paysafe financial services limited

paysafe financial services limited Company Information

Share PAYSAFE FINANCIAL SERVICES LIMITED
Live 
MatureLargeDeclining

Company Number

04478861

Industry

Other activities auxiliary to financial services, except insurance and pension funding

 

Shareholders

paysafe group holdings iii limited

Group Structure

View All

Contact

Registered Address

2 gresham street, 1st floor, london, EC2V 7AD

paysafe financial services limited Estimated Valuation

£123.1m

Pomanda estimates the enterprise value of PAYSAFE FINANCIAL SERVICES LIMITED at £123.1m based on a Turnover of £57m and 2.16x industry multiple (adjusted for size and gross margin).

paysafe financial services limited Estimated Valuation

£35.8m

Pomanda estimates the enterprise value of PAYSAFE FINANCIAL SERVICES LIMITED at £35.8m based on an EBITDA of £3.4m and a 10.47x industry multiple (adjusted for size and gross margin).

paysafe financial services limited Estimated Valuation

£192.5m

Pomanda estimates the enterprise value of PAYSAFE FINANCIAL SERVICES LIMITED at £192.5m based on Net Assets of £78.6m and 2.45x industry multiple (adjusted for liquidity).

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Paysafe Financial Services Limited Overview

Paysafe Financial Services Limited is a live company located in london, EC2V 7AD with a Companies House number of 04478861. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in July 2002, it's largest shareholder is paysafe group holdings iii limited with a 100% stake. Paysafe Financial Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £57m with declining growth in recent years.

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Paysafe Financial Services Limited Health Check

Pomanda's financial health check has awarded Paysafe Financial Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £57m, make it larger than the average company (£4.1m)

£57m - Paysafe Financial Services Limited

£4.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (9%)

-20% - Paysafe Financial Services Limited

9% - Industry AVG

production

Production

with a gross margin of 79.5%, this company has a comparable cost of product (69.2%)

79.5% - Paysafe Financial Services Limited

69.2% - Industry AVG

profitability

Profitability

an operating margin of 3.2% make it less profitable than the average company (8.9%)

3.2% - Paysafe Financial Services Limited

8.9% - Industry AVG

employees

Employees

with 79 employees, this is above the industry average (9)

79 - Paysafe Financial Services Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £144.5k, the company has a higher pay structure (£73.9k)

£144.5k - Paysafe Financial Services Limited

£73.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £721.3k, this is more efficient (£190.3k)

£721.3k - Paysafe Financial Services Limited

£190.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is earlier than average (34 days)

22 days - Paysafe Financial Services Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (37 days)

11 days - Paysafe Financial Services Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Paysafe Financial Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (29 weeks)

51 weeks - Paysafe Financial Services Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 63.1%, this is a lower level of debt than the average (73.9%)

63.1% - Paysafe Financial Services Limited

73.9% - Industry AVG

PAYSAFE FINANCIAL SERVICES LIMITED financials

EXPORTms excel logo

Paysafe Financial Services Limited's latest turnover from December 2023 is £57 million and the company has net assets of £78.6 million. According to their latest financial statements, Paysafe Financial Services Limited has 79 employees and maintains cash reserves of £131.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover56,980,74149,807,41272,302,272112,364,341154,489,542121,970,49473,198,71356,158,37031,480,38720,381,40614,177,0229,146,59410,861,2008,871,1258,159,219
Other Income Or Grants000000000000000
Cost Of Sales11,665,00411,898,25821,558,07129,390,81542,354,10330,518,34136,416,58427,044,46116,010,99611,344,6979,582,9895,350,8074,911,2512,554,9501,929,058
Gross Profit45,315,73737,909,15450,744,20182,973,526112,135,44091,452,15336,782,12929,113,90815,469,3919,036,7094,594,0333,795,7875,949,9496,316,1756,230,161
Admin Expenses43,511,85537,058,23746,838,73076,761,737100,996,05189,940,98924,654,76327,548,63915,741,7138,425,2674,168,7233,521,3895,624,1136,189,1906,276,238
Operating Profit1,803,882850,9173,905,4716,211,78911,139,3891,511,16412,127,3661,565,269-272,322611,442425,310274,398325,836126,985-46,077
Interest Payable098,2126,334001,595000000000
Interest Receivable3,859,4331,087,2401,144,802377,358182,0970766695,47622,46716,33953,8565,3956,9183,961331,956
Pre-Tax Profit10,240,9271,839,9455,043,94017,139,09611,321,4861,509,56912,128,1322,260,747-249,855627,782479,167279,793332,754130,946285,879
Tax168,802428,911-622,279560,187249,378403,509-5,041,766-44,24845,925-32,812493,51711,601-6,64917,30725,935
Profit After Tax10,409,7292,268,8564,421,66117,699,28311,570,8641,913,0787,086,3672,216,499-203,930594,970972,684291,394326,105148,254311,815
Dividends Paid0019,792,5741,366,82800000000000
Retained Profit10,409,7292,268,856-15,370,91316,332,45611,570,8641,913,0787,086,3672,216,499-203,930594,970972,684291,394326,105148,254311,815
Employee Costs11,417,9398,091,0005,614,7572,951,5873,064,9413,317,3843,887,6542,838,1872,975,4382,398,5591,122,108678,951496,107909,2251,138,850
Number Of Employees79584243384147404036181471213
EBITDA*3,421,3142,669,3775,663,0518,011,55413,135,8783,789,47312,594,8352,041,285183,501738,665473,885310,255330,259195,464186,686

