COMCARDE LIMITED

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-12-31.

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

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 and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

2

last 24 months

Officers appointed

1

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.

• Turnover

  —

  Not reported

• Cash

  -4.5%

  £302,128 → £288,670

  lowest in 3 filed years

• Net assets

  -38%

  £6,315,006 → £3,916,367

  lowest in 3 filed years

• Employees

  —

  Not reported

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers