COMCARDE LIMITED
Company number SC454090 · Monitor this company
Executive summary
COMCARDE LIMITED is a high-growth software company displaying the classic symptoms of venture-scale investment: rapidly expanding assets driven by capitalised development costs, paired with significant operational losses. While the balance sheet shows net assets of £3.9M, the business suffers from negative working capital and an accumulated loss of £7.2M, leaving it entirely dependent on the financial life support of its parent company, Monarch Technology Investments Ltd, to meet its short-term debts. The immediate priority is to formalise parent company funding arrangements while aggressively transitioning the BR-DGE platform from development to revenue generation to achieve self-sufficiency.
Shareholders' funds
£30,387,258
Balance sheet as at 2025-12-31
What it does
The principal activities of the company are software development and the provision of payment orchestration and other related services to its customers.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-07-09
- Employees
- 83 (2025 accounts · was 73 in 2024)
- Registered office
- 56 George Street, Edinburgh, United Kingdom, EH2 2LR
- Postcode
- EH2 2LR
- Capital
- 41 GBP
- Accounts category
- Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-12-22
- Next due by
- 2027-01-05
Nature of business (SIC)
- 62012 Business and domestic software development
- 62090 Other information technology service activities
Officers 7 current · 16 resigned
Group structure
Controlled by MONARCH TECHNOLOGY INVESTMENTS LIMITED — since 2023-12-22
Controlled by HIGHLAND AND UNIVERSAL INVESTMENTS LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB262747 (Tier 2), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- comcarde.com
BR-DGE offers innovative payment orchestration solutions, empowering merchants, payment providers, and platforms.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 5 DRUMMOND STREET, INVERNESS, IV1 1QF | 2019-02-08 |
| 3-8 MILIFIACH, KIRKHILL, INVERNESS, IV5 7PH, SCOTLAND | 2014-07-01 |
Among its peers
Top 1%
by shareholders' funds, of 673 similar companies in EH
Among the biggest employers among its local peers (83 staff).
Among the oldest 25% of its local peers, trading since 2013.
No.1 of the largest business and domestic software development companies in Edinburgh →
Competitors Edinburgh
-
2. AVENI LTD
This company ranks 1 among business and domestic software development in Edinburgh.
The class of 2013
31%
of the 4,903 companies in this sector incorporated in 2013 are still active today; 66% have since been dissolved.
A fact about the year, not a forecast for this company.