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Cash

£1.1m

Latest balance sheet

Net assets

-£7.9m

Equity attributable

Employees

30

Average over period

Profit before tax

-£7.5m

Period ending 2023-12-31

Accounts

1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-31 Δ vs prior
Turnover £14,418,000
Operating profit -£7,441,000
Profit before tax -£7,492,000
Net profit -£7,496,000
Cash £1,108,000
Total assets less current liabilities -£2,605,000
Net assets -£7,879,000
Equity -£7,879,000
Average employees 30
Wages £3,609,000
Directors' remuneration £425,000
Highest paid director £292,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-31
Operating margin -51.6%
Net margin -52.0%
Gearing (liabilities / total assets) 200.5%
Current ratio 0.42x
Interest cover -47.39x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“These financial statements have been prepared on a going concern basis. In preparing the financial statements the directors have taken into account all information that could reasonably be expected to be available for the following 12 months from the date of signing the financial statements and beyond. The directors have considered the net liabilities, future projected performance, the Company's ongoing cash requirements, amounts owed by Paymentology Group undertakings and amounts due to Paymentology Group undertakings and the letter of support received from the ultimate Parent Company. As a result of the review and the support from Teya Holdings Ltd., the ultimate Parent Company of the Teya Group, the directors are confident the Company has sufficient resources to continue as a going concern or at least to prepare the financial statements on a going concern basis.”

Group structure

  1. PAYMENTOLOGY LIMITED · parent
    1. Meawallet AS 100% · Norway
    2. Paymentology Latvia SIA 100% · Latvia

Significant events

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

People

3 active · 4 resigned

Name Role Appointed Born Nationality
BREWER, Rowan Michael Director 2021-12-06 Feb 1975 British
PARKER, Jeffrey Thomas Alan Director 2024-04-22 May 1977 British
PINTO, Felipe Director 2023-01-01 May 1979 Italian
Show 4 resigned officers
Name Role Appointed Resigned
KOUTERIS, Grigoris Director 2021-02-26 2023-10-04
O'HARA, Shane Director 2015-07-03 2022-04-29
PATEL, Akshay Director 2017-02-01 2021-12-03
ROLPH, Michael Daniel Director 2021-02-26 2022-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Eduardo Cunha Monnerat Solon De Pontes Individual Voting 25–50% 2023-12-22 Active
Andre Reis Friede Street De Aguiar Individual Voting 25–50% 2023-12-22 Active
Salt Pay Europe Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-02-26 Ceased 2023-03-03
Mr Shane Ohara Individual Shares 75–100% 2016-04-06 Ceased 2021-02-26

Filing timeline

Last 20 of 64 total filings

Date Type Category Description
2026-08-13 AA accounts Accounts with accounts type full
2026-07-15 AP01 officers Appoint person director company with name date PDF
2026-05-27 SH01 capital Capital allotment shares PDF
2026-05-07 SH01 capital Capital allotment shares PDF
2026-03-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-08 AD01 address Change registered office address company with date old address new address PDF
2025-10-01 AD01 address Change registered office address company with date old address new address PDF
2025-09-22 AA accounts Accounts with accounts type full
2025-04-02 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-26 SH01 capital Capital allotment shares PDF
2025-03-25 SH01 capital Capital allotment shares PDF
2025-03-13 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-03-13 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-03-13 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2024-11-21 SH01 capital Capital allotment shares PDF
2024-10-31 AA accounts Accounts with accounts type full
2024-04-26 CS01 confirmation-statement Confirmation statement with updates PDF
2024-04-24 SH01 capital Capital allotment shares PDF
2024-04-23 AP01 officers Appoint person director company with name date PDF
2023-12-24 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
5

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.

Official Companies House page