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Priority Payroll Services Limited

04338404

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Health Score
60 / 100

Some Concerns

10/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

First Floor Radius House, 51 Clarendon Road, Watford, WD17 1HP
Incorporated 12/12/2001

Previously known as

Issueboost Limited · until 26/02/2002

Compliance

Last accounts

31/03/2024

small

Next accounts due

23/06/2026

Overdue

Confirmation statement

Last: 06/09/2025

Due 20/09/2026

On track

Industry

69201
Accounting and auditing activities

Officers

Mr Michael Jacoby

director · Since 31/07/2023

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 43

Also on 10 other boards

Mr Meeten Nathwani

director · Since 31/07/2023

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 47

Also on 15 other boards

Mr Alexander Michael Bottom

director · Since 31/07/2023

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 50

Simon John Speller

director · Since 31/07/2023

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Meeten Nathwani

director · Since 31/07/2023

British · United Kingdom · Age 47

Alexander Michael Bottom

director · Since 31/07/2023

British · United Kingdom · Age 50

Michael Jacoby

director · Since 31/07/2023

British · United Kingdom · Age 43

Simon John Speller

director · Since 31/07/2023

British · United Kingdom · Age 50

Former

Britannia Company Formations Limited

corporate nominee secretary · Resigned 06/02/2002

Deansgate Company Formations Limited

corporate nominee director · Resigned 06/02/2002

Karen Dawn Gray

secretary · Resigned 31/07/2023

Colin Gray

director · Resigned 31/07/2023

Karen Dawn Gray

director · Resigned 31/07/2023

Persons with Significant Control

Hillier Hopkins Accountants Limited

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

C/O Hillier Hopkins Llp, First Floor, Radius House, Watford, WD17 1HP

Reg: 14167835 · Companies House · Limited By Shares

Notified 31/07/2023

Former PSCs

Mrs Karen Dawn Gray

Ceased 31/07/2023

Change History

officer appointedBOTTOM, Alexander Michael
2026-08-21
officer appointedJACOBY, Michael
2026-08-21
officer appointedNATHWANI, Meeten
2026-08-21
officer appointedSPELLER, Simon John
2026-08-21
statusactive
2026-08-21

Active

typeltd
2026-08-21

Private Limited Company

address line1First Floor Radius House
2026-08-21

FIRST FLOOR RADIUS HOUSE

post townWatford
2026-08-21

WATFORD

CompanyRankvs 16802+ SIC 69201 peers
60

Financial strength82th percentile among SIC peers · 21/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 compliance5/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2024

Net Worth

£62k

Balance sheet strength

Cash

£198k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£62k

Current Liabilities

£62k

Fixed Assets

£3

Debtors

£62k

5avg. employees+2

Tax at Year End

Corp tax£26k

People Costs

Wages & salaries£45k

Balance Sheet

Intangible assets£1
Assets less current liabilities£62k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20240.99
20234.66

Derived from filed accounts. Not audited figures.