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Payroll Plus Limited

01974634

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

LEVEL ONE, BUCKHURST HILL, IG9 5BS
Incorporated 02/01/1986

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/09/2025

Due 16/09/2026

On track

Industry

63110
Data processing, hosting and related activities

Officers

Mr Nicholas John Godsave

secretary · Since 01/08/2005

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 55

Also on 23 other boards

Mr Nicholas John Godsave

director · Since 01/08/2005

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 55

Also on 23 other boards

Persons with Significant Control

Mr Nicholas John Godsave

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 55

Level One, 86 Queens Road, Buckhurst Hill, IG9 5BS

Notified 06/04/2016

Mrs Katherine Godsave

50–75% shares
50–75% votes

British · England · Age 43

Level One, 86 Queens Road, Buckhurst Hill, IG9 5BS

Notified 01/09/2025

Former PSCs

Mr Andrew Simon Davis

Ceased 31/12/2018

CompanyRankvs 304+ SIC 63110 peers
83

Financial strength89th percentile among SIC peers · 22/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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304Payroll Plus Limited
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£113k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£118k

Working capital

Current Assets

£153k

Current Liabilities

£35k

Fixed Assets

£1

2avg. employees+1

Balance Sheet

Assets less current liabilities£118k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20244.34-£7k
20233.09+£8k
20223.78-£60k
20198.82-£21k
201813.34—

Derived from filed accounts. Not audited figures.