FAIRSCORE LTD

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

  +31.2%

  £23,021,817 → £30,194,243

• Cash

  -34.3%

  £3,480,939 → £2,285,337

• Net assets

  -136.5%

  -£2,605,450 → -£6,161,245

  lowest in 4 filed years

• Employees

  +15.6%

  32 → 37

  highest in 4 filed years

• Operating profit

  +5%

  -£6,143,671 → -£5,838,926

• Profit before tax

  +1.9%

  -£6,141,135 → -£6,026,508

• Wages

  +8.7%

  £2,023,674 → £2,200,654

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

Magma Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed the future projections for the Company and the Group and are satisfied that the going concern basis of preparation for these financial statements remains appropriate.”

Group structure

1. FAIRSCORE LTD · parent
   1. Vault Finance Limited 100% · Providing bank account overdraft debt solutions
   2. Fairscore India Private Limited 81.25% · India · Providing bank account overdraft debt solutions
   3. Warmlyvault Limited 100% · Financial intermediation

Significant events

• “In June 2025, the facility with National Westminster Bank was amended. The amendment resulted in the extension of the facility to the end of the 2025 financial year, the reduction of the applicable margin from 3.5% to 2.5% and the increase in the level of facility limit for certain assets through the increase of the borrowing base.”
• “In August 2025, the company issued £1.9m of new unsecured convertible loan notes, known as Fairscore H Convertible Notes. The redemption date is 8th February 2027. Interest accrues on the principal amount outstanding at 15% per annum.”
• “In June 2025, the agreement with Quilam Special Opportunities 2 Limited was amended. The amendment extended the original term of the agreement, reduced the applicable margins across the facilities and increased the available facility limit.”

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

Filings

6

last 12 months

Capital events

2

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.