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Sinshey Pay Ltd

06472145

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

117 LEY STREET, ILFORD, IG1 4BH
Incorporated 14/01/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Pasupathy Ragupathy

director · Since 15/03/2010

DIRECTOR

SRI LANKAN · ENGLAND · Age 66

Also on 3 other boards

Persons with Significant Control

Mr Pasupathy Ragupathy

75–100% shares
75–100% votes
Appoint directors

Sri Lankan · England · Age 66

117, Ley Street, Ilford, IG1 4BH

Notified 24/04/2026

Former PSCs

Mr Ragupathy Pasupathy

Ceased 24/04/2026

CompanyRankvs 114929+ SIC 68100 peers
36

Financial strength11th percentile among SIC peers · 3/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/12/2024

Net Worth

-£25k

Balance sheet strength

Cash

£274

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

Current Liabilities

£21k

Fixed Assets

£400

0avg. employees

Balance Sheet

Assets less current liabilities-£20k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£354
2023+£508
2022+£8k
2021-£4k
20200.39
20190.18
20181.04

Derived from filed accounts. Not audited figures.