EQUALS MONEY UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-30
Confirmation statement due
2026-12-15 (in 7mo)
Last made up 2025-12-01
Watchouts
None on the register
Cash
£4M
+6.7% vs 2023
Net assets
£6M
+3.7% vs 2023
Employees
82
0% vs 2023
Profit before tax
£2M
-24.5% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £8,817,565 | £8,852,253 | |
| Operating profit | £2,990,524 | £2,264,556 | |
| Profit before tax | £2,947,677 | £2,225,742 | |
| Net profit | £2,978,514 | £2,196,054 | |
| Cash | £3,336,536 | £3,561,645 | |
| Total assets less current liabilities | £6,327,377 | £6,494,623 | |
| Net assets | £5,345,688 | £5,541,742 | |
| Equity | £5,345,688 | £5,541,742 | |
| Average employees | 82 | 82 | |
| Wages | £1,375,245 | £1,539,514 | |
| Directors' remuneration | £0 | £0 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.4%
£8,817,565 £8,852,253
-
Cash
+6.7%
£3,336,536 £3,561,645
-
Net assets
+3.7%
£5,345,688 £5,541,742
-
Employees
0%
82 82
-
Operating profit
-24.3%
£2,990,524 £2,264,556
-
Profit before tax
-24.5%
£2,947,677 £2,225,742
-
Wages
+11.9%
£1,375,245 £1,539,514
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 33.9% | 25.6% | |
| Net margin | 33.8% | 24.8% | |
| Return on capital employed | 47.3% | 34.9% | |
| Gearing (liabilities / total assets) | 25.5% | 25.2% | |
| Current ratio | 5.96x | 5.90x | |
| Interest cover | 69.80x | 41.78x |
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 1 time since incorporation
- EQUALS MONEY UK LIMITED 2022-09-26 → present
- SPECTRUM PAYMENT SERVICES LIMITED 2007-06-04 → 2022-09-26
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On 11th December 2024, the Directors reached an agreement on the terms of a recommended sale of Equals Group plc and its subsidiaries (including the Company)... While the Directors do not have any reason to believe that the acquirer will not continue to support the Equals Group... the Directors do not have certainty over the future plans or strategy for the Company under the prospective new owners... this indicates the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. Notwithstanding this uncertainty, the Directors are satisfied that the going concern-basis remains appropriate for the preparation of the financial statements.”
Significant events
- “On 11th December 2024, the Board announced that they had reached agreement on the terms of a recommended all cash acquisition of the entire issued and to be issued ordinary share capital of Equals Group Plc (the "Acquisition"). The sale includes the whole of Equals Group Plc and its subsidiaries. Under the terms of the Acquisition, Equals Shareholders shall be entitled to receive 140 pence in cash, comprising a cash consideration of 135 pence per share plus a special dividend payment of 5 pence in cash per share (the "Special Dividend").”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLANGELI, Rosanna | Secretary | 2021-08-01 | — | — |
| BOON, Matthijs | Director | 2019-06-13 | Nov 1976 | Dutch |
| CAMPBELL, Ian Peter | Director | 2021-04-26 | Jul 1985 | British |
| NEWLAND, Matthew Thomas | Director | 2021-01-22 | Nov 1983 | British |
| PHILLIPS, Andrew John | Director | 2021-01-22 | Jan 1981 | British |
| SIMCOX, James Lingard | Director | 2022-05-19 | Jan 1993 | British |
| STRAFFORD TAYLOR, Ian Alexander Irving | Director | 2017-08-25 | Oct 1960 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVANS, Paul Reginald | Secretary | 2015-03-25 | 2017-08-25 |
| MERCER, John Alexander | Secretary | 2007-07-01 | 2007-11-13 |
| QUIRKE, Anthony James | Secretary | 2019-08-06 | 2021-08-01 |
| ROBERTS, Alexander Joseph | Secretary | 2007-11-13 | 2015-03-23 |
| RWL REGISTRARS LIMITED | Corporate Secretary | 2007-06-04 | 2007-06-04 |
| AINSCOUGH, James | Director | 2008-01-14 | 2009-02-06 |
| CHAN, Leon Wai Sun | Director | 2007-07-01 | 2008-01-01 |
| CODLING, Stuart | Director | 2009-02-06 | 2017-08-25 |
| COOPER, Richard Quentin Mortimer | Director | 2021-01-22 | 2025-02-28 |
| ENGLAND, Simon | Director | 2021-01-22 | 2025-04-30 |
| HYDER, Richard Bruce | Director | 2007-07-01 | 2012-04-30 |
| MERCER, John Alexander | Director | 2009-02-06 | 2017-08-25 |
| MERCER, John Alexander | Director | 2007-07-01 | 2008-10-20 |
| MERCER, John Paul | Director | 2007-07-01 | 2008-01-01 |
| MERCER, Paul | Director | 2009-02-06 | 2015-02-27 |
| QUIRKE, Anthony James | Director | 2017-08-25 | 2021-01-21 |
| RIGLER, Adam David | Director | 2007-07-01 | 2019-12-19 |
| SOLOMON, Gary | Director | 2007-07-01 | 2009-02-06 |
| RWL DIRECTORS LIMITED | Corporate Director | 2007-06-04 | 2007-06-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Equals Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-01-01 | Active |
| Spectrum Financial Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2020-01-01 |
Filing timeline
Last 20 of 111 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-08 MA Memorandum articles
- 2026-01-08 RESOLUTIONS Resolution
- 2022-09-26 CERTNM Certificate change of name company
- 2022-09-26 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-08 | MA | incorporation | Memorandum articles | |
| 2026-01-08 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-05-23 | AA | accounts | Accounts with accounts type full | |
| 2025-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-23 | CH01 | officers | Change person director company with change date | |
| 2025-03-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-21 | AA | accounts | Accounts with accounts type full | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-14 | AA | accounts | Accounts with accounts type full | |
| 2022-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-26 | CERTNM | change-of-name | Certificate change of name company | |
| 2022-09-26 | CONNOT | change-of-name | Change of name notice | |
| 2022-06-23 | AA | accounts | Accounts with accounts type full | |
| 2022-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-18 | RP04PSC07 | persons-with-significant-control | Second filing cessation of a person with significant control | |
| 2022-01-18 | RP04PSC02 | persons-with-significant-control | Second filing notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.