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets41,938,92426,666,922029,937,10710,410,99945,166,6675,201,1655,176,9985,433,4784,801,913849,89882,68378,56885,07087,173
Intangible Assets12,711,57814,830,04717,407,17317,264,88223,472,28327,614,03528,699,517347,598623,316460,493103,094130,908138,465060,226
Investments & Other008,261,42029,937,10610,410,99805,172,8104,899,8255,194,3054,632,489658,8910000
Debtors (Due After 1 year)41,938,92426,666,9220000000000000
Total Fixed Assets54,650,50241,496,96925,668,59347,201,98933,883,28272,780,70133,900,6825,524,5956,056,7945,262,406952,992213,591217,03385,069147,398
Stock & work in progress000000000000000
Trade Debtors3,544,0802,791,3762,056,0531,022,3781,047,9744,568,5813,559,6601,437,1381,090,106168,6933,85924,020123,741400,857252,237
Group Debtors4,571,4726,095,2968,867,8645,909,7552,821,4129,158,69272,758,832108,810,37254,262,10616,802,1967,554,42204,000,11512,7401,057,863
Misc Debtors2,020,256740,4281,615,0741,235,1901,130,612228,867346,386287,59524,738,0014,710,9743,567,6382,647,09275,507103,72327,394
Cash131,249,904135,827,514172,667,247206,273,219326,906,537305,660,287337,980,68843,745,59725,179,35128,336,78226,310,88116,020,2518,886,8589,790,7708,390,463
misc current assets17,371,28813,313,89527,009,73812,602,01836,142,31424,992,02618,035,098211,242,9166,211,0234,542,3563,075,32669,812,16668,342,73366,866,02750,223,636
total current assets158,757,001158,768,511212,215,977227,042,563368,048,852344,608,453432,680,665365,523,619111,480,58954,561,00340,512,12888,503,53181,428,95677,174,11959,951,595
total assets213,407,503200,265,480237,884,570274,244,552401,932,134417,389,154466,581,347371,048,214117,537,38359,823,40941,465,12088,717,12281,645,98977,259,18860,098,993
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 359,088773,421539,1501,792,4532,274,3891,219,2981,521,956645,3883,501,520687,334325,805352,030102,017133,5731,594
Group/Directors Accounts00160,083,9210000001868,5722,935,01913,223,18113,217,77510,417,866
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities131,384,176128,151,6126,936,901193,769,196340,442,443318,735,245411,604,719331,495,62275,674,34224,741,86216,569,859249,9691,167,031277,53746,271,578
total current liabilities131,743,267128,925,036167,559,971195,561,650342,716,835319,954,545413,126,676332,141,01179,175,86225,429,19918,898,82169,307,80877,505,19173,560,74356,691,039
loans0000045,122,009000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions6,041,5866,377,6563,606,2065,710,1067,627,6149,188,1969,605,33200000000
total long term liabilities3,020,7933,188,8283,606,2072,855,0533,813,80749,716,1084,802,66600000000
total liabilities134,764,060132,113,864171,166,178198,416,703346,530,642369,670,653417,929,342332,141,01179,175,86225,429,19918,898,82169,307,80877,505,19173,560,74356,691,039
net assets78,643,44368,151,61566,718,39175,827,84955,401,49247,718,50148,652,00538,907,20338,361,52034,394,21022,566,29919,409,3144,140,7983,698,4453,407,954
total shareholders funds78,643,44468,151,61566,718,39175,827,84855,401,49247,718,50148,652,00438,907,20438,361,52134,394,21022,566,29919,409,3154,140,7983,698,4463,407,954
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,803,882850,9173,905,4716,211,78911,139,3891,511,16412,127,3661,565,269-272,322611,442425,310274,398325,836126,985-46,077
Depreciation00001,46327,9118,4309,0958,6657,23248,57535,8574,4235,7416,103
Amortisation1,617,4321,818,4601,757,5801,799,7651,995,0272,250,398459,039466,921447,159119,99100062,738226,660
Tax168,802428,911-622,279560,187249,378403,509-5,041,766-44,24845,925-32,812493,51711,601-6,64917,30725,935
Stock000000000000000
Debtors15,780,71123,755,0314,371,6673,167,324-8,956,140-62,708,738-33,870,22730,444,89158,408,35110,555,9438,454,808-1,528,2523,682,043-820,1741,337,495
Creditors-414,333234,272-1,253,303-481,9371,055,091-302,657876,568-2,856,1322,814,185361,529-26,224250,013-31,556131,9791,594
Accruals and Deferred Income3,232,564121,214,711-186,832,295-146,673,24721,707,198-92,869,47480,109,097255,821,28050,932,4808,172,00316,319,890-917,062889,494-45,994,04146,271,578
Deferred Taxes & Provisions-336,0702,771,450-2,103,900-1,917,508-1,560,582-417,1369,605,33200000000
Cash flow from operations-9,708,434103,563,690-189,520,393-143,668,27543,543,104-26,687,547132,014,293224,517,294-4,432,259-1,316,5588,806,2601,183,059-2,500,495-44,829,11745,148,298
Investing Activities
capital expenditure-14,770,965-25,908,25628,037,236-15,118,47236,900,930-41,158,329-28,843,55556,182-1,250,211-4,436,637-787,976-32,415-136,386-6,150-380,162
Change in Investments0-8,261,420-21,675,68619,526,10810,410,998-5,172,810272,985-294,480561,8163,973,598658,8910000
cash flow from investments-14,770,965-17,646,83649,712,922-34,644,58026,489,932-35,985,519-29,116,540350,662-1,812,027-8,410,235-1,446,867-32,415-136,386-6,150-380,162
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0-160,083,920160,083,920000000-868,571-2,066,447-10,288,1625,4052,799,91010,417,866
Other Short Term Loans 000000000000000
Long term loans0000-45,122,00945,122,009000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue82,099-835,6326,261,4564,093,901-3,887,873-2,846,5812,658,433-1,670,8164,171,24111,232,9412,184,30014,977,123116,248142,2383,096,139
interest3,859,433989,0281,138,468377,358182,097-1,595766695,47622,46716,33953,8565,3956,9183,961331,956
cash flow from financing3,941,532-159,930,524167,483,8444,471,259-48,827,78542,273,8332,659,199-975,3404,193,70810,380,709171,7094,694,356128,5712,946,10913,845,961
cash and cash equivalents
cash-4,577,610-36,839,733-33,605,972-120,633,31821,246,250-32,320,401294,235,09118,566,246-3,157,4312,025,90110,290,6307,133,393-903,9121,400,3078,390,463
overdraft000000000000000
change in cash-4,577,610-36,839,733-33,605,972-120,633,31821,246,250-32,320,401294,235,09118,566,246-3,157,4312,025,90110,290,6307,133,393-903,9121,400,3078,390,463

