UK Companies House feature
BANKED LTD
Cash
£3M
+385.9% vs 2020
Net assets
£2M
+524.6% vs 2020
Employees
25
+47.1% vs 2020
Profit before tax
—
Period ending 2021-11-30
Profile
- Company number
- 11047186
- Status
- Active
- Incorporation
- 2017-11-03
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62020
Cash
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2021-11-30
| Metric | Trend | 2019-11-30 | 2020-11-30 | 2021-11-30 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | — | -£3,410,880 | |
| Cash | £479,829 | £561,103 | £2,726,536 | |
| Total assets less current liabilities | £408,362 | £324,079 | £2,024,338 | |
| Net assets | — | — | — | |
| Equity | £408,362 | £324,079 | £2,024,338 | |
| Average employees | 0 | 17 | 25 | |
| 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
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the funding secured as at the date of this report, the expected finalisation of further agreements, and the strong strategic relationships in place with investors (and as further detailed under "Accounting Policies - Going Concern"), the directors are satisfied that the group has adequate resources to operate for the foreseeable future, covering at least 12 months from the date of approval of this report.”
Subsidiaries
- Pay by B UAB · 100% held · Lithuania · Intermediation of payment transactions
- Banked Inc. · 100% held · USA · Exploration of fintech activities
- BKD Payments Ltd · 100% held · Israel · Intermediation of payment transactions
- Studio H67 Pty Ltd · 100% held · Australia · Intermediation of payment transactions
- Banked PTE. Ltd. · 100% held · Singapore · Intermediation of payment transactions
- Waave Holdings Pty Ltd · 100% held · Australia · Holding company
- Waave Technologies Pty Ltd · 100% held · Australia · Computer network systems design
Significant events
- “In March 2025, the terms of convertible loan note raised with the new investor were amended, including (among other changes) an increase in the quantum from $3 million to $3.75 million.”
- “The company is in the process of an additional fundraise as mentioned above. Otherwise, no material events since the end of the financial period.”
- “Waave Holdings Pty Ltd and its subsidiaries (Waave Technologies Pty Ltd and Waave Inc) were acquired on 5 December 2024. Results post-acquisition have been included in the consolidated income statement.”
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
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COEN, Filip | Director | 2020-03-26 | Oct 1975 | Belgian |
| GOODALL, Brad Daniel | Director | 2017-11-03 | Mar 1981 | Australian |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROSENTHAL, Marc | Director | 2023-01-25 | 2024-01-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Neil Ambler | Individual | Shares 25–50%, Voting 25–50% | 2017-11-03 | Ceased 2020-09-09 |
| Brad Daniel Goodall | Individual | Shares 25–50%, Voting 25–50% | 2017-11-03 | Ceased 2020-09-09 |
Filing timeline
Last 20 of 86 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-28 | RESOLUTIONS | resolution | resolution |
| 2025-11-28 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-11-26 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-11-20 | MA | incorporation | memorandum articles |
| 2025-10-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-06 | SH01 | capital | capital allotment shares |
| 2025-08-06 | AA | accounts | accounts with accounts type group |
| 2025-06-24 | SH01 | capital | capital allotment shares |
| 2025-02-26 | AA | accounts | accounts with accounts type group |
| 2025-02-19 | SH01 | capital | capital allotment shares |
| 2025-02-19 | SH01 | capital | capital allotment shares |
| 2024-12-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-11-22 | AD01 | address | change registered office address company with date old address new address |
| 2024-11-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-08 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-07-24 | SH08 | capital | capital name of class of shares |
| 2024-07-24 | SH10 | capital | capital variation of rights attached to shares |
| 2024-07-15 | RP04SH01 | capital | second filing capital allotment shares |
| 2024-07-15 | RP04SH01 | capital | second filing capital allotment shares |
| 2024-07-15 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory