How much does WPM Payment Security Limited make?

WPM Payment Security Limited reported revenue of £235k and £205k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does WPM Payment Security Limited have?

WPM Payment Security Limited reported an average of 2 employees in the year to 31 Dec 2024.

Is WPM Payment Security Limited profitable?

Yes — WPM Payment Security Limited reported a profit of £205k in the year to 31 Dec 2024.

Company No. 11676164 · Incorporated 14 Nov 2018

WPM Payment Security Limited

Registered name: WPM PAYMENT SECURITY LIMITED

Part of Flywire Corporation group

WPM Payment Security Limited made £235k revenue and £205k profit in the year to 31 Dec 2024. read from filing text

WPM Payment Security Limited’s revenue grew 25% to £235k in the year to 31 Dec 2024, with £205k profit and 2 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 7 yrs · since 2018
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. From the filing: “The”

Latest accounts · year to 31 Dec 2024

Key figures

Small teamOperating leverage

Revenue

£235k

Growth ▲25.1%

Profit

£205k

Growth ▲40.7%

Profit margin

87.2%

Gross 97%

Employees

Change 0%

Profit / employee

£102k

Revenue/employee £117k

Profitable streak

2yrs

Consecutive profitable years in our data

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 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£188k	£235k
Cost of sales	—	£8k	£6.9k
Gross profit	—	£179k	£228k
Profit before tax	—	£145k	£205k
Profit after tax	—	£145k	£205k
Profit (best available)	—	£145k	£205k
Employees (average)	2	2	2
Ratios
Profit margin	—	77.5%	87.2%
Gross margin	—	95.7%	97%
Revenue per employee	—	£93.8k	£117k
Profit per employee	—	£72.7k	£102k
Growth (year on year)
Revenue growth	—	—	▲25.1%
Profit growth	—	—	▲40.7%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£276k	£308k	£374k
Net assets	£6.7k	£152k	£357k
Current assets	£295k	£377k	£502k
Debtors	£0	£48.8k	£96.3k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 87.2%; Profit ÷ revenue.
Gross margin: 97%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £117k; Revenue ÷ average employees.
Profit per employee: £102k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 41.1%; 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: ▲135%; Now £357k
Cash at bank: ▲21%; Now £374k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Flywire Corporation (registered outside the UK register)ultimate parent75–100%
Flywire Payments Limited75–100%
WPM Payment Security Limitedthis company

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

Sister companies (1)

WPM Education LimitedRev. £4.6m · Profit £1.1m

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 2024 (profit £205k), from the Companies House accounts bulk data published Oct 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.