worldpay ap ltd.
worldpay ap ltd. Company Information
Company Number
05593466
Next Accounts
Sep 2025
Shareholders
worldpay ecommerce ltd
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
the walbrook building, 25 walbrook, london, EC4N 8AF
Website
http://envoyservices.comworldpay ap ltd. Estimated Valuation
Pomanda estimates the enterprise value of WORLDPAY AP LTD. at £38.2m based on a Turnover of £19.3m and 1.98x industry multiple (adjusted for size and gross margin).
worldpay ap ltd. Estimated Valuation
Pomanda estimates the enterprise value of WORLDPAY AP LTD. at £45.8m based on an EBITDA of £6.7m and a 6.84x industry multiple (adjusted for size and gross margin).
worldpay ap ltd. Estimated Valuation
Pomanda estimates the enterprise value of WORLDPAY AP LTD. at £87.4m based on Net Assets of £65.2m and 1.34x industry multiple (adjusted for liquidity).
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Worldpay Ap Ltd. Overview
Worldpay Ap Ltd. is a live company located in london, EC4N 8AF with a Companies House number of 05593466. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2005, it's largest shareholder is worldpay ecommerce ltd with a 100% stake. Worldpay Ap Ltd. is a mature, mid sized company, Pomanda has estimated its turnover at £19.3m with declining growth in recent years.
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Worldpay Ap Ltd. Health Check
Pomanda's financial health check has awarded Worldpay Ap Ltd. a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £19.3m, make it larger than the average company (£5.5m)
£19.3m - Worldpay Ap Ltd.
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (4.9%)
-23% - Worldpay Ap Ltd.
4.9% - Industry AVG
Production
with a gross margin of 59.1%, this company has a comparable cost of product (54%)
59.1% - Worldpay Ap Ltd.
54% - Industry AVG
Profitability
an operating margin of 34.8% make it more profitable than the average company (9.1%)
34.8% - Worldpay Ap Ltd.
9.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Worldpay Ap Ltd.
14 - Industry AVG
Pay Structure
on an average salary of £227k, the company has a higher pay structure (£82.7k)
£227k - Worldpay Ap Ltd.
£82.7k - Industry AVG
Efficiency
resulting in sales per employee of £9.6m, this is more efficient (£224.1k)
£9.6m - Worldpay Ap Ltd.
£224.1k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (33 days)
3 days - Worldpay Ap Ltd.
33 days - Industry AVG
Creditor Days
its suppliers are paid after 8195 days, this is slower than average (46 days)
8195 days - Worldpay Ap Ltd.
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Worldpay Ap Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (29 weeks)
15 weeks - Worldpay Ap Ltd.
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a similar level of debt than the average (70.9%)
76.8% - Worldpay Ap Ltd.
70.9% - Industry AVG
WORLDPAY AP LTD. financials
Worldpay Ap Ltd.'s latest turnover from December 2023 is £19.3 million and the company has net assets of £65.2 million. According to their latest financial statements, Worldpay Ap Ltd. has 2 employees and maintains cash reserves of £65.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,277,000 | 25,665,000 | 28,965,000 | 41,832,000 | 49,316,000 | 41,952,000 | 43,115,000 | 47,394,000 | 39,511,000 | 33,142,000 | 27,554,000 | 20,818,000 | 14,216,747 | 16,098,665 | 7,785,794 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 7,891,000 | 9,859,000 | 13,206,000 | 18,723,000 | 19,511,000 | 19,333,000 | 17,248,000 | 15,671,000 | 16,565,000 | 16,403,000 | 15,926,000 | 11,595,000 | 7,304,570 | 8,038,860 | 3,411,741 |
| Gross Profit | 11,386,000 | 15,806,000 | 15,759,000 | 23,109,000 | 29,805,000 | 22,619,000 | 25,867,000 | 31,723,000 | 22,946,000 | 16,739,000 | 11,628,000 | 9,223,000 | 6,912,177 | 8,059,805 | 4,374,053 |
| Admin Expenses | 4,680,000 | 8,381,000 | 6,639,000 | 12,093,000 | 17,122,000 | 14,749,000 | 10,203,000 | 3,283,000 | 2,570,000 | 3,639,000 | 7,318,000 | 7,287,000 | 6,379,076 | 6,813,732 | 2,891,152 |
| Operating Profit | 6,706,000 | 7,425,000 | 9,120,000 | 11,016,000 | 12,683,000 | 7,870,000 | 15,664,000 | 28,440,000 | 20,376,000 | 13,100,000 | 4,310,000 | 1,936,000 | 533,101 | 1,246,073 | 1,482,901 |
| Interest Payable | 2,309,000 | 158,000 | 38,000 | 30,000 | 581,000 | 14,000 | 22,000 | 17,000 | 30,000 | 41,000 | 4,187 | 3,347 | |||
| Interest Receivable | 232,000 | 6,990,000 | 525,000 | 256,000 | 174,000 | 137,000 | 112,000 | 116,000 | 35,000 | 13,000 | |||||
| Pre-Tax Profit | 4,629,000 | 14,257,000 | 9,607,000 | 11,242,000 | 12,276,000 | 7,578,000 | 15,893,000 | 28,535,000 | 20,381,000 | 13,059,000 | 4,323,000 | 1,936,000 | 533,101 | 1,284,511 | 1,479,554 |
| Tax | -8,000 | -9,000 | 1,000 | -4,000 | -74,000 | 41,000 | -49,000 | 4,923,000 | -4,732,000 | -2,670,000 | -1,150,000 | -693,000 | 2,445,618 | -316,149 | -415,520 |
| Profit After Tax | 4,621,000 | 14,248,000 | 9,608,000 | 11,238,000 | 12,202,000 | 7,619,000 | 15,844,000 | 33,458,000 | 15,649,000 | 10,389,000 | 3,173,000 | 1,243,000 | 2,978,719 | 968,362 | 1,064,034 |
| Dividends Paid | 428,000 | 1,686,000 | 55,000,000 | 9,349,000 | |||||||||||
| Retained Profit | 4,193,000 | 12,562,000 | 9,608,000 | 11,238,000 | 12,202,000 | -47,381,000 | 15,844,000 | 24,109,000 | 15,649,000 | 10,389,000 | 3,173,000 | 1,243,000 | 2,978,719 | 945,630 | 1,064,034 |
| Employee Costs | 454,000 | 88,000 | 568,000 | 236,000 | 609,000 | 1,503,000 | 834,000 | 1,565,000 | 1,422,000 | 2,941,000 | 4,502,000 | 4,249,000 | 2,295,277 | 2,760,951 | 1,382,954 |
| Number Of Employees | 2 | 2 | 7 | 5 | 6 | 12 | 15 | 18 | 34 | 47 | 76 | 72 | 59 | 53 | 25 |
| EBITDA* | 6,706,000 | 7,425,000 | 9,120,000 | 11,066,000 | 12,771,000 | 7,962,000 | 15,773,000 | 28,619,000 | 20,709,000 | 13,677,000 | 4,622,000 | 2,267,000 | 732,718 | 1,446,360 | 1,582,544 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,000 | 24,000 | 81,000 | 153,000 | 928,000 | 1,025,000 | 664,796 | 548,665 | 255,736 | ||||||
| Intangible Assets | 50,000 | 138,000 | 236,000 | 2,899,000 | 2,256,000 | 320,000 | 502,935 | 40,273 | |||||||
| Investments & Other | 85,000 | 93,000 | 102,000 | 86,000 | 79,000 | 15,000 | 19,000 | 19,000 | 61,000 | 2,421,000 | 2,051,000 | 1,854,000 | 3,168,887 | 42,625 | |
| Debtors (Due After 1 year) | 149,000 | 106,000 | |||||||||||||
| Total Fixed Assets | 85,000 | 93,000 | 102,000 | 86,000 | 129,000 | 302,000 | 364,000 | 2,942,000 | 2,398,000 | 2,894,000 | 2,979,000 | 2,879,000 | 3,833,683 | 1,094,225 | 296,009 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 183,000 | 2,010,000 | 2,392,000 | 1,647,000 | 1,478,000 | 1,667,000 | 355,000 | 2,010,000 | 347,000 | 4,054,000 | 2,783,000 | 2,364,000 | 1,623,477 | 1,375,742 | 872,656 |
| Group Debtors | 29,351,000 | 4,725,000 | 16,394,000 | 31,623,000 | 31,292,000 | 22,746,000 | 63,492,000 | 36,801,000 | 7,383,000 | 14,478,000 | 7,241,000 | 1,529,000 | 1,227,243 | ||
| Misc Debtors | 7,917,000 | 2,835,000 | 2,490,000 | 2,679,000 | 4,490,000 | 4,021,000 | 2,605,000 | 2,911,000 | 5,271,000 | 1,915,000 | 1,196,000 | 930,000 | 1,169,037 | 907,727 | 176,921 |
| Cash | 65,436,000 | 59,391,000 | 43,390,000 | 22,241,000 | 720,000 | 2,388,000 | 4,846,000 | 5,926,000 | 4,202,000 | 4,899,000 | 2,861,000 | 58,778,695 | 65,415,597 | 1,550,554 | |
| misc current assets | 177,669,000 | 219,166,000 | 172,522,000 | 180,966,000 | 351,813,000 | 410,760,000 | 378,966,000 | 319,877,000 | 166,987,000 | 226,006,000 | 157,589,000 | 93,813,000 | |||
| total current assets | 280,556,000 | 288,127,000 | 237,188,000 | 239,156,000 | 389,793,000 | 439,194,000 | 447,806,000 | 366,445,000 | 185,914,000 | 250,655,000 | 173,708,000 | 101,497,000 | 62,798,452 | 67,699,066 | 2,600,131 |
| total assets | 280,641,000 | 288,220,000 | 237,290,000 | 239,242,000 | 389,922,000 | 439,496,000 | 448,170,000 | 369,387,000 | 188,312,000 | 253,549,000 | 176,687,000 | 104,376,000 | 66,632,135 | 68,793,291 | 2,896,140 |
| Bank overdraft | 491,000 | 3,060,000 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 177,178,000 | 214,472,000 | 172,522,000 | 76,000 | 77,000 | 9,000 | 51,000 | 114,000 | 63,000 | 134,000 | 183,000 | 251,667 | 271,773 | 201,797 | |
| Group/Directors Accounts | 27,254,000 | 2,463,000 | 5,035,000 | 6,865,000 | 405,000 | 499,000 | 5,584,000 | 357,000 | 5,519,000 | 2,016,000 | 236,772 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 2,000 | 6,110 | 17,952 | 17,398 | |||||||||||
| other current liabilities | 10,552,000 | 10,402,000 | 11,410,000 | 193,662,000 | 361,934,000 | 420,555,000 | 379,891,000 | 322,603,000 | 174,795,000 | 231,266,000 | 159,757,000 | 94,071,000 | 59,276,353 | 65,613,980 | 927,926 |
| total current liabilities | 215,475,000 | 227,337,000 | 188,967,000 | 200,527,000 | 362,415,000 | 424,191,000 | 385,484,000 | 322,654,000 | 174,909,000 | 231,686,000 | 165,410,000 | 96,272,000 | 59,770,902 | 65,903,705 | 1,147,121 |
| loans | |||||||||||||||
| hp & lease commitments | 8,786 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 30,000 | 30,000 | 30,000 | 30,000 | 274,000 | 197,000 | 6,160 | ||||||||
