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Company

Ryft PAY LTD

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Official record Companies House · updated 27th September 2026 · Sources

Network

The large node is Ryft PAY LTD. Red nodes are organisations, white nodes are people. Sign in free to explore further.

Who leads it

Previous officers 1

  1. Mark O'Flynn 2024-2025 Director View profile

Directors and secretaries as filed at Companies House.

Do you help lead this organisation? Set up its network · How it works

Public contracts won

1 contract

From Contracts Finder and Find a Tender, the UK Government's public procurement notices, under the Open Government Licence v3.0. Matched to this organisation by company number, charity number or exact name and postcode; every figure links to its source notice.

  • Payment processing & Merchant Acquiring for Sports & Exercise Leisure system Buyer: University Of Edinburgh Value not published Date not published CPV 66170000 Source: Find a Tender

    The University requires an alternative payment processing solution to enable online and point-of-sale payment transactions to be processed through the OpenPlay platform from the planned go-live date. Th/rough Openplay, Ryft has been identif…

About

Incorporated
30/07/2019

Ownership

Owned by (2) iOwned byIndividuals and companies registered as having significant control over this company, from the Companies House PSC (persons with significant control) register. People whose ownership could not be confirmed to one individual are not listed as confirmed owners.

  • Seyed Sadra Hosseini ceased 2024-12-20
    25-50% shares, 25-50% voting · notified 2019-07-30
  • Alexander James Mackenzie ceased 2024-12-20
    25-50% shares, 25-50% voting · notified 2019-11-21 - confirmed: also a director of this company

Group

  1. Ryft PAY LTD is controlled by Seyed Sadra Hosseini
    Evidence
    ceased 25-50% shares, 25-50% voting · notified 2019-07-30, ceased 2024-12-20 · source: Companies House PSC register

Ultimately controlled by Seyed Sadra Hosseini.

1 other company in this group

Ownership paths are calculated from Companies House persons-with-significant-control filings. Each step shows the filed nature of control and dates; a step marked "ceased" is historical, not current.

Financials

Net assets
£3,050,554
Total assets
£3,077,444
Cash
£2,984,863
Employees
8
Turnover
Not reported (small or micro-entity accounts)

Filed as Full accounts (audit exempt).

Figures from accounts filed at Companies House (iXBRL), period ending 2024-12-31. Where turnover is absent, small and micro-entity accounts are not required to report it, so it is not shown as zero.

Grants received

3 grants · £230,645 total

360Giving data, published by funders. Coverage only includes funders who publish their grants to 360Giving, so these figures are a floor, not a complete picture.

Top funders

  • Department for Science, Innovation and Technology · £179,645 (2 grants)
  • Department for Business, Energy and Industrial Strategy · £51,000

Most recent

  • Department for Science, Innovation and Technology £45,8982023-11-02
  • Department for Science, Innovation and Technology £133,7472023-11-02
  • Department for Business, Energy and Industrial Strategy £51,0002020-07-01
Board analysis

Board DNA

How this board is put together, from the Companies House officer record and Charity Commission trustee records - deterministic, no AI.iBoard compositionCounted from the dated Companies House officer record: the current directors only, past directors excluded.

6 directors on the board

4.3y median 5y
average tenure
7y
longest tenure

Directors past 6 years

First-time vs portfolio directors

First-time (5)

Portfolio (1)

0
also govern a charity
1
left in the last 12 months

Where else this board sits iWhere else this board sitsThe charitable fields these directors govern in elsewhere, by Charity Commission classification. Excludes this company and any charity it is the legal face of.

Dormant 3Professional services 2Tech and media 2Finance 1

The sectors these directors govern in elsewhere. This company, and any charity it is the legal face of, are excluded - counting them would just tell you what you are already looking at.

Gaps to watch

  • Several long-serving directors could step down together

Where to look Suggested search: succession planning for long-tenured seats.

Sources

Official record from Companies House. Governance Register calculates the connections.

Record details
Company number
12128364
Status
Active
Type
Private Limited Company
Edition
Register edition compiled 27th September 2026
Labels
Official record from Companies House · Calculated derived by Governance Register.

Contains public sector information licensed under the Open Government Licence v3.0. Report an issue · How we handle data