UK Companies House feature
FIAT REPUBLIC FINANCIAL SERVICES LTD
Cash
£30K
-3.5% vs 2020
Net assets
-£1M
-6.7% vs 2020
Employees
0
-100% vs 2020
Profit before tax
-£225K
+92.2% vs 2020
Profile
- Company number
- 08649018
- Status
- Active
- Incorporation
- 2013-08-13
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2021-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £32,183 | £3,717 | |
| Operating profit | — | — | -£2,849,394 | -£165,750 | |
| Profit before tax | — | — | -£2,893,881 | -£224,878 | |
| Net profit | — | — | -£2,641,223 | -£80,510 | |
| Cash | — | — | £31,472 | £30,372 | |
| Total assets less current liabilities | — | — | -£1,190,411 | -£1,276,863 | |
| Net assets | — | — | -£1,196,353 | -£1,276,863 | |
| Equity | £2,264,389 | £192,791 | -£1,196,353 | -£1,276,863 | |
| Average employees | — | — | 12 | 0 | |
| Wages | — | — | £708,078 | — |
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
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Therefore the current and future reliance on venture capital funding represents a material uncertainty over the going concern assumption.”
Significant events
- “Fiat Republic Financial Services Ltd is strategically focused on expanding its service offerings and deepening its market penetration within its licensed territories. A key area of development includes the planned integration of additional payment methods to enhance user convenience and accessibility. The US expansion strategy is being executed through several parallel licensing applications to establish a compliant operating presence.”
- “Management has initiated an active fundraising plan to address this requirement. During July and August 2025, the Group successfully secured interim financing of $1,110,000 from a combination of new and existing investors to support its short-term operational needs. The Group is currently executing a major capital raise of tens of millions (USD) with existing and potential investors, which is critical to fund its growth trajectory and ensure its ability to continue as a going concern. The directors anticipate that this will be secured by the end of January 2026. The Group is also EBITDA positive from October 2025.”
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
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE LORENZO, Antonio | Secretary | 2025-03-27 | — | — |
| BIAŁY, Adam | Director | 2022-05-23 | Sep 1984 | Polish |
| STEINER, Paula | Director | 2022-12-19 | Dec 1989 | Brazilian |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCKENZIE, Dave | Secretary | 2022-10-10 | 2025-03-27 |
| SUTTON, Prakashan | Secretary | 2022-05-23 | 2022-10-10 |
| ALLEN, Howard Charles | Director | 2015-06-26 | 2017-01-31 |
| BREUER, Volker | Director | 2013-08-13 | 2016-06-24 |
| HARRIS, Emily Ann | Director | 2022-05-23 | 2022-12-19 |
| TSYUPKO, Anna | Director | 2016-06-24 | 2022-05-23 |
| WESSELS, Christopher | Director | 2016-07-04 | 2020-07-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fiat Republic Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-05-23 | Active |
| Dolfinancials Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-05-23 |
Filing timeline
Last 20 of 83 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-02 | AA | accounts | accounts with accounts type full |
| 2025-09-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-06-27 | AA | accounts | accounts with accounts type full |
| 2025-03-28 | SH01 | capital | capital allotment shares |
| 2025-03-28 | SH01 | capital | capital allotment shares |
| 2025-03-27 | AP03 | officers | appoint person secretary company with name date |
| 2025-03-27 | TM02 | officers | termination secretary company with name termination date |
| 2025-03-22 | DISS40 | gazette | gazette filings brought up to date |
| 2025-03-20 | AA | accounts | accounts with accounts type full |
| 2025-03-11 | GAZ1 | gazette | gazette notice compulsory |
| 2024-08-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-30 | DISS40 | gazette | gazette filings brought up to date |
| 2024-03-12 | GAZ1 | gazette | gazette notice compulsory |
| 2023-08-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-01-19 | AA01 | accounts | change account reference date company previous extended |
| 2022-12-19 | AD01 | address | change registered office address company with date old address new address |
| 2022-12-19 | AP01 | officers | appoint person director company with name date |
| 2022-12-19 | AD01 | address | change registered office address company with date old address new address |
| 2022-12-19 | TM01 | officers | termination director company with name termination date |
| 2022-10-10 | AP03 | officers | appoint person secretary company with name date |
Credit score
Altman Z″ (private-firm) · reference 2021-12-31
-25.69
DISTRESS
Altman Z″
- Working capital / Total assets -3.405 × 6.56 = -22.33
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.382 × 6.72 = -2.57
- Book equity / Total liabilities -0.746 × 1.05 = -0.78
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory