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Cash

£902M

-11.1% vs 2023

Net assets

£656M

+8.8% vs 2023

Employees

Average over period

Profit before tax

£66M

+40% vs 2023

Name history

Renamed 1 time since incorporation

  1. UNIONPAY INTERNATIONAL CO., LTD 2016-01-13 → present
  2. UNIONPAY INT CO LTD 2015-12-15 → 2016-01-13

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £245,641,993£225,366,907
Operating profit £45,808,025£64,457,889
Profit before tax £47,234,298£66,118,718
Net profit £48,257,806£55,350,746
Cash £1,013,795,419£901,667,404
Total assets less current liabilities
Net assets £602,820,990£655,860,124
Equity £602,709,308£655,770,817
Average employees
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 2023-12-312024-12-31
Operating margin 18.6%28.6%
Net margin 19.6%24.6%
Gearing (liabilities / total assets) 45.8%35.3%
Current ratio 341.02x135.93x
Interest cover 191.45x111.45x

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
Accounting Standards for Business Enterprises issued by the Ministry of Finance of the People's Republic of China
Reporting scope
Consolidated group
Auditor
KPMG Huazhen LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.”

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

People

6 active · 11 resigned

Name Role Appointed Born Nationality
DONG, Junfeng Director 2025-02-07 Feb 1972 Chinese
LIU, Heng Director 2024-02-07 Aug 1978 Chinese
LIU, Yuan Director 2025-02-07 Nov 1970 Chinese
SHAN, Changsheng Director 2025-02-07 Oct 1968 Chinese
WANG, Li Xin Director 2016-03-14 Nov 1967 Chinese
XIE, Qunsong Director 2025-02-07 Jun 1974 Chinese
Show 11 resigned officers
Name Role Appointed Resigned
CAI, Jian Bo Director 2015-12-15 2024-05-10
CHEN, Lei Director 2016-12-27 2022-11-21
GE, Hua Yong Director 2015-12-15 2019-08-15
GUO, Rong Li Director 2015-12-15 2016-12-27
LEE, Yong Guan Director 2015-12-15 2016-02-14
LI, Xiaofeng Director 2019-07-24 2022-08-12
LI, Yunze Director 2016-09-23 2020-05-14
SHI, Wengchao Director 2015-12-15 2020-10-26
SONG, Jianhua Director 2020-05-14 2026-02-09
WANG, Xi Quan Director 2015-12-15 2016-09-23
YAM, Chi Kwong Director 2015-12-15 2025-02-07

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 43 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-03-24 OSCC01 Change constitutional documents overseas company with date
  • 2025-01-22 OSCC01 Change constitutional documents overseas company with date
Date Type Category Description
2026-03-13 OSTM01 officers Termination person director overseas company with name termination date
2025-10-03 AA accounts Accounts with accounts type full
2025-03-24 OSCC01 change-of-constitution Change constitutional documents overseas company with date
2025-02-21 OSTM01 officers Termination person director overseas company with name termination date
2025-02-21 OSTM01 officers Termination person director overseas company with name termination date
2025-02-21 OSAP01 officers Appoint person director overseas company with name appointment date
2025-02-21 OSAP01 officers Appoint person director overseas company with name appointment date
2025-02-21 OSAP01 officers Appoint person director overseas company with name appointment date
2025-02-21 OSAP01 officers Appoint person director overseas company with name appointment date
2025-01-22 OSCC01 change-of-constitution Change constitutional documents overseas company with date
2024-10-01 AA accounts Accounts with accounts type group
2024-05-30 OSCH02 other Change company details overseas company with change details
2024-05-30 OSCH02 other Change company details overseas company
2024-03-21 OSCH01 other Change company details by uk establishment overseas company with change details
2024-03-13 OSAP01 officers Appoint person director overseas company with name appointment date
2023-10-10 AA accounts Accounts with accounts type full
2023-04-21 OSTM01 officers Termination person director overseas company with name termination date
2022-12-02 AA accounts Accounts with accounts type full
2022-11-21 OSTM01 officers Termination person director overseas company with name termination date
2022-11-21 OSTM01 officers Termination person director overseas company with name termination date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page