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Payme Group Limited

11556647

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

C/O QUANTUMA ADVISORY LIMITED, LONDON, EC4A 3AG
Incorporated 06/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Mohammed Fazlul Karim Mondol

director · Since 01/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Persons with Significant Control

Ipe Ventures Limited

50–75% shares

4th Floor, 73 New Bond Street, London, W1S 1RS

Reg: 10571215 · England And Wales · Private Limited Company

Notified 07/09/2018

Mr Mohammed Fazlul Karim Mondol

75–100% shares

British · England · Age 51

C/O Quantuma Advisory Limited, 20 St Andrew Street, London, EC4A 3AG

Notified 01/05/2024

Former PSCs

Mr Mumtad Sayeed Choudhury

Ceased 07/09/2018

Charges2 outstanding

Charge
outstanding

IPE ARCADIA STREET (FLAT 7) LIMITED

Created 28/12/2023Registered 09/10/2024
Charge
outstanding

IPE VENTURES LIMITED

Created 28/07/2022Registered 01/08/2022

CompanyRankvs 15+ SIC 64209 peers
9

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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

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 directors with respect to going concern are d

Key FinancialsYear ending 31/03/2021

Net Worth

-£184k

Balance sheet strength

Cash

£494

Cash in the bank

Profit Before Tax

-£50k

Bottom line earnings

Net Current Assets

-£1.4M

Working capital

Current Assets

£6.4M

Current Liabilities

£7.7M

Debtors

£6.4M

Admin Expenses

£12k

Operating Profit

-£11k

Profit After Tax

-£50k

0avg. employees

Balance Sheet

Bank loans & overdrafts£44k
Assets less current liabilities-£140k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20210.82

Derived from filed accounts. Not audited figures.