Payaable Ltd
12921042
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 01/10/2025
Due 15/10/2026
Industry
Officers
director · Since 15/11/2024
COMPANY DIRECTOR
BRITISH · SCOTLAND · Age 54
Also on 8 other boards
Persons with Significant Control
Modulr Holdings Limited
Scale Space, 58, Wood Lane, London, W12 7RZ
Reg: 09895588 · The Register Of Companies For England And Wales · Private Limited Company
Notified 15/11/2024
Former PSCs
Henry Michael Arnold
Ceased 15/11/2024
Joseph Gabriel Lines
Ceased 15/11/2024
CompanyRankvs 34588+ SIC 62012 peers45
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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 31/12/2023
Net Worth
-£2k
Balance sheet strength
Cash
£474k
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£507k
Current Liabilities
£512k
Fixed Assets
£3k
Debtors
£33k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.99 | -£64k |
| 2022 | 1.20 | -£528k |
| 2021 | 19.82 | — |
Derived from filed accounts. Not audited figures.