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Pay Express Ltd

13498343

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

OFFICE 18E ILFORD LANE, ILFORD, IG1 2LT
Incorporated 07/07/2021

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 10/07/2025

Due 24/07/2026

On track

Industry

69202
Bookkeeping activities
69203
Tax consultancy
82990
Other business support service activities

Officers

Mr Faheem Aslam

director · Since 10/07/2023

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 36

Persons with Significant Control

Mr Faheem Aslam

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

Pakistani · United Kingdom · Age 36

Office 18e, Ilford Lane, Ilford, IG1 2LT

Notified 10/07/2023

Former PSCs

Dr Naeem Aslam

Ceased 10/07/2023

CompanyRankvs 6748+ SIC 69202 peers
63

Financial strength85th percentile among SIC peers · 21/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.7× · 20/20
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 strength21/25 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.

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.

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 30/06/2024

Net Worth

£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£420k

Working capital

Current Assets

£575k

Current Liabilities

£155k

Fixed Assets

£1k

0avg. employees-278

Tax at Year End(2023)

Corp tax£9k

Director Loans(2023)

Company owes directors£11k

Balance Sheet

Assets less current liabilities£421k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.70+£0
20233.70+£19k
20221.63

Derived from filed accounts. Not audited figures.