PAYCASSO VERIFY LIMITED
Company number 08057477 · Monitor this company
Executive summary
Paycasso Verify Limited (Xydus) is a RegTech firm navigating a critical turnaround, transitioning from a period of severe cash burn to a stabilization phase under new leadership. While the balance sheet reflects deep historical losses and acute liquidity constraints, post-year-end debt-to-equity conversions and a scalable SaaS revenue model provide a foundation for recovery. The immediate strategic imperative is to convert outstanding debtors into cash and accelerate transaction-fee revenues to secure a sustainable growth trajectory.
Shareholders' funds
-£11,723,208
Balance sheet as at 2025-05-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-05-04
- Employees
- 12 (2025 accounts · was 22 in 2024)
- Registered office
- Harben House Harben Parade, Finchley Road, London, United Kingdom, NW3 6LH
- Postcode
- NW3 6LH
- Capital
- 822 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-05-31
- Next due by
- 2027-02-28
- Financial year end
- 30 May
Confirmation statement
- Last statement dated
- 2026-05-04
- Next due by
- 2027-05-18
Nature of business (SIC)
- 62090 Other information technology service activities
Officers 3 current · 13 resigned
Group structure 1 subsidiary
From persons-with-significant-control filings on the public register.
Contact details
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 20-22 BEDFORD ROW, LONDON, WC1R 4JS | 2017-09-26 |
Among its peers
Among the biggest employers
of 310 similar companies in NW, with 12 staff. Among the oldest 25% of its local peers.
Competitors London
-
4. GRANTIFY LTD
This company ranks 524 among other information technology service activities in London.
The class of 2012
23%
of the 5,893 companies in this sector incorporated in 2012 are still active today; 74% have since been dissolved.
A fact about the year, not a forecast for this company.