Directa24 LLP

ActiveOC425353Incorporated 21 Dec 2018 · London

Directa24 LLP (hereinafter the "LLP") is a recognized cross-border payments processor, enabling international merchants access end users (customers) in Latin America and other high growth markets in Asia. Though the LLP is registered in the UK, its business is solely comprised by the provision of payment processing services to customers outside the UK. During 202 4 , the LLP has operated in Business to Business (“B2B”). The LLP offers several alternative payment methods, through collaboration and technical integration with regional financial institutions and acquiring banks; i) locally issued credit and debit cards; ii) online bank transfers from end users bank accounts; iii) invoices issued by the merchant, paid by the user in local regulated banks. The objective of the LLP focuses on providing alternative payment methods to end users who are typically unbanked or underbanked, and therefore do not have international credit/debit cards and find it difficult to purchase digital goods on international websites. The LLP serves more than 400 international merchants and assists them to sell digital goods and collect payments from end users located in high growth markets.

Revenue

£238.4m

▼ -67.9% vs prior ~12m period

Profit after tax

£122.0m

Margin 50.3%

Employees

0

— vs prior ~12m period

Net assets

£4.3m

Balance sheet partly available

Financial history

Revenue by accounting period

4 periods available · ▲ growth ▼ decline

Dec 2021
£297.2m
Dec 2022
£742.1m▲ +149.7%
Dec 2023
£238.4m▼ -67.9%
Dec 2024
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024———0—
31 Dec 2023£238.4m▼ -67.9%—0£4.3m
31 Dec 2022£742.1m▲ +149.7%—0£32.7m
31 Dec 2021£297.2m——0-£29.6m

Latest available figures

Period ending 31 Dec 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£238.4m
Gross profit
£143.9m
Operating profit
£120.0m
Profit before tax
Not available
Profit after tax
£122.0m

Balance sheet

Total assets
Not available
Cash
£25.8m
Total liabilities
Not available
Net assets
£4.3m
Revenue per employee
Not available