Companies House 10510180 2025-12-31 2025-12-31 2025-01-01 false iso4217:GBP xbrli:pure 10510180 2024-01-01 2024-12-31 10510180 2025-12-31 10510180 2025-01-01 2025-12-31 10510180 2024-12-31 10510180 curr:PoundSterling 2025-01-01 2025-12-31 10510180 uk-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10510180 uk-bus:FRS102 2025-01-01 2025-12-31 10510180 uk-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10510180 uk-bus:FullAccounts 2025-01-01 2025-12-31 10510180 uk-bus:RegisteredOffice 2025-01-01 2025-12-31 10510180 uk-bus:Director1 2025-01-01 2025-12-31 10510180 uk-bus:Director2 2025-01-01 2025-12-31 10510180 uk-bus:Director3 2025-01-01 2025-12-31 10510180 uk-bus:Director4 2025-01-01 2025-12-31 10510180 uk-bus:Director5 2025-01-01 2025-12-31 10510180 uk-bus:Director6 2025-01-01 2025-12-31 10510180 uk-bus:Director7 2025-01-01 2025-12-31 10510180 uk-bus:Director8 2025-01-01 2025-12-31 10510180 uk-bus:Director9 2025-01-01 2025-12-31 10510180 uk-bus:Director10 2025-01-01 2025-12-31 10510180 uk-bus:Director11 2025-01-01 2025-12-31 10510180 uk-bus:Director12 2025-01-01 2025-12-31 10510180 uk-bus:Director13 2025-01-01 2025-12-31 10510180 uk-bus:Director14 2025-01-01 2025-12-31 10510180 uk-bus:Director15 2025-01-01 2025-12-31 10510180 uk-bus:Director16 2025-01-01 2025-12-31 10510180 uk-bus:Director17 2025-01-01 2025-12-31 10510180 uk-bus:Director18 2025-01-01 2025-12-31 10510180 uk-bus:Director19 2025-01-01 2025-12-31 10510180 uk-bus:Director20 2025-01-01 2025-12-31 10510180 uk-bus:Director21 2025-01-01 2025-12-31 10510180 uk-bus:CompanySecretary1 2025-01-01 2025-12-31 10510180 core:AfterOneYear 2025-12-31 10510180 core:AfterOneYear 2024-12-31 10510180 core:WithinOneYear 2025-12-31 10510180 core:WithinOneYear 2024-12-31 10510180 core:WithinOneYear 2025-01-01 2025-12-31 10510180 core:AfterOneYear 2025-12-31 10510180 core:AfterOneYear 2024-12-31 10510180 core:AfterOneYear 2025-01-01 2025-12-31 10510180 core:ShareCapital 2025-12-31 10510180 core:ShareCapital 2024-12-31 10510180 core:SharePremium 2025-12-31 10510180 core:SharePremium 2024-12-31 10510180 core:OtherReservesSubtotal 2025-12-31 10510180 core:OtherReservesSubtotal 2024-12-31 10510180 core:RevaluationReserve 2025-12-31 10510180 core:RevaluationReserve 2024-12-31 10510180 core:RetainedEarningsAccumulatedLosses 2025-12-31 10510180 core:RetainedEarningsAccumulatedLosses 2024-12-31 10510180 1 2025-01-01 2025-12-31 10510180 2 2025-01-01 2025-12-31 10510180 3 2025-01-01 2025-12-31 10510180 core:LandBuildings 2025-01-01 2025-12-31 10510180 core:LandBuildings 2025-12-31 10510180 core:LandBuildings 2024-01-01 2024-12-31 10510180 core:LandBuildings 2024-12-31 10510180 core:PlantMachinery 2025-01-01 2025-12-31 10510180 core:PlantMachinery 2025-12-31 10510180 core:PlantMachinery 2024-01-01 2024-12-31 10510180 core:PlantMachinery 2024-12-31 10510180 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 10510180 core:FurnitureFittingsToolsEquipment 2025-12-31 10510180 core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 10510180 core:FurnitureFittingsToolsEquipment 2024-12-31 10510180 core:OfficeEquipment 2025-01-01 2025-12-31 10510180 core:OfficeEquipment 2025-12-31 10510180 core:OfficeEquipment 2024-01-01 2024-12-31 10510180 core:OfficeEquipment 2024-12-31 10510180 core:Vehicles 2025-01-01 2025-12-31 10510180 core:Vehicles 2025-12-31 10510180 core:Vehicles 2024-01-01 2024-12-31 10510180 core:Vehicles 2024-12-31 10510180 core:NetGoodwill 2025-01-01 2025-12-31 10510180 core:NetGoodwill 2025-12-31 10510180 core:NetGoodwill 2024-01-01 2024-12-31 10510180 core:NetGoodwill 2024-12-31 10510180 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 10510180 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 10510180 core:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 10510180 core:IntangibleAssetsOtherThanGoodwill 2024-12-31

# MOLO TECH LTD

## Company Registration Number:
10510180 (England and Wales)

## Unaudited statutory accounts for the year ended 31 December 2025

## Period of accounts

## Start date: 1 January 2025

## End date: 31 December 2025

# MOLO TECH LTD

## Contents of the Financial Statements

for the Period Ended 31 December 2025

Directors report |
Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |

# MOLO TECH LTD

Directors' report period ended 31 December 2025

The directors present their report with the financial statements of the company for the period ended 31 December 2025

Principal activities of the company

The principal activity of the Company is originating residential mortgage products under the Molo brand.

