PAYNETICS UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-07 (in 10mo)
Last made up 2026-02-21
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
-£963K
-184.3% vs 2020
Employees
5
+400% vs 2020
Profit before tax
-£624K
-84.2% vs 2020
Profit before tax
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2021-12-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 |
|---|---|---|---|
| Operating margin | -5758.6% | -238.3% | |
| Net margin | -5723.3% | -239.6% | |
| Return on capital employed | 100.6% | 64.5% | |
| Interest cover | — | -163.40x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2020 → FY2021 · period ending 2021-12-31 vs 2020-12-31
-
Turnover
+4,301.3%
£5,920 £260,557
-
Cash
—
Not reported
-
Net assets
—
Not reported
-
Employees
+400%
1 5
-
Operating profit
-82.1%
-£340,910 -£620,920
-
Profit before tax
-84.2%
-£338,819 -£624,232
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers