paypoint collections limited
paypoint collections limited Company Information
Company Number
03581551
Next Accounts
Dec 2025
Shareholders
paypoint plc
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
1 the boulevard, shire park, welwyn garden city, hertfordshire, AL7 1EL
Website
www.paypoint.co.ukpaypoint collections limited Estimated Valuation
Pomanda estimates the enterprise value of PAYPOINT COLLECTIONS LIMITED at £28.8m based on a Turnover of £26.1m and 1.1x industry multiple (adjusted for size and gross margin).
paypoint collections limited Estimated Valuation
Pomanda estimates the enterprise value of PAYPOINT COLLECTIONS LIMITED at £99m based on an EBITDA of £12.3m and a 8.06x industry multiple (adjusted for size and gross margin).
paypoint collections limited Estimated Valuation
Pomanda estimates the enterprise value of PAYPOINT COLLECTIONS LIMITED at £12.6m based on Net Assets of £5.9m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Paypoint Collections Limited Overview
Paypoint Collections Limited is a live company located in welwyn garden city, AL7 1EL with a Companies House number of 03581551. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 1998, it's largest shareholder is paypoint plc with a 100% stake. Paypoint Collections Limited is a mature, large sized company, Pomanda has estimated its turnover at £26.1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Paypoint Collections Limited Health Check
Pomanda's financial health check has awarded Paypoint Collections Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £26.1m, make it larger than the average company (£3.7m)
£26.1m - Paypoint Collections Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.3%)
-7% - Paypoint Collections Limited
8.3% - Industry AVG
Production
with a gross margin of 55.7%, this company has a lower cost of product (38.1%)
55.7% - Paypoint Collections Limited
38.1% - Industry AVG
Profitability
an operating margin of 47% make it more profitable than the average company (5.7%)
47% - Paypoint Collections Limited
5.7% - Industry AVG
Employees
with 179 employees, this is above the industry average (22)
- Paypoint Collections Limited
22 - Industry AVG
Pay Structure
on an average salary of £4.9k, the company has a lower pay structure (£46.5k)
- Paypoint Collections Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £146k, this is equally as efficient (£146k)
- Paypoint Collections Limited
£146k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (36 days)
21 days - Paypoint Collections Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (33 days)
67 days - Paypoint Collections Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Paypoint Collections Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (26 weeks)
10 weeks - Paypoint Collections Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (58.7%)
95.1% - Paypoint Collections Limited
58.7% - Industry AVG
PAYPOINT COLLECTIONS LIMITED financials
Paypoint Collections Limited's latest turnover from March 2024 is £26.1 million and the company has net assets of £5.9 million. According to their latest financial statements, we estimate that Paypoint Collections Limited has 179 employees and maintains cash reserves of £23.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 26,126,000 | 29,020,000 | 28,521,000 | 32,745,000 | 46,240,217 | 50,025,735 | 53,158,073 | 55,866,230 | 61,703,482 | 65,970,706 | 65,838,859 | 67,914,179 | 67,563,355 | 69,359,940 | 70,431,986 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 11,573,000 | 13,133,000 | 13,676,000 | 16,800,000 | 21,856,662 | 24,081,386 | 26,644,428 | 30,588,695 | 34,577,931 | 42,335,065 | 46,213,097 | 53,052,448 | 54,392,542 | 56,676,386 | 58,895,843 |