| total long term liabilities | 30,000 | 30,000 | 30,000 | 30,000 | 274,000 | 197,000 | 14,946 | ||||||||
| total liabilities | 215,475,000 | 227,337,000 | 188,967,000 | 200,527,000 | 362,445,000 | 424,221,000 | 385,514,000 | 322,684,000 | 175,183,000 | 231,883,000 | 165,410,000 | 96,272,000 | 59,770,902 | 65,903,705 | 1,162,067 |
| net assets | 65,166,000 | 60,883,000 | 48,323,000 | 38,715,000 | 27,477,000 | 15,275,000 | 62,656,000 | 46,703,000 | 13,129,000 | 21,666,000 | 11,277,000 | 8,104,000 | 6,861,233 | 2,866,854 | 1,734,073 |
| total shareholders funds | 65,166,000 | 60,883,000 | 48,323,000 | 38,715,000 | 27,477,000 | 15,275,000 | 62,656,000 | 46,703,000 | 13,129,000 | 21,666,000 | 11,277,000 | 8,104,000 | 6,861,233 | 2,866,854 | 1,734,073 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 6,706,000 | 7,425,000 | 9,120,000 | 11,016,000 | 12,683,000 | 7,870,000 | 15,664,000 | 28,440,000 | 20,376,000 | 13,100,000 | 4,310,000 | 1,936,000 | 533,101 | 1,246,073 | 1,482,901 |
| Depreciation | 3,000 | 21,000 | 57,000 | 108,000 | 205,000 | 312,000 | 331,000 | 199,617 | 162,877 | 99,643 | |||||
| Amortisation | 50,000 | 88,000 | 89,000 | 88,000 | 122,000 | 225,000 | 372,000 | 37,410 | |||||||
| Tax | -8,000 | -9,000 | 1,000 | -4,000 | -74,000 | 41,000 | -49,000 | 4,923,000 | -4,732,000 | -2,670,000 | -1,150,000 | -693,000 | 2,445,618 | -316,149 | -415,520 |
| Stock | |||||||||||||||
| Debtors | 27,881,000 | -11,706,000 | -14,673,000 | -1,311,000 | 8,677,000 | -37,975,000 | 24,836,000 | 28,721,000 | -7,446,000 | 9,227,000 | 6,397,000 | 803,243 | 2,970,180 | 1,233,892 | 1,049,577 |
| Creditors | -37,294,000 | 41,950,000 | 172,522,000 | -76,000 | -1,000 | 68,000 | -42,000 | -63,000 | 51,000 | -71,000 | -49,000 | -68,667 | 49,870 | 69,976 | 201,797 |
| Accruals and Deferred Income | 150,000 | -1,008,000 | -182,252,000 | -168,272,000 | -58,621,000 | 40,664,000 | 57,288,000 | 147,808,000 | -56,471,000 | 71,509,000 | 65,686,000 | 34,794,647 | 58,348,427 | 64,686,054 | 927,926 |
| Deferred Taxes & Provisions | -30,000 | -244,000 | 77,000 | 197,000 | -6,160 | -6,160 | 6,160 | ||||||||
| Cash flow from operations | -58,327,000 | 60,064,000 | 14,064,000 | -156,005,000 | -54,602,000 | 86,710,000 | 48,134,000 | 152,322,000 | -32,920,000 | 73,415,000 | 62,712,000 | 35,496,737 | 58,600,293 | 64,646,189 | 1,253,330 |
| Investing Activities | |||||||||||||||
| capital expenditure | -443,595 | -292,006 | |||||||||||||
| Change in Investments | -8,000 | -9,000 | 16,000 | 7,000 | 64,000 | -4,000 | -42,000 | -2,360,000 | 370,000 | 197,000 | -1,314,887 | 3,168,887 | 42,625 | ||
| cash flow from investments | -486,220 | -292,006 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 24,791,000 | -2,572,000 | -1,830,000 | 6,460,000 | -94,000 | -5,085,000 | 5,584,000 | -357,000 | -5,162,000 | 3,503,000 | 1,779,228 | 236,772 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -2,000 | -4,110 | -20,074 | -8,232 | 26,184 | ||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -2,077,000 | 6,832,000 | 487,000 | 226,000 | -407,000 | 123,000 | 90,000 | 99,000 | 5,000 | -41,000 | 13,000 | -4,187 | -3,347 | ||
