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Naga Pay Uk Ltd

13233311

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

RUBIS HOUSE 15 FRIARN STREET, BRIDGWATER, TA6 3LH
Incorporated 27/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
64999
Other financial service activities

Officers

Mr. Michalis Mylonas

director · Since 27/02/2021

ENTREPRENEUR AND DIRECTOR

CYPRIOT · CYPRUS · Age 49

Also on 1 other board

CompanyRankvs 48336+ SIC 62090 peers
23

Financial strength36th percentile among SIC peers · 9/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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48336Naga Pay Uk Ltd
33
How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2025

Net Worth

£100

Balance sheet strength

Cash

£7k

Cash in the bank

Profit Before Tax

-£127k

Bottom line earnings

Net Current Assets

-£480k

Working capital

Current Assets

£7k

Current Liabilities

£488k

Cost of Sales

£144

Gross Profit

-£144

Admin Expenses

£127k

Profit After Tax

-£127k

0avg. employees

Balance Sheet

Intangible assets£3k
Assets less current liabilities-£477k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.01
20250.01
20240.12
20230.12

Derived from filed accounts. Not audited figures.