UK Companies House feature
WORLDREMIT GROUP LIMITED
Profile
- Company number
- 12257809
- Status
- Active
- Incorporation
- 2019-10-11
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed the appropriateness of preparing the Group and Company's financial statements on a going concern basis in consideration of the period up to and including Q3 2026. The directors believe the Group and the Company are well-positioned for sustainable profit growth in 2025 and beyond, and at 31 December 2024, the Group had cash and cash equivalents of $80.4m (2023: $103.8m). ... Based on the assessment outlined above, the directors confirm that while subject to inherent risks, the Group has sufficient liquidity to support its assessment as a going concern for the current reporting period.”
Subsidiaries
- WorldRemit Finance Limited · 100% held · UK · Holding company
- WorldRemit Holding Limited · 100% held · UK · Holding company
- WorldRemit Mexico, S.A. de C.V. · 100% held · Mexico · Money transfer
- WorldRemit LTD. · 100% held · UK · Money transfer
- WorldRemit Corp. · 100% held · USA · Money transfer
- WorldRemit Pty Ltd. · 100% held · Australia · Money transfer
- WorldRemit Inc · 100% held · Canada · Money transfer
- WorldRemit (Hong Kong) Ltd. · 100% held · Hong Kong · Money transfer
- WorldRemit (New Zealand) Ltd. · 100% held · New Zealand · Money transfer
- WorldRemit (Singapore) Pte Ltd. · 100% held · Singapore · Money transfer
- WorldRemit (Malaysia) SDN BHD. · 100% held · Malaysia · Money transfer
- WorldRemit South Africa Pty Ltd. · 100% held · South Africa · Money transfer
- WorldRemit (Somaliland) Ltd. · 100% held · Somaliland · Money transfer
- WorldRemit Service Company Limited · 100% held · UK · Business Services
- WorldRemit Money Transfer (Uganda) Ltd. · 100% held · Uganda · Money transfer
- WorldRemit (Rwanda) Ltd. · 100% held · Rwanda · Money transfer
- WorldRemit Money Transfer (Kenya) Ltd. · 100% held · Kenya · Money transfer
- WorldRemit (Zimbabwe) (Private) Ltd. · 100% held · Zimbabwe · Money transfer
- WorldRemit (Tanzania) Ltd. · 100% held · Tanzania · Money transfer
- WorldRemit Belgium S.A. · 100% held · Belgium · Money transfer
- WorldRemit West Inc · 100% held · Canada · Money transfer
- WorldRemit Central Inc · 100% held · Canada · Money transfer
- WorldRemit Digital Services Corp. · 100% held · Philippines · Money transfer
- Sendwave Canada Inc. · 100% held · Canada · Money transfer
- Sendwave SA · 100% held · Belgium · Money transfer
- Wave Transfer Limited · 100% held · UK · Money transfer
- Wave Transfer Limited (Liberia) · 100% held · Liberia · Money transfer
- Wave Transfer Limited (Ghana) · 100% held · Ghana · Money transfer
- WaveHigh IT Technology Limited · 100% held · Nigeria · Money transfer
- Sendwave Limited (Kenya) · 100% held · Kenya · Money Transfer
- Sendwave Costa Rica Sociedad de Responsabilidad Limitada · 100% held · Costa Rica · Money Transfer
- Sendwave Senegal SUARL · 100% held · Senegal · Money Transfer
- WorldRemit US Holdings Inc. · 100% held · USA · Holding company
- Zepz Technology Services Limited · 100% held · UK · Business Services
Significant events
- “During 2024, the Group completed a capital raise through the issuance of Series X preferred shares to existing and new investors for gross aggregate proceeds of $266.6m.”
- “During 2024, the Group changed its focus to prioritise sustainable growth, profitability and long-term financial resilience. This strategic shift centred on optimising the cost base, improving capital efficiency and investing in initiatives that strengthen both the operational efficiency and customer experience.”
