UK Companies House feature
MYPOS UTP GROUP LIMITED
Cash
£290K
+103.9% vs 2022
Net assets
£28M
+37.3% vs 2022
Employees
93
-17.7% vs 2022
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- 08488580
- Status
- Active
- Incorporation
- 2013-04-15
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2023-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | — | — | |
| Cash | — | £142,475 | £290,497 | |
| Total assets less current liabilities | — | £20,368,286 | £27,973,961 | |
| Net assets | — | £20,368,286 | £27,971,590 | |
| Equity | £13,999,657 | £20,368,286 | £27,971,590 | |
| Average employees | — | 113 | 93 | |
| Wages | — | — | — |
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
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- myPOS UTP Merchant Services Limited · 100% held · Business Services
- CRC Collections Limited · 100% held · England · Business Services
- myPOS UTP Rentals Limited · 100% held · Business Services
- myPOS UTP Merchant Services (Ireland) Limited · 100% held · Ireland · Business Services
- CRC Collections UK Limited · 100% held · England · Business Services
- Universal Transaction Processing Limited · 100% held · Business Services
Significant events
- “In February 2025 a dividend was declared to the parent of the company UTP (UK) Holdings LLC for the financial year ended 31 December 2024 totalling £609,078.”
- “On 19 March 2025, 100% of the share capital of UTP Group Limited was acquired by myPOS World Ltd, and myPOS World Ltd became the immediate parent with effect from that date.”
- “On 27 March 2025, the company issued 2,476,753 ordinary shares of £0.00000001 each at a premium, for a total consideration of £2,476,753.”
- “On 6 May 2025, UTP Group Limited changed their name to myPOS UTP Group Limited.”
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 · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AULT, Michael John | Director | 2013-04-15 | Feb 1973 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COHEN, Ari J | Director | 2019-06-06 | 2020-06-19 |
| ELIAS, Sara Yael | Director | 2020-06-19 | 2020-07-24 |
| PEPPER, William | Director | 2019-06-06 | 2020-07-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mypos World Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-03-19 | Active |
| Sterling Capital Trust | Corporate entity | Shares 50–75%, Voting 50–75% | 2022-10-19 | Ceased 2025-03-19 |
| Mr Michael John Ault | Individual | Shares 25–50%, Voting 25–50% | 2016-04-30 | Ceased 2025-03-19 |
| Utp (Uk) Holdings Llc | Corporate entity | Shares 25–50% | 2016-04-30 | Ceased 2022-10-19 |
Filing timeline
Last 20 of 68 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-23 | AA | accounts | accounts with accounts type group |
| 2025-05-06 | CERTNM | change-of-name | certificate change of name company |
| 2025-04-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-04-09 | MA | incorporation | memorandum articles |
| 2025-04-09 | RESOLUTIONS | resolution | resolution |
| 2025-04-09 | RESOLUTIONS | resolution | resolution |
| 2025-04-02 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-04-02 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-04-02 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-04-02 | SH01 | capital | capital allotment shares |
| 2024-09-26 | AA | accounts | accounts with accounts type group |
| 2024-07-05 | AD01 | address | change registered office address company with date old address new address |
| 2024-04-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-04-30 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2024-04-30 | CH01 | officers | change person director company with change date |
| 2023-09-26 | AA | accounts | accounts with accounts type total exemption full |
| 2023-05-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-01-18 | AA | accounts | accounts with accounts type total exemption full |
| 2022-10-22 | PSC02 | persons-with-significant-control | notification of a person with significant control |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory