Monek Merchant Services Ltd

Active11894023 Private limited company

What Monek Merchant Services say about themselves

“FCA-authorised UK payment gateway for small business. Card machines, online payments and virtual terminal at 0.99% blended (or IC++ from 0.49% above £200k turnover). Save 34% vs Stripe. 18,000+ UK merchants.”

— from www.monek.co.uk

Incorporated: 20 March 2019 (7 years)
Previously known as: Nowpay Ltd (until 28 March 2022)
Nowpay Services Limited (until 28 November 2019)
This list may be incomplete. See all names on Companies House
Industry: Other information technology service activities (62090)
Directors: Stephen Nicholls
Miles Scott Carroll
Owned by: Monek Group Limited
Accounts type: Small
Region: West Midlands
Address: Sterling House
F2/f3 Davidson Road
Lichfield
WS14 9DZ

Website & contact details

Website: www.monek.co.uk

Filing status

Accounts due: 31 March 2027
Last accounts: 30 June 2025
Conf. stmt due: 2 April 2027
Last conf. stmt: 19 March 2026

Charges

Total: 1
Outstanding: 1
Part satisfied: 0
Satisfied: 0

Officers 3 active

Officer details are public data from the Companies House register.

Nicholls, Stephen

Secretary · Appointed 1 August 2023

Nicholls, Stephen

Director · Appointed 1 August 2023

British

Born March 1982 (44)

Carroll, Miles Scott

Director · Appointed 20 March 2019

Also at Klixpay Ltd, Monek Group Limited, Monek Data Services Limited · more companies

British

Born December 1966 (59)

Officer history (2 former)

1 August 2023

Appointed Nicholls, Stephen as Secretary

1 August 2023

Appointed Nicholls, Stephen as Director

1 August 2023

Resigned Rana, Sash as Director

1 August 2023

Resigned Rana, Sash as Secretary

1 May 2020

Appointed Rana, Sash as Director

5 April 2019

Appointed Rana, Sash as Secretary

20 March 2019

Appointed Carroll, Miles Scott as Director

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Monek Group Limited

Corporate entity · Notified 20 March 2019

Owns 75–100% of shares

Holds 75–100% of voting rights

Right to appoint and remove directors

Private Limited Company

Reg. no. 11091040

Group structure 5 companies

Ownership group derived from the Companies House PSC register

Monek Group Limited

Monek Data Services Limited Owns 75–100% of shares

Monek Limited Owns 75–100% of shares

Monek Merchant Services Ltd This company Owns 75–100% of shares

Secure Hosting Limited Owns 75–100% of shares

Financials

Balance sheet as at 30 June 2025 · small accounts

Net Assets: £1,947,125
Cash: £308,679
Employees: 3

Current Ratio: 3.1x

Trend

Net Assets

Balance sheet detail

	2025	2024	2023	2021	2020	2019
Current Assets	£2,863,103	£1,218,149	£599,239
Cash	£308,679	£268,869	£210,394	£114,274
Creditors (< 1 year)	£915,978	£730,700	£395,612
Net Current Assets	£1,947,125	£487,449	£203,627
Net Assets	£1,947,125	£487,449	£203,627	£114,274	£1	£1
Shareholder Funds	£1,947,125	£487,449	£203,627	£114,274	£1	£1