UK Companies House feature
UNIVERSAL PARTNERS FX LTD
Cash
£11M
+16.5% vs 2023
Net assets
£8M
+24.2% vs 2023
Employees
73
+21.7% vs 2023
Profit before tax
£3M
-17.5% vs 2023
Profile
- Company number
- 10674030
- Status
- Active
- Incorporation
- 2017-03-16
- Last accounts made up
- 2024-09-30
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
5-year trend · vs UK Fintech median
Accounts
5-year trend · latest 2024-09-30
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|
| Turnover | — | £514,684,835 | £709,680,749 | — | — | |
| Operating profit | — | £1,132,117 | £1,165,513 | — | — | |
| Profit before tax | — | £1,133,250 | £1,165,676 | £3,725,445 | £3,072,356 | |
| Net profit | — | £914,946 | £933,307 | £2,904,298 | £2,222,832 | |
| Cash | — | £1,630,653 | £2,258,291 | £9,398,070 | £10,950,292 | |
| Total assets less current liabilities | — | £1,580,578 | £2,034,983 | £6,635,467 | £8,100,217 | |
| Net assets | — | — | — | £6,396,040 | £7,946,872 | |
| Equity | £1,152,176 | £1,580,578 | £2,034,983 | £6,396,040 | £7,946,872 | |
| Average employees | — | 21 | 28 | 60 | 73 | |
| Wages | — | — | — | £3,842,843 | £4,833,241 |
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
- King & King
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “Significant groundwork has been laid to support expansion into new jurisdictions, alongside progress toward broader permissions in our existing markets.”
- “The business achieved revenue of £12.2 million up from £11.4 million in FY23, a 7% increase. FX turnover rose to £1.63 billion, up from £1.49 billion, representing a 9% uplift.”
- “Achieved a substantial 51% increase in new client acquisition, closing 371 new accounts compared to 246 in FY23 driven by our focus on relationship-led sales, sector diversification, and an evolving product offering that resonates across geographies and industries.”
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 · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARSON, Oliver William | Director | 2018-02-12 | Feb 1994 | British |
| PATEL, Dhaval Ashok | Director | 2018-02-12 | Sep 1990 | British |
| SWAFFIELD, Andrew John | Director | 2025-03-01 | Sep 1967 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLLIER, Cynthia | Director | 2017-03-16 | 2018-02-12 |
| SINGH, Manmeet | Director | 2025-04-01 | 2026-02-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Universal Partners Group Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-08 | Active |
| Mr Oliver William Carson | Individual | Shares 25–50%, Voting 25–50% | 2017-03-16 | Ceased 2023-06-08 |
| Mr Dhaval Patel | Individual | Shares 25–50%, Voting 25–50% | 2017-03-16 | Ceased 2023-06-08 |
Filing timeline
Last 20 of 38 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-26 | AD01 | address | change registered office address company with date old address new address |
| 2026-03-16 | TM01 | officers | termination director company with name termination date |
| 2025-06-30 | AA | accounts | accounts with accounts type full |
| 2025-06-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-22 | AP01 | officers | appoint person director company with name date |
| 2025-04-22 | AP01 | officers | appoint person director company with name date |
| 2024-08-27 | AA | accounts | accounts with accounts type medium |
| 2024-06-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-04 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-01-04 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-01-04 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-06-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-06-08 | AA | accounts | accounts with accounts type small |
| 2023-05-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-05-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-03-31 | AA | accounts | accounts with accounts type full |
| 2021-05-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-05-06 | AA | accounts | accounts with accounts type small |
| 2021-05-04 | CH01 | officers | change person director company with change date |
| 2021-05-04 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-09-30
0.47
DISTRESS
Altman Z″
- Working capital / Total assets 0.046 × 6.56 = +0.30
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.017 × 6.72 = +0.12
- Book equity / Total liabilities 0.052 × 1.05 = +0.06
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