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Vsp Payroll Services Limited

12864264

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)
  • Current liabilities exceed current assets (-10)

Details

188 VICTORIA AVENUE, HULL, HU5 3DY
Incorporated 08/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78300
Human resources provision and management of human resources functions

Officers

Mrs Victoria Susan Parkinson

director · Since 08/09/2020

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 12 other boards

Persons with Significant Control

Mrs Victoria Susan Parkinson

75–100% shares
75–100% votes
Appoint directors

British · England · Age 43

188, Victoria Avenue, Hull, HU5 3DY

Notified 08/09/2020

CompanyRankvs 1911+ SIC 78300 peers
69

Financial strength86th percentile among SIC peers · 22/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 7.56× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 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.

Longevity6/15 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 30/09/2024

Net Worth

£51k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£59k

Current Liabilities

£8k

Debtors

£55k

1avg. employees

Tax at Year End

Corp tax£5k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£51k
Signed by Mrs Victoria Parkinson 17/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.56+£18k
20238.34+£11k
20229.53+£8k
20215.26

Derived from filed accounts. Not audited figures.