EPAYMENTS SYSTEMS LIMITED
Company number 08134141 · Monitor this company
Executive summary
EPAYMENTS SYSTEMS LIMITED is an FCA-regulated electronic money institution currently in Administration, following a regulatory intervention in 2020 and a Board decision to wind down operations in 2022. The company's balance sheet has contracted by 72% over two years, with total assets of £17.98M nearly equal to liabilities of £17.88M, leaving minimal net assets. The auditor issued a qualified opinion citing inability to verify an intercompany receivable of £325,054 and payroll expenses of £1.82M at a disposed subsidiary, and the financial statements were prepared on a non-going concern basis. The company's financial health is critically poor, with the solvent wind-down anticipated by the Board having given way to formal insolvency proceedings.
Shareholders' funds
£21,449,690
Balance sheet as at 2025-04-30
What it does
The principal activity of the
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-07-09
- Employees
- 56 (2025 accounts · was 114 in 2024)
- Registered office
- C/O Opus Restructuring Llp 1 Radian Court, Knowlhill, Milton Keynes, Bucks, United Kingdom, MK5 8PJ
- Postcode
- MK5 8PJ
- Capital
- 21 GBP
- Accounts category
- Group
Accounts
- Last made up to
- 2025-04-30
- Next due by
- 2027-01-29
- Financial year end
- 29 April
Confirmation statement
- Last statement dated
- 2026-07-03
- Next due by
- 2027-07-17
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 2 current · 3 resigned
Contact details
- Website
- epayments.com
ePayments.com is electronic payment system and authorised by the Financial Conduct Authority (FCA) under the Electronic Money Regulations for the issuing of electronic money and the provision of payment services under Firm Reference Number 900172.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 5TH FLOOR 24 SAVILE ROW, LONDON, W1S 2ES, UNITED KINGDOM | 2020-05-28 |
| PALLADIUM HOUSE 1-4 ARGYLL STREET, LONDON, W1F 7LD | 2019-10-30 |
Among its peers
Top 1%
by shareholders' funds, of 1,302 similar companies in MK
Among the biggest employers among its local peers (56 staff).
Trading since 2012.
Competitors Milton Keynes
This company ranks 3 among other business support service activities not elsewhere classified in Milton Keynes.
The class of 2012
20%
of the 25,427 companies in this sector incorporated in 2012 are still active today; 77% have since been dissolved.
A fact about the year, not a forecast for this company.