worldremit finance limited
worldremit finance limited Company Information
Company Number
12277167
Next Accounts
Sep 2025
Shareholders
worldremit group limited
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
51 eastcheap, london, EC3M 1DT
Website
worldremit.comworldremit finance limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDREMIT FINANCE LIMITED at £0 based on a Turnover of £0 and 1.25x industry multiple (adjusted for size and gross margin).
worldremit finance limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDREMIT FINANCE LIMITED at £0 based on an EBITDA of £0 and a 4.32x industry multiple (adjusted for size and gross margin).
worldremit finance limited Estimated Valuation
Pomanda estimates the enterprise value of WORLDREMIT FINANCE LIMITED at £507.3m based on Net Assets of £388.7m and 1.31x industry multiple (adjusted for liquidity).
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Worldremit Finance Limited Overview
Worldremit Finance Limited is a live company located in london, EC3M 1DT with a Companies House number of 12277167. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2019, it's largest shareholder is worldremit group limited with a 100% stake. Worldremit Finance Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Worldremit Finance Limited Health Check
There is insufficient data available to calculate a health check for Worldremit Finance Limited. Company Health Check FAQs
0 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
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Debt Level
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
WORLDREMIT FINANCE LIMITED financials
Worldremit Finance Limited's latest turnover from December 2023 is 0 and the company has net assets of £388.7 million. According to their latest financial statements, we estimate that Worldremit Finance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 388,716,726 | 239,642,109 | 100,100,000 | |
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 388,716,726 | 239,642,109 | 100,100,000 | |
| Stock & work in progress | ||||
| Trade Debtors | ||||
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | 234,278,960 | |||
| total current assets | 234,278,960 | |||
| total assets | 388,716,726 | 234,278,960 | 239,642,109 | 100,100,000 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | ||||
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | ||||
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | ||||
| net assets | 388,716,726 | 234,278,960 | 239,642,109 | 100,100,000 |
| total shareholders funds | 388,716,726 | 234,278,960 | 239,642,109 | 100,100,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | ||||
| Creditors | ||||
| Accruals and Deferred Income | ||||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 388,716,726 | -239,642,109 | 139,542,109 | 100,100,000 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | 154,437,766 | |||
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
worldremit finance limited Credit Report and Business Information
Worldremit Finance Limited Competitor Analysis
Perform a competitor analysis for worldremit finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in EC3M area or any other competitors across 12 key performance metrics.
worldremit finance limited Ownership
WORLDREMIT FINANCE LIMITED group structure
Worldremit Finance Limited has 1 subsidiary company.
Ultimate parent company
1 parent
WORLDREMIT FINANCE LIMITED
12277167
1 subsidiary
worldremit finance limited directors
Worldremit Finance Limited currently has 3 directors. The longest serving directors include Mr Andras Mecser (Oct 2019) and Mr Breon Corcoran (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andras Mecser | 44 years | Oct 2019 | - | Director | |
| Mr Breon Corcoran | England | 53 years | Sep 2020 | - | Director |
| Mr Mark Lenhard | England | 47 years | Dec 2022 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
388.7m
+0.66%
total assets
388.7m
+0.66%
cash
0
0%
net assets
Total assets minus all liabilities
worldremit finance limited company details
company number
12277167
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 2019
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
51 eastcheap, london, EC3M 1DT
Bank
-
Legal Advisor
-
worldremit finance 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 found 4 charges/mortgages relating to worldremit finance limited. Currently there are 1 open charges and 3 have been satisfied in the past.
worldremit finance 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 WORLDREMIT FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
worldremit finance limited Companies House Filings - See Documents
| date | description | view/download |
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