Pay Later Ltd
10693735
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 27/03/2026
Due 10/04/2027
Industry
Officers
director · Since 20/04/2018
DIRECTOR
SCOTTISH · SCOTLAND · Age 73
Also on 15 other boards
Persons with Significant Control
Mr Robin Campbell Smeaton
Scottish · Scotland · Age 73
C/O The City Partnership (Uk) Limited, Suite 2, Ground Floor, Orchard Brae House, Edinburgh, EH4 2HS
Notified 20/04/2018
Former PSCs
Mr Paul Jochen Ebert
Ceased 20/04/2018
Charges0 outstanding
GUILLAUME AMBLARD AS SECURITY AGENT
CompanyRankvs 383+ SIC 64929 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
£22k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£22k
Working capital
Current Assets
£28k
Current Liabilities
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.23 | +£16k |
| 2023 | 1.34 | -£3k |
| 2022 | 1.52 | -£29k |
| 2021 | — | +£2k |
| 2020 | Infinity | -£8k |
| 2019 | 124.38 | +£33k |
| 2018 | 159.14 | — |
Derived from filed accounts. Not audited figures.