Uk Payroll Services And Ontime Accounts Limited
07296001
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr John Magezi
British · England · Age 60
Flat 4 Bradwell Court, Bradwell Green, Brentwood, CM13 1YR
Notified 01/07/2016
CompanyRankvs 27036+ SIC 69201 peers42
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2024
Net Worth
-£17k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£4k
Current Liabilities
£8k
Fixed Assets
£1k
Tax at Year End(2019)
Director Loans(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.51 | -£5k |
| 2023 | 1.89 | +£483 |
| 2022 | 2.27 | -£9k |
| 2021 | 0.08 | +£0 |
| 2020 | 0.08 | -£22 |
| 2019 | 0.11 | — |
| 2018 | -0.75 | — |
Derived from filed accounts. Not audited figures.