| cash flow from financing | 22,804,000 | 4,258,000 | -1,343,000 | 6,686,000 | -501,000 | -4,962,000 | 5,783,000 | 9,564,000 | -24,538,000 | -5,203,000 | 3,514,000 | 1,774,885 | 2,365,139 | 174,732 | 692,876 |
| cash and cash equivalents | |||||||||||||||
| cash | 6,045,000 | 16,001,000 | 21,149,000 | 21,521,000 | 720,000 | -2,388,000 | -2,458,000 | -1,080,000 | 1,724,000 | -697,000 | 2,038,000 | -55,917,695 | 57,228,141 | 63,865,043 | 1,550,554 |
| overdraft | 491,000 | -3,060,000 | 3,060,000 | ||||||||||||
| change in cash | 5,554,000 | 16,001,000 | 21,149,000 | 21,521,000 | 3,780,000 | -5,448,000 | -2,458,000 | -1,080,000 | 1,724,000 | -697,000 | 2,038,000 | -55,917,695 | 57,228,141 | 63,865,043 | 1,550,554 |
worldpay ap ltd. Credit Report and Business Information
Worldpay Ap Ltd. Competitor Analysis
Perform a competitor analysis for worldpay ap ltd. by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC4N area or any other competitors across 12 key performance metrics.
worldpay ap ltd. Ownership
WORLDPAY AP LTD. group structure
Worldpay Ap Ltd. has no subsidiary companies.
Ultimate parent company
FIDELITY NATIONAL INFORMATION SERVICES.
#0066636
2 parents
WORLDPAY AP LTD.
05593466
worldpay ap ltd. directors
Worldpay Ap Ltd. currently has 8 directors. The longest serving directors include Mr Daniel Brames Jr (Dec 2019) and Mr Peter Wickes (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Brames Jr | 59 years | Dec 2019 | - | Director | |
| Mr Peter Wickes | 51 years | Dec 2019 | - | Director | |
| Ms Virginia Daughtrey | 48 years | Sep 2020 | - | Director | |
| Mr Jason Robinson | England | 59 years | Apr 2021 | - | Director |
| Mr Gabriel Bernard De Montessus De Ballore | United Kingdom | 45 years | May 2021 | - | Director |
| Mr Christopher Wood | 54 years | Jun 2024 | - | Director | |
| Ms Gabrielle Scheibe | 45 years | Jun 2024 | - | Director | |
| Ms Anne Van Shrader | 45 years | Jun 2024 | - | Director |
P&L
December 2023turnover
19.3m
-25%
operating profit
6.7m
-10%
gross margin
59.1%
-4.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
65.2m
+0.07%
total assets
280.6m
-0.03%
cash
65.4m
+0.1%
net assets
Total assets minus all liabilities
worldpay ap ltd. company details
company number
05593466
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
October 2005
age
20
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
envoy services limited (September 2012)
accountant
-
auditor
-
address
the walbrook building, 25 walbrook, london, EC4N 8AF
Bank
THE ROYAL BANK OF SCOTLAND GROUP PLC
Legal Advisor
-
worldpay ap ltd. 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 found 4 charges/mortgages relating to worldpay ap ltd.. Currently there are 4 open charges and 0 have been satisfied in the past.
worldpay ap ltd. 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.
Click to start generating capital raising & share issue transactions for WORLDPAY AP LTD.. This can take several minutes, an email will notify you when this has completed.
worldpay ap ltd. Companies House Filings - See Documents
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