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Pay-Your-Way Ltd

10183113

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

28 Beaufort Road, Twickenham, TW1 2PQ
Incorporated 17/05/2016

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 03/05/2026

Due 17/05/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Gary Mitchell Armstrong

secretary · Since 17/05/2016

Also on 2 other boards

Mr Gary Mitchell Armstrong

director · Since 17/05/2016

SALES PROFESSIONAL

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Gary Mitchell Armstrong

secretary · Since 17/05/2016

Gary Mitchell Armstrong

director · Since 17/05/2016

British · England · Age 63

Former

Michael Duke

director · Resigned 17/05/2016

Persons with Significant Control

Mr Gary Mitchell Armstrong

Significant control

British · England · Age 63

28, Beaufort Road, Twickenham, TW1 2PQ

Notified 17/05/2016

Change History

statusactive
2026-08-21

Active

typeltd
2026-08-21

Private Limited Company

address line128 Beaufort Road
2026-08-21

28 BEAUFORT ROAD

post townTwickenham
2026-08-21

TWICKENHAM

officer appointedARMSTRONG, Gary Mitchell
2026-08-21
officer appointedARMSTRONG, Gary Mitchell
2026-08-21

CompanyRankvs 41085+ SIC 62020 peers
59

Financial strength57th percentile among SIC peers · 14/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 8.76× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees0/15 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.

Longevity10/15 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 31/05/2025

Net Worth

£7k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£8k

Current Liabilities

£876

Director Loans

Company owes directors£700

Balance Sheet

Assets less current liabilities£7k
Signed by Mr Gary Armstrong 6th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.76-£273
202411.10-£259
202314.96

Derived from filed accounts. Not audited figures.