Well Pay Bureau Ltd
12325438
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
28/07/2026
Confirmation statement
Last: 19/11/2025
Due 03/12/2026
Industry
Officers
director · Since 20/11/2019
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 28 other boards
Persons with Significant Control
Mr Shuja Ur Rehman
British · England · Age 45
Parkway 5 Parkway Business Centre, 300 Princess Road, Manchester, M14 7HR
Notified 20/11/2019
CompanyRankvs 187705+ SIC 70229 peers26
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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 31/10/2024
Net Worth
-£17k
Balance sheet strength
Cash
£3
Cash in the bank
Net Current Assets
£10k
Working capital
Current Assets
£10k
Current Liabilities
£27k
Debtors
£10k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.37 | -£7k |
| 2023 | 0.63 | — |
Derived from filed accounts. Not audited figures.