PAGONXT PAYMENTS UK LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-01 (in 2mo)
Last made up 2025-06-17
Watchouts
Cash
£4M
EUR 5,101,887
+328.6% vs 2023
Net assets
£4M
EUR 4,890,111
+132% vs 2023
Employees
12
+9.1% vs 2023
Profit before tax
-£3M
EUR -3,490,083
-39.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
During 2025, the Directors made a decision to cease trading and to discontinue the operations of the Company. Consequently, these financial statements are prepared on an 'other than going concern' basis.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£2,183,532 | -£3,100,716 | |
| Profit before tax | -£2,182,503 | -£3,035,119 | |
| Net profit | -£1,666,297 | -£2,276,263 | |
| Cash | £1,035,268 | £4,436,809 | |
| Total assets less current liabilities | — | — | |
| Net assets | £1,832,843 | £4,252,640 | |
| Equity | £1,832,843 | £4,252,640 | |
| Average employees | 11 | 12 | |
| Wages | £1,481,011 | £1,788,478 | |
| Directors' remuneration | — | £280,400 |
Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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
—
Not reported
-
Cash
+328.6%
£1,035,268 £4,436,809
-
Net assets
+132%
£1,832,843 £4,252,640
-
Employees
+9.1%
11 12
-
Operating profit
-42%
-£2,183,532 -£3,100,716
-
Profit before tax
-39.1%
-£2,182,503 -£3,035,119
-
Wages
+20.8%
£1,481,011 £1,788,478
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 31.1% | 26.6% | |
| Current ratio | 5.99x | 3.76x | |
| Interest cover | — | -52554.51x |
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 1 time since incorporation
- PAGONXT PAYMENTS UK LTD. 2024-03-01 → present
- PAGOFX UK LTD 2019-06-18 → 2024-03-01
Audit & accounting basis
- Accounting basis
- UK-adopted international accounting standards
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“During 2025, the Directors made a decision to cease trading and to discontinue the operations of the Company. Consequently, these financial statements are prepared on an 'other than going concern' basis.”
Significant events
- “On 1 March 2024 PagoFX UK Ltd changed its name to PagoNxt Payments UK Ltd.”
- “During 2025, the Directors made a decision to cease trading and to discontinue the operations of the Company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CALDERON IGAREDA, Jose Luis | Director | 2024-10-02 | Feb 1972 | Spanish |
| NASH, Dean, Mr. | Director | 2023-11-08 | Sep 1980 | British |
| SUAREZ PONCE DE LEON, Miguel | Director | 2022-12-05 | Dec 1981 | Spanish,British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHINCHILLA MADUEÑO, Alejandra | Secretary | 2020-11-19 | 2023-08-01 |
| GINER, Salvador | Secretary | 2021-04-28 | 2023-10-10 |
| MEYER-PELLEGRINI, Emilio | Secretary | 2019-06-18 | 2021-04-28 |
| GONZALEZ TOBAR, Alberto | Director | 2020-02-24 | 2023-11-27 |
| LARDIES PELEGAY, Fernando | Director | 2022-12-05 | 2024-03-25 |
| LOBO CARTAGENA, Carolina | Director | 2019-06-18 | 2019-12-31 |
| MENAGER, Cedric | Director | 2019-06-18 | 2022-04-29 |
| PATEL, Chirag | Director | 2019-06-18 | 2021-05-28 |
| WHITE, Robert, General Manager | Director | 2024-03-25 | 2025-12-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Banco Santander, S.A. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-06-18 | Active |
Filing timeline
Last 20 of 49 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-01 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-21 | SH01 | capital | Capital allotment shares | |
| 2024-10-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-23 | AA | accounts | Accounts with accounts type full | |
| 2024-07-17 | SH01 | capital | Capital allotment shares | |
| 2024-06-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-18 | CH01 | officers | Change person director company with change date | |
| 2024-04-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-01-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-18 | AA | accounts | Accounts with accounts type full | |
| 2023-08-01 | SH01 | capital | Capital allotment shares | |
| 2023-08-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-07-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-09 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
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.