# Palmpay (UK) Limited

## Details

- **Company number:** [11099155](https://find-and-update.company-information.service.gov.uk/company/11099155)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 6 Dec 2017
- **Registered office:** 5 MERCHANT SQUARE, LONDON, W2 1AY
- **Nature of business:** [62020](/sic/62020) Information technology consultancy activities


## Previous names

- Transsnet Payment Limited (until 6 Aug 2025)




## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Transsnet Financial Service Limited | ownership-of-shares-75-to-100-percent-as-firm | 6 Dec 2017 | 6 Dec 2017 |
| Netease, Inc | ownership-of-shares-25-to-50-percent | 6 Dec 2017 | 8 May 2024 |
| Transsion Technology Limited | ownership-of-shares-25-to-50-percent | 28 May 2020 |  |



## Accounts

| Year ended | Turnover | Net assets | Cash | Employees |
|---|---|---|---|---|
| 31 Dec 2024 | £538,578 | £33,204,349 | £827,762 | 2 |
| 31 Dec 2022 | - | £36,028,764 | £89,896 | 3 |
| 31 Dec 2021 | - | -£414,835 | £117,578 | 2 |
| 31 Dec 2020 | £74,464 | £572,319 | £7,349 | 5 |
| 31 Dec 2018 | - | £5,000,000 | - | - |






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