UK Companies House feature
PISMO LABS UK LTD.
Cash
£652K
+301.7% vs 2023
Net assets
-£13M
+48.6% vs 2023
Employees
55
+14.6% vs 2023
Profit before tax
£2M
+114.4% vs 2023
Profile
- Company number
- 13424391
- Status
- Active
- Incorporation
- 2021-05-27
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £335,883 | £17,743,770 | |
| Operating profit | -£883,730 | — | -£17,245,362 | £2,480,086 | |
| Profit before tax | -£885,381 | — | -£17,246,850 | £2,485,286 | |
| Net profit | -£885,381 | — | -£17,246,850 | £2,485,286 | |
| Cash | £117,491 | — | £162,280 | £651,936 | |
| Total assets less current liabilities | -£885,380 | — | -£24,735,990 | -£12,709,347 | |
| Net assets | -£885,380 | — | -£24,735,990 | -£12,709,347 | |
| Equity | -£885,380 | -£6,164,195 | -£24,735,990 | -£12,709,347 | |
| Average employees | 7 | — | 48 | 55 | |
| Wages | £369,382 | — | £5,052,812 | £9,644,296 |
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 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Bishop Fleming Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. A letter of support has been provided by Visa International Service Association Inc to confirm that it will continue to support the business for at least 12 months from the date on which the balance sheet was signed.”
Significant events
- “Following the acquisition of the Company's immediate parent by Visa Inc during the year, the cash settled share-based payments scheme was cancelled.”
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
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CUSACK, Richard | Secretary | 2024-06-05 | — | — |
| DEAN, Sharon Julie | Director | 2024-06-05 | Jun 1971 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FOOT ANSTEY LLP | Corporate Secretary | 2021-05-27 | 2023-05-05 |
| FOOT ANSTEY SECRETARIAL LIMITED | Corporate Secretary | 2023-05-05 | 2024-03-19 |
| DALAL, Vishal Ratnesh | Director | 2021-06-11 | 2026-04-14 |
| JOSUA, Ricardo | Director | 2021-05-27 | 2024-06-03 |
| PARISE, Daniela Binatti | Director | 2021-05-27 | 2024-06-03 |
| PITHOUSE, Prini Patel | Director | 2024-06-05 | 2025-11-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pismo Soucoes Technologicas Ltda. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-05-27 | Ceased 2021-06-08 |
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-21 | TM01 | officers | termination director company with name termination date |
| 2025-11-28 | AA01 | accounts | change account reference date company previous shortened |
| 2025-11-27 | TM01 | officers | termination director company with name termination date |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-06-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-24 | CH01 | officers | change person director company with change date |
| 2024-10-01 | AA | accounts | accounts with accounts type full |
| 2024-07-22 | AA01 | accounts | change account reference date company previous extended |
| 2024-06-21 | AD02 | address | change sail address company with new address |
| 2024-06-15 | MA | incorporation | memorandum articles |
| 2024-06-15 | RESOLUTIONS | resolution | resolution |
| 2024-06-07 | AP01 | officers | appoint person director company with name date |
| 2024-06-07 | AP01 | officers | appoint person director company with name date |
| 2024-06-07 | AP03 | officers | appoint person secretary company with name date |
| 2024-06-07 | AA01 | accounts | change account reference date company previous shortened |
| 2024-06-07 | AD01 | address | change registered office address company with date old address new address |
| 2024-06-07 | TM01 | officers | termination director company with name termination date |
| 2024-06-07 | TM01 | officers | termination director company with name termination date |
| 2024-06-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-19 | TM02 | officers | termination secretary company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-3.38
DISTRESS
Altman Z″
- Working capital / Total assets -0.572 × 6.56 = -3.75
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.111 × 6.72 = +0.75
- Book equity / Total liabilities -0.363 × 1.05 = -0.38
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 2026-05-09
45.1
COOL
/ 100
- Filings velocity 42
- Capital events 0
- Officer churn 50
- Headcount trajectory 65
- Accounts trajectory 100
- 5 filing(s) in last 12 months
- 0 appointed, 2 resigned (12mo)
- Employees +15% YoY
- Turnover +5183% YoY