PAYALLY LIMITED
Company number 10600055 · Monitor this company
Executive summary
PayAlly Limited has successfully transitioned from a high-growth payment institution into a fully licensed electronic money issuer and Mastercard Principle Member, leveraging key technology partnerships to achieve profitability while doubling its top-line revenue. The company's strategic advantage now lies in deploying its direct issuing capabilities to capture greater SME market share and unlock recurring interchange revenue. However, realizing this potential requires immediate remediation of corporate governance lapses—specifically overdue statutory filings—and meticulous scaling of operational infrastructure to support direct card issuance.
Shareholders' funds
£1,600,000
Balance sheet as at 2024-12-31
What it does
Providing e-commerce card acquiring, currency exchange, money transfer services and prepaid card issuign together with electronic money.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2017-02-03
- Employees
- 45 (2024 accounts)
- Registered office
- 80 Coleman Street, London, United Kingdom, EC2R 5BJ
- Postcode
- EC2R 5BJ
- Capital
- 751,175 GBP
- Accounts category
- Full
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-12-31
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-03-21
- Next due by
- 2027-04-04
Nature of business (SIC)
- 62012 Business and domestic software development
- 64999 Financial intermediation not elsewhere classified
Officers 2 current · 4 resigned
Group structure
Controlled by FRUITS DE MER LIMITED — since 2017-02-03
Controlled by AKDE LTD — since 2017-02-03
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA265458 (Tier 2), registered since 2017.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- payally.uk
- Phone
- +44 2074896480, +44 2032860201
PayAlly provides integrated card acquiring and payments platform for small and medium companies selling their goods and services over Internet
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 80-83 LONG LANE, LONDON, EC1A 9ET, UNITED KINGDOM | 2017-08-02 |
| 80 COLEMAN STREET 80 COLEMAN STREET, LONDON, EC2R 5BJ, UNITED KINGDOM | 2017-08-02 |
Among its peers
Top 10%
by shareholders' funds, of 4,258 similar companies in EC
Among the biggest employers among its local peers (45 staff).
Among the oldest 25% of its local peers, trading since 2017.
Competitors London
This company ranks 327 among business and domestic software development in London.
The class of 2017
31%
of the 7,455 companies in this sector incorporated in 2017 are still active today; 65% have since been dissolved.
A fact about the year, not a forecast for this company.
This company's registered activities are in financial services. If it carries on regulated business, it should appear on the FCA's Financial Services Register — the official record of authorised firms.