Investors following Moneta Markets Capital revenue performance learned this week that the Financial Conduct Authority (FCA)-authorised UK subsidiary more than doubled its turnover in the financial year ended 31 March 2026, swinging from a loss to profit in the process. Accounts filed with Companies House show turnover reached £780,000, up 118% from £358,425 in the prior year.
Moneta Markets Capital Revenue Doubles in the Year to March 2026
The profit turnaround was equally sharp. The company posted a net profit of £77,386, reversing a £100,708 loss the year before. Operating profit came in at £71,533, against an operating loss of £103,904 in FY2025.
Gross profit almost doubled to £650,190. Administrative expenses rose by a more moderate 33%, reaching £578,657, which meant the improved revenue fell through to the bottom line rather than being absorbed by costs.
One detail the accounts leave unexplained is a full reversal in how revenue is classified. In FY2025, the company recorded £33,425 in commission income alongside £325,000 in other revenue. In FY2026, commission income fell to zero, with all £780,000 coming through as other revenue. The filing does not explain whether this reflects a change in the business mix, a reclassification of the same activity, or something else entirely. Investors and counterparties wanting clarity will need to wait for management commentary or a subsequent filing.
Board Rebuilt from Scratch Ahead of the Turnaround
The entity now reporting these results has a different name, different owners and a largely different board from the one that filed the FY2025 loss. Moneta Markets gained control of VIBHS Financial Ltd, which holds FCA Firm Reference Number 613381, as its route to UK authorisation. The entity was subsequently renamed Moneta Markets Capital Ltd on 1 October 2025.
A change of ownership was agreed in early 2025, according to the filing, and the board transition followed quickly. Two directors resigned within months of the rebrand: Mr Piyushkumar Vinodbhai Parekh in December 2025 and Mr Kiritkumar Balubhai Mistry in February 2026. Mr Dale Robert Emery joined in November 2025. That left Mr Guy Iain Oliver Riches as the sole continuing director.
One point worth noting from the Companies House filing history: Riches was first appointed on 11 April 2022, meaning he predates both the rebrand and the ownership change. He is the thread of continuity across the transition, while the rest of the board turned over entirely within a four-month window.
The same filing history also records a Statement of Capital following an allotment (a form SH01, filed when new shares are issued) on 30 January 2026. This indicates a share capital event took place during the reporting period, though the accounts do not detail the size or purpose of the allotment.
The company itself was incorporated on 5 November 2012 and is registered under company number 08279988, according to Companies House data. Its registered office is in Wimbledon.
Directors attributed the turnaround directly to the new ownership structure. The filing states that the shareholder group plans to support growth through better client acquisition and improved operational visibility, and that the current setup ‘provides a stable foundation for the company’s future development.’
The Companies House overview page shows the next confirmation statement is due by 11 September 2026, which will be the first one filed entirely under the Moneta Markets Capital name and ownership. That filing will offer a cleaner read on whether the board and share structure have stabilised after a year of rapid change.
