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South Coast Payments Ltd

09475550

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

Cawley Priory, South Pallant, Chichester, PO19 1SY
Incorporated 06/03/2015

Previously known as

Merchantsolutionsuk Limited · until 19/04/2016

Compliance

Last accounts

31/03/2024

micro entity

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 12/08/2024

Due 26/08/2025

Overdue

Industry

64999
Other financial service activities

Officers

Daniel Joseph Waller

director · Since 01/06/2017

British · England · Age 38

Former

Nick Charles Marshall

director · Resigned 25/07/2016

Daniel Joseph Waller

director · Resigned 01/06/2017

Nicola Anne Jackson

director · Resigned 16/05/2018

Iain Douglas Brown

director · Resigned 05/08/2021

Persons with Significant Control

Mr Daniel Joseph Waller

25–50% shares

British · England · Age 38

Cawley Priory, South Pallant, Chichester, PO19 1SY

Notified 01/01/2017

Former PSCs

Mrs Gillian Ann Brown

Ceased 21/02/2018

Change History

statusactive
2026-06-09

Active - Proposal to Strike off

typeltd
2026-06-09

Private Limited Company

address line1Cawley Priory
2026-06-09

CAWLEY PRIORY

post townChichester
2026-06-09

CHICHESTER

officer appointedWALLER, Daniel Joseph
2026-06-09

CompanyRankvs 18646+ SIC 64999 peers
34

Financial strength61th percentile among SIC peers · 15/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength15/25 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.

Liquidity2/20 pts

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

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 31/03/2024

Net Worth

£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£10

Current Liabilities

£16k

1avg. employees+1

Balance Sheet

Assets less current liabilities£15k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£0
20230.00+£0
20220.00+£0
20210.00+£37k
20200.00+£0
20190.00

Derived from filed accounts. Not audited figures.