interswitch holdings limited
interswitch holdings limited Company Information
Company Number
12154760
Next Accounts
Dec 2025
Industry
Activities of financial services holding companies
Shareholders
ignite holdco limited
visa international service association
View AllGroup Structure
View All
Contact
Registered Address
2nd floor, 12 charles ii street, london, SW1Y 4QU
Website
-interswitch holdings limited Estimated Valuation
Pomanda estimates the enterprise value of INTERSWITCH HOLDINGS LIMITED at £109.1m based on a Turnover of £43.1m and 2.53x industry multiple (adjusted for size and gross margin).
interswitch holdings limited Estimated Valuation
Pomanda estimates the enterprise value of INTERSWITCH HOLDINGS LIMITED at £97.3m based on an EBITDA of £10.6m and a 9.2x industry multiple (adjusted for size and gross margin).
interswitch holdings limited Estimated Valuation
Pomanda estimates the enterprise value of INTERSWITCH HOLDINGS LIMITED at £45.3m based on Net Assets of £25.2m and 1.8x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Interswitch Holdings Limited Overview
Interswitch Holdings Limited is a live company located in london, SW1Y 4QU with a Companies House number of 12154760. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in August 2019, it's largest shareholder is ignite holdco limited with a 51.6% stake. Interswitch Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £43.1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Interswitch Holdings Limited Health Check
Pomanda's financial health check has awarded Interswitch Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £43.1m, make it larger than the average company (£11.9m)
£43.1m - Interswitch Holdings Limited
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (9.3%)
-15% - Interswitch Holdings Limited
9.3% - Industry AVG
Production
with a gross margin of 89%, this company has a comparable cost of product (77.4%)
89% - Interswitch Holdings Limited
77.4% - Industry AVG
Profitability
an operating margin of 10.5% make it more profitable than the average company (7.6%)
10.5% - Interswitch Holdings Limited
7.6% - Industry AVG
Employees
with 1346 employees, this is above the industry average (64)
1346 - Interswitch Holdings Limited
64 - Industry AVG
Pay Structure
on an average salary of £7.6k, the company has a lower pay structure (£80.1k)
£7.6k - Interswitch Holdings Limited
£80.1k - Industry AVG
Efficiency
resulting in sales per employee of £32k, this is less efficient (£210k)
£32k - Interswitch Holdings Limited
£210k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (44 days)
50 days - Interswitch Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 290 days, this is slower than average (46 days)
290 days - Interswitch Holdings Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (27 days)
21 days - Interswitch Holdings Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is average cash available to meet short term requirements (29 weeks)
30 weeks - Interswitch Holdings Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.5%, this is a higher level of debt than the average (55.4%)
68.5% - Interswitch Holdings Limited
55.4% - Industry AVG
INTERSWITCH HOLDINGS LIMITED financials
Interswitch Holdings Limited's latest turnover from March 2024 is £43.1 million and the company has net assets of £25.2 million. According to their latest financial statements, Interswitch Holdings Limited has 1,346 employees and maintains cash reserves of £20.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Turnover | 43,071,753 | 31,278,856 | 26,823,701 | 70,636,547 | 58,604,944 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,748,833 | 3,381,752 | 3,233,281 | 5,467,819 | 5,057,821 |
