IBIDEM CAPITAL LIMITED

• ◆

  5 officer resignations in last 12 months

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

• ◆

  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

  +15%

  £25,357,955 → £29,161,134

• Cash

  +24%

  £2,418,741 → £2,999,163

  highest in 6 filed years

• Net assets

  -59.4%

  -£8,833,820 → -£14,079,904

• Employees

  +17.1%

  299 → 350

  highest in 6 filed years

• Operating profit

  +140.2%

  -£550,182 → £220,930

• Profit before tax

  +3.2%

  -£5,523,712 → -£5,348,346

• Wages

  +15.6%

  £12,263,374 → £14,171,673

  highest in 6 filed years

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

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors therefore have a reasonable expectation that the group has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements and thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. IBIDEM CAPITAL LIMITED · parent
   1. Integrated International Payroll (Holdings) Limited 100% · United Kingdom · Interim holding company
   2. Integrated International Payroll Limited 100% · United Kingdom · Provision of international payroll services
   3. Integrated International Payroll (Hong Kong) Limited 100% · Hong Kong · Dormant
   4. Integrated International Payroll SARL 100% · France · Provision of international payroll services
   5. Integrated International Payroll KFT 100% · Hungary · Provision of international payroll services
   6. Integrated International Payroll SP ZOO 100% · Poland · Provision of international payroll services
   7. Integrated International Payroll (PTE.) LTD. 100% · Singapore · Provision of international payroll services
   8. Integrated International Payroll LLC 100% · United States of America · Provision of international payroll services
   9. IIPROLL MEXICO, S.A DE C.V 100% · Mexico · Provision of international payroll services
   10. Integrated International Payroll S. R. L. 100% · Romania · Provision of international payroll services
   11. Integrated International Payroll (Espana), S.L. 100% · Spain · Provision of international payroll services
   12. Integrated International Payroll Gmbh 100% · Germany · Provision of international payroll services

Significant events

• “On 27 February 2025, Teakiipay Holdings LLC, the immediate parent of Ibidem Capital Ltd ("Ibidem"), entered into an Equity Purchase Agreement whereby its entire equity interest in Ibidem has been sold to a third party, subject to FCA regulatory approval. The acquisition is on a debt-free and cash-free basis and on completion all third-party debt shall be repaid in full. Completion is expected in the second quarter of 2025.”

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

Filings

20

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

5

last 12 months

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