PAYBIS LTD

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ⚠

  Confirmation statement overdue

  Due 2026-03-31.

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

• Turnover

  +68.8%

  £16,160,566 → £27,283,029

• Cash

  -71.9%

  £822,465 → £231,213

• Net assets

  -16.5%

  £4,973,039 → £4,151,171

• Employees

  -5.7%

  53 → 50

• Operating profit

  -93.6%

  -£321,488 → -£622,549

• Profit before tax

  -93.5%

  -£321,715 → -£622,499

• Wages

  +30.2%

  £2,121,482 → £2,761,628

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Alliotts LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. 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 group's and parent 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.”

Group structure

1. PAYBIS LTD · parent
   1. Paybis Poland Sp. z o.o 100% · Poland · new subsidiary
   2. Paybis USA Ltd 100% · USA · now considered material and has been included in these consolidated financial statements
   3. Paybis Latvia SIA 100% · Latvia · dormant
   4. Paybis Ukraine LLC 100% · Ukraine · dormant

Significant events

• “The cryptocurrency industry continues to be subject to volatility and instability. We acknowledge the significant risks and challenges that could impact our growth and core operations.”
• “Operating internationally presents significant challenges with frequent regulatory and legislative changes across various jurisdictions.”

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

Filings

0

last 12 months

Capital events

4

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.