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Payassist Limited

08896393

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)
  • Current liabilities exceed current assets (-10)

Details

52 NEW TOWN, UCKFIELD, TN22 5DE
Incorporated 14/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr James Bryan Duggan

director · Since 15/06/2016

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 50

Also on 9 other boards

Mrs Jane Sarah Atherton

director · Since 09/02/2022

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 48

Also on 1 other board

Mr David John Pumfrey

director · Since 09/02/2022

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 15 other boards

Persons with Significant Control

Simmons Gainsford Professional Services Limited

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

14th Floor, 33, London, W1G 0PW

Reg: 15055092 · Companies House · Limited By Shares

Notified 06/12/2023

Former PSCs

Simmons Gainsford Llp

Ceased 06/12/2023

CompanyRankvs 953+ SIC 69201 peers
86

Financial strength98th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.7× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

Longevity12/15 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 30/11/2023

Net Worth

£664k

Balance sheet strength

Cash

£654k

Cash in the bank

Net Current Assets

£664k

Working capital

Current Assets

£750k

Current Liabilities

£86k

Debtors

£96k

7avg. employees

Tax at Year End

Corp tax£47k

Balance Sheet

Assets less current liabilities£664k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20238.70+£66k
20235.76+£86k
20213.31

Derived from filed accounts. Not audited figures.