Paystream My Max 2 Limited
06451955
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2023
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 12 other boards
director · Since 01/03/2023
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 13 other boards
director · Since 01/03/2023
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 12 other boards
Persons with Significant Control
Paystream My Max Holdings Limited
Mansion House, Manchester Road, Altrincham, WA14 4RW
Reg: 7598949 · England · Limited Company
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 665+ SIC 78200 peers61
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
appropriate; or the director has not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue . PayStream My Max 2 Limited Independent auditor's report (c
Key FinancialsYear ending 31/03/2020
Turnover
£68.4M
Annual revenue
Net Worth
£309k
Balance sheet strength
Cash
£2.3M
Cash in the bank
Profit Before Tax
£603k
Bottom line earnings
Net Current Assets
£124k
Working capital
Current Assets
£15.7M
Current Liabilities
£15.6M
Debtors
£13.4M
Cost of Sales
£66.7M
Gross Profit
£1.6M
Admin Expenses
£1.0M
Operating Profit
£603k
Profit After Tax
£510k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 1.01 |
Derived from filed accounts. Not audited figures.