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Glasgow Payroll Bureau Ltd

06777794

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

111 PARK ROAD, LONDON, NW8 7JL
Incorporated 21/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69202
Bookkeeping activities

Officers

Miss Louise Patricia Mcgilloway

director · Since 21/12/2008

DIRECTOR

BRITISH · SCOTLAND · Age 42

Also on 2 other boards

Mrs Monica Mcginney

director · Since 01/01/2017

DIRECTOR

BRITISH · SCOTLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Miss Louise Patricia Mcgilloway

25–50% shares
75–100% votes
Appoint directors

British · Scotland · Age 42

111, Park Road, London, NW8 7JL

Notified 01/07/2016

Mr Hugh Norris Mcgilloway

25–50% shares

British · Scotland · Age 77

111, Park Road, London, NW8 7JL

Notified 05/08/2025

CompanyRankvs 4732+ SIC 69202 peers
67

Financial strength64th percentile among SIC peers · 16/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.42× · 12/20
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 strength16/25 pts

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

Employees9/15 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 31/12/2024

Net Worth

£7k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£22k

Current Liabilities

£16k

Debtors

£11k

2avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.42-£10k
20232.62-£7k
20223.18-£472
2021+£5k
2020-£11k
2019+£1k

Derived from filed accounts. Not audited figures.