FIRST MERCHANT PROCESSING (UK) LIMITED

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte Ireland LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the key areas above the Directors consider the presentation of the financial statements on a going concern basis is appropriate. In making this assessment, the directors have considered the credit risk ratings and performance of the top risk merchant customers, the sustainability of their business models and the related chargeback risk exposure. Considering the Company's cash reserves and the risk mitigation measures in place, the directors have concluded that a chargeback loss event in the portfolio that would impact the Company's ability to continue as a going concern is considered very low.”

Significant events

• “On the 6th June 2025, it was announced that Fiserv Inc. had an intention to buy the 49.9% minority stake of AIB plc. in the company. This intention is pending approval from all relevant authorities. Other than described here there were no other significant events between the Balance Sheet date and the date of signing of the financial statements, affecting the Company, which require adjustment to or disclosure in the financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

6

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +869.6%

  £42,166,543 → £408,844,254

• Cash

  +234.7%

  £42,373,512 → £141,841,744

• Net assets

  +7.3%

  £20,146,910 → £21,616,970

• Employees

  —

  Not reported

• Operating profit

  +942.8%

  £195,880 → £2,042,726

• Profit before tax

  +831.4%

  £195,880 → £1,824,423

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers