Payfacto Uk Ltd

Payfacto Uk Ltd, based in Glasgow, UK, is a small, holding company with an active status. Founded 25 years ago in May 1999, the company employs 11 people and holds £438,019 in assets. It operates from a real address, with two directors and one owner at the helm. The company is irregular importer, with no import activity recorded in the last eight years, and a regular exporter of machinery, boilers, and mechanical appliances; parts, with three months of export activity recorded.

Payfacto’s website reveals it’s a provider of industry-leading payment processing technologies. The site highlights solutions for in-person transactions (countertop, mobile, unattended terminals), online e-commerce, and hospitality point-of-sale systems. It even offers specialized POS software like Veloce and Maitre'D, catering to restaurants and bars. The website emphasizes partnerships, integrated solutions, and a focus on serving ISOs, ISVs, and payment facilitators. The company’s website also mentions a presence in Canada and the USA.

Financially, Payfacto Uk Ltd’s recent performance presents a mixed picture. Cash bank on hand has decreased significantly, dropping 84% to £18,000. However, net assets have increased by 51%, reaching £350,000, largely due to retained earnings. Trade debtors have also surged, increasing 95% to £410,000, which could indicate a period of growth but also potential challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings to zero, and the decrease in finished goods by 61%, suggests a need for careful management. The accounts are unaudited, and no auditor is mentioned. Overall, Payfacto Uk Ltd appears to be navigating a period of change, with growth in some areas offset by financial pressures.

Registered in Scotland under the registration number SC196174, with a registered address at G2 6TS, Scotland, Glasgow, Suite 2, 2nd Floor The Mercantile Building, 53 Bothwell Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.