Back to search

Pay Set Limited

11529161

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

FIRST FLOOR, LONDON, EC4M 7RD
Incorporated 21/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities
74909
Other professional, scientific and technical activities

Officers

Mr Perry Ernest Asforis

director · Since 21/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Adam Mark Mackulin

director · Since 13/09/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Capitalium Limited

75–100% shares
75–100% votes
Appoint directors

First Floor 5, Fleet Place, London, EC4M 7RD

Reg: 11479723 · Companies House · Private Limited Company

Notified 21/08/2018

CompanyRankvs 7191+ SIC 64999 peers
55

Financial strength96th percentile among SIC peers · 24/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Atlanta Trust Limited
90
2Bishopsgate Corporate Finance Limited
90
3M.W. Beer & Co. Limited
90
4Mirabaud Asset Management Limited
90
5Chelsea Financial Services Plc
90
6Gee & Watson Wealth Management Limited
90
7Yfm Private Equity Limited
90
8Dentons Pension Management Limited
90
9South West Investment Group Limited
90
10Dowgate Capital Limited
90
7191Pay Set Limited
64
How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 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.

Longevity8/15 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 31/12/2024

Turnover

£5.7M

Annual revenue

Net Worth

£1.6M

Balance sheet strength

Cash

£21.5M

Cash in the bank

Profit Before Tax

£232k

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£24.8M

Current Liabilities

£23.2M

Fixed Assets

£4k

Debtors

£3.2M

Cost of Sales

£803k

Gross Profit

£4.9M

Admin Expenses

£5.1M

Operating Profit

£21k

Profit After Tax

£232k

1avg. employees

Tax at Year End(2023)

Corp tax£0

People Costs

Wages & salaries£68k
NI contributions£2k

Balance Sheet

Assets less current liabilities£1.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.07+£0
20241.07+£1.0M
20231.04+£0
2022—+£391k
2021—-£159k

Derived from filed accounts. Not audited figures.