Back to search

Premium Payroll Solutions Limited

09634106

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)
  • Going concern doubt noted in accounts (-10)

Details

HOLLINWOOD BUSINESS CENTRE ALBERT STREET, OLDHAM, OL8 3QL
Incorporated 11/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Anthony Lloyd

director · Since 14/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Mr Peter John Travis

director · Since 14/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Anthony Lloyd

25–50% shares
25–50% votes

British · England · Age 55

Hollinwood Business Centre, Albert Street, Oldham, OL8 3QL

Notified 14/06/2019

Mr Peter John Travis

25–50% shares
25–50% votes

British · United Kingdom · Age 50

Hollinwood Business Centre, Albert Street, Oldham, OL8 3QL

Notified 14/06/2019

Former PSCs

Mrs Carly Travis

Ceased 14/06/2019

Site Contract Investments Ltd

Ceased 14/06/2019

CompanyRankvs 2371+ SIC 85590 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.81× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1West Kirby Educational Trust
90
2Macintyre Care
90
3Emerson College Trust Limited(The)
90
4S.W. Durham Training Limited
90
5The Salmon Youth Centre In Bermondsey
90
6Dawliffe Hall Educational Foundation
90
7Relyon Digital Limited
90
8British Dyslexia Association
90
9Thermal Insulation Contractors Association
90
10Birmingham Rathbone Society
90
2371Premium Payroll Solutions Limited
78
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.

Employees15/15 pts

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

Liquidity16/20 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 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

Key FinancialsYear ending 31/08/2024

Net Worth

£725k

Balance sheet strength

Cash

£244k

Cash in the bank

Profit Before Tax

£174k

Bottom line earnings

Net Current Assets

£804k

Working capital

Current Assets

£1.8M

Current Liabilities

£987k

Debtors

£1.5M

Admin Expenses

£260k

Profit After Tax

£130k

136avg. employees-13

Tax at Year End

Corp tax£44k

People Costs

Wages & salaries£15.3M

Balance Sheet

Bank loans & overdrafts£129k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.81+£130k
20231.62+£96k
20221.45—
20211.32—
20201.04—
20191.30—
20181.09—

Derived from filed accounts. Not audited figures.