Filing status
- Accounts due
- 30 September 2027
- Last accounts
- 31 December 2025
- Conf. stmt due
- 31 May 2027
- Last conf. stmt
- 17 May 2026
Palmpay (UK) Limited
- Incorporated
- 6 December 2017 (8 years)
- Previously known as
- Transsnet Payment Limited (until 6 August 2025)This list may be incomplete. See all names on Companies House
- Industry
- Information technology consultancy activities (62020)
- Directors
- Yuh-Chen Chiou
- Owned by
- Transsion Technology Limited
- Accounts type
- Full
- Region
- Greater London
- Address
- 5 Merchant SquareLondonW2 1AY
Officers 2 active
Officer details are public data from the Companies House register.
British
Born February 1980 (46)
Chiou, Yuh-Chen
Director · Appointed 28 April 2018
Chinese
Born January 1980 (46)
Officer history (9 former)
8 May 2024
Resigned Ye, Congxiao as Director
23 November 2021
Resigned Wang, Chiwei as Director
23 November 2021
23 November 2021
25 November 2020
Resigned Reeve, Gregory Francis, Non Executive Director as Director
3 December 2018
Appointed Ye, Congxiao as Director
4 May 2018
Appointed Reeve, Gregory Francis, Non Executive Director as Director
4 May 2018
Appointed Wang, Chiwei as Director
28 April 2018
Appointed Chiou, Yuh-Chen as Director
28 April 2018
Resigned Wang, Chiwei as Director
28 April 2018
Resigned Reeve, Gregory Francis as Director
22 February 2018
14 February 2018
Resigned Reeve, Gregory Francis, Non Executive Director as Director
13 February 2018
Appointed Reeve, Gregory Francis as Director
13 February 2018
Resigned Reeve, Gregory Francis, Non Executive Director as Director
13 February 2018
Appointed Reeve, Gregory Francis, Non Executive Director as Director
12 February 2018
11 February 2018
Appointed Reeve, Gregory Francis, Non Executive Director as Director
6 December 2017
Appointed Wang, Chiwei as Director
6 December 2017
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Transsion Technology Limited
Corporate entity · Notified 28 May 2020
Owns 25–50% of shares
Limited Company
Former controllers (2)
8 May 2024
Ceased Netease, Inc — Owns 25–50% of shares
6 December 2017
Ceased Transsnet Financial Service Limited — Owns 75–100% of shares (as a firm)
Financials
Figures from 2021 accounts. Newer accounts, made up to 31 December 2025, are filed but not read yet. See them on Companies House
- Net Assets
- (£414,835)
- down £1,173,923 (155%)
- 2020: £759,088 in the 2021 accounts
- Cash
- £117,578
- up £110,228 (1500%)
- 2020: £7,350 in the 2021 accounts
- Turnover
- £0
- no change
- 2020: £0 in the 2021 accounts
- Profit Before Tax
- (£1,173,923)
- up £62,897 (5%)
- 2020: (£1,236,820) in the 2021 accounts
- Employees
- 3
- up 1 (50%)
- Debt Ratio
- 101%
- Current Ratio
- 0.3x
Trend
Turnover
Balance sheet detail
| 2021 | 2020 | |
|---|---|---|
| Fixed Assets | £39,427,921 | £9,855,006 |
| Current Assets | £5,456,055 | £4,986,155 |
| Debtors | £5,338,477 | £4,978,806 |
| Cash | £117,578 | £7,349 |
| Creditors (< 1 year) | £19,918,656 | £110,280 |
| Creditors (> 1 year) | £25,380,155 | £14,158,562 |
| Net Current Assets | (£14,462,601) | £4,875,875 |
| Net Assets | (£414,835) | £572,319 |
| Shareholder Funds | (£414,835) | £572,319 |
| Turnover | £0 | £74,464 |
| Admin Expenses | £1,076,866 | £1,488,981 |
| Operating Profit | (£1,257,727) | (£1,414,517) |
| Profit Before Tax | (£1,173,923) | (£1,423,589) |
| Tax | £0 | £0 |
| Profit for Period | (£1,173,923) | (£1,423,589) |
Filings
Recent filings only. See the full history on Companies House
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 18 September 2026 | Full accounts | 31 December 2025 | ||
| 3 February 2026 | Replacement filing of Confirmation Statement | 17 June 2022 | 3 | |
| 3 February 2026 | Replacement filing of Confirmation Statement | 9 November 2022 | 3 | |
| 30 January 2026 | Statement of capital following an allotment of shares | 3 | ||
| 30 January 2026 | Statement of capital following an allotment of shares | 3 |
Some other companies at this address
Other companies in this industry
London
London
Aberdeen
Edinburgh
By trade and location
Explore the largest companies
Need accounts figures, ownership or websites for thousands of companies? Bulk data & API →