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Paye Developments Ltd

10678802

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

Polhill Business Centre, London Road, Halstead, TN14 7AA
Incorporated 20/03/2017

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 19/03/2026

Due 02/04/2027

On track

Industry

82990
Other business support service activities

Officers

Michael Charles Paye

director · Since 20/03/2017

British · United Kingdom · Age 59

Michael William Joseph Paye

director · Since 21/03/2017

British · United Kingdom · Age 32

Persons with Significant Control

Mr Michael Charles Paye

25–50% shares
25–50% votes

British · United Kingdom · Age 59

Polhill Business Centre, London Road, Halstead, TN14 7AA

Notified 20/03/2017

Miss Rosie Amelia Paye

25–50% shares
25–50% votes

British · England · Age 30

The Polhill Business Centre, London Road, Halstead, TN14 7AA

Notified 28/02/2025

Mr Michael William Joseph Paye

25–50% shares
25–50% votes

British · United Kingdom · Age 32

Polhill Business Centre, London Road, Halstead, TN14 7AA

Notified 28/02/2025

Charges0 outstanding

Charge
satisfied

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Change History

status → active
2026-06-04

Active

type → ltd
2026-06-04

Private Limited Company

address line1 → Polhill Business Centre
2026-06-04

POLHILL BUSINESS CENTRE

post town → Halstead
2026-06-04

HALSTEAD

officer appointed → PAYE, Michael William Joseph
2026-06-04
officer appointed → PAYE, Michael Charles
2026-06-04

CompanyRankvs 50574+ SIC 82990 peers
62

Financial strength33th percentile among SIC peers · 8/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.05× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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50574Paye Developments Ltd
62
How is this score calculated?
Financial strength8/25 pts

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

Employees10/15 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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£67k

Cash in the bank

Net Current Assets

£97k

Working capital

Current Assets

£190k

Current Liabilities

£93k

Debtors

£14k

2avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£97k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.05
20249.73
202311.45
20222.68
20211.12
20200.97
20190.98

Derived from filed accounts. Not audited figures.