Rewardpay Media Ltd

RewardPay Media Ltd, based in Norwich, UK, is a small holding company with an active status, established seventeen years ago. The company, with just £1,516 in assets, operates an e-commerce site and has three directors and one owner. It’s a real address, with five companies registered at the same location.

The company's website, RewardPay, functions as a coupon and deal aggregator, operating across seventeen countries. It allows users to save on purchases from top brands, offering tailored deals and discounts. The site also features articles and blog content related to personal finance, shopping tips, and lifestyle trends. RewardPay partners with brands like AliExpress, Daraz, Banggood, Hotelscombined, and more, providing users with a wide range of savings opportunities. The site also offers services for brands, providing reward payment services and integrating with mobile and open banking partners.

Financially, RewardPay Media Ltd presents a mixed picture. Accumulated amortisation for intangible assets remained constant at £63,000, and cash bank on hand increased by 62% to £560. However, current assets dramatically decreased by 97%, plummeting to just £1,500. Net assets also declined significantly, falling 17% to -£410,000. Creditors remained relatively stable, but trade creditors decreased slightly. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in equity and current assets suggests potential financial pressure. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

The company's financial data indicates a period of contraction, with reduced assets and increased liabilities. It’s possible that the company is reinvesting in its platform or expanding its marketing efforts, which could explain the short-term decline in profitability. The continued operation of the e-commerce site and partnerships with major brands suggests that RewardPay Media Ltd remains a viable business, but its financial health warrants close monitoring.

Registered in England/Wales under the registration number 06270919, with a registered address at NR2 1DP, England, Norwich, Norfolk, 35-37 Exchange Street.

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