Freemarketfx Limited
Business and domestic software development · London
ActiveUnited KingdomIncorporated 2010Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£13,295,398
Cash
£12,219,856
Turnover
£21,871,543
Profit / loss
£1,826,974
Current assets
£13,944,390
Creditors < 1 year
£4,464,599
Equity
£13,295,398
Average employees
123
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £13,295,398 | £11,278,933 |
| Equity | £13,295,398 | £11,278,933 |
| Share capital | £9,344 | £9,264 |
| Retained earnings | −£10,696,465 | −£12,552,195 |
| Assets | ||
| Fixed assets | £3,815,607 | £1,696,879 |
| Intangible assets | £3,315,328 | £1,546,412 |
| Property, plant & equipment | £198,157 | £150,467 |
| Investments | £302,122 | — |
| Current assets | £13,944,390 | £11,188,164 |
| Cash at bank | £12,219,856 | £10,360,151 |
| Debtors | £1,724,534 | £828,013 |
| Liabilities | ||
| Creditors within one year | £4,464,599 | £1,606,110 |
| Net current assets | £9,479,791 | £9,582,054 |
| Profit & loss | ||
| Turnover | £21,871,543 | £16,707,673 |
| Cost of sales | £3,350,000 | £2,785,673 |
| Gross profit | £18,521,543 | £13,922,000 |
| Administrative expenses | £20,848,323 | £17,235,497 |
| Operating profit | −£2,326,780 | −£3,313,497 |
| Interest receivable | £4,153,754 | £4,186,360 |
| Profit before tax | £1,826,974 | £873,616 |
| Profit / loss | £1,826,974 | £873,616 |
| Operating costs | ||
| Operating lease charges | £296,598 | £163,917 |
| Audit fees | £99,338 | £90,470 |
| People & pay | ||
| Average employees | 123 | 114 |
| Staff costs | £16,040,691 | £12,456,185 |
| Wages & salaries | £13,701,807 | £10,444,174 |
| Social security costs | £1,794,996 | £1,278,863 |
| Pension costs | £543,888 | £733,148 |
| Directors' remuneration | £685,619 | £518,663 |
| Highest paid director | £310,619 | £327,413 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Comparatives
- Prior-year figures were restated
- Principal activity
- The principal activity of the business is that of a currency exchange and cross border payment services provider to commercial clients
- What it does
- currency exchange · cross border payment services · commercial clients · B2B payment network · foreign exchange · global payments (AI keywords)
- The year
- The Group delivered total revenues including interest income of £26,025,297 in 2025. Of this £21,871,543 was transactional and £4,153,754 made up of interest and other income on client balances. The Group made a profit of £1,826,974 for the year.
- Outlook
- Strategic initiatives for 2026 are focused on driving growth in our target verticals
- Auditor
- S&W Audit · senior statutory auditor Chetan Mistry
- Audit opinion
- Clean (unmodified)
- Immediate parent
- BHL (UK) Holdings Limited
- Ultimate parent
- BHL (UK) Holdings Limited
- Accounts
- FRS 102
Turnover by segment (12)
- Transactional Services: 19,743,469 (2025-12-31)
- Monthly Fees: 2,081,508 (2025-12-31)
- Other Revenue: 46,566 (2025-12-31)
- Transactional Services: 15,332,337 (2024-12-31)
- Monthly Fees: 1,213,640 (2024-12-31)
- Other Revenue: 161,696 (2024-12-31)
- United Kingdom: 5,984,985 (2025-12-31)
- Rest of Europe: 8,184,399 (2025-12-31)
- Rest of the world: 7,702,159 (2025-12-31)
- United Kingdom: 2,333,455 (2024-12-31)
- Rest of Europe: 8,959,378 (2024-12-31)
- Rest of the world: 5,414,840 (2024-12-31)
Related parties (4)
- related parties · entities related via common ownership · services provided · £605,082
- related parties · entities related via common ownership · amount due to related party at year end · £151,368
- 3 Non-Executive Directors · fees paid · £435,619
- Key Management Personnel · directors and heads of functions · remuneration · £3,085,769
Directors' report (8)
- A Hunn
- C L B Crosswell
- G Whittaker
- A D Adams
- M A Raisbeck · appointed 2025-10-22
- L Kingston · appointed 2025-10-22
- I R Leech · resigned 2025-10-22
- M Holgate · resigned 2025-10-22
Principal risks (4)
- regulatory risk
- counterparty risk
- market risk
- client risk
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 2 satisfied / released
Fixed · created 2013-10-08 · satisfied 2018-04-06
—
SatisfiedAll Assets · created 2013-09-27 · satisfied 2018-04-06
—
Satisfied