CENTTRIP HOLDINGS LIMITED

Company number

10573558

Status

Active

Incorporation

2017-01-19

Last accounts made up

2024-12-31

Account category

GROUP

Primary SIC

64999

Hubs

UK Fintech

Accounting basis

FRS 102

Reporting scope

Consolidated (group)

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Parent Company breached covenant requirements under its bank loan agreement. As at the date of approval of the financial statements, the bank is contractually entitled to request immediate repayment of the outstanding loan amount of £411,340. The cash flow forecast has been prepared at Group level using estimates and assumptions regarding turnover growth and reduced administrative expenses which, if not achieved, could require the need for additional funding, which has yet to be secured. As stated in note 2.3, these conditions indicate a material uncertainty exists that may cast significant doubt over the Group's and Parent Company's ability to continue as a going concern.”

Subsidiaries

• Centtrip Limited · 100% held · England
• Centtrip Europe BV · 100% held · Netherlands
• Centtrip Inc. · 100% held · United States of America

Significant events

• “The Group recorded a pre-tax loss of £1.34m, marginally higher than the previous year's loss of £1.25m. This increase was primarily driven by the liquidation of a key supply-chain partner, which created short-term operational uncertainty. These challenges have now been resolved, and the supply-chain relationship has been successfully transferred to an alternative provider.”
• “The Dutch sales office with its marine focus continues to be a key driver of both a growth in marine client numbers as well as marine revenues during 2024.”
• “In January 2024, Prepaid Card Services Ireland Limited (PCSIL), Centtrip Limited's card issuer, was put into voluntary liquidation by its parent EML Payments Limited (EML), forcing Centtrip Limited to transfer its issuing services to EML's UK based subsidiary Prepaid Financial Services Limited (PFSL). While this caused short term business disruption, the transfer was successfully completed in July 2024.”
• “In July 2025 a key supply chain partner took the decision to bring certain services in house that had previously been supplied by a third party and this caused operational difficulties for its customers. Centtrip Limited was adversely affected as part of this process and continues to work through the business and operational challenges that this has created and are confident that this will be resolved within the final quarter of 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