Glint Pay Services Ltd

Active10117131Financial servicesIncorporated 11 Apr 2016 · London

Glint Pay Services Ltd (“GPS”) is a 100% subsidiary of Glint Pay Ltd and an Authorised Electronic Money Institution under licence from the Financial Conduct Authority (FCA) since March 2018. GPS issues electronic money (e-money) and provides payment services with group support, making it possible for account holders to use physical gold bullion in everyday payments via its smartphone app and Glint Mastercard. Using its proprietary Glint technology, account holders can buy, save, sell, send, and spend real, allocated gold - securely stored at Brinks vaults - as well as USD, GBP, and EUR. Gold can be converted into e-money in multiple currencies or spent directly at real-time prices anywhere Mastercard is accepted, giving it direct liquidity. Account holders can also make peer-to-peer transfers and buy, store, and sell real, allocated silver.

Revenue

£44.0m

▲ +21.3% vs prior ~12m period

Profit after tax

-£1.1m

Margin -2.5%

Employees

0

— vs prior ~12m period

Net assets

£701k

Total assets £6.7m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Dec 2018
Not available
Dec 2019
£16.7m
Dec 2020
£36.2m▲ +117.3%
Dec 2021
£44.0m▲ +21.3%
Dec 2022
Not available
Dec 2023
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2023——£548k0£701k
31 Dec 2022——-£1.0m0-£897k
31 Dec 2021£44.0m▲ +21.3%-£1.1m0-£505k
31 Dec 2020£36.2m▲ +117.3%-£592k0£344k
31 Dec 2019£16.7m—-£1.8m—£12k
31 Dec 2018————-£2.2m

Latest available figures

Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£44.0m
Gross profit
£2k
Operating profit
-£1.1m
Profit before tax
-£1.1m
Profit after tax
-£1.1m

Balance sheet

Total assets
£6.7m
Cash
Not available
Total liabilities
£6.0m
Net assets
£701k
Revenue per employee
Not available

Similar companies

CompanyRevenueGrowth
Plasmor (Holdings) Limited
13393404
£98.9m▲ +20.1%
Oil Brokerage Services Limited
13650804
£98.2m▲ +7.2%
Little Wenlock Enterprises Limited
11091121
£97.3m▲ +18.0%
Kilnbridge Holdings Limited
07996525
£97.3m▲ +32.0%
Crescent Pharmaceuticals Limited
07117426
£96.7m▼ -9.0%

Other financial services companies in London

CompanyRevenueGrowth
Quadrature Capital Limited
09516131
£1.2bn▲ +108.2%
S4 Capital PLC
10476913
£848.2m▼ -16.1%
Anglo American Prefco Limited
03734783
£600.4m▼ -8.0%
Ronly Group Limited
06288615
£493.8m▲ +75.0%
Twenty20 Capital Investments Limited
12576810
£490.9m▼ -51.0%