UK Companies House feature
MAREX FX LIMITED
Cash
£63M
+78.4% vs 2022
Net assets
£36M
+32% vs 2022
Employees
58
+20.8% vs 2022
Profit before tax
£11M
+456.6% vs 2022
Profile
- Company number
- 11366742
- Status
- Active
- Incorporation
- 2018-05-16
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 66120
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2023-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £14,084,399 | £29,031,256 | |
| Operating profit | — | — | £2,277,783 | £10,437,250 | |
| Profit before tax | — | — | £1,932,827 | £10,758,049 | |
| Net profit | — | — | £1,451,846 | £8,841,421 | |
| Cash | — | — | £35,339,094 | £63,057,556 | |
| Total assets less current liabilities | — | — | £30,629,688 | £44,353,765 | |
| Net assets | — | — | £27,222,760 | £35,931,320 | |
| Equity | £24,230,655 | — | £27,222,760 | £35,931,320 | |
| Average employees | — | — | 48 | 58 | |
| Wages | — | — | £6,296,738 | £11,403,210 |
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
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Subsidiaries
- Hamilton Court Foreign Exchange Securities Trading Company SIM S.p.A · 100% held · Italy · Foreign exchange services
- Hamilton Court Foreign Exchange Payments S.r.l · 100% held · Italy · Foreign exchange services
Significant events
- “In October 2024 an agreement was reached for Spectron Services Limited, whose ultimate parent is Marex Group Plc, to purchase shares in Hamilton Court Group Limited, which was completed on 1 July 2025.”
- “At 31 March 2025 an agreement for Spectron Services Limited to purchase the Group was in place and awaiting regulatory approval in Italy. This transaction was completed on 01 July 2025.”
- “Hamilton Court Group Limited, the Parent company to Hamilton Court Foreign Exchange Limited, was acquired by Spectron Services Limited on 1st July 2025. Spectron Services Limited is owned by Marex Group Plc.”
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 |
|---|---|---|---|---|
| LINSLEY, Scott | Secretary | 2025-07-01 | — | — |
| CHO, Jae Yun | Director | 2025-11-07 | Nov 1981 | British |
| JETHWA, Nilesh Kumar | Director | 2025-12-03 | Sep 1978 | British |
| KETERMAN, Tony Junior | Director | 2018-05-16 | Jun 1986 | British |
| PALMER, Mark | Director | 2018-05-16 | Aug 1983 | British |
| SACHDEV, Chirag | Director | 2018-05-16 | Jun 1980 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLISON, Elizabeth Sarah | Director | 2022-06-30 | 2024-05-20 |
| GREEN, Peter Laurence | Director | 2018-11-01 | 2025-07-01 |
| KYTE, David Mark | Director | 2018-05-16 | 2025-07-01 |
| MUSIKANT, Adam Robin | Director | 2018-05-16 | 2025-07-01 |
| SIMON, Andrew | Director | 2018-05-16 | 2022-06-30 |
| SOUTHGATE, Michael Leslie | Director | 2021-01-01 | 2022-08-10 |
| TIMMS, Ben Harold | Director | 2019-01-23 | 2020-05-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hamilton Court Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-01 | Active |
| Mr David Mark Kyte | Individual | Shares 25–50%, Voting 25–50% | 2018-11-01 | Ceased 2021-12-01 |
| Mr Tony Junior Keterman | Individual | Shares 25–50%, Voting 25–50% | 2018-11-01 | Ceased 2021-12-01 |
| Hamilton Court Fx Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-05-16 | Ceased 2018-11-01 |
Filing timeline
Last 20 of 72 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-20 | CERTNM | change-of-name | certificate change of name company |
| 2026-01-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-11 | AP01 | officers | appoint person director company with name date |
| 2025-11-28 | AP01 | officers | appoint person director company with name date |
| 2025-10-23 | AA | accounts | accounts with accounts type full |
| 2025-07-15 | TM01 | officers | termination director company with name termination date |
| 2025-07-15 | TM01 | officers | termination director company with name termination date |
| 2025-07-15 | TM01 | officers | termination director company with name termination date |
| 2025-07-11 | AP03 | officers | appoint person secretary company with name date |
| 2025-07-09 | AD01 | address | change registered office address company with date old address new address |
| 2025-04-29 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-02-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-04 | CH01 | officers | change person director company with change date |
| 2025-01-13 | CH01 | officers | change person director company with change date |
| 2025-01-03 | AA | accounts | accounts with accounts type full |
| 2024-11-03 | MA | incorporation | memorandum articles |
| 2024-11-03 | RESOLUTIONS | resolution | resolution |
| 2024-10-30 | SH02 | capital | capital alter shares subdivision |
| 2024-10-30 | SH08 | capital | capital name of class of shares |
| 2024-10-15 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ (private-firm) · reference 2023-03-31
4.46
SAFE
Altman Z″
- Working capital / Total assets 0.400 × 6.56 = +2.62
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.136 × 6.72 = +0.92
- Book equity / Total liabilities 0.883 × 1.05 = +0.93
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
Composite activity score · components 0–100 · reference 2026-05-10
76.5
WARM
/ 100
- Filings velocity 83
- Capital events 40
- Officer churn 100
- Headcount trajectory 71
- Accounts trajectory 100
- 10 filing(s) in last 12 months
- 2 capital event(s) in last 24 months
- 3 appointed, 3 resigned (12mo)
- Employees +21% YoY
- Turnover +106% YoY