PAYNETICS UK LIMITED

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

  +184.2%

  £1,324,370 → £3,764,351

  highest in 4 filed years

• Cash

  +66.3%

  £7,977,904 → £13,269,682

• Net assets

  +4.3%

  £623,060 → £649,878

• Employees

  +25%

  4 → 5

• Operating profit

  -128.1%

  £38,180 → -£10,737

• Profit before tax

  -22.2%

  £34,482 → £26,818

  first positive since 2021

• Wages

  +61.6%

  £329,899 → £532,992

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Zenith Audit Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for at least twelve months from the date these financial statements are approved. [...] Paynetics AD Bulgaria, the immediate parent company, has provided the company with an undertaking that for a period of at least 12 months from the date of approval of these financial statements, it will make available such funds as are needed by the company to enable it to meet its liabilities as and when they fall due. This together with its own working capital will, in the opinion of the directors, enable the company to continue in operational existence for the foreseeable future.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.