Pomelo Group Ltd

Active10583935Information & communicationIncorporated 25 Jan 2017 · London

Pomelo Group Ltd has created a payment infrastructure for financial institutions globally that helps businesses via the web and mobile application to accept payments both card present and card not present by combining Quick Response ('QR') and Near Field Communication ('NFC') technologies. We deploy our technology to banks where they deploy it in their respective markets. Pomelo Group Ltd is authorised by the Financial Conduct Authority to provide payment services and issue electronic money (FCA reference number is 928018).

Revenue

£1.4m

▼ -51.2% vs prior ~12m period

Profit after tax

-£4.5m

Margin -386.7%

Employees

21

– 0.0% vs prior ~12m period

Net assets

£3.0m

Total assets £4.5m

Financial history

Revenue by accounting period

4 periods available · ▲ growth ▼ decline

Dec 2021
£2.8m
Dec 2022
£1.4m▼ -51.2%
Dec 2023
Not available
Dec 2024
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024———21£3.0m
31 Dec 2023———21£971k
31 Dec 2022£1.4m▼ -51.2%-£5.3m54£1.6m
31 Dec 2021£2.8m—-£2.2m29£2.7m

Latest available figures

Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£1.4m
Gross profit
£976k
Operating profit
-£5.2m
Profit before tax
-£5.3m
Profit after tax
-£4.5m

Balance sheet

Total assets
£4.5m
Cash
£1.9m
Total liabilities
£1.5m
Net assets
£3.0m
Revenue per employee
Not available

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