| Gross Profit | 14,553,000 | 15,887,000 | 14,845,000 | 15,945,000 | 24,383,555 | 25,944,349 | 26,513,645 | 25,277,535 | 27,125,551 | 23,635,641 | 19,625,762 | 14,861,731 | 13,170,813 | 12,683,554 | 11,536,143 |
| Admin Expenses | 2,276,000 | 3,307,000 | 2,699,000 | 1,092,000 | 1,239,847 | 1,422,713 | 1,521,795 | 1,333,422 | 1,404,729 | 1,529,532 | 1,514,655 | 1,074,610 | 874,091 | 2,764,097 | 4,573,246 |
| Operating Profit | 12,277,000 | 12,580,000 | 12,146,000 | 14,853,000 | 23,143,708 | 24,521,636 | 24,991,850 | 23,944,113 | 25,720,822 | 22,106,109 | 18,111,107 | 13,787,121 | 12,296,722 | 9,919,457 | 6,962,897 |
| Interest Payable | 91,000 | 8,000 | 4,000 | 302 | 264,990 | 610,303 | 800,605 | 639,964 | 867,408 | 802,634 | 100,348 | 70,370 | 7,305 | ||
| Interest Receivable | 1,381,000 | 1,135,000 | 298,000 | 187,000 | 262,118 | 826,925 | 1,323,191 | 1,904,344 | 2,903,170 | 2,685,481 | 2,081,685 | 1,267,001 | 1,101,838 | 560,309 | 341,755 |
| Pre-Tax Profit | 13,567,000 | 13,707,000 | 12,440,000 | 15,195,000 | 23,512,062 | 25,348,259 | 26,050,051 | 25,238,154 | 27,823,387 | 24,151,626 | 19,325,384 | 14,251,488 | 13,298,212 | 10,409,396 | 7,297,347 |
| Tax | -3,392,000 | -2,046,000 | -612,000 | -1,751,000 | -4,465,945 | -4,816,129 | -4,950,163 | -5,047,480 | -5,567,591 | -5,057,695 | -4,461,509 | -3,403,518 | -3,456,559 | -2,917,096 | -2,046,079 |
| Profit After Tax | 10,175,000 | 11,661,000 | 11,828,000 | 13,444,000 | 19,046,117 | 20,532,130 | 21,099,888 | 20,190,674 | 22,255,796 | 19,093,931 | 14,863,875 | 10,847,970 | 9,841,653 | 7,492,300 | 5,251,268 |
| Dividends Paid | 28,000,000 | 6,000,000 | 13,000,000 | 19,000,000 | 26,128,318 | 30,000,000 | 22,600,000 | 45,500,000 | 10,940,152 | 15,000,000 | 2,700,000 | ||||
| Retained Profit | -17,825,000 | 5,661,000 | 11,828,000 | 444,000 | 46,117 | -5,596,188 | -8,900,112 | -2,409,326 | -23,244,204 | 8,153,779 | 14,863,875 | 10,847,970 | -5,158,347 | 7,492,300 | 2,551,268 |
| Employee Costs | 882,000 | 791,000 | 770,000 | 705,000 | 719,758 | 821,745 | 830,403 | 652,019 | 769,194 | 744,041 | 572,697 | 492,137 | 420,063 | 2,227,786 | 3,704,721 |
| Number Of Employees | 22 | 23 | 21 | 25 | 25 | 25 | 22 | 19 | 16 | 50 | 73 | ||||
| EBITDA* | 12,277,000 | 12,580,000 | 12,146,000 | 14,853,000 | 23,143,708 | 24,521,636 | 24,991,850 | 23,944,113 | 25,720,822 | 22,106,109 | 18,114,107 | 13,792,689 | 12,302,290 | 9,922,025 | 6,962,897 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,000 | 18,000 | 22,534 | 12,171 | 11,864 | 14,303 | 15,660 | 20,053 | 96,981 | 81,126 | 21,199 | 16,517 | 1,557 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | ||||
| Debtors (Due After 1 year) | 7,000 | 8,000 | 10,000 | 9,000 | 11,232 | ||||||||||
| Total Fixed Assets | 7,000 | 8,000 | 10,000 | 9,000 | 11,302 | 12,171 | 11,864 | 14,303 | 15,660 | 20,053 | 96,981 | 81,126 | 21,199 | 16,517 | 1,557 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,537,000 | 1,127,000 | 1,873,000 | 2,445,000 | 2,886,499 | 4,157,719 | 3,864,255 | 72,626,911 | 82,022,155 | 138,283,526 | 137,010,966 | 174,927,642 | 100,238,127 | 3,700,534 | 4,516,654 |
| Group Debtors | 10,295,000 | 24,245,000 | 17,575,000 | 4,122,000 | 9,116,533 | 10,011,111 | 8,196,732 | 27,510,374 | 47,467,323 | 49,375,198 | 43,594,689 | 14,511,721 | 8,806,042 | 13,587,544 | 6,088,425 |
| Misc Debtors | 84,030,000 | 48,280,000 | 55,546,000 | 47,851,000 | 74,382,566 | 97,367,452 | 122,851,978 | 586,236 | 516,433 | 1,242,564 | 1,803,974 | 285,099 | 10,447 | 254,458 | 267,801 |
| Cash | 23,883,000 | 19,461,000 | 17,976,000 | 29,881,000 | 22,714,407 | 18,629,629 | 13,980,348 | 16,169,017 | 35,031,041 | 13,330,884 | 12,646,835 | 17,266,431 | 9,022,236 | 7,043,902 | 6,774,482 |
| misc current assets | |||||||||||||||
| total current assets | 119,745,000 | 93,113,000 | 94,008,000 | 85,950,000 | 109,100,005 | 130,165,911 | 148,893,313 | 116,892,538 | 165,036,952 | 202,232,172 | 195,056,464 | 206,990,893 | 118,076,852 | 24,586,438 | 17,647,362 |
| total assets | 119,752,000 | 93,121,000 | 94,018,000 | 85,959,000 | 109,111,307 | 130,178,082 | 148,905,177 | 116,906,841 | 165,052,612 | 202,252,225 | 195,153,445 | 207,072,019 | 118,098,051 | 24,602,955 | 17,648,919 |
| Bank overdraft | 1,388,082 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,154,000 | 1,982,000 | 1,895,000 | 1,943,000 | 2,525,751 | 1,088,059 | 1,198,637 | 638,861 | 793,932 | 1,895,082 | 142,556,250 | 181,065,473 | 104,547,855 | 6,341,011 | 6,576,258 |
| Group/Directors Accounts | 26,014,000 | 18,197,000 | |||||||||||||
| other short term finances | 20,096,514 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 85,671,000 | 49,204,000 | 74,046,000 | 77,767,000 | 80,683,766 | 121,942,782 | 136,351,193 | 96,012,521 | 141,593,895 | 154,448,154 | 14,841,985 | 3,115,211 | 1,506,831 | 1,060,232 | 1,363,249 |
| total current liabilities | 113,839,000 | 69,383,000 | 75,941,000 | 79,710,000 | 103,306,031 | 124,418,923 | 137,549,830 | 96,651,382 | 142,387,827 | 156,343,236 | 157,398,235 | 184,180,684 | 106,054,686 | 7,401,243 | 7,939,507 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 113,839,000 | 69,383,000 | 75,941,000 | 79,710,000 | 103,306,031 | 124,418,923 | 137,549,830 | 96,651,382 | 142,387,827 | 156,343,236 | 157,398,235 | 184,180,684 | 106,054,686 | 7,401,243 | 7,939,507 |
| net assets | 5,913,000 | 23,738,000 | 18,077,000 | 6,249,000 | 5,805,276 | 5,759,159 | 11,355,347 | 20,255,459 | 22,664,785 | 45,908,989 | 37,755,210 | 22,891,335 | 12,043,365 | 17,201,712 | 9,709,412 |
| total shareholders funds | 5,913,000 | 23,738,000 | 18,077,000 | 6,249,000 | 5,805,276 | 5,759,159 | 11,355,347 | 20,255,459 | 22,664,785 | 45,908,989 | 37,755,210 | 22,891,335 | 12,043,365 | 17,201,712 | 9,709,412 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 12,277,000 | 12,580,000 | 12,146,000 | 14,853,000 | 23,143,708 | 24,521,636 | 24,991,850 | 23,944,113 | 25,720,822 | 22,106,109 | 18,111,107 | 13,787,121 | 12,296,722 | 9,919,457 | 6,962,897 |
| Depreciation | 3,000 | 5,568 | 5,568 | 2,568 | |||||||||||
| Amortisation | |||||||||||||||
| Tax | -3,392,000 | -2,046,000 | -612,000 | -1,751,000 | -4,465,945 | -4,816,129 | -4,950,163 | -5,047,480 | -5,567,591 | -5,057,695 | -4,461,509 | -3,403,518 | -3,456,559 | -2,917,096 | -2,046,079 |
| Stock | |||||||||||||||
| Debtors | 22,209,000 | -1,344,000 | 20,577,000 | -31,969,830 | -25,139,452 | -23,376,683 | 34,189,444 | -29,282,390 | -58,895,377 | 6,491,659 | -7,314,833 | 80,669,846 | 91,512,080 | 6,669,656 | 10,872,880 |
| Creditors | 172,000 | 87,000 | -48,000 | -582,751 | 1,437,692 | -110,578 | 559,776 | -155,071 | -1,101,150 | -140,661,168 | -38,509,223 | 76,517,618 | 98,206,844 | -235,247 | 6,576,258 |
