Wpm Payment Security Limited
11676164
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/12/2021
ATTORNEY/EXECUTIVE
AMERICAN · UNITED STATES · Age 61
Also on 5 other boards
director · Since 14/12/2021
EXECUTIVE
AMERICAN · UNITED STATES · Age 58
Also on 4 other boards
Persons with Significant Control
Flywire Payments Limited
6th Floor, 9 Appold Street, London, EC2A 2AP
Reg: 07677601 · Companies House · Limited By Shares
Notified 25/09/2023
Former PSCs
Wpm Group Limited
Ceased 25/09/2023
CompanyRankvs 61108+ SIC 62020 peers40
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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
£1
Balance sheet strength
Cash
£374k
Cash in the bank
Profit Before Tax
£205k
Bottom line earnings
Net Current Assets
£357k
Working capital
Current Assets
£502k
Current Liabilities
£145k
Debtors
£128k
Cost of Sales
£7k
Admin Expenses
£23k
Profit After Tax
£205k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 3.45 |
| 2023 | 1.67 |
| 2021 | 0.50 |
| 2020 | 0.25 |
| 2020 | 0.26 |
Derived from filed accounts. Not audited figures.