UK Companies House feature
WIREX LIMITED
Cash
£360K
-82.1% vs 2023
Net assets
—
Equity attributable
Employees
20
+66.7% vs 2023
Profit before tax
-£6M
-181.2% vs 2023
Profile
- Company number
- 09334596
- Status
- Active
- Incorporation
- 2014-12-01
- Last accounts made up
- 2024-06-30
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Profit before tax
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2024-06-30
| Metric | Trend | 2022-06-30 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | £7,709,685 | -£6,261,288 | |
| Net profit | — | — | — | |
| Cash | — | £2,012,148 | £360,210 | |
| Total assets less current liabilities | — | — | — | |
| Net assets | — | — | — | |
| Equity | £1,815,705 | £35,107,897 | £30,214,913 | |
| Average employees | — | 12 | 20 | |
| Wages | — | £1,318,198 | £1,645,921 |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- MMBA London Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Group has identified a material uncertainty in relation to going concern, arising from the potential for extreme levels of customer fund withdrawals that could lead to a shortfall in available liquid assets. These factors may, in turn, impact the Group's ability to continue providing financial support to the company.”
Significant events
- “The Company's principal activity is facilitating the exchange of fiat and as a Principal Member of Visa and Mastercard and a FCA licenced electronic money institute, it is authorised to issue cards and provide authorised card services.”
- “Wirex Limited works with independent contractors previously based in Kyiv. Business continuity plans were invoked following the Russian invasion of Ukraine resulting in widespread staff relocation that allowed the work performed by the contractors to continue.”
- “The Company expects continued card distribution and monetisation of its intellectual property through the expansion of its enterprise business over the upcoming year.”
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 · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OHS SECRETARIES LIMITED | Corporate Secretary | 2020-10-14 | — | — |
| LAZARICHEV, Dmitry | Director | 2014-12-01 | Apr 1977 | British |
| MATVEEV, Pavel | Director | 2015-06-21 | Feb 1985 | British |
| SHAH, Chetan | Director | 2023-10-07 | May 1967 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARRASCO VIME, Diana | Director | 2021-11-15 | 2023-11-23 |
| SAITO, Ryo | Director | 2017-03-09 | 2019-06-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wirex Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-04-15 | Active |
| Mr Dmitry Lazarichev | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2020-05-19 |
| Mr Pavel Matveev | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-05-19 |
Filing timeline
Last 20 of 80 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-06-30 | AA | accounts | accounts with accounts type full |
| 2025-06-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-05-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-05-20 | AA | accounts | accounts with accounts type full |
| 2024-04-18 | AA | accounts | accounts with accounts type full |
| 2023-11-29 | TM01 | officers | termination director company with name termination date |
| 2023-11-07 | AP01 | officers | appoint person director company with name date |
| 2023-05-31 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-03-07 | RESOLUTIONS | resolution | resolution |
| 2023-03-03 | RESOLUTIONS | resolution | resolution |
| 2023-03-01 | SH01 | capital | capital allotment shares |
| 2023-02-06 | SH01 | capital | capital allotment shares |
| 2023-01-30 | RESOLUTIONS | resolution | resolution |
| 2022-07-18 | AA | accounts | accounts with accounts type full |
| 2022-06-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-05-27 | SH01 | capital | capital allotment shares |
| 2022-05-27 | RESOLUTIONS | resolution | resolution |
| 2022-05-27 | RESOLUTIONS | resolution | resolution |
| 2022-05-25 | SH10 | capital | capital variation of rights attached to shares |
| 2022-05-25 | SH08 | capital | capital name of class of shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory