Paynetics Uk Limited
12481335
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/02/2020
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 2 other boards
director · Since 07/01/2021
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 61
Also on 2 other boards
director · Since 07/01/2021
COMPANY DIRECTOR
BULGARIAN · BULGARIA · Age 57
director · Since 17/03/2025
CHIEF EXECUTIVE OFFICER
BRITISH · UNITED KINGDOM · Age 65
Persons with Significant Control
Mr Valeri Marinov Valtchev
Bulgarian · Bulgaria · Age 50
Salisbury House, Office 409, London, EC2M 5SQ
Notified 26/03/2024
Mr Ivo Alexandrov Gueorguiev
British · England · Age 62
Salisbury House, Office 409, London, EC2M 5SQ
Notified 26/03/2024
Former PSCs
Paynetics Ad
Ceased 25/02/2020
CompanyRankvs 15019+ SIC 64999 peers32
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2021
Turnover
£261k
Annual revenue
Net Worth
£100
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£624k
Bottom line earnings
Net Current Assets
-£965k
Working capital
Current Assets
—
Current Liabilities
£1.0M
Debtors
£35k
Cost of Sales
£319k
Gross Profit
-£59k
Admin Expenses
£564k
Operating Profit
-£621k
Profit After Tax
-£624k
People Costs
Balance Sheet