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Paypoint Collections Limited

03581551

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

1 THE BOULEVARD, WELWYN GARDEN CITY, AL7 1EL
Incorporated 15/06/1998

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 22/06/2025

Due 06/07/2026

On track

Industry

82990
Other business support service activities

Officers

Mr Nicholas Winston Braid Wiles

director · Since 19/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

David Robert Harding

director · Since 14/08/2023

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 51

Also on 44 other boards

Indigo Corporate Secretary Limited

secretary · Since 22/01/2024

Also on 186 other boards

Persons with Significant Control

Paypoint Plc

75–100% shares
75–100% votes
Appoint directors

1, The Boulevard, Welwyn Garden City, AL7 1EL

Reg: 03581541 · Companies House, England And Wales · Public Limited Company

Notified 06/04/2016

CompanyRankvs 445520+ SIC 82990 peers
59

Financial strength99th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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44552Paypoint Collections Limited
69
How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 pts

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

Liquidity12/20 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.

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 the c

Key FinancialsYear ending 31/03/2024

Turnover

£26.1M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£23.9M

Cash in the bank

Profit Before Tax

£13.6M

Bottom line earnings

Net Current Assets

£5.9M

Working capital

Current Assets

£119.8M

Current Liabilities

£113.8M

Debtors

£7k

Cost of Sales

£11.6M

Gross Profit

£14.6M

Admin Expenses

£2.3M

Operating Profit

£12.3M

Profit After Tax

£10.2M

0avg. employees

Tax at Year End

Corp tax£835k
Dividends paid£28.0M

People Costs

Wages & salaries£738k
NI contributions£108k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.05-£17.8M
20231.34—

Derived from filed accounts. Not audited figures.