Readypay Limited
02518342
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 14/04/2026
Due 28/04/2027
Industry
Officers
director · Since 20/12/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 32
Also on 9 other boards
director · Since 20/12/2024
DIRECTOR
BRITISH · ENGLAND · Age 33
Also on 7 other boards
Persons with Significant Control
Phoenix Taxis Group Limited
Northumberland Taxi & Coach Centre, South Albion Retail Park, Blyth, NE24 5BW
Reg: 15466522 · Companies House (England And Wales) · Private Limited Company
Notified 20/12/2024
Former PSCs
Mr Hugh Magill Hurst
Ceased 12/07/2021
Mr Alexander Hugh Magill Hurst
Ceased 20/12/2024
Charges2 outstanding
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
ALEXANDER HURST
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 15+ SIC 77110 peers80
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£3.9M
Balance sheet strength
Cash
£827k
Cash in the bank
Net Current Assets
£2.5M
Working capital
Current Assets
£3.5M
Current Liabilities
£945k
Fixed Assets
£1.6M
Debtors
£2.6M
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.66 | +£1.8M |
| 2023 | 1.85 | +£1.8M |
| 2021 | 0.85 | -£806k |
| 2020 | 0.88 | — |
Derived from filed accounts. Not audited figures.