Payless Group Limited
03237853
Some Concerns
- Current liabilities exceed current assets (-10)
- 7 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
31/10/2025
total exemption full
Next accounts due
31/07/2027
Confirmation statement
Last: 21/04/2026
Due 05/05/2027
Industry
Officers
director · Since 14/08/1998
BUSINESSMAN
BRITISH · ENGLAND · Age 58
Also on 8 other boards
Former
corporate nominee director · Resigned 14/08/1996
corporate nominee secretary · Resigned 14/08/1996
secretary · Resigned 14/08/1998
director · Resigned 14/08/1998
secretary · Resigned 28/02/2006
secretary · Resigned 21/09/2025
Persons with Significant Control
Mr Iftikhar Ahmed
British · England · Age 58
Unit Tg41-43, 1 The Grange, Central Road, Morden, SM4 5PQ
Notified 01/09/2016
Charges7 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
Change History
Active
Private Limited Company
UNIT TG41-43, 1 THE GRANGE
MORDEN
47110,47250
CompanyRankvs 1235+ SIC 47110 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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2025
Net Worth
£11.8M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Net Current Assets
£6.8M
Working capital
Current Assets
£14.5M
Current Liabilities
£7.7M
Fixed Assets
£14.6M
Debtors
£12.3M
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.89 | +£116k | £439k |
| 2024 | 1.71 | +£31k | £286k |
| 2023 | 1.78 | — | £780k |
Derived from filed accounts. Not audited figures.