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Payrollcloud Limited

11877447

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

INTERNATIONAL HOUSE, LONDON, E16 2DQ
Incorporated 12/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Dharmesh Agarwal

director · Since 13/07/2022

ENGINEER

CANADIAN · CANADA · Age 44

Persons with Significant Control

Mr Dharmesh Agarwal

75–100% shares

Canadian · Canada · Age 44

128 Lynnbrook Dr, 128 Lynnbrook Dr, Toronto

Notified 13/07/2022

Former PSCs

Payrollcloud Corp

Ceased 13/03/2019

Appsseer Payrollcloud India Private Limited

Ceased 13/03/2019

Mr. Dharmesh Agarwal

Ceased 01/05/2020

Sweta Agrawal

Ceased 13/03/2019

Mukesh Agarwal

Ceased 13/07/2022

CompanyRankvs 17514+ SIC 62012 peers
64

Financial strength91th percentile among SIC peers · 23/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.91× · 16/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/03/2025

Turnover

£617k

Annual revenue

Net Worth

£211k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£211k

Working capital

Current Assets

£443k

Current Liabilities

£232k

Fixed Assets

£0

Profit After Tax

£38k

0avg. employees

Balance Sheet

Assets less current liabilities£211k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20251.91+£38k
20241.62+£30k
20231.55+£60k
20221.73+£51k
20211.23

Derived from filed accounts. Not audited figures.