Retail Merchant Services Limited
Private Limited Company · London
ActiveUnited KingdomIncorporated 2007Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£3,346,657
Cash
£265,016
Turnover
£3,704,719
Profit / loss
−£2,562,706
Current assets
£4,100,122
Creditors < 1 year
£2,193,967
Equity
£3,346,657
Average employees
16
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £3,346,657 | −£59,332,185 |
| Equity | £3,346,657 | −£59,332,185 |
| Share capital | £64,958,654 | £100 |
| Retained earnings | −£64,011,997 | −£61,732,285 |
| Assets | ||
| Fixed assets | £1,440,502 | £2,325,368 |
| Intangible assets | £11,369 | £23,534 |
| Property, plant & equipment | £1,429,133 | £2,301,834 |
| Current assets | £4,100,122 | £20,656,024 |
| Cash at bank | £265,016 | £248,941 |
| Debtors | £3,280,063 | £19,851,236 |
| Stock | £555,043 | £555,847 |
| Liabilities | ||
| Creditors within one year | £2,193,967 | £82,313,577 |
| Net current assets | £1,906,155 | −£61,657,553 |
| Assets less current liabilities | £3,346,657 | −£59,332,185 |
| Profit & loss | ||
| Turnover | £3,704,719 | £6,093,309 |
| Cost of sales | £2,193,976 | £2,816,318 |
| Gross profit | £1,510,743 | £3,276,991 |
| Distribution costs | £5,508 | £7,367 |
| Administrative expenses | £2,654,526 | £4,523,644 |
| Operating profit | −£1,149,291 | −£1,254,020 |
| Interest receivable | £136,035 | £908,012 |
| Interest payable | £2,986,687 | £4,768,171 |
| Profit before tax | −£3,999,943 | −£5,114,179 |
| Tax | −£1,437,237 | −£797,454 |
| Profit / loss | −£2,562,706 | −£4,316,725 |
| Operating costs | ||
| Amortisation | £12,165 | — |
| People & pay | ||
| Average employees | 16 | 21 |
| Staff costs | £1,045,936 | £1,373,745 |
| Wages & salaries | £936,949 | £1,241,447 |
| Social security costs | £80,012 | £93,641 |
| Pension costs | £28,975 | £38,657 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Deloitte LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Teya Europe Ltd.
- Ultimate parent
- Teya Holdings Ltd.
- Ultimate controlling party
- Teya Holdings Ltd.
- Accounts
- FRS 102
- Approved
- 2026-09-07, signed by Mr Thomas Mylrea Lowndes
Turnover by segment (4)
- United Kingdom: 3,502,061 (2025-12-31)
- United Kingdom: 5,858,732 (2024-12-31)
- Rest of the world: 202,658 (2025-12-31)
- Rest of the world: 234,577 (2024-12-31)
Related parties (3)
- Teya Europe Ltd. · Immediate parent · Transactions and balances arising in the normal course of business; included within debtors and creditors
- Teya Holdings Ltd. · Ultimate parent · Funding arrangements and letter of support
- Retail Merchant Finance Limited · Fellow group company · Intercompany balances assigned and set off as part of the intragroup recapitalisation · £65.0 million
Share classes (2)
- 64,958,654 Ordinary of £1.00
- 100 Ordinary of £1.00
Events after the year end (2)
- In April 2026, the put-back period associated with the sale of aged trade receivables back in 2025 lapsed; the Company recognised the remaining £0.25 million profit from the sale and released the related provision.
- In June 2026, the Company completed an internal group reorganisation and acquired the business of Retail Merchant Finance Limited as a going concern.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 3 satisfied / released
Floating · created 2017-03-13 · satisfied 2021-12-02
—
SatisfiedUnknown · created 2012-05-03 · satisfied 2013-10-09
All monies
SatisfiedUnknown · created 2007-06-29 · satisfied 2013-10-09
All monies
Satisfied