Back to search

Gate Payroll Limited

04858191

active
Private Limited Company
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

37 NEVILLE ROAD, CROYDON, CR0 2DS
Incorporated 06/08/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mrs Caroline Abimbola Apeke Afolalu

secretary · Since 06/08/2003

BRITISH · Age 58

Mr Babatunde Adedayo Afolalu

director · Since 06/08/2003

PAYROLL ADMNISTRATOR

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Persons with Significant Control

Mr Babatunde Adedayo Afolalu

25–50% shares

British · United Kingdom · Age 65

6, Whitstone Lane, Beckenham, BR3 3FZ

Notified 06/08/2016

CompanyRankvs 23420+ SIC 74909 peers
58

Financial strength45th percentile among SIC peers · 11/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength11/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 31/08/2024

Turnover

£16k

Annual revenue

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£666

Working capital

Current Assets

£3k

Current Liabilities

£2k

Fixed Assets

£598

Profit After Tax

£497

1avg. employees-1

Balance Sheet

Depreciation£0
Assets less current liabilities£1k
Signed by 1.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20241.32
20230.41
20220.39
20203.85
20191.01
20181.01

Derived from filed accounts. Not audited figures.