GLINT PAY SERVICES LTD

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ⚠

  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.

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

  -28.7%

  £124,681,989 → £88,950,287

• Cash

  +22.4%

  £3,751,311 → £4,590,220

  highest in 5 filed years

• Net assets

  +86.8%

  £700,728 → £1,309,016

  highest in 4 filed years

• Employees

  —

  Not reported

• Operating profit

  -88.4%

  £482,014 → £56,040

  first positive since 2020

• Profit before tax

  -80.2%

  £548,056 → £108,288

  first positive since 2022

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

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

• “The company also successfully introduced silver as a new asset on the platform in December 2024, with client holdings reaching 3,983,507 grams by year end.”
• “Following the successful launch of Version 3 of the Glint retail app in late 2023 and, throughout 2024, focused on operational streamlining and efficiency initiatives.”

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

1

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.