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Payne N Gainz Ltd

15159903

activeactive proposal to strike off
ltd
wales
Companies House
Accounts overdue
Health Score
70 / 100

Some Concerns

10/30
Filing
20/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • No accounts filed in last 18 months (-5)

Details

Summit House 10 Waterside Court, Albany Street, Newport, NP20 5NT
Incorporated 23/09/2023

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

Overdue

Confirmation statement

Last: 22/09/2025

Due 06/10/2026

On track

Industry

85510
Sports and recreation education

Officers

Mrs Jessica Payne

director · Since 23/09/2023

DIRECTOR

BRITISH · WALES · Age 39

Also on 1 other board

Jessica Payne

director · Since 23/09/2023

British · Wales · Age 39

Persons with Significant Control

Mrs Jessica Payne

50–75% shares
50–75% votes
Appoint directors

British · Wales · Age 39

Summit House, 10 Waterside Court, Newport, NP20 5NT

Notified 23/09/2023

Mr Ronnie William Payne

25–50% shares
25–50% votes

British · Wales · Age 40

Summit House, 10 Waterside Court, Newport, NP20 5NT

Notified 23/09/2023

Change History

officer appointedPAYNE, Jessica
2026-08-15
statusactive
2026-08-15

Active

typeltd
2026-08-15

Private Limited Company

address line1Summit House 10 Waterside Court
2026-08-15

SUMMIT HOUSE 10 WATERSIDE COURT

post townNewport
2026-08-15

NEWPORT

CompanyRankvs 8366+ SIC 85510 peers
30

Financial strength70th percentile among SIC peers · 18/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceOne filing overdue · 5/15
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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.

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.

Longevity3/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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 30/09/2024

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£5k

Current Liabilities

£13k

Fixed Assets

£14k

0avg. employees

Balance Sheet

Assets less current liabilities£6k

EstimatesDerived

YearCurrent Ratio
20240.40

Derived from filed accounts. Not audited figures.