| Gross Profit | 38,322,920 | 27,897,104 | 23,590,421 | 65,168,728 | 53,547,123 |
| Admin Expenses | 33,779,924 | 20,126,500 | 16,384,142 | 51,913,519 | 67,084,799 |
| Operating Profit | 4,542,996 | 7,770,604 | 7,206,279 | 13,255,209 | -13,537,676 |
| Interest Payable | 6,504,562 | 2,491,199 | 1,997,436 | 6,363,441 | 3,045,890 |
| Interest Receivable | 1,175,812 | 489,216 | 78,048 | 881,147 | 1,390,857 |
| Pre-Tax Profit | -785,754 | 5,768,622 | 5,286,891 | 7,743,966 | -15,610,840 |
| Tax | 1,360,972 | -3,123,750 | -2,097,854 | -7,212,020 | 3,742,193 |
| Profit After Tax | 575,217 | 2,644,872 | 3,189,037 | 531,945 | -11,868,647 |
| Dividends Paid | 0 | 0 | 0 | 0 | 8,401,127 |
| Retained Profit | 745,339 | 2,831,912 | 3,286,473 | 1,056,653 | -19,968,859 |
| Employee Costs | 10,257,574 | 8,504,195 | 6,923,913 | 22,327,228 | 30,290,943 |
| Number Of Employees | 1,346 | 1,184 | 1,093 | 850 | 955 |
| EBITDA* | 10,579,958 | 11,809,344 | 10,665,749 | 22,649,290 | -6,280,726 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 12,769,920 | 6,373,916 | 9,027,236 | 28,184,055 | 8,423,870 |
| Intangible Assets | 21,296,203 | 9,529,623 | 6,386,525 | 21,627,014 | 21,765,601 |
| Investments & Other | 383,478 | 124,536 | 1,137,911 | 184,552 | 2,115,153 |
| Debtors (Due After 1 year) | 4,305,201 | 1,315,856 | 837,153 | 4,054,725 | 3,780,681 |
| Total Fixed Assets | 34,066,123 | 15,903,539 | 14,576,607 | 46,378,755 | 36,085,306 |
| Stock & work in progress | 283,849 | 336,483 | 288,330 | 740,019 | 486,363 |
| Trade Debtors | 6,012,056 | 3,666,071 | 1,929,330 | 6,296,495 | 6,618,380 |
| Group Debtors | 213,826 | 175,760 | 0 | 618,793 | 4,272,293 |
| Misc Debtors | 18,725,112 | 12,731,384 | 9,329,486 | 29,655,046 | 23,886,002 |
| Cash | 20,502,458 | 14,309,002 | 12,340,056 | 36,067,339 | 42,017,880 |
| misc current assets | 0 | 0 | 189,403 | 0 | 0 |
| total current assets | 45,737,303 | 31,218,703 | 24,076,606 | 73,377,693 | 77,280,918 |
| total assets | 79,803,426 | 47,122,242 | 38,653,213 | 119,756,448 | 113,366,224 |
| Bank overdraft | 0 | 0 | 0 | 1 | 0 |
| Bank loan | 0 | 0 | 0 | 593,462 | 2,720,481 |
| Trade Creditors | 3,779,329 | 1,930,550 | 863,501 | 2,444,415 | 3,143,862 |
| Group/Directors Accounts | 0 | 1 | 25,850 | 1 | 0 |
| other short term finances | 806,902 | 854,836 | 1,498,325 | 5,466,009 | 0 |
| hp & lease commitments | 2,683,407 | 158,842 | 224,699 | 81,420 | 101,471 |
| other current liabilities | 27,215,205 | 14,446,695 | 11,800,677 | 32,817,766 | 34,083,871 |
| total current liabilities | 34,484,847 | 17,390,928 | 14,413,054 | 41,403,076 | 40,049,686 |
| loans | 40,289,185 | 21,354,005 | 21,555,699 | 81,074,615 | 41,986,388 |
| hp & lease commitments | 9,408,846 | 7,049 | 7,456 | 1,101,886 | 670,060 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 302,664 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,149,057 | 10,683,817 | 10,894,922 | 41,873,504 | 42,959,114 |
| total liabilities | 54,633,904 | 28,074,745 | 25,307,976 | 83,276,580 | 83,008,800 |
| net assets | 25,169,522 | 18,836,020 | 13,345,237 | 36,479,868 | 30,357,424 |
| total shareholders funds | 25,169,521 | 18,836,020 | 13,345,236 | 36,479,868 | 30,357,424 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 4,542,996 | 7,770,604 | 7,206,279 | 13,255,209 | -13,537,676 |
| Depreciation | 2,526,445 | 2,123,229 | 2,096,363 | 5,413,539 | 3,896,149 |
| Amortisation | 3,510,517 | 1,915,511 | 1,363,108 | 3,980,543 | 3,360,800 |
| Tax | 1,360,972 | -3,123,750 | -2,097,854 | -7,212,020 | 3,742,193 |
| Stock | -52,634 | 48,153 | -451,689 | 253,656 | 486,363 |
| Debtors | 11,367,123 | 5,793,104 | -28,529,092 | 2,067,704 | 38,557,356 |
| Creditors | 1,848,779 | 1,067,049 | -1,580,915 | -699,447 | 3,143,862 |
| Accruals and Deferred Income | 12,768,510 | 2,646,018 | -21,017,089 | -1,266,105 | 34,083,871 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 15,243,730 | 6,557,404 | 14,950,673 | 11,150,359 | -4,354,520 |
| Investing Activities | |||||
| capital expenditure | 0 | ||||
| Change in Investments | 258,942 | -1,013,375 | 953,359 | -1,930,601 | 2,115,153 |
| cash flow from investments | -2,115,153 | ||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | -593,462 | -2,127,019 | 2,720,481 |
| Group/Directors Accounts | -1 | -25,850 | 25,849 | 1 | 0 |
| Other Short Term Loans | -47,934 | -643,489 | -3,967,684 | 5,466,009 | 0 |
| Long term loans | 18,935,180 | -201,694 | -59,518,916 | 39,088,227 | 41,986,388 |
| Hire Purchase and Lease Commitments | 11,926,362 | -66,264 | -951,151 | 411,775 | 771,531 |
| other long term liabilities | 0 | 0 | 0 | -302,664 | 302,664 |
| share issue | |||||
| interest | -5,328,750 | -2,001,983 | -1,919,388 | -5,482,294 | -1,655,033 |
| cash flow from financing | 31,073,019 | -280,408 | -93,345,857 | 42,119,826 | 94,452,314 |
| cash and cash equivalents | |||||
| cash | 6,193,456 | 1,968,946 | -23,727,283 | -5,950,541 | 42,017,880 |
| overdraft | 0 | 0 | -1 | 1 | 0 |
| change in cash | 6,193,456 | 1,968,946 | -23,727,282 | -5,950,542 | 42,017,880 |
interswitch holdings limited Credit Report and Business Information
Interswitch Holdings Limited Competitor Analysis
Perform a competitor analysis for interswitch holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
interswitch holdings limited Ownership
INTERSWITCH HOLDINGS LIMITED group structure
Interswitch Holdings Limited has no subsidiary companies.
Ultimate parent company
INTERSWITCH HOLDINGS LIMITED
12154760
interswitch holdings limited directors
Interswitch Holdings Limited currently has 8 directors. The longest serving directors include Mr Naveen Wadhera (Aug 2019) and Mr John Maguire (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Naveen Wadhera | United Kingdom | 47 years | Aug 2019 | - | Director |
| Mr John Maguire | England | 59 years | Oct 2019 | - | Director |
| Mr Mitchell Elegbe | England | 52 years | Oct 2019 | - | Director |
| Sir Kenneth Olisa Obe | 73 years | Oct 2019 | - | Director | |
| Mr John Chaplin | Jersey | 73 years | Oct 2019 | - | Director |
| Ms Karima Olokun-Ola | United Kingdom | 54 years | May 2022 | - | Director |
| Mr Elias Yazbeck | England | 37 years | Mar 2024 | - | Director |
| Mr Stephen Cooper | Uk | 61 years | Jul 2024 | - | Director |
P&L
March 2024turnover
43.1m
+38%
operating profit
4.5m
-42%
gross margin
89%
-0.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
25.2m
+0.34%
total assets
79.8m
+0.69%
cash
20.5m
+0.43%
net assets
Total assets minus all liabilities
interswitch holdings limited company details
company number
12154760
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
August 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
ARNOLD HILL & CO LLP
address
2nd floor, 12 charles ii street, london, SW1Y 4QU
Bank
CITIBANK UK LIMITED
Legal Advisor
-
interswitch holdings 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 interswitch holdings limited.
interswitch holdings 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.
Click to start generating capital raising & share issue transactions for INTERSWITCH HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
interswitch holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
