UK Companies House feature
POMELO GROUP LTD
Cash
£2M
+2,160.8% vs 2023
Net assets
£3M
+209.8% vs 2023
Employees
21
0% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 10583935
- Status
- Active
- Incorporation
- 2017-01-25
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | — | — | |
| Cash | £560,317 | — | £83,771 | £1,893,902 | |
| Total assets less current liabilities | £2,736,222 | — | £2,528,571 | £4,281,546 | |
| Net assets | £2,736,222 | — | £971,369 | £3,009,285 | |
| Equity | £2,736,222 | £1,605,398 | £971,369 | £3,009,285 | |
| Average employees | 29 | — | 21 | 21 | |
| 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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Macalvins Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“During the year, the Group made total comprehensive losses of £1,359,061 (2023 £637,870). Despite this, the directors have thoroughly evaluated the Group's capacity to continue as a going concern. This evaluation is based on positive trading results subsequent to the year-end, as well as the Group's robust cash flow and regulatory capital forecasts. Our operational strategies, particularly the reinforcement of key teams, are designed not only to sustain our current operations but to build a platform for consistent growth, taking into consideration potential adverse conditions.”
Subsidiaries
- Pomelo Pay LLC · 100% held · United States of America
- Pomelo Pay Pte Ltd · 100% held · Singapore
- Pomelo Services Ltd · 100% held · United Kingdom
- Pomelo Viet Nam LLC · Vietnam
Significant events
- “The latter half of 2024 marked a return to profitability for the group which has extended into Q1 2025.”
- “Additionally, the entity received £3.9m of external venture capital funding between June and October 2024 providing further strength to the going concern basis.”
- “The company issued 13,710,086 share options to 16 individuals during the year ended 31 December 2024”
- “On 21 October 2024, the Company entered into a Convertible Loan Note Agreement with Kard Tech Pte Ltd, under which the investor subscribed for unsecured convertible loan notes amounting to £1,458,970.69 (equivalent to $1,832,000 USD) at a nominal value of £0.01 per note.”
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 · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALJUMAILY, Anas Ghanim | Director | 2026-02-27 | Apr 1988 | American |
| D'HONDT, Thibault | Director | 2020-04-02 | Sep 1994 | Belgian |
| SAGI, Endre Attila | Director | 2021-10-27 | Jun 1985 | Hungarian |
| SCHREIDER, Eugene | Director | 2022-02-25 | Aug 1985 | British |
| VERRAEST, Simon Maxim J | Director | 2017-01-25 | Jul 1986 | Belgian |
| VICKERS, Stephen James | Director | 2024-06-03 | Dec 1965 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAO, Wenjun | Director | 2018-11-16 | 2020-06-18 |
| CHOI, Vincent Kam Tao | Director | 2017-08-01 | 2024-03-28 |
| CUTHBERT, Neil James | Director | 2017-01-25 | 2020-10-26 |
| DOUKANARIS, Andrew | Director | 2020-11-01 | 2021-09-30 |
| NEO, Liat Beng | Director | 2024-10-21 | 2025-07-18 |
| OUYANG, Gejia | Director | 2020-11-01 | 2021-10-28 |
| SAPRONOV, Fedor | Director | 2020-04-03 | 2022-02-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fomcap Iv Gp Lp | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-12-23 | Active |
| Endre Attila Sagi | Individual | Significant influence | 2022-12-23 | Active |
| Mr Vincent Kam Tao Choi | Individual | Shares 25–50%, Voting 25–50% | 2017-08-01 | Ceased 2022-12-23 |
| Mr Simon Maxim J Verraest | Individual | Shares 25–50%, Voting 25–50% | 2017-01-25 | Ceased 2021-05-31 |
| Mr Neil James Cuthbert | Individual | Shares 25–50%, Voting 25–50% | 2017-01-25 | Ceased 2020-10-26 |
Filing timeline
Last 20 of 131 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-20 | SH03 | capital | capital return purchase own shares treasury capital date |
| 2026-03-16 | SH01 | capital | capital allotment shares |
| 2026-03-02 | SH19 | capital | capital statement capital company with date currency figure |
| 2026-03-02 | SH20 | capital | legacy |
| 2026-03-02 | CAP-SS | insolvency | legacy |
| 2026-02-27 | AP01 | officers | appoint person director company with name date |
| 2026-02-27 | RESOLUTIONS | resolution | resolution |
| 2026-02-23 | RP01SH01 | miscellaneous | legacy |
| 2026-02-04 | SH01 | capital | capital allotment shares |
| 2026-01-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-15 | RESOLUTIONS | resolution | resolution |
| 2025-12-30 | AA | accounts | accounts with accounts type group |
| 2025-07-21 | TM01 | officers | termination director company with name termination date |
| 2025-07-01 | AD01 | address | change registered office address company with date old address new address |
| 2025-04-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-04-05 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-04-05 | CH01 | officers | change person director company with change date |
| 2024-12-18 | SH01 | capital | capital allotment shares |
| 2024-12-10 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-12-10 | PSC02 | persons-with-significant-control | notification of a person with significant control |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
82.5
HOT
/ 100
- Filings velocity 100
- Capital events 100
- Officer churn 50
- Headcount trajectory 50
- Accounts trajectory 100
- 14 filing(s) in last 12 months
- 6 capital event(s) in last 24 months
- 1 appointed, 1 resigned (12mo)
- Employees +0% YoY
- Net Assets +210% YoY