EURONET PAYMENT SERVICES LIMITED

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +13.2%

  £42,788,582 → £48,424,500

• Cash

  +11.6%

  £4,337,590 → £4,841,470

• Net assets

  +6.3%

  £15,004,690 → £15,944,255

• Employees

  -25%

  16 → 12

• Operating profit

  +308.6%

  -£278,264 → £580,344

• Profit before tax

  +868%

  -£247,912 → £1,903,993

• Wages

  -28.4%

  £1,037,750 → £742,893

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

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company has net assets of €18,334,299 of which €47,118,453 is owed by group companies. The company has €15,595,793 included within trade creditors representing liabilities owed to customers which could be claimed at any point in the next twelve months. As a result, the ultimate parent company, Euronet Worldwide Inc has pledged financial support to enable the company to continue to trade and meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements. As a result, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “2024 saw a strong performance in terms of revenues, which increased year-on year by c.€6m, as the Company took advantage of the strength of the RIA brand within the market place.”
• “Consequences of war in Ukraine and Brexit on both the UK economy and global economy are the main sources of risks for the Company. Both factors have adversely impacted the Money remittance sector by decreasing the volume sent by our customers and the number of foreign workers present in the country which in turn negatively affected our activities in both 2023 and 2024.”
• “The company has entered into an Off Balance Sheet arrangement where it has purchased a company guarantee bond of £31,150,000 which guarantees payment of relevant funds on an Insolvency Event.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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