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Instapay Ltd

12365697

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

58 CHAPEL ROAD, WORTHING, BN11 1BN
Incorporated 16/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47910
Retail sale via mail order houses or via Internet

Officers

Mr Sanamdeep Sharma

secretary · Since 10/07/2020

Mr Mohammed Aftab Uddin Reeko

director · Since 10/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 5 other boards

Persons with Significant Control

Mr Mohammed Reeko

25–50% shares
25–50% votes

British · United Kingdom · Age 41

58, Chapel Road, Worthing, BN11 1BN

Notified 16/12/2019

Former PSCs

Mr Rajeev Sharma

Ceased 20/07/2022

CompanyRankvs 9647+ SIC 47110 peers
54

Financial strength42th percentile among SIC peers · 11/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 4.22× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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9647Instapay Ltd
53
How is this score calculated?
Financial strength11/25 pts

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

Employees1/15 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 31/12/2024

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£645

Working capital

Current Assets

£845

Current Liabilities

£200

Fixed Assets

£9k

0avg. employees-1

Balance Sheet

Assets less current liabilities£10k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.22+£6k
20233.06-£6k
202113.15—
20200.44—

Derived from filed accounts. Not audited figures.