Directors

The directors shown below have held office during the whole of the period from
1 January 2025 to 31 December 2025

Andrew Chepul
Ilias Pavlopoulos
Matthew Kimber

The director shown below has held office during the whole of the period from
1 January 2025 to 31 December 2025

Nigel Batley

The director shown below has held office during the period of
1 January 2025 to 14 November 2025

Lynda Blackwell

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 June 2026

And signed on behalf of the board by:
Name: Matthew Kimber
Status: Director

# MOLO TECH LTD

## Profit And Loss Account

for the Period Ended 31 December 2025

| 2025 | 2024
--- | --- | ---
| £ | £
Turnover: | 5,125,000 | 3,284,000
Cost of sales: | 0 | 0
Gross profit(or loss): | 5,125,000 | 3,284,000
Distribution costs: | 0 |
Administrative expenses: | ( 7,249,000 ) | ( 7,839,000 )
Other operating income: | 0 |
Operating profit(or loss): | (2,124,000) | (4,555,000)
Interest receivable and similar income: | 4,000 | 13,000
Interest payable and similar charges: | 0 | 0
Profit(or loss) before tax: | (2,120,000) | (4,542,000)
Tax: | 525,000 | 978,000
Profit(or loss) for the financial year: | (1,595,000) | (3,564,000)

# MOLO TECH LTD

## Balance sheet

As at 31 December 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Fixed assets
Intangible assets: |  | 0 | 0
Tangible assets: |  | 0 | 0
Investments: |  | 0 | 0
Total fixed assets: |  | 0 | 0
Current assets
Stocks: |  | 0 | 0
Debtors: | 3 | 10,153,000 | 10,569,000
Cash at bank and in hand: |  | 790,000 | 494,000
Investments: |  | 0 | 0
Total current assets: |  | 10,943,000 | 11,063,000
Prepayments and accrued income: |  | 0 | 0
Creditors: amounts falling due within one year: | 4 | ( 622,000 ) | ( 637,000 )
Net current assets (liabilities): |  | 10,321,000 | 10,426,000
Total assets less current liabilities: |  | 10,321,000 | 10,426,000
Creditors: amounts falling due after more than one year: | 5 | 0 | ( 10,000 )
Provision for liabilities: |  | 0 | 0
Accruals and deferred income: |  | 0 | 0
Total net assets (liabilities): |  | 10,321,000 | 10,416,000
Capital and reserves
Called up share capital: |  | 1,736,000 | 236,000
Share premium account: |  | 39,029,000 | 39,029,000
Other reserves: |  | 0 | 0
Profit and loss account: |  | (30,444,000 ) | (28,849,000 )
Total Shareholders' funds: |  | 10,321,000 | 10,416,000

The notes form part of these financial statements

# MOLO TECH LTD

## Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 June 2026
and signed on behalf of the board by:

Name: Matthew Kimber
Status: Director

The notes form part of these financial statements

# MOLO TECH LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents commission and fee income earned from mortgage origination and related services and is recognised at the point the service is performed, typically when the mortgage completes or the related service is delivered. Revenue is measured at the fair value of consideration received or receivable, net of VAT and expected refunds.

  Tangible fixed assets depreciation policy

  Your accounting policies include a Tangible fixed assets section with an explicit depreciation policy: Assets depreciated over useful lives Example: Computers - 3 years straight line

  Other accounting policies

  The financial statements are prepared under the historical cost convention in accordance with FRS 102 and the Companies Act 2006 applicable to the small companies regime. The following principal accounting policies are applied: Financial instruments are recognised when the Company becomes party to the contractual provisions and are measured at amortised cost unless otherwise stated. Current tax is provided on taxable profits at enacted rates, and deferred tax is recognised on timing differences where recovery is probable. Employee benefits, including wages, salaries and pension costs, are recognised in the period in which services are provided. Provisions are recognised where there is a present obligation arising from a past event and a reliable estimate can be made. Foreign currency transactions are translated at the exchange rate ruling at the transaction date, with monetary balances retranslated at the period end rate. Research and development expenditure is recognised as an expense in the period incurred.

# MOLO TECH LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 33 | 38

# MOLO TECH LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2025

## 3. Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 449,000 | 29,000
Prepayments and accrued income | 180,000 | 231,000
Other debtors | 9,524,000 | 10,309,000
Total | 10,153,000 | 10,569,000
Debtors due after more than one year: | 9,524,000 | 10,309,000

# MOLO TECH LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2025

## 4. Creditors: amounts falling due within one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 0 | 0
Amounts due under finance leases and hire purchase contracts | 0 | 0
Trade creditors | 145,000 | 165,000
Taxation and social security | 102,000 | 141,000
Accruals and deferred income | 0 | 0
Other creditors | 375,000 | 331,000
Total | 622,000 | 637,000

# MOLO TECH LTD

## Notes to the Financial Statements

for the Period Ended 31 December 2025

## 5. Creditors: amounts falling due after more than one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 0 | 0
Amounts due under finance leases and hire purchase contracts | 0 | 0
Other creditors | 0 | 10,000
Total | 0 | 10,000