UK Companies House feature
MOORWAND LTD
Cash
£1M
+47.9% vs 2023
Net assets
£2M
+11.7% vs 2023
Employees
10
0% vs 2023
Profit before tax
—
Period ending 2024-10-31
Profile
- Company number
- 08491211
- Status
- Active
- Incorporation
- 2013-04-16
- Last accounts made up
- 2024-10-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
MOORWAND LTD
MOORWAND LTD
MOORWAND LTD
MOORWAND LTD
Accounts
7-year trend · latest 2024-10-31
| Metric | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | £51,207 | £158,435 | |
| Cash | — | — | £14,038,006 | £13,191,132 | £20,590,809 | £728,944 | £1,077,884 | |
| Total assets less current liabilities | — | — | — | — | — | £1,356,481 | £1,515,319 | |
| Net assets | — | — | — | — | — | £1,355,234 | £1,513,669 | |
| Equity | £1,289,918 | £1,750,587 | — | — | £570,571 | £1,355,234 | £1,513,669 | |
| Average employees | — | — | — | — | — | 10 | 10 | |
| Wages | — | — | — | — | — | £852,192 | £1,033,694 |
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
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Subsidiaries
- Moorwand Solutions SRL · 100% held · Moldova
- Moorwand Spain SL · 100% held · Spain
Significant events
- “Following the launch of Digital Banking in December 2019, significant investment both in terms of technology and resource to create a scalable and robust solution that will play an increasingly important role in the group's commercial growth.”
- “During the financial period ending 31 October 2024, Digital Banking transaction fees increased by 77% compared to the previous year, additional PM's went live with the solution and approximately 46% of the Company's sales pipeline was made up of Digital Banking clients.”
- “In 2025, the group is continuing to invest in making BIN Sponsorship an efficient and scalable operation as well as enhancements to its Digital Banking services, both as an extension to BIN Sponsorship services in and as a standalone offering remaining dedicated to being a best in market enabler of state of the art payment solutions our clients seek to launch.”
- “Moorwand is due to launch a programme aimed at refugees affected by the war in Eastern Europe and making it easier for them to open a bank account, receive money, send money and spend money.”
- “Due to the United Kingdom ("UK") leaving the European Union ("EU"), that UK EMI passporting rights in the EU in accordance with the 2nd Payment Services Directive (PSD2) no longer applied from 1 January 2021. Whilst there was a lack of clarity on the terms of Brexit leading up to this date, Moorwand put in place a contingency plan through an Agency arrangement with an EEA based EMI that would allow the group to continue supporting European programmes post Brexit.”
- “The financial troubles at Wirecard AG in 2020 and more specifically the subsequent wind down of its UK subsidiary Wirecard Card Solutions Limited, and FCA regulated EMI, BIN Sponsor and direct competitor of Moorwand, created both risk and opportunity for Moorwand.”
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
6 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRIEDRICH, Kevin Joe | Director | 2022-08-30 | Oct 1980 | British |
| GLADSTONE, Vicki Louise | Director | 2022-12-01 | Dec 1969 | British |
| GUERIANE, Luc | Director | 2020-03-26 | Feb 1981 | British |
| LAWLOR, Brian Joseph | Director | 2020-10-16 | Oct 1977 | British |
| MCKELLAR, Stephen | Director | 2022-04-01 | Apr 1983 | British |
| VLASSIOU, John | Director | 2025-09-11 | Apr 1980 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2013-04-16 | 2014-04-01 |
| ALMAREE, Wael Sulaiman | Director | 2018-04-10 | 2019-04-19 |
| BAZILLE, Alain Pierre Jacques | Director | 2014-04-01 | 2019-05-17 |
| COURTNEIDGE, Robert Edmund | Director | 2018-04-10 | 2020-03-06 |
| GLADSTONE, Vicki Louise | Director | 2020-01-01 | 2022-08-30 |
| GOSLAR, Alan Richard | Director | 2014-04-01 | 2015-04-01 |
| HOY, Simon Hedley | Director | 2016-08-01 | 2019-05-31 |
| MAHONEY, Gareth Anthony Nicholls | Director | 2022-08-30 | 2024-09-17 |
| MWANJE, Aphrodite Kasibina | Director | 2013-04-16 | 2014-04-01 |
| WHEELER, Mark Wayne | Director | 2014-04-01 | 2019-06-10 |
| CORPORATE DIRECTORS LIMITED | Corporate Director | 2013-04-16 | 2014-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Wael Sulaiman Almaree | Individual | Shares 75–100% | 2019-05-03 | Active |
| Mr Robert Edmund Courtneidge | Individual | Significant influence | 2019-05-02 | Ceased 2020-03-06 |
| Mr Robert Edmund Courtneidge | Individual | Significant influence | 2018-11-26 | Ceased 2019-05-02 |
| Mr Alain Pierre, Jacques Bazille | Individual | Shares 75–100% | 2016-05-01 | Ceased 2018-11-26 |
Filing timeline
Last 20 of 87 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-11-14 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-09-11 | AP01 | officers | appoint person director company with name date |
| 2025-07-31 | AA | accounts | accounts with accounts type group |
| 2025-01-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-06 | RESOLUTIONS | resolution | resolution |
| 2024-12-11 | RESOLUTIONS | resolution | resolution |
| 2024-12-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-09 | SH02 | capital | capital alter shares subdivision |
| 2024-09-17 | TM01 | officers | termination director company with name termination date |
| 2024-07-30 | AA | accounts | accounts with accounts type group |
| 2024-07-01 | AD01 | address | change registered office address company with date old address new address |
| 2024-01-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-30 | AA | accounts | accounts with accounts type group |
| 2023-07-28 | AD01 | address | change registered office address company with date old address new address |
| 2022-12-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-07 | AP01 | officers | appoint person director company with name date |
| 2022-10-31 | AA | accounts | accounts with accounts type full |
| 2022-08-30 | AP01 | officers | appoint person director company with name date |
| 2022-08-30 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires EBIT (operating profit / PBT) — not present in the latest extracted accounts.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.