CLEARPAY FINANCE LIMITED

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

  +41.4%

  £103,754,176 → £146,752,698

• Cash

  -45.5%

  £70,126,535 → £38,230,323

• Net assets

  +521.6%

  £5,925,972 → £36,838,261

• Employees

  -15.3%

  111 → 94

• Operating profit

  +254.9%

  £11,425,219 → £40,551,519

• Profit before tax

  +254.9%

  £11,425,219 → £40,551,519

• Wages

  -9.5%

  £9,020,797 → £8,166,184

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

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.

1. CLEARPAY FINANCE LIMITED 2017-11-07 → present
2. SMARTCHECK LIMITED 2004-08-05 → 2017-11-07

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. As at 31 December 2024, the Company has available net assets of £36,838,261 (2023: £5,925,972) and is in a position to continue its operations and meet its obligations as they become due. Furthermore, the Company's Ultimate Parent company, Block, Inc. has agreed to provide financial support for at least the next 12 months from the date of this report to allow the Company to continue trading and to meet its liabilities as they fall due for payment.”

Group structure

1. CLEARPAY FINANCE LIMITED · parent
   1. Clearpay Receivables Warehouse 2020-1 Limited 100% · England and Wales · Financial intermediary
   2. Clearpay Receivables Warehouse 2020-2 Limited 100% · England and Wales · Financial intermediary

Significant events

• “On 30 November 2024, as part of Block, Inc.'s internal legal entity restructuring efforts, the Company and its wholly owned subsidiaries were transferred from its immediate parent undertaking, Afterpay Pty Ltd, an indirect wholly owned subsidiary of Block, to Block XYZ Technology LLC ("Block XYZ" or "Immediate Parent") another indirect wholly owned subsidiary of Block.”

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

Filings

11

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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