paysafe financial services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Paysafe Financial Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for paysafe financial services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2V area or any other competitors across 12 key performance metrics.

paysafe financial services limited Ownership

PAYSAFE FINANCIAL SERVICES LIMITED group structure

Paysafe Financial Services Limited has no subsidiary companies.

Ultimate parent company

PI JERSEY TOPCO LTD

#0100890

2 parents

PAYSAFE FINANCIAL SERVICES LIMITED

04478861

PAYSAFE FINANCIAL SERVICES LIMITED Shareholders

paysafe group holdings iii limited 100%

paysafe financial services limited directors

Paysafe Financial Services Limited currently has 6 directors. The longest serving directors include Mr Elliott Wiseman (Feb 2018) and Mr Alan Osborne (Dec 2020).

officercountryagestartendrole
Mr Elliott WisemanEngland50 years Feb 2018- Director
Mr Alan OsborneEngland50 years Dec 2020- Director
Mr Giacomo AustinEngland38 years Sep 2022- Director
Mr Mark JeffreyEngland66 years Sep 2023- Director
Mr David FuraEngland51 years Nov 2023- Director
Mr Chris DanielsEngland45 years Sep 2024- Director

P&L

December 2023

turnover

57m

+14%

operating profit

1.8m

+112%

gross margin

79.6%

+4.49%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

78.6m

+0.15%

total assets

213.4m

+0.07%

cash

131.2m

-0.03%

net assets

Total assets minus all liabilities

paysafe financial services limited company details

company number

04478861

Type

Private limited with Share Capital

industry

66190 - Other activities auxiliary to financial services, except insurance and pension funding

incorporation date

July 2002

age

23

incorporated

UK

ultimate parent company

PI JERSEY TOPCO LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

optimal payments limited (December 2015)

neteller (uk) ltd (April 2012)

accountant

-

auditor

DELOITTE LLP

address

2 gresham street, 1st floor, london, EC2V 7AD

Bank

BARCLAYS BANK PLC

Legal Advisor

-

paysafe financial services limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to paysafe financial services limited.

paysafe financial services limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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paysafe financial services limited Companies House Filings - See Documents

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