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Payment Card Solutions Group Limited

10149512

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

12-18 GROSVENOR GARDENS, LONDON, SW1W 0DH
Incorporated 27/04/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64205
Activities of financial services holding companies

Officers

Mr Olivier Simon Hensby

director · Since 11/12/2023

GROUP DEPUTY GENERAL COUNSEL

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Mr Thomas Michael Richard Jennings

director · Since 21/03/2025

FINANCIAL SERVICES PROFESSIONAL

BRITISH · ENGLAND · Age 45

Also on 1 other board

Ms Disha Gulati

secretary · Since 11/08/2025

Persons with Significant Control

Former PSCs

Mr Robert William Anderson

Ceased 29/12/2022

Mr Paul Swinton

Ceased 29/12/2022

Charges3 outstanding

Charge
outstanding

VELOCITY SV SARL

Created 16/02/2023Registered 21/02/2023
Charge
outstanding

VELOCITY SV S.À R.L.

Created 02/02/2023Registered 17/02/2023
Charge
outstanding

VELOCITY SV S.À R.L.

Created 02/02/2023Registered 16/02/2023

CompanyRankvs 2478+ SIC 64205 peers
21

Financial strength1th percentile among SIC peers · 0/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees4/15 pts

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

Liquidity12/20 pts

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

Longevity10/15 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

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. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

-£3.1M

Balance sheet strength

Cash

£115.4M

Cash in the bank

Net Current Assets

£7.6M

Working capital

Current Assets

£25.0M

Current Liabilities

£17.4M

Fixed Assets

£9.3M

Debtors

£25.0M

Cost of Sales

£9.0M

Admin Expenses

£13.0M

Profit After Tax

-£1.9M

0avg. employees

Tax at Year End

Corp tax£4k

People Costs

Wages & salaries£8.7M

Balance Sheet

Intangible assets£66k
Assets less current liabilities£5.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.44-£2.6M
20233.48-£857k
20225.44
20210.21

Derived from filed accounts. Not audited figures.