{"name":"GLOBAL CURRENCY EXCHANGE NETWORK LIMITED","company_number":"04675786","status":"Active","type":"Private Limited Company","incorporated":"2003-02-24","dissolved":null,"registered_office":"5th Floor 85 London Wall, London, United Kingdom, EC2M 7AD","postcode":"EC2M 7AD","sic_codes":[{"code":82990,"description":"Other business support service activities not elsewhere classified"}],"principal_activity":"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.","previous_names":[],"warnings":[],"accounts":{"category":"Full","year_end":"31 October","last_made_up_to":"2025-10-31","next_due":"2027-07-31"},"employees":{"count":78,"accounts_date":"2024-10-31"},"financials":[{"financial_date":"2024-10-31","profit_loss":-6443736,"net_assets":5945466,"cash":121830800,"average_employees":78},{"financial_date":"2023-04-30","profit_loss":2439306,"net_assets":1138379,"cash":129629905,"average_employees":67},{"financial_date":"2022-04-30","net_assets":494541,"cash":83456026},{"financial_date":"2018-04-30","net_assets":5950349,"cash":29333149},{"financial_date":"2017-04-30","net_assets":6301883,"cash":24397004}],"officers":{"current":4,"resigned":12,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/global-currency-exchange-network","people":"https://www.companiesintheuk.co.uk/company/global-currency-exchange-network/people","filing_history":"https://www.companiesintheuk.co.uk/company/global-currency-exchange-network/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04675786","financials":"https://www.companiesintheuk.co.uk/company/global-currency-exchange-network/financial","control":"https://www.companiesintheuk.co.uk/company/global-currency-exchange-network/control","charges":"https://www.companiesintheuk.co.uk/company/global-currency-exchange-network/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/global-currency-exchange-network/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/global-currency-exchange-network"}