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Select Payroll Solutions Limited

06594724

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 15/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Bryan Nicholas Davies

director · Since 01/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Persons with Significant Control

Topsource Worldwide Group Limited

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

Office 807, Labs House 15-19, Bloomsbury Way, London, WC1A 2TH

Reg: 12987655 · Uk Companies House · Private Limited Company

Notified 30/07/2021

Former PSCs

Mrs Dawn Wade

Ceased 30/07/2021

CompanyRankvs 82844+ SIC 82990 peers
50

Financial strength79th percentile among SIC peers · 20/25
Employees0th percentile among SIC peers · 0/15
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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82844Select Payroll Solutions Limited
50
How is this score calculated?
Financial strength20/25 pts

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

Employees0/15 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 31/05/2021

Net Worth

£53k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

—

Current Liabilities

-£20k

Balance Sheet

Assets less current liabilities£54k
Signed by Mrs Dawn Wade

EstimatesDerived

YearImplied Profit
2021-£10k
2020+£36k

Derived from filed accounts. Not audited figures.