Thepayrollcompany Ltd
12472778
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/02/2020
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 35
director · Since 19/02/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 10 other boards
director · Since 19/02/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
Mr Timothy John Rayner
British · England · Age 49
Swift House, Ground Floor, 18, Hoffmanns Way, Chelmsford, Essex, CM1 1GU
Notified 19/02/2020
CompanyRankvs 33879+ SIC 69201 peers30
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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 28/02/2025
Net Worth
-£12k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£6k
Current Liabilities
£8k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | +£576 |
| 2024 | 1.03 | +£3k |
| 2023 | 0.99 | +£956 |
| 2022 | 1.00 | -£2k |
| 2021 | 1.24 | — |
Derived from filed accounts. Not audited figures.