut Pierre Baudouin Marie Ghislain | Director | 2023-06-08 | 2024-06-30 |
| IGOE, Richard Scott | Director | 2011-01-14 | 2014-02-20 |
| KRISHNAN, Sophie | Director | 2020-09-01 | 2021-03-31 |
| LANGDON, Stewart Michael | Director | 2019-02-06 | 2020-09-01 |
| LOCKE, John Kenneth | Director | 2019-07-22 | 2020-09-01 |
| MECSER, Andras Viktor | Director | 2020-09-01 | 2021-03-31 |
| MITCHELL, Robert Andrew | Director | 2023-03-31 | 2024-03-08 |
| MULLINS, John Walker | Director | 2013-05-16 | 2013-10-31 |
| NELIS, Hendrik Willem | Director | 2014-02-20 | 2020-09-01 |
| POPE, Darren Scott | Director | 2018-06-01 | 2018-07-23 |
| ROSENBERG, John Claster | Director | 2015-03-03 | 2018-07-05 |
| VALLIS, John Henry | Director | 2020-10-06 | 2022-02-28 |
| WINES, Catherine Pierrette Francoise | Director | 2011-11-01 | 2020-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Worldremit Holding Limited | Corporate entity | Shares 75–100% | 2020-06-02 | Active |
Filing timeline
Last 20 of 230 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-04-29 | RP01AP01 | officers | replacement filing of director appointment with name |
| 2025-12-18 | AA | accounts | accounts with accounts type full |
| 2025-12-02 | AD01 | address | change registered office address company with date old address new address |
| 2025-10-07 | RP01SH01 | miscellaneous | legacy |
| 2025-04-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-11 | AA | accounts | accounts with accounts type full |
| 2025-01-02 | RESOLUTIONS | resolution | resolution |
| 2024-12-24 | SH01 | capital | capital allotment shares |
| 2024-12-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-03 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-11-27 | MR01 | mortgage | mortgage create with deed with charge number charge creation 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.