GLOBAL CURRENCY EXCHANGE NETWORK LIMITED
Company number 04675786 · Monitor this company
Executive summary
Global Currency Exchange Network Limited is a well-positioned, FCA-authorised payments and FX intermediary processing over £10bn in annual volume, currently in a transformative phase under new ownership following Valiant FX Bidco's 2024 acquisition. Despite a £6.4m statutory loss driven by one-off transaction costs, the underlying franchise — supported by capital injection, platform modernisation, and an investment-sector growth strategy — is well placed to scale domestically and internationally. Strategic priorities should centre on vertical deepening in investment, platform-led client acquisition, liquidity provider diversification, leadership continuity, and selective M&A to accelerate geographic expansion.
Shareholders' funds
£11,251,823
Balance sheet as at 2024-10-31
What it does
The Company provides payment services related to processing electronic transactions and facilitating payments between parties, acting as an intermediary between merchants, consumers, banks, and other corporate institutions. The Company is authorised and regulated by the Financial Conduct Authority (FCA) under the Payment Services Regulations (Firm Reference Number: 504346). The Company operates mainly from its UK offices in London but provides services globally. Additionally, the Company offers deliverable Foreign Exchange Services outside PSR regulations. The Company’s offerings are service orientated, streamlined propositions which are typically cheaper services than banks offer.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-02-24
- Employees
- 78 (2024 accounts · was 67 in 2023)
- Registered office
- 5th Floor 85 London Wall, London, United Kingdom, EC2M 7AD
- Postcode
- EC2M 7AD
- Capital
- 11 GBP
- Accounts category
- Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-02-24
- Next due by
- 2027-03-10
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 4 current · 12 resigned
Group structure
Controlled by GC PARTNERS GROUP LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — Z3248515 (Tier 1), registered since 2012.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 6
| Address | Changed on |
|---|---|
| 3 UNITY TERRACE SCOTT CRESCENT, HARROW, MIDDLESEX, HA2 0HH | 2018-08-10 |
| 3 UNITY TERRACE SCOTT CRESCENT, HARROW, MIDDLESEX, HA2 0HH | 2018-08-10 |
| THE OLD BARN OAST BUSINESS PARK, REDHILL, WATERINGBURY, KENT, ME18 5NN | 2018-07-26 |
| THE OLD BARN OAST BUSINESS PARK, REDHILL, WATERINGBURY, KENT, ME18 5NN | 2018-07-26 |
| THE STABLE BLOCK, OAST BUSINESS PARK, REDHILL WATERINGBURY, KENT, ME18 5NN | 2010-03-08 |
| BARHAM COURT, TESTON, MAIDSTONE, KENT, ME18 5BZ | 2004-02-26 |
Among its peers
Top 5%
by shareholders' funds, of 5,403 similar companies in EC
Among the biggest employers among its local peers (78 staff).
Among the oldest 25% of its local peers, trading since 2003.
Competitors London
This company ranks 86 among other business support service activities not elsewhere classified in London.
The class of 2003
25%
of the 12,269 companies in this sector incorporated in 2003 are still active today; 73% have since been dissolved.
A fact about the year, not a forecast for this company.