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Priority Payroll Services Limited

04338404

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR RADIUS HOUSE, WATFORD, WD17 1HP
Incorporated 12/12/2001

Compliance

Last accounts

31/03/2024

small

Next accounts due

23/06/2026

On track

Confirmation statement

Last: 06/09/2025

Due 20/09/2026

On track

Industry

69201
Accounting and auditing activities

Officers

Mr Alexander Michael Bottom

director · Since 31/07/2023

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 49

Mr Michael Jacoby

director · Since 31/07/2023

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 42

Also on 10 other boards

Mr Meeten Nathwani

director · Since 31/07/2023

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 46

Also on 15 other boards

Simon John Speller

director · Since 31/07/2023

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

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

CompanyRankvs 10349+ SIC 69201 peers
70

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 complianceAll filings up to date · 15/15
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10349Priority Payroll Services Limited
66
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 compliance15/15 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
20225.95
20213.61
20202.99
20192.07

Derived from filed accounts. Not audited figures.