the payroll shop limited
the payroll shop limited Company Information
Company Number
05903857
Next Accounts
Dec 2025
Industry
General public administration activities
Directors
Shareholders
david rushe
andrew leslie davis
Group Structure
View All
Contact
Registered Address
kingsnorth house blenheim way, birmingham, west midlands, B44 8LS
Website
www.thepayrollshop.co.ukthe payroll shop limited Estimated Valuation
Pomanda estimates the enterprise value of THE PAYROLL SHOP LIMITED at £183.1k based on a Turnover of £450.9k and 0.41x industry multiple (adjusted for size and gross margin).
the payroll shop limited Estimated Valuation
Pomanda estimates the enterprise value of THE PAYROLL SHOP LIMITED at £0 based on an EBITDA of £-4.3k and a 2.49x industry multiple (adjusted for size and gross margin).
the payroll shop limited Estimated Valuation
Pomanda estimates the enterprise value of THE PAYROLL SHOP LIMITED at £213.7k based on Net Assets of £91.3k and 2.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Payroll Shop Limited Overview
The Payroll Shop Limited is a live company located in west midlands, B44 8LS with a Companies House number of 05903857. It operates in the general public administration activities sector, SIC Code 84110. Founded in August 2006, it's largest shareholder is david rushe with a 85% stake. The Payroll Shop Limited is a established, micro sized company, Pomanda has estimated its turnover at £450.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Payroll Shop Limited Health Check
Pomanda's financial health check has awarded The Payroll Shop Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £450.9k, make it smaller than the average company (£1.4m)
- The Payroll Shop Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.7%)
- The Payroll Shop Limited
4.7% - Industry AVG
Production
with a gross margin of 5.1%, this company has a higher cost of product (19.2%)
- The Payroll Shop Limited
19.2% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (0.4%)
- The Payroll Shop Limited
0.4% - Industry AVG
Employees
with 6 employees, this is below the industry average (26)
6 - The Payroll Shop Limited
26 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- The Payroll Shop Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £75.1k, this is equally as efficient (£88k)
- The Payroll Shop Limited
£88k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (17 days)
- The Payroll Shop Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (27 days)
- The Payroll Shop Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Payroll Shop Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Payroll Shop Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.1%, this is a lower level of debt than the average (44.5%)
20.1% - The Payroll Shop Limited
44.5% - Industry AVG
THE PAYROLL SHOP LIMITED financials
The Payroll Shop Limited's latest turnover from March 2024 is estimated at £450.9 thousand and the company has net assets of £91.3 thousand. According to their latest financial statements, The Payroll Shop Limited has 6 employees and maintains cash reserves of 0 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 | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 6 | 7 | 8 | 8 | 8 | 8 | 4 | 3 | |||||||
| EBITDA* |
* 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 | 1,713 | 2,284 | 2,296 | 3,060 | 2,225 | 2,967 | 1,395 | 786 | 910 | 1,027 | 957 | 1,270 | 1,284 | 465 | 401 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,713 | 2,284 | 2,296 | 3,060 | 2,225 | 2,967 | 1,395 | 786 | 910 | 1,027 | 957 | 1,270 | 1,284 | 465 | 401 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 110,340 | 116,233 | 109,407 | 133,782 | 75,875 | 52,775 | 45,680 | 41,294 | 24,271 | 20,002 | 13,345 | 8,270 | 6,177 | 4,265 | 3,813 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,196 | 0 | 500 | 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,023 | 36,391 | 36,845 | 24,727 | 17,645 | 9,729 | 8,227 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 112,536 | 116,233 | 109,907 | 134,282 | 75,875 | 52,775 | 45,680 | 41,294 | 61,294 | 56,393 | 50,190 | 32,997 | 23,822 | 13,994 | 12,040 |
| total assets | 114,249 | 118,517 | 112,203 | 137,342 | 78,100 | 55,742 | 47,075 | 42,080 | 62,204 | 57,420 | 51,147 | 34,267 | 25,106 | 14,459 | 12,441 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,923 | 22,909 | 24,194 | 65,574 | 32,138 | 24,594 | 23,121 | 21,176 | 22,494 | 17,181 | 13,325 | 10,358 | 8,892 | 7,201 | 6,995 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 22,923 | 22,909 | 24,194 | 65,574 | 32,138 | 24,594 | 23,121 | 21,176 | 22,494 | 17,181 | 13,325 | 10,358 | 8,892 | 7,201 | 6,995 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 22,923 | 22,909 | 24,194 | 65,574 | 32,138 | 24,594 | 23,121 | 21,176 | 22,494 | 17,181 | 13,325 | 10,358 | 8,892 | 7,201 | 6,995 |
| net assets | 91,326 | 95,608 | 88,009 | 71,768 | 45,962 | 31,148 | 23,954 | 20,904 | 39,710 | 40,239 | 37,822 | 23,909 | 16,214 | 7,258 | 5,446 |
| total shareholders funds | 91,326 | 95,608 | 88,009 | 71,768 | 45,962 | 31,148 | 23,954 | 20,904 | 39,710 | 40,239 | 37,822 | 23,909 | 16,214 | 7,258 | 5,446 |
| 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 | |||||||||||||||
| Depreciation | 257 | 343 | 313 | 4,123 | 344 | 177 | 135 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,697 | 6,326 | -24,375 | 58,407 | 23,100 | 7,095 | 4,386 | 17,023 | 4,269 | 6,657 | 5,075 | 2,093 | 1,912 | 452 | 3,813 |
| Creditors | 14 | -1,285 | -41,380 | 33,436 | 7,544 | 1,473 | 1,945 | -1,318 | 5,313 | 3,856 | 2,967 | 1,466 | 1,691 | 206 | 6,995 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37,023 | 632 | -454 | 12,118 | 7,082 | 7,916 | 1,502 | 8,227 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37,023 | 632 | -454 | 12,118 | 7,082 | 7,916 | 1,502 | 8,227 |
the payroll shop limited Credit Report and Business Information
The Payroll Shop Limited Competitor Analysis
Perform a competitor analysis for the payroll shop limited by selecting its closest rivals, whether from the PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY SOCIAL SECURITY sector, other micro companies, companies in B44 area or any other competitors across 12 key performance metrics.
the payroll shop limited Ownership
THE PAYROLL SHOP LIMITED group structure
The Payroll Shop Limited has no subsidiary companies.
Ultimate parent company
THE PAYROLL SHOP LIMITED
05903857
the payroll shop limited directors
The Payroll Shop Limited currently has 1 director, Mr David Rushe serving since Aug 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Rushe | 47 years | Aug 2006 | - | Director |
P&L
March 2024turnover
450.9k
-6%
operating profit
-4.3k
0%
gross margin
5.1%
-20.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
91.3k
-0.04%
total assets
114.2k
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
the payroll shop limited company details
company number
05903857
Type
Private limited with Share Capital
industry
84110 - General public administration activities
incorporation date
August 2006
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
kingsnorth house blenheim way, birmingham, west midlands, B44 8LS
Bank
-
Legal Advisor
-
the payroll shop 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 the payroll shop limited.
the payroll shop 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 THE PAYROLL SHOP LIMITED. This can take several minutes, an email will notify you when this has completed.
the payroll shop limited Companies House Filings - See Documents
| date | description | view/download |
|---|