| Accruals and Deferred Income | 36,467,000 | -24,842,000 | -3,721,000 | -2,916,766 | -41,259,016 | -14,408,411 | 40,338,672 | -45,581,374 | -12,854,259 | 139,606,169 | 11,726,774 | 1,608,380 | 446,599 | -303,017 | 1,363,249 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 23,315,000 | -12,877,000 | -12,812,000 | 41,572,313 | 3,995,891 | 28,563,201 | 26,750,691 | 2,442,578 | 65,093,199 | 9,501,756 | -5,815,018 | 7,845,323 | 15,987,094 | -202,991 | 1,983,445 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -70 | 70 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 7,817,000 | 18,197,000 | |||||||||||||
| Other Short Term Loans | -20,096,514 | 20,096,514 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 1,290,000 | 1,127,000 | 294,000 | 187,000 | 262,118 | 826,623 | 1,058,201 | 1,294,041 | 2,102,565 | 2,045,517 | 1,214,277 | 464,367 | 1,001,490 | 489,939 | 334,450 |
| cash flow from financing | 9,107,000 | 19,324,000 | 294,000 | -19,909,790 | 20,358,632 | 826,623 | 1,058,201 | 1,294,041 | 2,102,565 | 2,045,517 | 1,214,277 | 464,367 | 1,001,490 | 489,939 | 7,492,594 |
| cash and cash equivalents | |||||||||||||||
| cash | 4,422,000 | 1,485,000 | -11,905,000 | 7,166,593 | 4,084,778 | 4,649,281 | -2,188,669 | -18,862,024 | 21,700,157 | 684,049 | -4,619,596 | 8,244,195 | 1,978,334 | 269,420 | 6,774,482 |
| overdraft | -1,388,082 | 1,388,082 | |||||||||||||
| change in cash | 4,422,000 | 1,485,000 | -11,905,000 | 7,166,593 | 5,472,860 | 3,261,199 | -2,188,669 | -18,862,024 | 21,700,157 | 684,049 | -4,619,596 | 8,244,195 | 1,978,334 | 269,420 | 6,774,482 |
paypoint collections limited Credit Report and Business Information
Paypoint Collections Limited Competitor Analysis
Perform a competitor analysis for paypoint collections limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in AL7 area or any other competitors across 12 key performance metrics.
paypoint collections limited Ownership
PAYPOINT COLLECTIONS LIMITED group structure
Paypoint Collections Limited has no subsidiary companies.
paypoint collections limited directors
Paypoint Collections Limited currently has 2 directors. The longest serving directors include Mr Nicholas Wiles (Dec 2019) and Mr David Harding (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Wiles | 63 years | Dec 2019 | - | Director | |
| Mr David Harding | 50 years | Aug 2023 | - | Director |
P&L
March 2024turnover
26.1m
-10%
operating profit
12.3m
-2%
gross margin
55.8%
+1.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.9m
-0.75%
total assets
119.8m
+0.29%
cash
23.9m
+0.23%
net assets
Total assets minus all liabilities
paypoint collections limited company details
company number
03581551
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 1998
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
yamtrade limited (August 1998)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
1 the boulevard, shire park, welwyn garden city, hertfordshire, AL7 1EL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
paypoint collections limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to paypoint collections limited.
paypoint collections limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for PAYPOINT COLLECTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
paypoint collections limited Companies House Filings - See Documents
| date | description | view/download |
|---|
