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Bound Rates Limited

Bound Rates Limited is an active company incorporated on 23 November 2020 with the registered office located in London, Greater London. Bound Rates Limited was registered 4 years ago.
Status
Active
Active since incorporation
Company No
13036275
Private limited company
Age
4 years
Incorporated 23 November 2020
Size
Small
Turnover is under £15M
Balance sheet is under £7.5M
Under 50 employees
Confirmation
Submitted
Dated 25 June 2025 (4 months ago)
Next confirmation dated 25 June 2026
Due by 9 July 2026 (7 months remaining)
Last change occurred 2 years 4 months ago
Accounts
Submitted
For period 1 Jan31 Dec 2024 (1 year)
Accounts type is Full
Next accounts for period 31 December 2025
Due by 30 September 2026 (10 months remaining)
Address
16 Great Chapel Street
London
W1F 8FL
England
Same address for the past 4 years
Telephone
020 80640360
Email
Unreported
Website
People
Officers
2
Shareholders
1
Controllers (PSC)
1
Director • American • Lives in UK • Born in Mar 1995
Director • American • Lives in UK • Born in Nov 1980
PSC
Shareholders, PSCs & Group Structure
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Mutual Companies
Bound Payments Limited
Seth Michael Phillips and Daniel Kindler are mutual people.
Dissolved
Brands
Bound
Bound is a financial technology company that automates currency hedging for businesses, enabling finance teams to manage foreign cash flows.
Financials
Net Assets, Total Assets & Total Liabilities (2020–2024)
Period Ended
31 Dec 2024
For period 31 Dec31 Dec 2024
Traded for 12 months
Cash in Bank
£5.07M
Decreased by £641K (-11%)
Turnover
£1.83M
Increased by £990K (+118%)
Employees
11
Decreased by 5 (-31%)
Total Assets
£5.39M
Decreased by £886K (-14%)
Total Liabilities
-£1.25M
Increased by £1.13M (+935%)
Net Assets
£4.14M
Decreased by £2.02M (-33%)
Debt Ratio (%)
23%
Increased by 21.28% (+1105%)
Latest Activity
Confirmation Submitted
4 Months Ago on 25 Jun 2025
Mr Seth Michael Phillips Details Changed
5 Months Ago on 23 May 2025
Full Accounts Submitted
6 Months Ago on 29 Apr 2025
Confirmation Submitted
1 Year 4 Months Ago on 25 Jun 2024
Daniel Kindler Details Changed
1 Year 5 Months Ago on 31 May 2024
Daniel Kindler Details Changed
1 Year 5 Months Ago on 31 May 2024
Full Accounts Submitted
1 Year 6 Months Ago on 5 May 2024
Mr Seth Michael Phillips Details Changed
1 Year 11 Months Ago on 17 Dec 2023
Full Accounts Submitted
2 Years 4 Months Ago on 28 Jun 2023
Confirmation Submitted
2 Years 4 Months Ago on 26 Jun 2023
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Documents
Confirmation statement made on 25 June 2025 with no updates
Submitted on 25 Jun 2025
Director's details changed for Mr Seth Michael Phillips on 23 May 2025
Submitted on 23 May 2025
Full accounts made up to 31 December 2024
Submitted on 29 Apr 2025
Director's details changed for Daniel Kindler on 31 May 2024
Submitted on 25 Jun 2024
Confirmation statement made on 25 June 2024 with no updates
Submitted on 25 Jun 2024
Director's details changed for Daniel Kindler on 31 May 2024
Submitted on 25 Jun 2024
Full accounts made up to 31 December 2023
Submitted on 5 May 2024
Director's details changed for Mr Seth Michael Phillips on 17 December 2023
Submitted on 17 Jan 2024
Total exemption full accounts made up to 31 December 2022
Submitted on 28 Jun 2023
Confirmation statement made on 25 June 2023 with updates
Submitted on 26 Jun 2023
Repayment History
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