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Future Payroll Ltd

15194046

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

LINLEY HOUSE, MANCHESTER, M1 4LF
Incorporated 06/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities
96090
Other personal service activities

Officers

Mr Marc Edwards

director · Since 06/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Marc Edwards

75–100% shares
75–100% votes

British · United Kingdom · Age 44

38, Maple Avenue, Whitefield, M45 7EP

Notified 06/10/2023

CompanyRankvs 15988+ SIC 78200 peers
25

Financial strength7th percentile among SIC peers · 2/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.36× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 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 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 31/10/2024

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£10k

Current Liabilities

£29k

0avg. employees

Balance Sheet

Assets less current liabilities-£19k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.36

Derived from filed accounts. Not audited figures.