UK Companies House feature
MP PAYMENTS UK LIMITED
Profile
- Company number
- 14263447
- Status
- Active
- Incorporation
- 2022-07-29
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- UK-adopted international accounting standards
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As a result of the ultimate parent decision to close group operations and the Board concurrence detailed in Significant events since the end of the financial year, the Company notified the FCA and staff of its future plans. The Company also notified customers and set a timeline to withdraw its e-money services and to close its Zing App on 22 May 2025. Consequently, the going concern basis of preparation was not deemed appropriate and the financial statements have not been prepared on going concern basis.”
Significant events
- “During the year ended 31 December 2024 the Company received £12.2m investment from MP Payments Group Limited. The ultimate parent, HSBC Holdings plc decided to close the Company's operations and the MP Payments Group Board concurred as detailed in the Report of the Directors in the Significant events since the end of the financial year.”
- “Following a strategic review, the ultimate parent, HSBC Holdings plc decided to close the Company's operations and transfer its "Zing App" underlying technology platform to another entity within the HSBC Group. The MP Payments Group Board provided concurrence for the decision and on 22 January 2025 approved the full wind down and liquidation plans.”
- “The Company requested for FCA de-authorisation after closing the Zing App and ceasing to offer e-money services to customers on 22 May 2025. The Company, after the FCA approval will begin the process of orderly wind down and liquidation.”
- “The MP Payment Group publicly announced in January 2025 the decision to wind down operations and liquidate all group companies. The Company closed the Zing App and ceased providing e-money services to customers on 22 May 2025. It is intended that the Company will be liquidated, once de-authorised by the FCA.”
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 · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAS, Sidharth, Mr. | Director | 2025-07-01 | Nov 1991 | British |
| NUTTALL, Emma Louise, Ms. | Director | 2025-05-23 | Jun 1977 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLAN, James Ramsay | Director | 2022-07-29 | 2025-05-23 |
| FELIX, Vincent | Director | 2022-07-29 | 2025-05-23 |
| GRANT, Jonathan Healey | Director | 2022-07-29 | 2024-04-04 |
| KENYON, John Scott, Mr. | Director | 2024-04-11 | 2025-05-23 |
| RAM, Vivek | Director | 2025-05-23 | 2026-02-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mp Payments Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-29 | Active |
Filing timeline
Last 20 of 20 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-26 | TM01 | officers | termination director company with name termination date |
| 2025-08-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-11 | AP01 | officers | appoint person director company with name date |
| 2025-06-10 | AA | accounts | accounts with accounts type full |
| 2025-05-23 | TM01 | officers | termination director company with name termination date |
| 2025-05-23 | TM01 | officers | termination director company with name termination date |
| 2025-05-23 | AP01 | officers | appoint person director company with name date |
| 2025-05-23 | AP01 | officers | appoint person director company with name date |
| 2025-05-23 | TM01 | officers | termination director company with name termination date |
| 2024-12-17 | SH01 | capital | capital allotment shares |
| 2024-08-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-22 | AA | accounts | accounts with accounts type full |
| 2024-07-18 | SH01 | capital | capital allotment shares |
| 2024-04-11 | AP01 | officers | appoint person director company with name date |
| 2024-04-08 | TM01 | officers | termination director company with name termination date |
| 2023-11-21 | SH01 | capital | capital allotment shares |
| 2023-07-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-01-05 | SH01 | capital | capital allotment shares |
| 2022-12-19 | AA01 | accounts | change account reference date company current extended |
| 2022-07-29 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory