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Payroll Business Solutions Limited

03638851

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

THIRD FLOOR, READING, RG1 1PW
Incorporated 22/09/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63110
Data processing, hosting and related activities

Officers

Mr Raymond Phillip Berry

director · Since 01/09/2021

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 48

Also on 11 other boards

Mr Sion David Lewis

director · Since 01/02/2023

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 56

Also on 22 other boards

Persons with Significant Control

Ciphr Group Limited

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

Third Floor, 33 Blagrave Street, Reading, RG1 1PW

Reg: 10147593 · The Registrar Of Companies For England And Wales · Private Limited Company By Shares

Notified 10/12/2019

Former PSCs

Dr Mikhail Alexandrovich Polianskiy

Ceased 10/12/2019

Mrs Ludmila Nikolaevna Petrovykh

Ceased 10/12/2019

Charges4 outstanding

Charge
outstanding

ECI 11 NOMINEES LIMITED AS SECURITY TRUSTEE

Created 15/11/2024Registered 21/11/2024
Charge
outstanding

ECI 11 NOMINEES LIMITED (AS SECURITY TRUSTEE)

Created 31/05/2024Registered 04/06/2024
Charge
outstanding

LUCID TRUSTEE SERVICES LIMITED

Created 16/02/2021Registered 16/02/2021
Charge
outstanding

ECI 11 NOMINEES LIMITED (AS SECURITY TRUSTEE)

Created 18/12/2020Registered 23/12/2020
Charge
satisfied

SILICON VALLEY BANK

Created 15/10/2020Registered 19/10/2020Satisfied 22/12/2020
Charge
satisfied

HSBC UK BANK PLC

Created 26/06/2020Registered 29/06/2020Satisfied 29/10/2020
Charge
satisfied

HSBC UK BANK PLC AS THE LENDER

Created 10/12/2019Registered 12/12/2019Satisfied 29/10/2020
charge
satisfied

RUMNEY-MANOR LIMITED

Created 17/01/2006Registered 19/01/2006Satisfied 14/06/2016

CompanyRankvs 58+ SIC 63110 peers
79

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

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 31/12/2018

Net Worth

£462k

Balance sheet strength

Cash

£421k

Cash in the bank

Net Current Assets

£454k

Working capital

Current Assets

£736k

Current Liabilities

£281k

Fixed Assets

£9k

Debtors

£315k

Profit After Tax

£662k

24avg. employees

Tax at Year End

Corp tax£101k
Dividends paid£651k

Balance Sheet

Assets less current liabilities£463k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20182.61

Derived from filed accounts. Not audited figures.