Nexpay Merchant Services Limited
Registered name: NEXPAY MERCHANT SERVICES LIMITED
Part of Valtura Payments Group Ltd. groupNexpay Merchant Services Limited made £320k revenue and a £21.1k loss in the year to 31 Mar 2025.
Nexpay Merchant Services Limited’s revenue fell 8% to £320k in the year to 31 Mar 2025, with a loss of £21.1k and 2 employees. The company is classified under “other service activities” and is based in Plymouth; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Plymouth, South West
- Age
- 13 yrs · since 2012
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £344k | £349k | £320k |
| Cost of sales | £61.1k | £62.5k | £43.7k |
| Gross profit | £283k | £287k | £277k |
| Operating profit | £109k | £113k | −£17k |
| Profit before tax | £103k | £106k | −£21.1k |
| Profit after tax | £76.8k | £62.4k | −£21.1k |
| Profit (best available) | £76.8k | £62.4k | −£21.1k |
| Employees (average) | 2 | 2 | 2 |
| Ratios | |||
| Profit margin | 22.3% | 17.8% | −6.6% |
| Gross margin | 82.3% | 82.1% | 86.4% |
| Revenue per employee | £172k | £175k | £160k |
| Profit per employee | £38.4k | £31.2k | −£10.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲1.4% | ▼8.3% |
| Profit growth | — | ▼18.8% | ▼133.8% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £68.6k | £90.7k | £79.3k |
| Net assets | £152k | £154k | £133k |
| Fixed assets | £140k | £95.3k | £91.5k |
| Current assets | £153k | £192k | £120k |
| Debtors | £17k | £20.4k | £22.5k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −6.6%
- Profit ÷ revenue.
- Gross margin
- 86.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £160k
- Revenue ÷ average employees.
- Profit per employee
- −£10.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼14%
- Now £133k
- Cash at bank
- ▼13%
- Now £79.3k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼4%
- Now £91.5k
Group structure
Ownership chain
- Valtura Payments Group Ltd.ultimate parent75–100%
- Nexpay Merchant Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Fraud Defence First LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£21.1k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.