BVNK DLT GROUP (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

  +29,354.2%

  £1,612 → £474,802

  highest in 3 filed years

• Cash

  +16,111.7%

  £3,519 → £570,490

  highest in 3 filed years

• Net assets

  -6.9%

  £1,851,554 → £1,723,433

  lowest in 3 filed years

• Employees

  —

  Not reported

• Operating profit

  +75.5%

  -£514,145 → -£125,732

• Profit before tax

  -398.9%

  -£25,204 → -£125,732

  lowest in 3 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

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.

1. BVNK DLT GROUP (UK) LIMITED 2023-03-17 → present
2. WIREDIRECT GROUP LIMITED 2020-12-06 → 2023-03-17

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Lubbock Fine LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered at least 12 months from the date of approval of the accounts and are satisfied that the Company, with continued support from the parent undertaking, has sufficient resources to continue to operate for the foreseeable future.”

Group structure

1. BVNK DLT GROUP (UK) LIMITED · parent
   1. Wiredirect Services Limited 100% · UK
   2. BVNK DLT (UK) Limited 100% · UK
   3. BVNK Technology (UK) Limited 100% · UK
   4. System Pay Services Solutions Spain, S.L.U. 100% · Spain
   5. CD Payments S.L. 100% · Spain
   6. System Pay Services SA (Pty) Limited 100% · South Africa
   7. System Pay Services (US), Inc. 100% · USA
   8. BVNK Services Nigeria Limited 100% · Nigeria
   9. System Pay Services Lithuania, UAB 100% · Lithuania
   10. System Pay Services Hong Kong Limited 100% · Hong Kong
   11. System Pay Services (Singapore) Pte Ltd 100% · Singapore

Significant events

• “After the balance sheet date, the company made the following capital contributions to its subsidiaries to support their ongoing operations and expansion initiatives, by way of novating debts held by its parent entity BVNK Holdings Limited and converting them to capital: - SPS Spain: A capital contribution of €15 million was made. - BVNK Tech: A capital contribution of £12 million was made. In addition, the company made direct capital contributions transferring funds to its subsidiaries to support their ongoing operations and expansion initiatives: - SPS US: A capital contribution of $4 million was made. - SPS Singapore: A capital contribution of $0.75 million in Singapore dollars was made.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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