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Paid Technology Ltd

11557688

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Great North House, 20 Allington Way, Darlington, DL1 4QB
Incorporated 07/09/2018

Previously known as

Paid Financial Services Limited · until 07/11/2018

Compliance

Last accounts

30/04/2025

micro entity

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 28/10/2025

Due 11/11/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Thomas Frazer Howsam

director · Since 07/09/2018

WEB DEVELOPER

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Thomas Frazer Howsam

director · Since 07/09/2018

British · United Kingdom · Age 44

Former

Natasha Alexandra Astley Foster

director · Resigned 06/09/2023

Persons with Significant Control

Paid Group Ltd

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

140, Coniscliffe Road, Darlington, DL3 7RT

Reg: 11736057 · Companies House · Ltd

Notified 21/12/2018

Former PSCs

Mr Thomas Frazer Howsam

Ceased 21/12/2018

Change History

statusactive
2026-08-24

Active

typeltd
2026-08-24

Private Limited Company

address line1Great North House
2026-08-24

140 CONISCLIFFE ROAD

post townDarlington
2026-08-24

DARLINGTON

postcodeDL1 4QB
2026-08-24

DL3 7RT

officer appointedHOWSAM, Thomas Frazer
2026-08-24

CompanyRankvs 37812+ SIC 62012 peers
38

Financial strength0th percentile among SIC peers · 0/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£3.9M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£3.9M

Working capital

Current Assets

£29k

Current Liabilities

£4.0M

Fixed Assets

£13k

3avg. employees-2

Balance Sheet

Assets less current liabilities-£3.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£18k
20240.05-£687k
20230.17

Derived from filed accounts. Not audited figures.