UNISYS PAYMENT SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 1 to the financial statements, which describes the basis of preparation of the financial statements. As described in that note, the company is no longer trading and therefore the directors do not consider it to be appropriate to adopt the going concern basis of preparation in preparing the financial statements. Accordingly the directors have prepared the financial statements on a basis other than the going concern basis of preparation.

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -6.3%

  -£53,847,000 → -£57,246,000

• Employees

  —

  Not reported

• Operating profit

  +15.5%

  -£438,000 → -£370,000

• Profit before tax

  -12.3%

  -£4,034,000 → -£4,531,000

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

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.

1. UNISYS PAYMENT SERVICES LIMITED 1995-02-03 → present
2. TRAVELMAIN LIMITED 1994-11-01 → 1995-02-03

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 1 to the financial statements, which describes the basis of preparation of the financial statements. As described in that note, the company is no longer trading and therefore the directors do not consider it to be appropriate to adopt the going concern basis of preparation in preparing the financial statements. Accordingly the directors have prepared the financial statements on a basis other than the going concern basis of preparation.”

Significant events

• “In recent years the company has not had active contracts, since previous engagements ended in 2019 and holds no cash as at 31 December 2024. As such, the directors concluded in 2022 that the company was no longer actively undertaking its principal activity.”
• “In March 2021 the Company entered into a refinancing arrangement with Unisys Limited. Under this arrangement amounts repayable on demand by the Company were converted, at book value on date of transfer, to fixed term loan payable with a repayment date of March 2041.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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