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Cheddar Payments Limited

12895809

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FLOOR 7, 2 TELEVISION CENTRE, LONDON, W12 7FR
Incorporated 22/09/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/10/2025

Due 20/10/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Tariq Mohamed Zaid

director · Since 22/09/2020

SOFTWARE ENGINEER

CANADIAN,BRITISH · NETHERLANDS · Age 45

Mr Luke Anthony Ladyman

director · Since 01/01/2025

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Persons with Significant Control

Cheddar Payments B.V.

75–100% shares

184h, Overtoom, Amsterdam

Reg: 861340280 · Netherlands Chamber Of Commerce · Private Limited Liability Company

Notified 22/09/2020

Mr Tariq Mohamed Zaid

25–50% votes

Canadian,British · Netherlands · Age 45

Floor 7,, 2 Television Centre, London, W12 7FR

Notified 22/09/2020

Mr Luke Anthony Ladyman

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

British · United Kingdom · Age 39

71-75, Shelton Street, London, WC2H 9JQ

Notified 22/09/2020

CompanyRankvs 12023+ SIC 62012 peers
72

Financial strength95th percentile among SIC peers · 24/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.59× · 16/20
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 strength24/25 pts

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

Employees11/15 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.

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 31/12/2024

Net Worth

£511k

Balance sheet strength

Cash

£127k

Cash in the bank

Net Current Assets

£508k

Working capital

Current Assets

£1.4M

Current Liabilities

£862k

Fixed Assets

£3k

Debtors

£1.2M

2avg. employees-1

Tax at Year End

VAT-£6k

Balance Sheet

Intangible assets£1k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.59-£151k
20232.55+£1.1M£214k
20220.23-£515k
2021+£17k

Derived from filed accounts. Not audited figures.