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Prime Payroll Services Ltd

15408381

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

43 LAVENDER WAY, NEWPORT, NP10 9BA
Incorporated 12/01/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69202
Bookkeeping activities
82110
Combined office administrative service activities

Officers

Mr Ersan Cuha

director · Since 12/01/2024

COMPANY DIRECTOR

TURKISH · UNITED KINGDOM · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Ersan Cuha

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

Turkish · United Kingdom · Age 48

43, Lavender Way, Newport, NP10 9BA

Notified 12/01/2024

CompanyRankvs 12116+ SIC 69202 peers
51

Financial strength63th percentile among SIC peers · 16/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.92× · 16/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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

£6k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£13k

Current Liabilities

£7k

Debtors

£12k

-2avg. employees
Prepared with v2024.55.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent Ratio
20241.92

Derived from filed accounts. Not audited figures.