UK Companies House feature
COMCARDE LIMITED
Cash
£289K
-4.5% vs 2022
Net assets
£4M
-38% vs 2022
Employees
56
Average over period
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- SC454090
- Status
- Active
- Incorporation
- 2013-07-09
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2023-12-31
| Metric | Trend | 2018-07-31 | 2019-07-31 | 2020-07-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | -£1,628,835 | — | — | |
| Cash | — | — | — | £666,502 | £302,128 | £288,670 | |
| Total assets less current liabilities | — | — | — | £11,429,267 | £14,191,656 | £17,921,130 | |
| Net assets | — | — | — | £6,194,355 | £6,315,006 | £3,916,367 | |
| Equity | £2,427,214 | £2,337,490 | £1,836,284 | £6,194,355 | £6,315,006 | £3,916,367 | |
| Average employees | — | — | — | — | — | 56 | |
| 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
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 31 December 2024 the company had net liabilities of £2,567,602 (2023 - net assets £3,916,367) and net current liabilities of £1,277,337 (2023 - £608,395). The company relies on continued support from Monarch Technology Investments Ltd to be able to meet its liabilities as they fall due and the appropriateness of the going concern basis is dependent on this support being continued. Monarch Technology Investments Ltd have confirmed they will continue to provide this support and accordingly the financial statements have been prepared under the going concern basis.”
Significant events
- “As the payment orchestration market continues to mature, we're seeing a clear shift in enterprise demand. Merchants are actively unbundling legacy payment services in favour of best-in-class, modular solutions that give them greater control, flexibility, and performance. This shift was reflected in our strong performance across the following areas: Exceptionally strong growth in CARR going into FY25, A number of contracts secured with tier 1 enterprise scale merchants, adding a significant increase to volumes in 2025, Continued expansion of the product offering, developing new features and strengthening existing products, SOC2 type 2 and PCI 4.0 accreditations, Embedding of Al and incorporation into products and internal productivity, Building out of the team to allow scale and growth in line with ambition.”
- “Our roadmap is focused on scaling platform capability, performance and resilience, while helping merchants unlock more value from their payment operations by taking a data-driven approach to optimisation. We are continuing to enhance our hosted checkout products, giving merchants greater control over configuration and branding, while reducing integration complexity and time to revenue. Personalisation features will evolve to reduce friction and improve payment experiences, supporting better conversion and customer loyalty. Work is also underway to deepen our observability and data models, giving merchants clearer visibility of payment performance and more actionable insights.”
- “Looking ahead, we expect to process over 200 million transactions in 2025, reflecting the growing adoption of BR-DGE across our core verticals and an increasing number of enterprise use cases.”
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 · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GILLAN, Thomas James | Secretary | 2021-12-14 | — | — |
| BRADLEY, Pauline Anne | Director | 2017-08-11 | Jun 1961 | British |
| COBURN, Brian James | Director | 2018-03-01 | Dec 1970 | British |
| GILLAN, Thomas James | Director | 2021-07-20 | May 1986 | British |
| KLEINER, Jake | Director | 2026-04-23 | Feb 1989 | American |
| REEVES, David Alan | Director | 2019-04-03 | Mar 1947 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FRASER, Rupert James | Secretary | 2014-01-06 | 2021-12-14 |
| BRADLEY, Pauline Anne | Director | 2015-05-19 | 2016-10-06 |
| FRASER, Christopher James | Director | 2014-01-06 | 2014-10-15 |
| FRASER, Rupert James | Director | 2013-07-09 | 2015-05-19 |
| GIBBS, Aiden Joseph Merry | Director | 2014-01-06 | 2014-10-15 |
| GLOAG, Ann Heron, Dame | Director | 2019-04-03 | 2023-12-13 |
| GLOAG, Ann Heron | Director | 2015-05-19 | 2016-10-06 |
| GOODMAN, James Martin | Director | 2013-07-09 | 2017-08-11 |
| HALL, Michael Edward | Director | 2016-10-19 | 2017-08-11 |
| JONES, Neira Sophie | Director | 2014-05-28 | 2017-08-11 |
| MACKINTOSH, Iain Stewart | Director | 2017-08-11 | 2026-04-23 |
| MACNAMARA, Jamie | Director | 2017-08-11 | 2019-04-03 |
| MATHEWS, Thomas Peter | Director | 2015-01-22 | 2018-06-01 |
| MONCREIFFE, Ossian Peregrine Thomas Gerald | Director | 2014-01-06 | 2014-10-15 |
| OSBORN, Peter Gordon | Director | 2017-08-17 | 2019-06-05 |
| WOTHERSPOON, Jonathan Lawrence Edwards | Director | 2014-01-06 | 2014-10-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Monarch Technology Investments Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2023-12-22 | Active |
| Highland & Universal Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-12-22 |
| Mr James Martin Goodman | Individual | Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2017-08-11 |
Filing timeline
Last 20 of 101 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-08 | SH08 | capital | capital name of class of shares |
| 2026-05-07 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2026-05-07 | AP01 | officers | appoint person director company with name date |
| 2026-05-07 | RESOLUTIONS | resolution | resolution |
| 2026-05-07 | MA | incorporation | memorandum articles |
| 2026-05-07 | TM01 | officers | termination director company with name termination date |
| 2026-02-11 | RP01AP01 | officers | replacement filing of director appointment with name |
| 2026-01-25 | SH01 | capital | capital allotment shares |
| 2026-01-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-05-08 | AA | accounts | accounts with accounts type full |
| 2024-12-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-04-25 | AA | accounts | accounts with accounts type small |
| 2024-01-05 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-12-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-12-22 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-12-13 | TM01 | officers | termination director company with name termination date |
| 2023-07-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-04-18 | AA | accounts | accounts with accounts type small |
| 2022-07-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-05-03 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory