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People Paye Limited

11098037

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

PEOPLE GROUP HOUSE, WARMINSTER, BA12 9BT
Incorporated 05/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69202
Bookkeeping activities

Officers

Mr Terence Wesley Hillier

director · Since 15/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 71 other boards

Persons with Significant Control

People Group Operations Limited

75–100% shares

37, Queen Anne Street, London, W1G 9JB

Notified 03/02/2020

Former PSCs

Mr Jason Medcalf

Ceased 19/03/2018

Mr Mohammed Suhail Mirza

Ceased 19/03/2018

Valyrian Limited

Ceased 25/07/2019

People Group Operations Limited

Ceased 03/02/2020

Mrs Sarah Veronica Hillier

Ceased 03/02/2020

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/10/2019Registered 23/10/2019

CompanyRankvs 2464+ SIC 69202 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.23× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 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

Outstanding charges: -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 director with respect to going con

Key FinancialsYear ending 31/03/2023

Turnover

£31.4M

Annual revenue

Net Worth

£762k

Balance sheet strength

Cash

£566k

Cash in the bank

Profit Before Tax

£292k

Bottom line earnings

Net Current Assets

£762k

Working capital

Current Assets

£4.1M

Current Liabilities

£3.3M

Debtors

£3.5M

Cost of Sales

£31.1M

Gross Profit

£306k

Admin Expenses

£15k

Operating Profit

£292k

Profit After Tax

£292k

1195avg. employees

People Costs

Wages & salaries£26.5M
NI contributions£2.0M

Balance Sheet

Assets less current liabilities£762k
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20231.23+£292k
20221.21+£336k
20211.09

Derived from filed accounts. Not audited figures.