PAYPOINT NETWORK LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-17 (in 5mo)
Last made up 2025-10-03
Watchouts
None on the register
Cash
£0
+100% vs 2024
Net assets
£26M
-8.3% vs 2024
Employees
456
-14.4% vs 2024
Profit before tax
£10M
-21.6% lowest in 4 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £65,394,000 | — | £75,554,000 | £76,418,000 | £75,859,000 | |
| Operating profit | — | £12,306,000 | — | £12,274,000 | £12,289,000 | £9,212,000 | |
| Profit before tax | — | £11,539,000 | — | £11,667,000 | £12,278,000 | £9,631,000 | |
| Net profit | — | £11,418,000 | — | £9,766,000 | £9,254,000 | £7,608,000 | |
| Cash | — | £2,193,000 | — | £232,000 | -£73,000 | £0 | |
| Total assets less current liabilities | — | £9,904,000 | — | £31,198,000 | £29,904,000 | £37,414,000 | |
| Net assets | — | £9,766,000 | — | £19,532,000 | £28,786,000 | £26,394,000 | |
| Equity | -£1,652,000 | £9,766,000 | £9,766,000 | £19,532,000 | £28,786,000 | £26,394,000 | |
| Average employees | — | 450 | — | 468 | 533 | 456 | |
| Wages | — | £19,472,000 | — | £18,945,000 | £20,607,000 | £20,651,000 | |
| Directors' remuneration | — | — | — | — | £516,000 | £739,000 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-0.7%
£76,418,000 £75,859,000
-
Cash
+100%
-£73,000 £0
-
Net assets
-8.3%
£28,786,000 £26,394,000
-
Employees
-14.4%
533 456
-
Operating profit
-25%
£12,289,000 £9,212,000
lowest in 4 filed years
-
Profit before tax
-21.6%
£12,278,000 £9,631,000
lowest in 4 filed years
-
Wages
+0.2%
£20,607,000 £20,651,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 18.8% | — | 16.2% | 16.1% | 12.1% | |
| Net margin | — | 17.5% | — | 12.9% | 12.1% | 10.0% | |
| Return on capital employed | — | 124.3% | — | 39.3% | 41.1% | 24.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | 46.3% | 54.9% | |
| Current ratio | — | — | — | — | 1.22x | 1.60x | |
| Interest cover | — | 15.68x | — | 18.60x | 38.64x | 26.70x |
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.
Name history
Renamed 3 times since incorporation
- PAYPOINT NETWORK LIMITED 1998-08-17 → present
- PAYPOINT SERVICES LIMITED 1996-10-02 → 1998-08-17
- CASHSTOP SERVICES LIMITED 1994-11-24 → 1996-10-02
- BISTRADE LIMITED 1994-10-03 → 1994-11-24
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- PAYPOINT NETWORK LIMITED · parent
- PayPoint Trust Managers Limited 100%
- Event Payment Services Limited 100%
Significant events
- “We have completed our first full year of delivering the DVLA International Driving Permit service, which went live on 1 April 2024”
- “Our partnership with Royal Mail launched earlier in the financial year, with over 7,500 sites rolled out across the UK and store to store and click and collect services now live.”
- “We have now established new partnerships with Chinese and South Asian marketplaces, with the initial rollout of 26 stores with SFExpress”
- “On 14 May 2025, PayPoint and Utilita came to a settlement such that Utilita has withdrawn its claim against PayPoint. As part of this settlement, the two parties have agreed to a new 5-year contract for over-the-counter prepayment services.”
- “The trial at the Competition Appeal Tribunal [for Global 365 claim], started on 10 June 2025.”
