PSI - PAY LTD

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

• ◆

  1 PSC 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

  -27.5%

  £4,467,057 → £3,237,963

• Cash

  -16.2%

  £2,765,172 → £2,315,933

• Net assets

  +6.9%

  £3,799,403 → £4,060,037

• Employees

  -16.7%

  18 → 15

• Operating profit

  -130.4%

  -£562,252 → -£1,295,611

• Profit before tax

  -48.9%

  £689,567 → £352,259

• Wages

  -10.9%

  £1,388,916 → £1,237,827

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. PSI - PAY LTD 2008-01-23 → present
2. PAYMENT SERVICES INFRASTRUCTURE LIMITED 2006-08-08 → 2008-01-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG Audit LLC

Audit opinion

Disclaimer of opinion

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “On 10 November 2023, a sale and purchase agreement was signed transferring the shares of PSI Limited, the parent company, thus making Mr Jonathan Amrani the ultimate controlling party holding 60 per cent of the issued share capital of the parent.”

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.