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Monese Ltd

08720992

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

EAGLE HOUSE, LONDON, EC1V 1NR
Incorporated 07/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Virraj Bharatkumar Jatania

director · Since 17/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 3 other boards

Mr Malcolm Le May

director · Since 17/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 68

Mr Mark Newton-Jones

director · Since 17/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Denis Shafranik

director · Since 17/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Pockit Limited

75–100% shares
75–100% votes
Appoint directors

Suite 19, Salisbury Road, Cardiff, CF24 4AB

Reg: 07157877 · The Registrar Of Companies For England And Wales · Private Limited Company

Notified 17/12/2024

Former PSCs

Mr Norris Koppel

Ceased 17/12/2024

Kinnevik Ab (Publ)

Ceased 02/09/2022

Charges1 outstanding

Charge
outstanding

ANCHORGATE MANAGEMENT LIMITED

Created 26/02/2026Registered 07/03/2026
Charge
satisfied

STRIDE VENTURES UK HOLDING COMPANY LTD. AS LENDER

Created 20/06/2025Registered 24/06/2025Satisfied 07/03/2026
Charge
satisfied

POCKIT LIMITED

Created 12/09/2024Registered 26/09/2024Satisfied 24/12/2024
Charge
satisfied

TERA VENTURES OPPORTUNITY USALDUSFOND

Created 26/04/2024Registered 02/05/2024Satisfied 04/09/2024
Charge
satisfied

ICON FINANCIAL HOLDINGS LIMITED

Created 25/04/2023Registered 26/04/2023Satisfied 06/08/2023
Charge
satisfied

KREOS CAPITAL VI (UK) LIMITED

Created 20/05/2022Registered 27/05/2022Satisfied 19/12/2023
Charge
satisfied

KREOS CAPITAL VI (UK) LIMITED

Created 13/03/2020Registered 16/03/2020Satisfied 03/08/2023

CompanyRankvs 680+ SIC 64999 peers
68

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.97× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

funds safeguarded on behalf of customers to which the group issued e-money under its EMI license. There is material uncertainty on the success of raising future fundraising and therefore the going concern status of the company, which is covered further below and in Note 2.4 to the financial statements. The group continued to invest in software development and recognising intangible assets created

Key FinancialsYear ending 31/12/2022

Net Worth

£8.6M

Balance sheet strength

Cash

£12.7M

Cash in the bank

Net Current Assets

Working capital

Current Assets

£29.0M

Current Liabilities

£9.8M

Fixed Assets

£11.3M

Debtors

£95k

Profit After Tax

-£30.4M

345avg. employees

Balance Sheet

Total assets£40.2M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20222.97

Derived from filed accounts. Not audited figures.