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Payroll Efficient Ltd

13509328

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

42A GREAT BRIDGE STREET, WEST BROMWICH, B70 0BN
Incorporated 13/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82110
Combined office administrative service activities

Officers

Mr Mohammed Asif Khalid

director · Since 13/07/2021

ACCOUNTANT

BRITISH · ENGLAND · Age 53

Ms Farhana Yusuf Rasheed

director · Since 13/07/2021

ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Mr Mohammed Asif Khalid

25–50% shares
25–50% votes

British · England · Age 53

42a, Great Bridge Street, West Bromwich, B70 0BN

Notified 13/07/2021

Ms Farhana Rasheed

25–50% shares
25–50% votes
Appoint directors

British · England · Age 59

148, Erdington Hall Road, Birmingham, B24 8JD

Notified 13/07/2021

CompanyRankvs 1444+ SIC 82110 peers
71

Financial strength72th percentile among SIC peers · 18/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.41× · 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 strength18/25 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.

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 31/07/2025

Net Worth

£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£30k

Current Liabilities

£7k

3avg. employees

Balance Sheet

Assets less current liabilities£24k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.41+£21k
20240.86-£15k
20231.26—
20221.00—

Derived from filed accounts. Not audited figures.