UK Companies House feature
PAYNETICS UK LIMITED
Cash
—
Latest balance sheet
Net assets
-£963K
-184.3% vs 2020
Employees
5
+400% vs 2020
Profit before tax
-£624K
-84.2% vs 2020
Profile
- Company number
- 12481335
- Status
- Active
- Incorporation
- 2020-02-25
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Profit before tax
2-year trend · vs UK Fintech median
Accounts
2-year trend · latest 2021-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 |
|---|---|---|---|
| Turnover | £5,920 | £260,557 | |
| Operating profit | -£340,910 | -£620,920 | |
| Profit before tax | -£338,819 | -£624,232 | |
| Net profit | -£338,819 | -£624,232 | |
| Cash | — | — | |
| Total assets less current liabilities | -£338,719 | -£962,951 | |
| Net assets | — | — | |
| Equity | -£338,719 | -£962,951 | |
| Average employees | 1 | 5 | |
| 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
- Standalone (parent only)
- Auditor
- Zenith Audit Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for at least twelve months from the date these financial statements are approved. [...] Paynetics AD Bulgaria, the immediate parent company, has provided the company with an undertaking that for a period of at least 12 months from the date of approval of these financial statements, it will make available such funds as are needed by the company to enable it to meet its liabilities as and when they fall due. This together with its own working capital will, in the opinion of the directors, enable the company to continue in operational existence for the foreseeable future.”
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
7 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLOWES, Ian Terence | Director | 2021-01-07 | Oct 1964 | British |
| GUEORGUIEV, Ivo Alexandrov | Director | 2020-02-25 | Jan 1964 | British |
| HASSON, Ariel, Mr. | Director | 2023-11-14 | Jun 1973 | Dutch |
| JOHNSTON, Janet Lynne | Director | 2025-03-17 | Jan 1961 | British |
| MARTINOVA, Antonina Ivanova | Director | 2021-01-07 | Nov 1968 | Bulgarian |
| PARKER, David John | Director | 2025-11-28 | Mar 1965 | British |
| VALTCHEV, Valeri Marinov | Director | 2021-01-07 | Mar 1976 | Bulgarian |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PEPLOW, Michael David, Mr. | Director | 2021-01-07 | 2023-10-04 |
| ROLLES, Hana Rypackova | Director | 2024-08-19 | 2025-03-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Valeri Marinov Valtchev | Individual | Significant influence | 2024-03-26 | Active |
| Mr Ivo Alexandrov Gueorguiev | Individual | Significant influence | 2024-03-26 | Active |
| Paynetics Ad | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-02-25 | Ceased 2020-02-25 |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-11-28 | AP01 | officers | appoint person director company with name date |
| 2025-10-04 | AA | accounts | accounts with accounts type full |
| 2025-03-17 | AP01 | officers | appoint person director company with name date |
| 2025-03-17 | TM01 | officers | termination director company with name termination date |
| 2025-02-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-18 | AD01 | address | change registered office address company with date old address new address |
| 2024-12-18 | AD01 | address | change registered office address company with date old address new address |
| 2024-10-05 | AA | accounts | accounts with accounts type full |
| 2024-08-19 | AP01 | officers | appoint person director company with name date |
| 2024-03-26 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-03-26 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2024-03-25 | PSC09 | persons-with-significant-control | withdrawal of a person with significant control statement |
| 2024-03-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-11-15 | CH01 | officers | change person director company with change date |
| 2023-11-15 | AP01 | officers | appoint person director company with name date |
| 2023-10-18 | TM01 | officers | termination director company with name termination date |
| 2023-10-05 | AA | accounts | accounts with accounts type small |
| 2023-03-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-03-06 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
41.2
COOL
/ 100
- Filings velocity 25
- Capital events 0
- Officer churn 25
- Headcount trajectory 100
- Accounts trajectory 100
- 3 filing(s) in last 12 months
- 1 appointed, 0 resigned (12mo)
- Employees +400% YoY
- Turnover +4301% YoY