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Pay2day Ltd

12975674

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

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 26/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Samir Pankaj Doshi

director · Since 26/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Samir Pankaj Doshi

75–100% shares

British · United Kingdom · Age 48

Amba House, 2nd Floor Krish Suite, 15 College Road, Harrow, HA1 1BA

Notified 26/10/2020

CompanyRankvs 5022+ SIC 64999 peers
71

Financial strength80th percentile among SIC peers · 20/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.09× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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5022Pay2day Ltd
70
How is this score calculated?
Financial strength20/25 pts

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

Employees10/15 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 31/10/2024

Net Worth

£121k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£100k

Working capital

Current Assets

£191k

Current Liabilities

£92k

Fixed Assets

£26k

2avg. employees

Balance Sheet

Assets less current liabilities£126k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.09+£33k
20232.35+£30k
20221.76—
20211.19—

Derived from filed accounts. Not audited figures.