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Solent Pay Limited

13347651

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

SUITE 4, WARWICK HOUSE BEACON BOTTOM, SOUTHAMPTON, SO31 7GQ
Incorporated 20/04/2021

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/05/2026

Due 16/05/2027

On track

Industry

96090
Other personal service activities

Officers

Mr Sam Bestall

director · Since 20/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 6 other boards

Mr Julian Francis King

director · Since 07/11/2024

DIRECTOR

IRISH · ENGLAND · Age 41

Also on 4 other boards

Persons with Significant Control

Konnect Group Holdings Ltd

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

Fairways House, Mount Pleasant Road, Southampton, SO14 0QB

Reg: 12061295 · Companies House · Limited Company

Notified 20/04/2021

CompanyRankvs 80889+ SIC 96090 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£165k

Balance sheet strength

Cash

£324k

Cash in the bank

Net Current Assets

-£176k

Working capital

Current Assets

£351k

Current Liabilities

£527k

Fixed Assets

£11k

Debtors

£27k

4avg. employees

Tax at Year End(2023)

VAT£412k

Balance Sheet

Assets less current liabilities-£165k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.67-£5k
20240.70
20230.95£8.2M
20220.86£2.0M

Derived from filed accounts. Not audited figures.