VIVA WALLET.COM 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

  +325.3%

  £3,597,122 → £15,296,894

• Cash

  +46.2%

  £25,298,624 → £36,985,917

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  +35.8%

  -£3,938,037 → -£2,528,160

• Profit before tax

  +32%

  -£3,948,849 → -£2,684,080

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.

1. VIVA WALLET.COM LTD 2018-06-04 → present
2. VIVA WALLET LTD 2018-05-10 → 2018-06-04

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In preparing these financial statements, the Directors are required to satisfy themselves that the Company is able to continue as a going concern over the following 12 months, so that the going concern basis can be adopted. In assessing this the Directors have considered a number of risks and mitigating actions. The Directors have continued to review the impact of the market as well the UK and European economic outlook on trading performance and cost management programmes which have been executed in response. They have also reviewed financial forecasts and liquidity projections and assessed the need for any cash injections from the parent company to meet its financial commitments. Management have also assessed the benefits to the Company of being part of a larger group which provides significant access to additional liquidity. The company has set out plans for moderate volume growth that management reasonably expect will grow the profitability of 'the Company. Although the Company may need to raise additional liquidity to facilitate stronger growth, it has created financial plans to ensure sufficient resources are available without the need to raise any external funding.”

Significant events

• “The Company secured additional investment of £5.0m from its parent company in January 2024.”
• “Since being granted its own EMI licence by the FCA in December 2023, it is able to offer a wide range of payment services, including acquiring and card issuing services to businesses across the UK.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.