OPTAL FINANCIAL LIMITED

1. OPTAL FINANCIAL LIMITED 2014-07-11 → present
2. ACCOMPLISH FINANCIAL LIMITED 2013-01-17 → 2014-07-11

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Stewart Cumberbatch For and on behalf of Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has seen a stabilisation in travel spend during the year ended 31 December 2024. The Company is generating sufficient profit and free cash flow to maintain its operations and expects this to continue for the foreseeable future as travel volume increases. Separately, WEX Inc., has provided a letter of support to WEX Australia Newco 2020 Pty Ltd (the controlling parent of Optal Limited - the immediate parent) to confirm that WEX Inc. will continue to provide financial support to WEX Australia Newco 2020 Pty Ltd and its subsidiaries (so long as the subsidiaries remain a part of the WEX Inc. group of entities) as and when necessary for at least the 12 month period from the date of signing these financial statements. Given the positive cash flows generated from operations and provision of support when and if required by WEX Inc., the Directors believe that the Company has access to adequate financial resources to continue in operational existence for at least 12 months from the date of signing these financial statements and to maintain its operations as a going concern.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -2.1%

  £71,691,391 → £70,207,992

• Cash

  -14.7%

  £10,090,818 → £8,611,498

• Net assets

  +4%

  £7,514,244 → £7,816,278

• Employees

  0%

  5 → 5

• Operating profit

  +18.3%

  £1,146,202 → £1,355,695

• Profit before tax

  -2%

  £405,305 → £397,031

• Wages

  -14.7%

  £798,532 → £681,409

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers