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Prompt Pay Services Ltd

12138944

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

3RD FLOOR,, LONDON, W1B 3HH
Incorporated 05/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management
78300
Human resources provision and management of human resources functions

Officers

Ms Adunni Oyewole

director · Since 05/08/2019

CONSULTANT

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Ms Adunni Oyewole

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

British · England · Age 46

5, Hammond Avenue, Mitcham, CR4 1SR

Notified 05/08/2019

CompanyRankvs 1652+ SIC 70221 peers
75

Financial strength87th percentile among SIC peers · 22/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.02× · 20/20
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 strength22/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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 31/08/2021

Net Worth

£122k

Balance sheet strength

Cash

£76k

Cash in the bank

Net Current Assets

£172k

Working capital

Current Assets

£257k

Current Liabilities

£85k

Debtors

£181k

2avg. employees

Tax at Year End

Corp tax£29k
VAT£44k

Director Loans

Company owes directors£8k

Balance Sheet

Assets less current liabilities£172k
Signed by Miss Adunni Oyewole 19/11/2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20213.02+£99k£883k
20202.27£795k

Derived from filed accounts. Not audited figures.