Back to search

Smartpay Merchant Services Limited

09917203

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

DIGBETH COURT BUSINESS CENTRE 162-164 HIGH STREET DERITEND, BIRMINGHAM, B12 0LD
Incorporated 15/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Muhammad Nadeem Majeed

director · Since 01/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Muhammad Nadeem Majeed

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm

British · England · Age 45

Digbeth Court Business Centre, 162-164 High Street Deritend, Birmingham, B12 0LD

Notified 01/11/2023

Former PSCs

Mr Muhammad Nadeem Majeed

Ceased 24/04/2019

Mrs Arooj Sarwar Muhammad Chaudhry

Ceased 05/03/2017

Mr Usman Ashfaq Cheema

Ceased 22/04/2020

Mr Muhammad Nadeem Majeed

Ceased 07/02/2022

Mr Usman Ashfaq Cheema

Ceased 01/11/2023

Mr Usman Ashfaq Cheema

Ceased 20/11/2024

CompanyRankvs 5598+ SIC 74909 peers
78

Financial strength73th percentile among SIC peers · 18/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 15.16× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Burbidge & Son Limited
90
2Kellands (Holdings) Limited
90
3National Association Of Teachers Of Dancing Limited(The)
90
4Processors & Growers Research Organisation
90
5Selby Livestock Auction Mart Limited
90
6Werfen Limited
90
7Butterworth Laboratories Limited
90
8Green & Preece (Grinding) Limited
90
9Seen And Heard Limited
90
10Quest Underwater Services Limited
90
5598Smartpay Merchant Services Limited
77
How is this score calculated?
Financial strength18/25 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.

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 30/12/2024

Net Worth

£32k

Balance sheet strength

Cash

£115k

Cash in the bank

Net Current Assets

£109k

Working capital

Current Assets

£116k

Current Liabilities

£8k

Fixed Assets

£26k

Debtors

£2k

6avg. employees

Balance Sheet

Intangible assets£10k
Bank loans & overdrafts£19k
Assets less current liabilities£134k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202415.16+£9k
20236.12+£10k
202140.01+£1k
202027.55+£13k
20192.45-£9k
20182.14—

Derived from filed accounts. Not audited figures.