AIRWALLEX (UK) LIMITED
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Cash
£532M
+36.9% highest in 5 filed years
Net assets
£31M
-10.5% vs 2024
Employees
125
+15.7% highest in 5 filed years
Profit before tax
-£7.8M
+17.4% vs 2024
Net assets
5-year trend · vs Financials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £32,836 | £503,853 | £17,542,687 | £29,935,367 | £55,468,023 | +85.3% | |
| Operating profit | -£1,489,381 | -£6,667,965 | -£7,418,491 | -£13,156,621 | -£27,187,124 | -106.6% | |
| Profit before tax | -£1,490,456 | -£6,734,338 | -£4,261,530 | -£9,454,671 | -£7,813,206 | +17.4% | |
| Net profit | — | — | -£4,261,530 | -£9,454,671 | -£7,813,206 | +17.4% | |
| Cash | £21,050,772 | £41,454,625 | £174,026,605 | £388,676,820 | £532,004,351 | +36.9% | |
| Total assets less current liabilities | £2,494,932 | £2,249,231 | £25,080,611 | £34,220,933 | — | — | |
| Net assets | £2,494,932 | £2,249,231 | £25,080,611 | £34,220,933 | £30,640,267 | -10.5% | |
| Equity | £2,494,932 | £2,249,231 | £25,080,611 | £34,220,933 | £30,640,267 | -10.5% | |
| Average employees | 10 | 31 | 70 | 108 | 125 | +15.7% | |
| Wages | — | — | £8,719,437 | £12,334,432 | £16,505,781 | +33.8% | |
| Directors' remuneration | — | — | £438,417 | £383,273 | £0 | -100% |
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 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | -42.3% | -44.0% | -49.0% | |
| Net margin | — | — | -24.3% | -31.6% | -14.1% | |
| Return on capital employed | -59.7% | -296.5% | -29.6% | -38.4% | — | |
| Gearing (liabilities / total assets) | — | — | 86.9% | 91.6% | 94.4% | |
| Current ratio | — | — | 1.14x | 1.09x | 1.05x | |
| Interest cover | — | — | — | -75.81x | — |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The Company maintains adequate capital and liquidity to meet foreseeable obligations. 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 company's ability to continue as a going concern for a period of 12 months from when the financial statements are authorised for issue.”
Significant events
- “J Zhang resigned as a director on 19 January 2026 and Christos Chamberlain was appointed as a director on 19 January 2026.”
- “On 15 April 2026, the Company received a capital injection of £4,000,000 from its immediate parent, Airwallex (Cayman) Limited, through the issue of 4,000,000 ordinary shares of £1 each at par.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHAMBERLAIN, Christos Denis, Mr. | Director | 2026-01-19 | Aug 1985 | British |
| WU, Kai | Director | 2024-01-16 | Mar 1989 | Chinese |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUTLAND, James | Director | 2018-06-08 | 2023-07-14 |
| ROSE, Jed | Director | 2021-05-01 | 2022-05-06 |
| SOOD, Pranav Kumar | Director | 2022-09-20 | 2024-10-25 |
| STACHOWIAK, Michael Szymon | Director | 2017-04-24 | 2018-06-18 |
| ZHANG, Jack | Director | 2016-04-05 | 2026-01-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jack Zhang | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 78 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-29 | AA | accounts | Accounts with accounts type full | |
| 2026-04-21 | SH01 | capital | Capital allotment shares | |
| 2026-04-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-18 | CH01 | officers | Change person director company with change date | |
| 2026-01-05 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-04 | CH01 | officers | Change person director company with change date | |
| 2026-01-04 | SH01 | capital | Capital allotment shares | |
| 2026-01-04 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-14 | AA | accounts | Accounts with accounts type full | |
| 2025-04-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-17 | AA | accounts | Accounts with accounts type group | |
| 2024-10-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-23 | SH01 | capital | Capital allotment shares | |
| 2024-07-23 | SH01 | capital | Capital allotment shares | |
| 2024-05-03 | SH01 | capital | Capital allotment shares | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-29 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 4
- Officers appointed
- 1
- Officers resigned
- 1
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.