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Payally Limited

10600055

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

80 COLEMAN STREET, LONDON, EC2R 5BJ
Incorporated 03/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
64999
Other financial service activities

Officers

Mr. Rafal Andzejevski

director · Since 03/02/2017

ENTREPRENEUR

LITHUANIAN · ENGLAND · Age 37

Mr. Robert John Ford

director · Since 15/05/2019

CHARTERED ACCOUNTANT

BRITISH · SPAIN · Age 78

Persons with Significant Control

Andzejevski Holding Ou

75–100% shares
25–50% votes

25, Pohja Pst, Tallinn

Reg: 14015420 · Commercial Register Of Estonia · Private Limited Liability Company

Notified 03/02/2017

Former PSCs

Mr. Dmitrijus Apockinas

Ceased 27/11/2021

Advapay Ou

Ceased 11/03/2022

CompanyRankvs 6109+ SIC 62012 peers
65

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6109Payally Limited
75
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.

Employees14/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£4.6M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£36.2M

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£36.5M

Current Liabilities

£35.0M

Fixed Assets

£494k

Debtors

£335k

Gross Profit

£4.6M

Admin Expenses

£3.2M

Operating Profit

£1.4M

Profit After Tax

£1.1M

12avg. employees

Tax at Year End

Corp tax£266k

People Costs

Wages & salaries£386k
NI contributions£15k

Balance Sheet

Intangible assets£441k
Assets less current liabilities£2.0M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent Ratio
20211.04

Derived from filed accounts. Not audited figures.