Cash

£4M

+106.9% vs 2019

Net assets

£2M

+56.7% vs 2019

Employees

11

+57.1% vs 2019

Profit before tax

Period ending 2020-12-31

Profile

Company number
09805008
Status
Active
Incorporation
2015-10-02
Last accounts made up
2024-12-31
Account category
GROUP
Primary SIC
64999
Hubs
UK Fintech

Net assets

2-year trend · vs UK Fintech median

£0£2.5m£5m20192020
THE VALESCO GROUP LIMITED

Accounts

2-year trend · latest 2020-12-31

Metric Trend 2019-12-312020-12-31
Turnover
Operating profit
Profit before tax
Net profit
Cash £1,829,248£3,784,857
Total assets less current liabilities £1,568,746£2,458,271
Net assets £1,567,349£2,456,402
Equity £1,567,349£2,456,402
Average employees 711
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
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having given due consideration to future developments and projected revenue forecasts of the group and company, the directors consider that the group and company are going concems and the financial statements are prepared on that basis. This reflects the strong expectation that the group and company have adequate resources to ensure that they will be able to meet their on-going obligations and meet all of their regulatory requirements for at least 12 months from the date of signing the statutory accounts, supported by the group and company's locked in and diversified current and future revenue streams.”

Subsidiaries

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
RIVE ACCOUNTANCY LIMITED Corporate Secretary 2020-04-17
JIWA, Shiraz Director 2015-10-02 Apr 1978 British
MANNING, Edwin Philip Alfred Director 2021-08-02 May 1958 British
SADIQ, Adam Director 2019-12-04 Apr 1984 British
Show 2 resigned officers
Name Role Appointed Resigned
JIWA, Shiraz Secretary 2015-10-02 2020-04-17
SARNA, Naresh Secretary 2020-04-17 2020-04-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Shiraz Jiwa Individual Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 48 total filings

Date Type Category Description
2026-01-05 AA accounts accounts with accounts type group
2025-10-14 CS01 confirmation-statement confirmation statement with updates
2024-12-19 AA accounts accounts with accounts type group
2024-10-15 CS01 confirmation-statement confirmation statement with updates
2024-05-20 AUD auditors auditors resignation company
2024-01-10 AA accounts accounts with accounts type full
2023-10-13 CS01 confirmation-statement confirmation statement with updates
2023-01-10 AA accounts accounts with accounts type full
2022-10-13 CS01 confirmation-statement confirmation statement with no updates
2022-10-13 SH01 capital capital allotment shares
2022-03-18 AD01 address change registered office address company with date old address new address
2021-10-15 CS01 confirmation-statement confirmation statement with updates
2021-09-30 AA accounts accounts with accounts type total exemption full
2021-08-13 AP01 officers appoint person director company with name date
2020-12-23 AA accounts accounts with accounts type total exemption full
2020-11-11 CS01 confirmation-statement confirmation statement with no updates
2020-04-30 CH01 officers change person director company with change date
2020-04-19 AP01 officers appoint person director company with name date
2020-04-19 TM02 officers termination secretary company with name termination date
2020-04-19 AP04 officers appoint corporate secretary 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

Composite activity score · components 0–100 · reference 2026-05-10

34.2

COLD

/ 100

  • Filings velocity 17
  • Capital events 0
  • Officer churn 0
  • Headcount trajectory 100
  • Accounts trajectory 100
  • 2 filing(s) in last 12 months
  • Employees +57% YoY
  • Net Assets +57% YoY

Official Companies House page