UK Companies House feature
GC EXCHANGE LIMITED
Cash
£8M
-31.7% vs 2024
Net assets
£4M
-10.9% vs 2024
Employees
7
+40% vs 2024
Profit before tax
-£545K
-134.4% vs 2024
Profile
- Company number
- 11382809
- Status
- Active
- Incorporation
- 2018-05-25
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
10-year trend · vs UK Fintech median
Accounts
10-year trend · latest 2025-12-31
| Metric | Trend | 2020-08-31 | 2020-09-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-01-01 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £101,310 | — | £1,889,358 | — | £4,457,690 | — | £2,296,358 | — | £3,757,784 | £2,765,262 | |
| Operating profit | -£417,541 | — | £1,421,206 | — | £1,497,685 | — | -£398,589 | — | -£245,237 | -£557,281 | |
| Profit before tax | -£403,993 | — | £1,421,206 | — | £1,494,789 | — | -£387,429 | — | -£232,567 | -£545,191 | |
| Net profit | -£273,334 | — | £1,283,243 | — | £1,209,657 | — | -£279,622 | — | -£172,789 | -£510,410 | |
| Cash | £1,463,650 | £1,463,650 | £18,459,499 | £18,459,499 | £25,412,702 | — | £14,371,439 | — | £11,148,241 | £7,612,448 | |
| Total assets less current liabilities | £1,185,751 | — | £3,187,813 | — | £6,936,782 | — | £4,856,711 | — | £4,683,318 | £4,172,908 | |
| Net assets | £1,185,751 | — | £3,186,691 | — | £6,935,729 | — | £4,856,107 | — | £4,683,318 | £4,172,908 | |
| Equity | £1,185,751 | — | £3,186,691 | — | £6,935,729 | £6,935,729 | £4,856,107 | £4,856,107 | £4,683,318 | £4,172,908 | |
| Average employees | 3 | — | 4 | — | 7 | — | 4 | — | 5 | 7 | |
| Wages | £90,409 | — | £215,317 | — | £411,697 | — | £354,824 | — | £387,936 | £537,768 |
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
- Calders (1883) 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “There were no significant events post year end.”
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 · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AAGAARD, Michael | Director | 2024-02-14 | Mar 1978 | Danish |
| HOLST, Lars Birk | Director | 2018-05-25 | Dec 1971 | Danish |
| SCARABINO, Juan Ignacio | Director | 2023-06-06 | Jun 1978 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SCARABINO, Juan Ignacio | Director | 2022-03-02 | 2022-03-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gcex Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-02-01 | Active |
| Mr Lars Birk Holst | Individual | Shares 75–100%, Voting 75–100% | 2018-05-25 | Ceased 2022-02-01 |
Filing timeline
Last 20 of 36 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-01 | AA | accounts | accounts with accounts type full |
| 2025-05-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-28 | AA | accounts | accounts with accounts type full |
| 2024-05-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-05-02 | AA | accounts | accounts with accounts type full |
| 2024-02-15 | AP01 | officers | appoint person director company with name date |
| 2023-06-08 | AP01 | officers | appoint person director company with name date |
| 2023-05-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-04-21 | AA | accounts | accounts with accounts type full |
| 2023-03-20 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-03-20 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2022-05-31 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-04-28 | AA | accounts | accounts with accounts type full |
| 2022-04-07 | SH01 | capital | capital allotment shares |
| 2022-03-10 | TM01 | officers | termination director company with name termination date |
| 2022-03-02 | AP01 | officers | appoint person director company with name date |
| 2022-02-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-02-01 | SH01 | capital | capital allotment shares |
| 2021-08-10 | AA01 | accounts | change account reference date company current extended |
| 2021-05-27 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2025-12-31
1.49
GREY ZONE
Altman Z″
- Working capital / Total assets 0.211 × 6.56 = +1.39
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.030 × 6.72 = -0.20
- Book equity / Total liabilities 0.292 × 1.05 = +0.31
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