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Paylet Ltd

04502107

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)

Details

15 CASTLE STREET, WORCESTER, WR1 3AD
Incorporated 02/08/2002

Compliance

Last accounts

31/08/2025

unaudited abridged

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 28/03/2026

Due 11/04/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Maurice Samuel Nixon

director · Since 01/10/2002

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 71

Also on 157 other boards

Ms Kim Nixon

director · Since 20/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 11 other boards

Donna Nixon

director · Since 28/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 12 other boards

Persons with Significant Control

Mr Maurice Samuel Nixon

75–100% shares

English · England · Age 71

15, Castle Street, Worcester, WR1 3AD

Notified 01/06/2016

CompanyRankvs 4039+ SIC 68209 peers
86

Financial strength86th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 10.71× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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4039Paylet Ltd
86
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£296k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£472k

Working capital

Current Assets

£520k

Current Liabilities

£49k

Fixed Assets

£20k

3avg. employees

Balance Sheet

Assets less current liabilities£492k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202410.71+£52k
202324.93+£38k
20222.33—
20211.94—
20206.84—
20199.16—
201817.97—

Derived from filed accounts. Not audited figures.