How much does Glint Pay UK Ltd make?

Glint Pay UK Ltd reported revenue of £281k and £20.4m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Glint Pay UK Ltd have?

Glint Pay UK Ltd reported an average of 17 employees in the year to 31 Dec 2023.

Is Glint Pay UK Ltd profitable?

Yes — Glint Pay UK Ltd reported a profit of £20.4m in the year to 31 Dec 2023.

Company No. 09696898 · Incorporated 21 Jul 2015

Glint Pay UK Ltd

Registered name: GLINT PAY UK LTD

Part of Glint Pay Ltd group

Glint Pay UK Ltd made £281k revenue and £20.4m profit in the year to 31 Dec 2023. read from filing text

Glint Pay UK Ltd’s revenue was £281k in the year to 31 Dec 2023, with £20.4m profit and 17 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: London, London
Age: 11 yrs · since 2015
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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. From the filing: “The Company is a subsidiary undertaking of Glint Pay Ltd”

Latest accounts · year to 31 Dec 2023

Key figures

Doing more with less

Revenue

£281k

Growth ▲0%

Profit

£20.4m

Growth —

Profit margin

7240%

Gross 52.1%

Employees

Change ▼29.2%

Profit / employee

£1.2m

Revenue/employee £16.5k

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£296k	£281k	£281k
Cost of sales	£74.9k	£111k	£135k
Gross profit	£221k	£171k	£147k
Operating profit	−£3.9m	−£5.4m	£20.1m
Profit before tax	−£3.9m	−£5.4m	£20.1m
Profit after tax	−£3.9m	−£5m	£20.4m
Profit (best available)	−£3.9m	−£5m	£20.4m
Employees (average)	20	24	17
Ratios
Profit margin	−1329%	−1786%	7240%
Gross margin	74.7%	60.6%	52.1%
Revenue per employee	£14.8k	£11.7k	£16.5k
Profit per employee	−£197k	−£209k	£1.2m
Growth (year on year)
Revenue growth	—	▼5.1%	▲0%
Headcount growth	—	▲20%	▼29.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.3k	£31.1k	£176k
Net assets	−£12.8m	−£17.6m	£2.7m
Fixed assets	£3m	£2.8m	£2.8m
Current assets	£999k	£1.8m	£2m
Debtors	£984k	£1.8m	£1.9m
Deferred income	£368k	£199k	£196k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 7240%; Profit ÷ revenue.
Gross margin: 52.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £16.5k; Revenue ÷ average employees.
Profit per employee: £1.2m; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1002%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 69.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 664.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: —; Now £2.7m
Cash at bank: ▲466%; Now £176k
Headcount: ▼29%; Now 17
Deferred income: ▼2%; Now £196k
Fixed assets: ▼0%; Now £2.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Glint Pay Ltdultimate parent75–100%
Glint Pay UK Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Glint Pay Services LtdRev. £125m · Profit £548k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £20.4m), from the Companies House accounts bulk data published Sep 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.