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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-29

Confirmation statement due

2026-11-27 (in 6mo)

Last made up 2025-11-13

Watchouts

None on the register

Cash

£7M

-10% vs 2023

Net assets

£4M

+123.5% highest in 6 filed years

Employees

7

+600% highest in 6 filed years

Profit before tax

£3M

+938.6% vs 2023

Accounts

7-year trend · latest reflected 2024-12-29

Metric Trend 2018-12-312019-12-302020-12-292021-12-292022-12-292023-12-292024-12-29
Turnover £3,978,009£13,875,621
Operating profit £216,605£3,216,081
Profit before tax £322,341£3,347,961
Net profit £355,865£2,505,370
Cash £2£2£100£7,975,631£7,177,304
Total assets less current liabilities £2£2£378£215,519£1,658,851£3,730,488
Net assets £2£378£215,519£1,658,851£3,707,295
Equity £2£2£2£378£215,519£1,658,851£3,707,295
Average employees 100117
Wages £107,975£668,002
Directors' remuneration £102,147£421,948

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 2024-12-29 vs 2023-12-29

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 2018-12-312019-12-302020-12-292021-12-292022-12-292023-12-292024-12-29
Operating margin 5.4%23.2%
Net margin 8.9%18.1%
Return on capital employed 13.1%86.2%
Current ratio 1.18x1.35x
Interest cover 138.14x2020.15x

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.

Name history

Renamed 2 times since incorporation

  1. IXXOV LIMITED 2023-04-20 → present
  2. COSPAY HOLDINGS LIMITED 2019-02-19 → 2023-04-20
  3. PAYCO HOLDINGS LIMITED 2017-01-20 → 2019-02-19

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
DeanCoopers
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

  1. IXXOV LIMITED · parent
    1. Cardaq Limited 100% · UK
    2. Cardaq Cards CN Limited 100% · Canada
    3. Aqatin Canada Processing (UK) 100% · UK
    4. Aqatin Canada Processing (Canada) 100% · Canada
    5. Cardaq Information Servies Ltd (UK) 100% · UK
    6. Cardaq IR Limited 100% · Ireland
    7. Pridepay Limited (UK) 100% · UK
    8. United Space Finance Limited (UK) 100% · UK
    9. USF Tech Ltd 100% · Canada
    10. Cardaq Singapore Pte. Ltd 100% · Singapore
    11. Cardaq Singapore Ltd (UK) 100% · UK
    12. Teido (Uk) Limited 100% · United Kingdom

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

People

5 active · 2 resigned

Name Role Appointed Born Nationality
BROADWAY SECRETARIES LIMITED Corporate Secretary 2020-04-02
HADLEY, Peter Mark Director 2026-03-05 Mar 1970 British
LELOUP-MOUSSODIA, Stéphane Director 2026-04-09 Sep 1973 French
NIHAT, Noyan Director 2026-04-09 Feb 1969 British
REMI, Hugo Director 2019-01-31 Jun 1989 Latvian
Show 2 resigned officers
Name Role Appointed Resigned
ABEL, Stephen John Director 2017-01-20 2018-01-05
CARROLL, Miles Scott Director 2017-01-20 2019-02-27

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Hugo Remi Individual Shares 75–100%, Voting 75–100%, Appoints directors 2019-02-27 Active
Mr Miles Scott Carroll Individual Shares 75–100%, Voting 75–100% 2017-01-20 Ceased 2019-02-27
Mr Stephen John Abel Individual Shares 25–50%, Voting 25–50% 2017-01-20 Ceased 2018-01-05

Filing timeline

Last 20 of 58 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-03-18 RESOLUTIONS Resolution
  • 2026-03-18 MA Memorandum articles
  • 2023-05-09 RESOLUTIONS Resolution
Date Type Category Description
2026-04-14 CH01 officers Change person director company with change date PDF
2026-04-14 AP01 officers Appoint person director company with name date PDF
2026-04-14 AP01 officers Appoint person director company with name date PDF
2026-03-18 RESOLUTIONS resolution Resolution
2026-03-18 MA incorporation Memorandum articles
2026-03-09 AP01 officers Appoint person director company with name date PDF
2025-12-03 AA01 accounts Change account reference date company current extended PDF
2025-11-19 AA accounts Accounts with accounts type group
2025-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-24 AAMD accounts Accounts amended with accounts type group
2025-02-05 AD01 address Change registered office address company with date old address new address PDF
2024-12-18 AA accounts Accounts with accounts type total exemption full PDF
2024-11-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-11 AAMD accounts Accounts amended with accounts type group
2024-07-18 AD01 address Change registered office address company with date old address new address PDF
2024-06-20 AAMD accounts Accounts amended with accounts type full
2024-04-23 AD01 address Change registered office address company with date old address new address PDF
2023-12-28 AA accounts Accounts with accounts type total exemption full PDF
2023-11-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-09 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
0

last 24 months

Officers appointed
3

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