Payroll Solutions International Uk Ltd
11671937
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 30/10/2025
Due 13/11/2026
Industry
Officers
Persons with Significant Control
Michael Desmond Cote
Canadian · Canada · Age 67
150, Research Lane, Guelph, N1G 4T2
Notified 22/05/2020
Former PSCs
Miss Adelina Samsara Morina
Ceased 22/05/2020
CompanyRankvs 18767+ SIC 69202 peers32
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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
-£46k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£46k
Working capital
Current Assets
£536k
Current Liabilities
£582k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.92 | +£25k |
| 2023 | 0.64 | -£18k |
| 2022 | 0.87 | -£8k |
| 2021 | 0.71 | -£51k |
| 2020 | 2.35 | — |
| 2019 | 1.66 | — |
Derived from filed accounts. Not audited figures.