CAMBRIDGE MERCANTILE CORP. (UK) LIMITED

• ◆

  4 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +17.3%

  £68,749,000 → £80,668,000

• Cash

  -52.3%

  £35,992,000 → £17,159,000

• Net assets

  +281.2%

  -£75,505,000 → £136,838,000

• Employees

  -4.7%

  215 → 205

• Operating profit

  +5,518%

  £200,000 → £11,236,000

• Profit before tax

  +128.6%

  £12,813,000 → £29,286,000

• Wages

  -4%

  £24,121,000 → £23,149,000

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future for a period of 12 months from the date of the approval of these financial statements. As of 31 December 2024, the Company has net current liabilities amounting to £464,654k (2023: £338,601k) and net assets amounting to £136,838k (2023: net liabilities of £75,505k).”

Group structure

1. CAMBRIDGE MERCANTILE CORP. (UK) LIMITED · parent
   1. Cambridge Mercantile Risk Management (UK) Ltd. 100% · UK · Financial services (derivative products)

Significant events

• “In December 2024, the Company's ultimate parent Company, Corpay, Inc., completed the acquisition of GPS Capital Markets, LLC and its subsidiaries (collectively "GPS Group"), a provider of cross-border payment solutions...”
• “In January 2025, each non-US affiliate within the Corpay Cross-Border Group of Companies, including the Company, entered a Deed of Guarantee and Indemnity Agreement to serve as a guarantor to Corpay Trading Canada, Inc. ("CTCC")...”
• “On 29 April 2025, Corpay, Inc., announced its intention to sell approximately a 3% ownership interest in its Cross-Border business to Mastercard.”
• “On 30 June 2025, the Company issued 1 ordinary share in exchange for £134,839k to its sole owner FleetCor UK Acquisition Limited.”
• “On 30 June 2025, the Company settled the notes payable including the accrued interest to Foreign Currency Exchange Limited, Global Reach Partners Limited amounting to £27,456k, £1,757k and £96,957k, respectively.”
• “On 30 June 2025, the Company contributed £8,669k to its subsidiary, Cambridge Mercantile Risk Management Limited in exchange for 1 ordinary share.”

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

Filings

13

last 12 months

Capital events

1

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.