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A.B Payne Ltd

12379257

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

88 CHRISTCHURCH ROAD, NEWPORT, NP19 7SJ
Incorporated 30/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation
68201
Renting and operating of Housing Association real estate

Officers

Mr Billy Graham Payne

director · Since 30/12/2019

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Billy Graham Payne

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 33

88, Christchurch Road, Newport, NP19 7SJ

Notified 30/12/2019

Former PSCs

Ms Abigail Leah Pearce

Ceased 17/02/2020

CompanyRankvs 28141+ SIC 43220 peers
42

Financial strength13th percentile among SIC peers · 3/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.75× · 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 strength3/25 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.

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 31/12/2024

Net Worth

-£695

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£33k

Current Liabilities

£19k

Fixed Assets

£15k

0avg. employees-1

Balance Sheet

Assets less current liabilities£29k

EstimatesDerived

YearCurrent Ratio
20241.75
20231.65
20212.09

Derived from filed accounts. Not audited figures.