PLANET PAYMENT UK LIMITED
Get an alert when PLANET PAYMENT UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£149k
+119.1% vs 2024
Net assets
-£24m
-204.5% lowest in 3 filed years
Employees
160
+6.7% vs 2024
Profit before tax
-£48m
-29.2% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £30,186,000 | £82,295,000 | £112,817,000 | +37.1% | |
| Operating profit | £1,258,000 | -£36,171,000 | -£47,612,000 | -31.6% | |
| Profit before tax | £1,483,000 | -£36,976,000 | -£47,765,000 | -29.2% | |
| Net profit | £1,460,000 | -£36,976,000 | -£47,781,000 | -29.2% | |
| Cash | £451,000 | £68,000 | £149,000 | +119.1% | |
| Total assets less current liabilities | £15,112,000 | £23,367,000 | -£24,414,000 | -204.5% | |
| Net assets | £15,112,000 | £23,367,000 | -£24,414,000 | -204.5% | |
| Equity | £15,112,000 | £23,367,000 | -£24,414,000 | -204.5% | |
| Average employees | 180 | 150 | 160 | +6.7% | |
| Wages | £23,307,000 | £51,908,000 | £57,243,000 | +10.3% | |
| Directors' remuneration | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.2% | -44.0% | -42.2% | |
| Net margin | 4.8% | -44.9% | -42.4% | |
| Return on capital employed | 8.3% | -154.8% | — | |
| Gearing (liabilities / total assets) | 10.2% | 83.9% | 113.1% | |
| Current ratio | 10.24x | 0.54x | 0.38x | |
| Interest cover | 24.19x | — | — |
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.
Name history
Renamed 3 times since incorporation
- PLANET PAYMENT UK LIMITED 2018-09-26 → present
- PREMIER TAX FREE (UK) LIMITED 2002-10-10 → 2018-09-26
- VATBACK LIMITED 1987-02-26 → 2002-10-10
- CRAMSBURY LIMITED 1986-11-24 → 1987-02-26
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's financial statements have been prepared on a going concern basis. ... Al Silk Midco Limited, has provided a letter of support to the Company, indicating its intention to provide the Company with such financial support as is required to allow the company to meet its obligations...”
Group structure
- PLANET PAYMENT UK LIMITED · parent
- Hoist Group Development UK Limited 100%
Significant events
- “On 16th February 2026, the Group borrowed an additional €17m bearing an interest rate of 5.0% plus Euribor.”
- “On 23rd February 2024, Al Silk Midco Limited completed the re-financing of the group's existing credit facilities into a new debt package, comprising a new Term Loan Facility of €910m and a Revolving Credit Facility of €143m.”
- “On 28th February 2025, the Group borrowed an additional €26m bearing an interest rate of 4.75% plus Euribor.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HERRON, David Lincoln | Director | 2023-12-06 | Apr 1971 | American |
| WALLER, Sarah Elizabeth | Director | 2025-10-31 | Nov 1982 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRY, Gerard Joseph | Secretary | — | 2002-05-29 |
| PARKIN, Christopher David | Secretary | 2002-05-01 | 2021-12-21 |
| BARRY, Gerard Joseph | Director | — | 2006-12-31 |
| DALY, Aidan Noel, Doctor | Director | — | 2001-10-22 |
| FAHERTY, Patrick Gerald Francis | Director | 2002-06-01 | 2021-05-28 |
| FLANAGAN, Peter Conor | Director | 2006-12-31 | 2025-10-31 |
| HEURTAUX, Eric Jacques Jean | Director | 2023-12-12 | 2026-08-08 |
| KEIR, Jamie Anthony | Director | 2022-01-21 | 2023-12-12 |
| PARKIN, Christopher David | Director | 1996-02-28 | 2021-12-21 |
| WARD, James | Director | — | 2001-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Franklin Uk Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-11-20 | Active |
| Eurazeo S.E. | Corporate entity | Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2021-10-21 |
| Connacht Spv 3 Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2019-11-20 |
Filing timeline
Last 20 of 174 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-08-24 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-06-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-10 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-21 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-12-09 | AA | accounts | Accounts with accounts type full | |
| 2024-09-02 | SH01 | capital | Capital allotment shares | |
| 2024-07-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-15 | AA | accounts | Accounts with accounts type full | |
| 2023-07-14 | SH01 | capital | Capital allotment shares | |
| 2023-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.