FORISGFS UK LIMITED
Get an alert when FORISGFS UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-18 (in 1y)
Last made up 2026-05-04
Watchouts
None on the register
Cash
£11M
+38.8% highest in 4 filed years
Net assets
£11M
+49.6% highest in 5 filed years
Employees
109
+7.9% vs 2023
Profit before tax
£21K
+100.2% first positive since 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £18,200,354 | £26,637,969 | £16,045,583 | £18,611,024 | |
| Operating profit | — | — | £1,348,173 | -£2,204,331 | -£13,061,999 | -£393,630 | |
| Profit before tax | — | — | £1,348,173 | -£2,204,331 | -£13,061,999 | £21,416 | |
| Net profit | £135,746 | — | £1,074,725 | -£2,334,897 | -£12,876,741 | £3,379,340 | |
| Cash | — | — | £2,992,359 | £222,148 | £8,226,295 | £11,421,848 | |
| Total assets less current liabilities | £135,747 | — | £5,248,738 | -£17,734 | £9,128,543 | £13,214,766 | |
| Net assets | £135,747 | — | £1,300,638 | -£729,879 | £7,589,099 | £11,351,491 | |
| Equity | £135,747 | £135,747 | £1,300,638 | -£729,879 | £7,589,099 | £11,351,491 | |
| Average employees | 2 | — | 12 | 118 | 101 | 109 | |
| Wages | — | — | £6,159,530 | £10,776,854 | £13,165,448 | £13,726,890 | |
| Directors' remuneration | — | — | £29,161 | £11,665 | £169,292 | £304,493 |
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 2024-12-31 vs 2023-12-31
-
Turnover
+16%
£16,045,583 £18,611,024
-
Cash
+38.8%
£8,226,295 £11,421,848
highest in 4 filed years
-
Net assets
+49.6%
£7,589,099 £11,351,491
highest in 5 filed years
-
Employees
+7.9%
101 109
-
Operating profit
+97%
-£13,061,999 -£393,630
-
Profit before tax
+100.2%
-£13,061,999 £21,416
first positive since 2023
-
Wages
+4.3%
£13,165,448 £13,726,890
highest in 4 filed years
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 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 7.4% | -8.3% | -81.4% | -2.1% | |
| Net margin | — | — | 5.9% | -8.8% | -80.3% | 18.2% | |
| Return on capital employed | — | — | 25.7% | 12430.0% | -143.1% | -3.0% | |
| Current ratio | — | — | — | — | 1.32x | 2.50x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnsons Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On 1 December 2023, the Company obtained the UK Electronic Money and Payment Institution ("EMI" licence) from the UK financial Conduct Authority with the plan to start issuing prepaid cards and fiat wallet services to customers under its licence.”
- “On 17 June 2024, the customers were transferred back to ForisGFS UK Limited and the Company started to operate its licence and started issuing prepaid cards and providing fiat wallets services to its users.”
- “On 30 June 2023, the Company received a £15 million capital injection from its immediate parent, in order to maintain sufficient capital resources and sufficient regulatory capital once the UK card programme became localised during 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VISTRA COSEC LIMITED | Corporate Secretary | 2025-09-10 | — | — |
| DE MARCO E MELO, Rafael | Director | 2020-05-05 | Apr 1975 | Brazilian |
| LORENZO, Antonio Alvarez | Director | 2023-03-03 | Apr 1969 | Spanish |
| TUCKER, George Fraser | Director | 2024-01-16 | May 1979 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TRICOR CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2020-09-25 | 2025-09-10 |
| ANDREWS, Nicholas Charles George | Director | 2021-03-10 | 2022-03-23 |
| BAKER-TAYLOR, Teana Marie | Director | 2020-11-18 | 2021-07-15 |
| CHARTERIS, John Nicolas Robert Dunbar | Director | 2022-02-04 | 2023-03-10 |
| WARD, Matthew | Director | 2023-03-03 | 2024-01-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rafael De Marco E Melo | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-05-05 | Active |
Filing timeline
Last 20 of 39 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-28 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-09-15 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-09-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-09 | CH01 | officers | Change person director company with change date | |
| 2025-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-06 | AA | accounts | Accounts with accounts type full | |
| 2024-01-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-20 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-12-20 | CH01 | officers | Change person director company with change date | |
| 2023-12-19 | CH01 | officers | Change person director company with change date | |
| 2023-10-04 | CH04 | officers | Change corporate secretary company with change date | |
| 2023-10-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-03 | SH01 | capital | Capital allotment shares | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-13 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- 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.