payplan bespoke solutions limited
payplan bespoke solutions limited Company Information
Company Number
07079646
Next Accounts
Sep 2025
Shareholders
payplan limited
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
kempton house kempton way, dysart road, grantham, NG31 7LE
Website
payplan.compayplan bespoke solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PAYPLAN BESPOKE SOLUTIONS LIMITED at £6.5m based on a Turnover of £3.9m and 1.67x industry multiple (adjusted for size and gross margin).
payplan bespoke solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PAYPLAN BESPOKE SOLUTIONS LIMITED at £3.9m based on an EBITDA of £663.2k and a 5.88x industry multiple (adjusted for size and gross margin).
payplan bespoke solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PAYPLAN BESPOKE SOLUTIONS LIMITED at £2m based on Net Assets of £1.5m and 1.29x industry multiple (adjusted for liquidity).
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Payplan Bespoke Solutions Limited Overview
Payplan Bespoke Solutions Limited is a live company located in grantham, NG31 7LE with a Companies House number of 07079646. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 2009, it's largest shareholder is payplan limited with a 100% stake. Payplan Bespoke Solutions Limited is a established, small sized company, Pomanda has estimated its turnover at £3.9m with healthy growth in recent years.
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Payplan Bespoke Solutions Limited Health Check
Pomanda's financial health check has awarded Payplan Bespoke Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £3.9m, make it smaller than the average company (£5.5m)
£3.9m - Payplan Bespoke Solutions Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.9%)
4% - Payplan Bespoke Solutions Limited
4.9% - Industry AVG
Production
with a gross margin of 68.7%, this company has a lower cost of product (54%)
68.7% - Payplan Bespoke Solutions Limited
54% - Industry AVG
Profitability
an operating margin of 17% make it more profitable than the average company (9.1%)
17% - Payplan Bespoke Solutions Limited
9.1% - Industry AVG
Employees
with 18 employees, this is above the industry average (14)
- Payplan Bespoke Solutions Limited
14 - Industry AVG
Pay Structure
on an average salary of £82.9k, the company has an equivalent pay structure (£82.9k)
- Payplan Bespoke Solutions Limited
£82.9k - Industry AVG
Efficiency
resulting in sales per employee of £217.3k, this is equally as efficient (£223.8k)
- Payplan Bespoke Solutions Limited
£223.8k - Industry AVG
Debtor Days
it gets paid by customers after 191 days, this is later than average (33 days)
191 days - Payplan Bespoke Solutions Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (46 days)
7 days - Payplan Bespoke Solutions Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Payplan Bespoke Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (29 weeks)
2 weeks - Payplan Bespoke Solutions Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28%, this is a lower level of debt than the average (70.8%)
28% - Payplan Bespoke Solutions Limited
70.8% - Industry AVG
PAYPLAN BESPOKE SOLUTIONS LIMITED financials
Payplan Bespoke Solutions Limited's latest turnover from December 2023 is £3.9 million and the company has net assets of £1.5 million. According to their latest financial statements, we estimate that Payplan Bespoke Solutions Limited has 18 employees and maintains cash reserves of £33.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,910,851 | 3,297,178 | 3,092,420 | 3,455,546 | 3,781,130 | 4,275,154 | 4,438,137 | 4,384,711 | 5,653,610 | 5,370,128 | 6,696,531 | 4,505,144 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 1,225,619 | 960,219 | 977,016 | 1,491,687 | 1,633,939 | 1,829,406 | 1,936,098 | 1,310,111 | 1,703,695 | 750,434 | 1,040,904 | 535,289 | ||
| Gross Profit | 2,685,232 | 2,336,959 | 2,115,404 | 1,963,859 | 2,147,191 | 2,445,748 | 2,502,039 | 3,074,600 | 3,949,915 | 4,619,694 | 5,655,627 | 3,969,855 | ||
| Admin Expenses | 2,021,985 | 2,106,989 | 2,167,101 | 1,804,971 | 1,992,026 | 1,990,492 | 1,608,139 | 2,490,912 | 2,505,246 | 3,868,318 | 4,934,212 | 3,279,131 | ||
| Operating Profit | 663,247 | 229,970 | -51,697 | 158,888 | 155,165 | 455,256 | 893,900 | 583,688 | 1,444,669 | 751,376 | 721,415 | 690,724 | ||
| Interest Payable | 2,007 | 1,047 | 18 | 0 | 0 | 0 | 1,622 | 0 | 0 | 2,109 | 2,105 | 0 | ||