- “Access to Cash and Local Banking - deliver successful launch of Local Banking service, with at least two High St banks due to go live in H1 FY26; continue to grow neobank cash deposit volumes, building on the £475 million of consumer deposits processed in FY25; improve ATM performance across the PayPoint estate through successful delivery of recovery plan”
- “Community services for retailer partners - grow service fee revenue through expanding PayPoint network and RPI increase; rollout new Store Growth Specialist team, supporting retailer partners to deliver further revenue growth through store visits driven by targeted data and support; deliver further growth in FMCG proposition via PayPoint Engage, building pipeline of major brand campaigns and increasing adoption of Retailer Rewards programme.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| INDIGO CORPORATE SECRETARY LIMITED | Corporate Secretary | 2024-01-22 | — | — |
| HARDING, David Robert | Director | 2023-08-14 | Aug 1974 | British |
| WILES, Nicholas Winston Braid | Director | 2019-12-19 | Aug 1961 | British |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARNE, Sarah | Secretary | 2019-12-16 | 2022-01-28 |
| COURT, Susan Catherine | Secretary | 1999-10-04 | 2019-12-13 |
| EDELSTYN, Paul | Secretary | 1994-11-08 | 1994-11-16 |
| HANSON, Shay Dinata | Secretary | 1999-05-31 | 1999-09-24 |
| HORSNELL, Richard, Dr | Secretary | 1994-11-16 | 1996-04-04 |
| MCDOUGALL, Ian Paul, Mr. | Secretary | 1998-09-22 | 1999-05-31 |
| MCLELLAND, Brian | Secretary | 2022-01-28 | 2023-12-29 |
| STEEDS, Robert Hurle | Secretary | 1996-04-04 | 1998-09-22 |
| NORTON ROSE LIMITED | Corporate Nominee Secretary | 1994-10-03 | 1994-11-08 |
| ASTBURY, Mark Harvey Ayrton | Director | 2004-10-20 | 2007-01-23 |
| ASTBURY, Mark Harvey Ayrton | Director | 2000-07-28 | 2004-08-31 |
| BOTT, Stephen John | Director | 1999-07-12 | 2004-07-20 |
| BULL, Ian Alan | Director | 1998-09-22 | 2004-07-20 |
| COLLISON, David | Director | 1998-08-05 | 1999-06-21 |
| DALE, Alan Christopher | Director | 2020-07-01 | 2023-12-06 |
| EARLE, George William Eric David | Director | 2004-10-20 | 2017-02-10 |
| EDELSTYN, Paul | Director | 1994-11-08 | 1994-11-16 |
| FARBROTHER, Robert William Ronald | Director | 1994-11-16 | 1998-04-03 |
| HEADON, Patrick Vincent | Director | 2019-04-01 | 2019-12-19 |
| HEARD, Gerald Anthony | Director | 1996-04-09 | 1998-03-13 |
| HORSNELL, Richard, Dr | Director | 1994-11-16 | 1998-03-17 |
| KENTLETON, Rachel Elizabeth | Director | 2017-02-10 | 2020-06-30 |
| LOGGIE, Robert John | Director | 1996-06-25 | 1998-01-21 |
| MCHARDY, Maxwell Stuart Charles Russell | Director | 1996-04-09 | 1997-07-14 |
| MORRISON, David John | Director | 2002-09-25 | 2004-10-20 |
| MURPHY, William Patrick | Director | 1996-04-04 | 1998-09-22 |
| NEWLANDS, David Baxter | Director | 1998-04-22 | 2004-10-20 |
| O'KEEFFE, Judith Victoria | Director | 1994-11-08 | 1994-11-16 |
| PAULL, Charles Arthur | Director | 1998-08-05 | 1998-09-22 |
| RICHARDSON, Martin Roger | Director | 1996-04-04 | 1998-09-22 |
| SAXTON, Peter William Harley | Director | 1996-10-18 | 2001-07-07 |
| SELLERS, Brian | Director | 1996-04-16 | 1998-11-30 |
| STEELE, Kim | Director | 2001-09-26 | 2004-09-13 |
| SUGDEN, Neil | Director | 1997-04-22 | 1998-09-22 |
| VON TROTHA TAYLOR, Dominic Clamor | Director | 1997-10-21 | 2019-04-01 |
| WATKIN REES, Timothy David | Director | 1996-04-16 | 2018-03-31 |
| WILTSHIRE, Mark | Director | 2000-01-26 | 2001-05-02 |
| WOOD, Andrew Richard | Director | 1996-04-04 | 1997-04-22 |
| NOROSE LIMITED | Corporate Nominee Director | 1994-10-03 | 1994-11-08 |
| NORTON ROSE LIMITED | Corporate Nominee Director | 1994-10-03 | 1994-11-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Paypoint Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 188 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-05 | AA | accounts | Accounts with accounts type full | |
| 2025-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-12-04 | AA | accounts | Accounts with accounts type full | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-20 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-02-19 | AA | accounts | Accounts with accounts type full | |
| 2024-02-01 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-01-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-07 | AA | accounts | Accounts with accounts type full | |
| 2022-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-14 | CH03 | officers | Change person secretary company with change date | |
| 2022-01-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-01-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2021-12-29 | AA | accounts | Accounts with accounts type full | |
| 2021-10-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-12 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.