Handepay Ltd.
05504126
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/03/2014
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
director · Since 14/08/2023
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 51
Also on 44 other boards
director · Since 06/09/2024
COMMERCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
director · Since 12/05/2026
BRITISH · UNITED KINGDOM · Age 38
Also on 3 other boards
Persons with Significant Control
Paypoint Plc
1, The Boulevard, Welwyn Garden City, AL7 1EL
Reg: 03581541 · Registrar Of Companies · Public Limited Company
Notified 03/02/2021
Former PSCs
Andrew Macauley
Ceased 03/02/2021
Andrew John Peake
Ceased 03/02/2021
Mr Paulus Reginaldus Van Vliet
Ceased 03/02/2021
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 370+ SIC 64999 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙ assess the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, or
Key FinancialsYear ending 31/03/2023
Turnover
£14.8M
Annual revenue
Net Worth
£13.8M
Balance sheet strength
Cash
£122k
Cash in the bank
Profit Before Tax
£4.2M
Bottom line earnings
Net Current Assets
£13.7M
Working capital
Current Assets
£15.2M
Current Liabilities
£1.6M
Fixed Assets
£114k
Debtors
£13.4M
Cost of Sales
£7.6M
Gross Profit
£7.1M
Admin Expenses
£3.3M
Operating Profit
£3.8M
Profit After Tax
£3.4M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 9.70 |
Derived from filed accounts. Not audited figures.