UK Companies House feature
NAVRO GROUP LIMITED
Cash
£5M
-67.3% vs 2023
Net assets
£13M
+35% vs 2023
Employees
46
+12.2% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 13854323
- Status
- Active
- Incorporation
- 2022-01-17
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2022-01-16 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | -£8,212,293 | -£7,984,658 | |
| Cash | — | — | £15,863,760 | £5,192,971 | |
| Total assets less current liabilities | — | — | £10,536,019 | £14,779,321 | |
| Net assets | — | — | £9,836,019 | £13,279,321 | |
| Equity | — | -£2,750,684 | £9,836,019 | £13,279,321 | |
| Average employees | — | — | 41 | 46 | |
| 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
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, which assumes that the Group will continue its operations for at least 12 months from the approval date of these financial statements.”
Subsidiaries
- Navro Holdings Limited · 100% held · United Kingdom · Financial services holding companies
- Navro Payments Limited · 100% held · United Kingdom · Financial intermediation
- Navro Payments Europe Limited · 100% held · Ireland · Financial intermediation
- Paytrix Payments Limited · 100% held · United Kingdom · Financial intermediation
- Navro Payments USA LLC · 100% held · Delaware · Financial intermediation
Significant events
- “In January 2024, the Company completed a Series A funding round, raising £11m, which was allocated for product development and international expansion.”
- “On 15 January 2024, the Company changed its name from Paytrix Group Limited to Navro Group Limited.”
- “In March 2025, the Company completed a $41m fundraise through a combination of equity and debt.”
- “Following the year-end, the Company also incorporated a subsidiary in Hong Kong and, through its U.S. subsidiary, obtained its first two Money Transmitter Licenses (MTLs).”
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
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALBRIGHT, Lars | Director | 2023-03-07 | Mar 1974 | American |
| BROWN, Aran Michael | Director | 2022-01-17 | Apr 1986 | British |
| COOKE, Jamie Robert | Director | 2023-06-05 | Jun 1981 | British |
| DAVIES, George Alexander | Director | 2023-06-20 | Dec 1984 | British |
| HARRISON, Edward Robert | Director | 2022-01-17 | Jul 1985 | British |
| HUTCHINS, Robert | Director | 2025-03-19 | Jul 1988 | American |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, George | Director | 2022-09-23 | 2023-03-07 |
| NIROUMAND, Ramin | Director | 2023-03-07 | 2023-05-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Aran Michael Brown | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2022-01-17 | Ceased 2023-03-07 |
| Mr Edward Robert Harrison | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2022-01-17 | Ceased 2023-03-07 |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-20 | SH01 | capital | capital allotment shares |
| 2025-09-30 | AA | accounts | accounts with accounts type group |
| 2025-07-25 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-05-29 | SH08 | capital | capital name of class of shares |
| 2025-05-29 | SH10 | capital | capital variation of rights attached to shares |
| 2025-04-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-03-31 | SH01 | capital | capital allotment shares |
| 2025-03-27 | MA | incorporation | memorandum articles |
| 2025-03-27 | RESOLUTIONS | resolution | resolution |
| 2025-03-20 | AP01 | officers | appoint person director company with name date |
| 2024-10-14 | AA | accounts | accounts with accounts type group |
| 2024-07-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-12 | CERTNM | change-of-name | certificate change of name company |
| 2024-01-11 | SH01 | capital | capital allotment shares |
| 2023-06-24 | AP01 | officers | appoint person director company with name date |
| 2023-06-23 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-06-23 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-06-20 | AA | accounts | accounts with accounts type total exemption full |
| 2023-06-13 | AP01 | officers | appoint person director company with name date |
| 2023-06-01 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory