Wallet Holdco 1 Limited
Activities of other holding companies n.e.c. · London
ActiveUnited KingdomIncorporated 2023Private Limited Company
Financial position
Accounts to 2025-12-31 · EUR · Group accounts
Net assets
—
Cash
EUR 156,017,000
Turnover
EUR 196,450,000
Profit / loss
−EUR 23,344,000
Current assets
EUR 331,515,000
Creditors < 1 year
EUR 398,525,000
Equity
EUR 272,601,000
Average employees
765
Balance-sheet trend
EUR · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Equity | EUR 272,601,000 | EUR 573,077,000 |
| Retained earnings | −EUR 323,871,000 | −EUR 14,289,000 |
| Assets | ||
| Fixed assets | EUR 1,150,443,000 | EUR 1,040,922,000 |
| Property, plant & equipment | EUR 2,246,000 | EUR 2,260,000 |
| Current assets | EUR 331,515,000 | EUR 284,807,000 |
| Cash at bank | EUR 156,017,000 | EUR 127,011,000 |
| Stock | EUR 2,099,000 | EUR 340,000 |
| Liabilities | ||
| Creditors | EUR 1,209,357,000 | EUR 752,652,000 |
| Creditors within one year | EUR 398,525,000 | EUR 326,388,000 |
| Creditors after one year | EUR 810,832,000 | EUR 426,264,000 |
| Profit & loss | ||
| Turnover | EUR 196,450,000 | EUR 132,586,000 |
| Other operating income | EUR 4,249,000 | EUR 3,539,000 |
| Operating profit | EUR 43,779,000 | EUR 15,563,000 |
| Interest receivable | EUR 502,000 | EUR 1,384,000 |
| Interest payable | EUR 59,649,000 | EUR 39,555,000 |
| Profit before tax | −EUR 15,368,000 | −EUR 22,608,000 |
| Tax | −EUR 7,976,000 | EUR 8,320,000 |
| Profit / loss | −EUR 23,344,000 | −EUR 14,288,000 |
| Dividends | EUR 296,250,000 | — |
| Cash flow | ||
| Cash from operations | EUR 32,160,000 | −EUR 35,008,000 |
| Capital expenditure | EUR 270,000 | EUR 1,546,000 |
| People & pay | ||
| Average employees | 765 | 479 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- KPMG LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Wallet Topco Limited
- Ultimate controlling party
- investment funds managed by TA Associates Management, LP and WP BeneTech Investment, LP
- Accounts
- IFRS
- Approved
- 2026-05-27, signed by Tarik-Timo Ghoniem, Laurent Indekeu
Subsidiaries (1)
- Wallet Holdco 2 Limited · 100.00% · England
Related parties (4)
- related party group under common ownership · related party group under common ownership · cash received for working capital purposes · €21k
- related group party · related party group under common ownership · balance owed · €21k
- related party group under common ownership · related party group under common ownership · expenses paid on the Company's behalf · €12k
- related group party · related party group under common ownership · balance owed · €12k
Share classes (1)
- 22 Ordinary of €0.01
Events after the year end (3)
- On 1 January 2026, Wallet German TopCo group was transferred under Epassi Group Oy to simplify the group structure.
- Nickyl Rajathatha was appointed as Group’s new Chief Executive Officer 25 February 2026. Pekka Rantala, who has served as CEO since September 2019, will remain on the Board as Non-Executive Chair.
- The company has decided to cease the operations of VIP District SAS during the financial year 2026.
Contingent liabilities (1)
- The Company does not have any capital commitments or contingent liabilities as at 31 December 2025 (2024: nil).
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.