PAYSEND PLC

Figures converted to GBP from USD at 0.748 per USD (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

• Turnover

  +4.9%

  £21,733,573 → £22,791,358

• Cash

  +21.4%

  £21,116,842 → £25,641,773

• Net assets

  +14.3%

  £7,972,640 → £9,111,908

• Employees

  -50%

  6 → 3

• Profit before tax

  +4.8%

  £1,086,940 → £1,139,269

• Wages

  -39.6%

  £262,391 → £158,481

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. PAYSEND PLC 2016-11-10 → present
2. PAYWIZARD PUBLIC LIMITED COMPANY 2010-12-20 → 2016-11-10
3. PAYWIZARD LIMITED 2010-03-31 → 2010-12-20

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the Directors believe, on the basis of current financial projections and facilities available, that the company has adequate resources to continue in operation for the foreseeable future. Accordingly, the Directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “In April 2023, the EU originated customer base was migrated from an outsourced arrangement to a dedicated subsidiary, Paysend EU DAC, based in the Republic of Ireland, which received its e-money license covering all EU markets via passporting arrangements, in December 2022. This has had a significant impact on volumes and revenues of Paysend PLC's business as a majority of the current Paysend consumer base is resident in the European Union.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.