VERTOFX LTD
Get an alert when VERTOFX LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-02 (in 9mo)
Last made up 2026-01-19
Watchouts
None on the register
Cash
£173K
-81.1% lowest in 5 filed years
Net assets
£2M
+197.2% highest in 5 filed years
Employees
47
+27% highest in 5 filed years
Profit before tax
—
Period ending 2023-09-30
Net assets
5-year trend · vs Technology median
Accounts
5-year trend · latest reflected 2023-09-30
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-09-30.
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | — | — | — | — | |
| Cash | £890,702 | £408,714 | £876,227 | £918,178 | £173,457 | |
| Total assets less current liabilities | £1,078,844 | £700,716 | — | -£2,155,293 | £2,347,935 | |
| Net assets | -£340,575 | £602,359 | -£4,653 | -£2,416,741 | £2,347,935 | |
| Equity | -£340,575 | £602,359 | -£4,653 | — | — | |
| Average employees | 10 | 8 | 18 | 37 | 47 | |
| Wages | — | — | — | — | — |
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
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed the company's ability to continue as a going concern and believe that the company has adequate resources to meet its financial obligations for the foreseeable future, based on current trading conditions and ongoing financing arrangements. To their knowledge, there are no material event that could cast significant doubt on the company's ability to continue as a going concern.”
Group structure
- VERTOFX LTD · parent
- Locusnine Innovations Pvt. Ltd. 100%
- Verto Malta Holdings 100%
- Verto Malta 100%
- Verto Tanzania Limited 98%
Significant events
- “During the reporting period, the company experienced significant growth, underpinned by ongoing investment in technology, banking infrastructure, and geographical expansion (including the set up of new subsidiaries and branches during the year).”
- “During FY24, Verto launched several new products, including Atlas, Card, Pay-By-Link, and Marketplace, to expand its payment capabilities for both existing and new customers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ODUWOLE, Olalekan | Director | 2017-09-20 | Jan 1987 | British |
| OYETAYO, Olakunle | Director | 2017-09-20 | Oct 1981 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Olalekan Oduwole | Individual | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-firm, Voting 25–50%, voting-rights-25-to-50-percent-as-firm, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2019-09-30 | Ceased 2019-09-30 |
| Mr Olakunle Oyetayo | Individual | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-firm, Voting 25–50%, voting-rights-25-to-50-percent-as-firm, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2019-09-30 | Ceased 2019-09-30 |
| Mr Olalekan Oduwole | Individual | Shares 25–50%, Appoints directors | 2017-09-20 | Ceased 2018-12-28 |
| Mr Olakunle Oyetayo | Individual | Shares 25–50%, Appoints directors | 2017-09-20 | Ceased 2018-12-28 |
Filing timeline
Last 20 of 45 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-29 | CH01 | officers | Change person director company with change date | |
| 2026-01-29 | CH01 | officers | Change person director company with change date | |
| 2026-01-29 | CH01 | officers | Change person director company with change date | |
| 2025-09-02 | AA | accounts | Accounts with accounts type group | |
| 2025-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-24 | AA01 | accounts | Change account reference date company current extended | |
| 2024-02-02 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-01-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-25 | RESOLUTIONS | resolution | Resolution | |
| 2023-07-19 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2023-07-17 | SH01 | capital | Capital allotment shares | |
| 2023-01-31 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-09-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-11 | RESOLUTIONS | resolution | Resolution | |
| 2022-02-09 | SH01 | capital | Capital allotment shares | |
| 2022-01-24 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2022 → FY2023 · period ending 2023-09-30 vs 2022-09-30
-
Turnover
—
Not reported
-
Cash
-81.1%
£918,178 £173,457
lowest in 5 filed years
-
Net assets
+197.2%
-£2,416,741 £2,347,935
highest in 5 filed years
-
Employees
+27%
37 47
highest in 5 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers