COMCARDE LIMITED
Company number SC454090 · Monitor this company
Executive summary
Comcarde Limited (BR-DGE) is a fast-growing, venture-backed payments technology business with strong revenue momentum (ARR up 375%) and a clean audit opinion, but it carries a critical liquidity weakness: cash of just £42,809 at 31 December 2025 against £9.97m of liabilities, following a year in which net assets swung from –£2.57m to +£10.02m on the back of a major equity injection. The company is solvent and compliant, but its survival depends on continued investor support — the £10m raised after the year-end is effectively its lifeline. Overall financial health grade: **C** — stable and improving, but liquidity-critical, with the prognosis hinging on converting rapid growth into cash generation before the current funding is exhausted.
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
- Phone
- 0446049250313
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 677 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 4,907 companies in this sector incorporated in 2013 are still active today; 67% have since been dissolved.
A fact about the year, not a forecast for this company.