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Payme Ltd

07768985

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O QUANTUMA ADVISORY LIMITED 7TH FLOOR, LONDON, EC4A 3AG
Incorporated 09/09/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
78200
Temporary employment agency activities

Officers

Mr Imran Qadeer

director · Since 03/04/2024

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 45

Also on 12 other boards

Mr Ashley Jason Holdaway

director · Since 22/01/2025

LEGAL SERVICES FACILITATOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Iqob Managed Services Ltd

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

Unit 2, Manor Mill Lane, Leeds, LS11 8LQ

Reg: 14655154 · Companies House · Private Limited Company

Notified 03/04/2024

Former PSCs

Mr John Andrew Patrick

Ceased 27/09/2018

Payme Group Limited

Ceased 03/04/2024

Charges0 outstanding

Charge
satisfied

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Created 28/12/2023Registered 10/01/2024Satisfied 22/03/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 24/03/2014Registered 31/03/2014Satisfied 13/05/2026
Charge
satisfied

BARCLAYS BANK PLC

Created 06/09/2013Registered 20/09/2013Satisfied 13/05/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/02/2013Registered 20/02/2013Satisfied 21/03/2014

CompanyRankvs 15+ SIC 70229 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2021

Turnover

£53.4M

Annual revenue

Net Worth

£421k

Balance sheet strength

Cash

£664k

Cash in the bank

Profit Before Tax

£336k

Bottom line earnings

Net Current Assets

£390k

Working capital

Current Assets

£11.8M

Current Liabilities

£11.4M

Fixed Assets

£74k

Debtors

£11.1M

Cost of Sales

£52.2M

Gross Profit

£1.2M

Admin Expenses

£943k

Operating Profit

£244k

Profit After Tax

£292k

1256avg. employees+233

Tax at Year End

Corp tax£35k

People Costs

Wages & salaries£28.6M
NI contributions£2.1M

Balance Sheet

Intangible assets£13k
Assets less current liabilities£464k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20211.03+£292k
20201.00

Derived from filed accounts. Not audited figures.