My Pay Day Limited
12542262
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/08/2022
ENTREPRENEUR
BRITISH · ENGLAND · Age 38
Also on 2 other boards
Persons with Significant Control
Dr Mehmood Jamshed
British · England · Age 38
C/O Mj Support & Co,, 30 Churchill Place, London, E14 5EU
Notified 10/08/2022
Former PSCs
Mr Mehmood Ul Hassan
Ceased 10/08/2022
CompanyRankvs 45095+ SIC 74909 peers38
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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
-£27k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£27k
Working capital
Current Assets
£118
Current Liabilities
£28k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£7k |
| 2023 | 0.01 | -£17k |
| 2022 | 0.08 | — |
Derived from filed accounts. Not audited figures.