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Grants Paymentsolutions Ltd

08111736

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

CEME INNOVATION CENTRE, RAINHAM, RM13 8EU
Incorporated 19/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr James Oludare Akindele

director · Since 19/06/2012

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 7 other boards

Mr Ikechukwu Olufemi Ekwuyasi

director · Since 13/12/2023

DIRECTOR

NIGERIAN · ENGLAND · Age 47

Mr Olorunfemi Ademola Omogbenigun

director · Since 13/12/2023

DIRECTOR

NIGERIAN · NIGERIA · Age 45

Persons with Significant Control

Mr James Oludare Akindele

75–100% shares
75–100% votes

British · England · Age 57

5, Barrett Close, Romford, RM3 7AY

Notified 01/01/2017

Former PSCs

Mr Ikechukwu Olufemi Ekwuyasi

Ceased 09/09/2025

Mr Olorunfemi Ademola Omogbenigun

Ceased 09/09/2025

CompanyRankvs 5048+ SIC 62090 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 8.6× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

£912k

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

£924k

Working capital

Current Assets

£1.0M

Current Liabilities

£122k

Fixed Assets

£2k

Debtors

£1.0M

1avg. employees+1

Balance Sheet

Bank loans & overdrafts£14k
Assets less current liabilities£926k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20248.60+£880k
20231.21-£8k
20221.32+£11k
20211.35-£30k
20200.12-£72k
20192.10+£83k
201832.95

Derived from filed accounts. Not audited figures.