Freedompay World Europe Limited
Business and domestic software development · London
ActiveUnited KingdomIncorporated 2017Private Limited Company
Financial position
Accounts to 2024-12-31 · GBP · Company accounts
Net assets
−£3,656,841
Cash
£743,028
Turnover
£14,297,835
Profit / loss
−£2,290,386
Current assets
£15,972,666
Creditors < 1 year
£19,551,715
Equity
−£3,656,841
Average employees
37
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
| Reported figures | 2024-12-31Company | 2023-12-31Company | 2023-01-01Company | 2022-12-31 | 2022-01-01 | 2021-12-31 | 2021-01-01 | 2020-12-31 | 2020-01-01 | 2019-12-31 | 2019-01-01 | 2018-12-31 | 2018-01-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | |||||||||||||
| Net assets | −£3,656,841 | −£1,366,455 | −£7,920,238 | −£7,920,238 | — | −£3,209,581 | — | −£943,268 | — | −£2,674,093 | — | −£776,561 | — |
| Equity | −£3,656,841 | −£1,366,455 | −£7,920,238 | −£7,920,238 | −£3,209,581 | −£3,209,581 | −£943,268 | −£943,268 | −£2,674,093 | −£2,674,093 | −£776,561 | −£776,561 | −£110,258 |
| Assets | |||||||||||||
| Fixed assets | — | — | — | — | — | — | — | £131,408 | — | £266,383 | — | £256,258 | — |
| Intangible assets | — | — | — | — | — | — | — | £194 | — | £661 | — | £1,128 | — |
| Property, plant & equipment | £95,792 | £143,813 | — | £152,730 | — | £105,404 | — | £131,214 | — | £265,722 | — | £255,130 | — |
| Current assets | £15,972,666 | £9,666,847 | — | £3,183,797 | — | £2,442,276 | — | £649,923 | — | £263,792 | — | £120,285 | — |
| Cash at bank | £743,028 | £125,700 | £165,660 | £165,660 | — | £225,313 | — | £31,832 | — | £58,895 | — | — | — |
| Stock | £1,181,537 | £1,048,537 | — | £123,458 | — | £588,098 | — | £184,527 | — | £0 | — | — | — |
| Liabilities | |||||||||||||
| Creditors within one year | £19,551,715 | £11,177,115 | — | £11,256,765 | — | £5,757,261 | — | £1,685,813 | — | £3,204,268 | — | £1,153,104 | — |
| Creditors after one year | £173,584 | £0 | — | — | — | — | — | £38,786 | — | £0 | — | — | — |
| Net current assets | −£3,579,049 | −£1,510,268 | — | −£8,072,968 | — | −£3,314,985 | — | −£1,035,890 | — | −£2,940,476 | — | −£1,032,819 | — |
| Assets less current liabilities | — | — | — | −£7,920,238 | — | −£3,209,581 | — | −£904,482 | — | −£2,674,093 | — | −£776,561 | — |
| Profit & loss | |||||||||||||
| Turnover | £14,297,835 | £20,217,128 | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | £5,683,291 | £5,117,841 | — | — | — | — | — | — | — | — | — | — | — |
| Operating profit | −£2,290,386 | −£2,514,432 | — | — | — | — | — | — | — | — | — | — | — |
| Profit before tax | −£2,290,386 | −£2,514,432 | — | — | — | — | — | — | — | — | — | — | — |
| Profit / loss | −£2,290,386 | −£2,514,432 | — | −£4,710,657 | — | −£2,266,313 | — | −£2,909,657 | — | −£2,694,165 | — | −£666,303 | — |
| People | |||||||||||||
| Average employees | 37 | 27 | — | 27 | — | 20 | — | 13 | — | 10 | — | 5 | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesFixed · created 2023-08-01
—
OutstandingFixed · created 2023-08-01
—
OutstandingShow 2 satisfied / released
Fixed · created 2020-11-06 · satisfied 2023-08-23
—
SatisfiedFixed · created 2020-11-06 · satisfied 2023-08-23
—
SatisfiedScaleup signal
OECD growth threshold met
23% employee CAGR