FREEMARKETFX LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +13.6%

  £14,706,280 → £16,707,673

• Cash

  -9.7%

  £11,466,733 → £10,360,151

• Net assets

  -4.2%

  £10,164,405 → £9,732,521

• Employees

  +17.5%

  97 → 114

• Operating profit

  -37.3%

  -£3,540,528 → -£4,859,909

• Profit before tax

  +63.3%

  -£1,834,842 → -£672,796

• Wages

  +17.5%

  £8,890,911 → £10,444,174

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. FREEMARKETFX LIMITED 2011-11-22 → present
2. CEDEL CAPITAL LIMITED 2010-06-18 → 2011-11-22

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have carefully reviewed the future prospects of the Group and Company and have prepared financial projections and cashflow forecasts. The Group and Company have continued to increase trading revenues post year end. The conclusion of a fund raise within the year provides the Group with further funds to support growth and expansion. Having reviewed their forecast and concluded their assessment, the Directors have a reasonable expectation that the Group and Company have adequate resources to continue in operational existence for the foreseeable future being at least the next 12 months from the signing of these financial statements. For this reason the Directors continue to adopt the going concern basis for the preparation of the Financial Statements.”

Group structure

1. FREEMARKETFX LIMITED · parent
   1. FreemarketFX Ireland Limited 100% · Republic of Ireland · Payment service provider

Significant events

• “2024 was a challenging but pivotal year for the business, as we reinforced our "Go-To-Market" strategy. strengthened relationships with key customers and restructured the commercial function to better serve our client base with industry-specific expertise being deployed into the industry verticals which we serve.”

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

3

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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