- “As part of this change in the Groups strategy, costs were deliberately scaled back in selected areas of the business, through the streamlining and further consolidation of processes between the WorldRemit and Sendwave brands. This resulted in a headcount decrease from 1,172 to 1,014, reflecting the elimination of duplicated roles and improved process efficiency.”
- “A pivotal achievement as part of this process was the introduction of the US digital wallets, which offers a secure method for customers to store their funds within the United States. This feature is expected to be rolled out to other markets.”
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
9 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COMERFORD-GREEN, David | Secretary | 2025-09-16 | — | — |
| BIRGE, Melissa Reiter | Director | 2021-05-20 | Jan 1969 | American |
| DORAN, John Andrew | Director | 2020-05-29 | May 1978 | Irish |
| HOWARD, George Cheuk-Yin | Director | 2026-04-01 | Nov 1991 | British |
| LANGDON, Stewart Michael | Director | 2020-05-29 | Jul 1978 | British |
| LOCKE, John Kenneth | Director | 2020-05-29 | May 1984 | American |
| MORRIS, Jonathan Barrie | Director | 2026-03-27 | Oct 1975 | British |
| NELIS, Hendrik Willem | Director | 2020-05-29 | Feb 1964 | Dutch |
| WORTMANN, Alexander Karel Jacobus | Director | 2024-06-26 | Apr 1989 | Dutch |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COOK, Martin Andrew William | Secretary | 2020-04-24 | 2020-10-06 |
| OYESANYA, Omolara | Secretary | 2021-08-09 | 2024-07-12 |
| TIGHE, Amber Grace | Secretary | 2020-10-06 | 2021-05-05 |
| WALLWORK, Sally Margret | Secretary | 2024-07-12 | 2025-07-25 |
| ADDIS, Jonathan William | Director | 2020-05-29 | 2026-04-01 |
| AHMED, Ismail Ibrahim | Director | 2020-05-29 | 2024-06-30 |
| CORCORAN, Breon Thomas | Director | 2019-10-11 | 2022-07-25 |
| DAVIES, Richard | Director | 2021-02-05 | 2025-07-31 |
| DONGWANA, Neo Phakama | Director | 2021-10-06 | 2022-09-30 |
| LENHARD, Mark Thomas | Director | 2022-07-25 | 2026-03-27 |
| VOGEL, Paul Aaron | Director | 2021-01-21 | 2022-09-30 |
| WINES, Catherine Pierrette Francoise | Director | 2020-05-29 | 2020-11-14 |
Ownership
Persons with significant control
No PSC data extracted yet.
Filing timeline
Last 20 of 103 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-01 | AP01 | officers | appoint person director company with name date |
| 2026-04-01 | TM01 | officers | termination director company with name termination date |
| 2026-03-30 | AP01 | officers | appoint person director company with name date |
| 2026-03-30 | TM01 | officers | termination director company with name termination date |
| 2026-01-21 | CH01 | officers | change person director company with change date |
| 2026-01-12 | CH01 | officers | change person director company with change date |
| 2025-12-02 | AD01 | address | change registered office address company with date old address new address |
| 2025-10-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-09 | AA | accounts | accounts with accounts type group |
| 2025-09-17 | AP03 | officers | appoint person secretary company with name date |
| 2025-08-08 | TM01 | officers | termination director company with name termination date |
| 2025-08-05 | TM02 | officers | termination secretary company with name termination date |
| 2025-02-11 | AA | accounts | accounts with accounts type group |
| 2025-01-21 | SH03 | capital | capital return purchase own shares treasury capital date |
| 2024-12-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-12 | MA | incorporation | memorandum articles |
| 2024-12-11 | TM01 | officers | termination director company with name termination date |
| 2024-12-10 | SH20 | capital | legacy |
| 2024-12-10 | SH19 | capital | capital statement capital company with date currency figure |
| 2024-12-10 | SH20 | capital | legacy |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.