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Payworks Payroll Limited

09873516

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)

Details

UNIT A TELFORD COURT, CHESTER, CH1 6LT
Incorporated 16/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Steven Pendergast

director · Since 10/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 34 other boards

Persons with Significant Control

Quest Pay Solutions Ne Limited

75–100% shares
75–100% votes

Unit A Telford Court, Unit A Telford Court, Chester, CH1 6LT

Reg: 10389201 · Companies House · Limited Company

Notified 04/12/2017

Charges0 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 27/09/2016Registered 29/09/2016Satisfied 26/04/2021

CompanyRankvs 166420+ SIC 78109 peers
40

Financial strength34th percentile among SIC peers · 9/25
Employees33th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees5/15 pts

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

Liquidity0/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

Current Liabilities

£69k

1avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20180.51

Derived from filed accounts. Not audited figures.