EDENRED CORPORATE PAYMENT UK LIMITED

• ⚠

  Material uncertainty over going concern

  The company's only client decided not to renew their contract, with activities largely coming to an end in December 2023. The company currently has no realistic alternative but to liquidate or cease trading due to this event. Therefore, the Directors have prepared the financial statements on a basis other than going concern. No material adjustments arose as a result of ceasing to apply the going concern basis.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The company's only client decided not to renew their contract, with activities largely coming to an end in December 2023. The company currently has no realistic alternative but to liquidate or cease trading due to this event. Therefore, the Directors have prepared the financial statements on a basis other than going concern. No material adjustments arose as a result of ceasing to apply the going concern basis.”

Significant events

• “Ahead of the EU Withdrawal ("Brexit") transition period on 31 December 2020, the company reviewed its post-Brexit regulatory obligations to determine any changes to ongoing operations that were required to remain compliant with local laws and regulations in the UK and relevant EU jurisdictions.”
• “The company's only client decided not to renew their contract, with activities largely coming to an end in December 2023. The company currently has no realistic alternative but to liquidate or cease trading due to this event.”
• “During 2024 a number of client bank accounts have been closed including Hungary, the remaining accounts are expected to be closed in 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -99.9%

  £690,423 → £689

• Cash

  -42.9%

  £508,081 → £289,946

• Net assets

  -134.3%

  £23,083 → -£7,913

• Employees

  —

  Not reported

• Operating profit

  -99.7%

  £402,800 → £1,197

• Profit before tax

  -113.1%

  £235,808 → -£30,996

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers