The Payments Practice Limited
13599789
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/09/2021
ACCOUNTANT
BRITISH · ENGLAND · Age 56
Also on 11 other boards
Persons with Significant Control
Mr Anthony James Quirke
British · England · Age 56
6, Woodhall Gate, Pinner, HA5 4TL
Notified 02/09/2021
Former PSCs
Mrs Emma Quirke
Ceased 15/07/2023
CompanyRankvs 177751+ SIC 70229 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£34k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£34k
Working capital
Current Assets
£15k
Current Liabilities
£49k
Fixed Assets
£5k
Debtors
£11k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.31 | -£94k |
| 2023 | 3.00 | -£181k |
| 2022 | 3.08 | — |
Derived from filed accounts. Not audited figures.