Paypoint Network Limited
02973115
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/12/2019
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 6 other boards
director · Since 14/08/2023
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 51
Also on 44 other boards
Persons with Significant Control
Paypoint Plc
1 The Boulevard, The Boulevard, Welwyn Garden City, AL7 1EL
Reg: 03581541 · Companies House, England & Wales · Public Limited Company
Notified 06/04/2016
Charges0 outstanding
THE SCOTTISH PROVIDENT INSTITUTION
UTILITIES CONSORTIUM LIMITED
UTILITIES CONSORTIUM LIMITED (AS AGENT AND TRUSTEE FOR THE NOTEHOLDERS)
CompanyRankvs 89270+ SIC 82990 peers72
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
financial statements in the UK, which includes the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Conclusions relating to going concern Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on t
Key FinancialsYear ending 31/03/2024
Turnover
£76.4M
Annual revenue
Net Worth
£28.8M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£12.3M
Bottom line earnings
Net Current Assets
£5.3M
Working capital
Current Assets
£29.1M
Current Liabilities
£23.7M
Fixed Assets
£24.6M
Debtors
£221k
Cost of Sales
£31.8M
Gross Profit
£44.6M
Admin Expenses
£32.3M
Operating Profit
£12.3M
Profit After Tax
£9.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.22 | +£9.3M |
| 2023 | 1.36 | — |
Derived from filed accounts. Not audited figures.