Back to search

Mpaas Ltd

09820522

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

One Canada Square Canary Wharf, Floor 10 (North West), London, E14 5AB
Incorporated 12/10/2015

Previously known as

Pay Less For Water Ltd · until 18/01/2019

Compliance

Last accounts

31/10/2025

full

Next accounts due

30/07/2027

On track

Confirmation statement

Last: 18/08/2026

Due 01/09/2027

On track

Industry

96090
Other personal service activities

Officers

Mr Neeraj Bhatia

director · Since 12/10/2015

DIRECTOR

INDIAN · ISLE OF MAN · Age 57

Mr Steven James Daniels

director · Since 12/10/2015

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Jordan Michael Benbow

director · Since 22/04/2020

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 3 other boards

Mr Vipan Kumar

director · Since 14/07/2025

COMPANY DIRECTOR

INDIAN · INDIA · Age 41

Steven James Daniels

director · Since 12/10/2015

British · England · Age 47

Neeraj Bhatia

director · Since 12/10/2015

Indian · Isle Of Man · Age 57

Jordan Michael Benbow

director · Since 22/04/2020

British · England · Age 32

Vipan Kumar

director · Since 14/07/2025

Indian · India · Age 41

Former

Kenneth Francis Campbell

director · Resigned 16/07/2025

Persons with Significant Control

Mr Jordan Michael Benbow

Significant control
significant-influence-or-control-as-firm

British · England · Age 32

One, Canada Square Canary Wharf, London, E14 5AB

Notified 21/10/2021

Mr Vipan Kumar

25–50% shares

Indian · India · Age 41

One, Canada Square Canary Wharf, London, E14 5AB

Notified 11/10/2022

Mr Neeraj Bhatia

25–50% shares

British · Isle Of Man · Age 57

One, Canada Square Canary Wharf, London, E14 5AB

Notified 01/10/2023

Gamechanger Investments Ltd

25–50% shares
25–50% votes

The Octagon, 27 Middleborough, Colchester, CO1 1TG

Reg: 15935065 · United Kingdom Companies House · Private Limited Company

Notified 24/07/2025

Former PSCs

Mr Kenneth Francis Campbell

Ceased 22/10/2021

Mr Steven James Daniels

Ceased 24/07/2025

Change History

officer appointedBENBOW, Jordan Michael
2026-08-22
officer appointedBHATIA, Neeraj
2026-08-22
officer appointedDANIELS, Steven James
2026-08-22
officer appointedKUMAR, Vipan
2026-08-22
statusactive
2026-08-22

Active

typeltd
2026-08-22

Private Limited Company

address line1One Canada Square Canary Wharf
2026-08-22

ONE CANADA SQUARE CANARY WHARF

post townLondon
2026-08-22

LONDON

CompanyRankvs 64633+ SIC 96090 peers
33

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

Employees15/15 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 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

of the directors’ assessment of the company’s ability to continue as a going concern included the following: evaluating the directors’ assessment of going concern through analysis of the company’s management accounts and discussions with the managing directors assessing the underlying assumptions included in the financial forecasts, with reference to our knowl

Key FinancialsYear ending 31/10/2025

Net Worth

-£22.1M

Balance sheet strength

Cash

£36k

Cash in the bank

Profit Before Tax

-£5.8M

Bottom line earnings

Net Current Assets

-£3.6M

Working capital

Current Assets

£2.5M

Current Liabilities

£6.1M

Fixed Assets

£3.3M

Debtors

£2.4M

Cost of Sales

£6.7M

Admin Expenses

£20.9M

Profit After Tax

-£5.8M

272avg. employees+269

People Costs

Wages & salaries£11.1M

Balance Sheet

Intangible assets£3.0M
Assets less current liabilities-£350k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.40-£5.8M
20240.74

Derived from filed accounts. Not audited figures.