GLINT PAY UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-03 (in 3mo)
Last made up 2025-07-20
Watchouts
Cash
£87K
-50.4% vs 2023
Net assets
-£1M
-148.7% vs 2023
Employees
21
+23.5% vs 2023
Profit before tax
-£4M
-121.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
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Material uncertainty over going concern
Whilst the directors, having considered all known factors, are comfortable that the base case forecast supports the going concern assumption, the directors recognise that the group's reliance on securing additional funding represents a material uncertainty that may cast significant doubt on the group and company's ability to continue to operate as a going concern.
Net assets
7-year trend · vs Technology median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £281,275 | £292,532 | |
| Operating profit | — | — | — | — | — | £20,277,104 | -£4,238,534 | |
| Profit before tax | — | — | — | — | -£5,396,557 | £20,073,922 | -£4,238,534 | |
| Net profit | — | — | — | — | -£5,021,468 | £20,362,981 | -£4,238,534 | |
| Cash | — | — | — | — | £31,119 | £176,134 | £87,384 | |
| Total assets less current liabilities | — | — | — | — | -£17,585,821 | £2,725,042 | -£1,327,930 | |
| Net assets | — | — | — | — | — | £2,725,042 | -£1,327,930 | |
| Equity | — | — | — | — | -£17,585,821 | £2,725,042 | -£1,327,930 | |
| Average employees | — | — | — | — | 24 | 17 | 21 | |
| Wages | — | — | — | — | — | £1,618,409 | £1,587,003 | |
| Directors' remuneration | — | £93,684 | £92,004 | £92,004 | £130,668 | £142,500 | £142,500 |
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
+4%
£281,275 £292,532
-
Cash
-50.4%
£176,134 £87,384
-
Net assets
-148.7%
£2,725,042 -£1,327,930
-
Employees
+23.5%
17 21
-
Operating profit
-120.9%
£20,277,104 -£4,238,534
-
Profit before tax
-121.1%
£20,073,922 -£4,238,534
-
Wages
-1.9%
£1,618,409 £1,587,003
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Return on capital employed | — | — | — | — | — | 744.1% | 319.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 44.0% | 129.9% | |
| Current ratio | — | — | — | — | — | 0.96x | 0.34x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Whilst the directors, having considered all known factors, are comfortable that the base case forecast supports the going concern assumption, the directors recognise that the group's reliance on securing additional funding represents a material uncertainty that may cast significant doubt on the group and company's ability to continue to operate as a going concern.”
Significant events
- “Under the Government's R&D tax relief scheme the company has successfully made claims in respect of previous accounting periods. £454,654 has been received in October 2025 in relation to 2022 R&D projects, 2023 R&D claim is in progress.”
- “The nature of the company's activities resulted in a significant investment of £675,313 (2023: £1,131,657) in R&D projects in the year.”
- “Following the successful launch of version 3 of the Glint Pay app in late 2023, the group streamlined its operations and enhanced efficiency, reducing fixed costs whilst maintaining high service standards and platform stability.”
- “The Board has approved a new growth funding round designed to accelerate customer acquisition and drive further revenue expansion.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOLITHO, Oliver Robert Morgan | Director | 2017-05-05 | Nov 1967 | British |
| COZENS, Jason David | Director | 2015-07-21 | May 1970 | British |
| FUKUDA, Haruko | Director | 2017-05-05 | Jul 1946 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Benjamin Philip Morley | Director | 2015-07-21 | 2018-11-27 |
| GRUBB, Marcus Simon Ashley | Director | 2017-05-05 | 2023-05-16 |
| MAHAFFEY, Mark Stuart | Director | 2015-07-21 | 2018-11-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Glint Pay Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-21 | Active |
| Mr Jason Cozens | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-07-21 |
Filing timeline
Last 20 of 78 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-18 | CH01 | officers | Change person director company with change date | |
| 2026-01-09 | AA | accounts | Accounts with accounts type full | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-15 | CH01 | officers | Change person director company with change date | |
| 2025-04-15 | CH01 | officers | Change person director company with change date | |
| 2025-04-15 | CH01 | officers | Change person director company with change date | |
| 2025-04-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-16 | AA | accounts | Accounts with accounts type full | |
| 2024-08-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-07 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-08-06 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-31 | AA | accounts | Accounts with accounts type full | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-24 | AA | accounts | Accounts with accounts type full | |
| 2022-06-21 | CH01 | officers | Change person director company with change date | |
| 2022-06-21 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.