| Interest Receivable | 19 | 3 | 17,611 | 41,714 | 156,137 | 144,909 | 125,421 | 103,842 | 111,558 | 65,003 | 7,811 | 1,148 | ||
| Pre-Tax Profit | 661,259 | 228,926 | -34,104 | 200,602 | 311,302 | 600,165 | 1,017,699 | 687,530 | 1,556,227 | 814,270 | 727,121 | 691,872 | ||
| Tax | 5,104 | 4,354 | 3,081 | 8,083 | 0 | 0 | -255 | 7,617 | -702 | -145,741 | -169,031 | -169,493 | ||
| Profit After Tax | 666,363 | 233,280 | -31,023 | 208,685 | 311,302 | 600,165 | 1,017,444 | 695,147 | 1,555,525 | 668,529 | 558,090 | 522,379 | ||
| Dividends Paid | 0 | 0 | 4,099,964 | 0 | 0 | 0 | 0 | 1,600,000 | 250,000 | 0 | 0 | 0 | ||
| Retained Profit | 666,363 | 233,280 | -4,130,987 | 208,685 | 311,302 | 600,165 | 1,017,444 | -904,853 | 1,305,525 | 668,529 | 558,090 | 522,379 | ||
| Employee Costs | 1,408,076 | 1,552,025 | 1,477,251 | 1,292,310 | ||||||||||
| Number Of Employees | 48 | 63 | 73 | 72 | 63 | |||||||||
| EBITDA* | 663,247 | 229,970 | -51,697 | 158,888 | 155,165 | 455,256 | 893,900 | 583,688 | 1,444,669 | 751,376 | 721,415 | 690,724 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 20,622 | 15,518 | 11,164 | 8,083 | 0 | 0 | 0 | 255 | 782 | 540 | 1,140 | 2,440 | 0 | 0 |
| Total Fixed Assets | 20,622 | 15,518 | 11,164 | 8,083 | 0 | 0 | 0 | 255 | 782 | 540 | 1,140 | 2,440 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,052,837 | 1,458,378 | 863,516 | 713,673 | 730,795 | 706,500 | 363,396 | 217,887 | 0 | 0 | 0 | 0 | 238,862 | 273,938 |
| Group Debtors | 0 | 7,000 | 0 | 4,099,964 | 3,938,891 | 3,523,469 | 3,261,835 | 2,335,381 | 3,047,160 | 1,912,403 | 1,324,599 | 663,203 | 0 | 0 |
| Misc Debtors | 971 | 3,840 | 1,948 | 107 | 118 | 0 | 749 | 98,551 | 32,251 | 12,060 | 2,330 | 5,406 | 0 | 0 |
| Cash | 33,558 | 25,313 | 43,484 | 62,106 | 73,451 | 33,566 | 64,939 | 97,080 | 180,222 | 140,739 | 92,135 | 189,097 | 73,554 | 53,419 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,019 | 6,046 | 5,546 | 4,506 |
| total current assets | 2,087,366 | 1,494,531 | 908,948 | 4,875,850 | 4,743,255 | 4,263,535 | 3,690,919 | 2,748,899 | 3,259,633 | 2,065,202 | 1,429,083 | 863,752 | 317,962 | 331,863 |
| total assets | 2,107,988 | 1,510,049 | 920,112 | 4,883,933 | 4,743,255 | 4,263,535 | 3,690,919 | 2,749,154 | 3,260,415 | 2,065,742 | 1,430,223 | 866,192 | 317,962 | 331,863 |
| Bank overdraft | 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 |
| Trade Creditors | 24,383 | 16,558 | 5,251 | 108 | 0 | 4,921 | 4,064 | 180 | 14,913 | 1,514 | 5,908 | 2,693 | 234,667 | 291,654 |
| Group/Directors Accounts | 544,636 | 632,368 | 263,510 | 112,589 | 161,125 | 0 | 50 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 20,731 | 9,248 | 32,756 | 21,654 | 41,233 | 29,019 | 57,375 | 136,988 | 108,971 | 233,222 | 260,551 | 257,825 | 0 | 0 |
| total current liabilities | 589,750 | 658,174 | 301,517 | 134,351 | 202,358 | 33,940 | 61,489 | 137,168 | 123,884 | 234,736 | 266,459 | 260,518 | 234,667 | 291,654 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 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 |
| total liabilities | 589,750 | 658,174 | 301,517 | 134,351 | 202,358 | 33,940 | 61,489 | 137,168 | 123,884 | 234,736 | 266,459 | 260,518 | 234,667 | 291,654 |
| net assets | 1,518,238 | 851,875 | 618,595 | 4,749,582 | 4,540,897 | 4,229,595 | 3,629,430 | 2,611,986 | 3,136,531 | 1,831,006 | 1,163,764 | 605,674 | 83,295 | 40,209 |
| total shareholders funds | 1,518,238 | 851,875 | 618,595 | 4,749,582 | 4,540,897 | 4,229,595 | 3,629,430 | 2,611,986 | 3,136,531 | 1,831,006 | 1,163,764 | 605,674 | 83,295 | 40,209 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 663,247 | 229,970 | -51,697 | 158,888 | 155,165 | 455,256 | 893,900 | 583,688 | 1,444,669 | 751,376 | 721,415 | 690,724 | ||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 5,104 | 4,354 | 3,081 | 8,083 | 0 | 0 | -255 | 7,617 | -702 | -145,741 | -169,031 | -169,493 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 589,694 | 608,108 | -3,945,199 | 152,023 | 439,835 | 603,989 | 973,906 | -428,119 | 1,155,190 | 596,934 | 657,020 | 432,187 | -35,076 | 273,938 |
| Creditors | 7,825 | 11,307 | 5,143 | 108 | -4,921 | 857 | 3,884 | -14,733 | 13,399 | -4,394 | 3,215 | -231,974 | -56,987 | 291,654 |
| Accruals and Deferred Income | 11,483 | -23,508 | 11,102 | -19,579 | 12,214 | -28,356 | -79,613 | 28,017 | -124,251 | -27,329 | 2,726 | 257,825 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 97,965 | -385,985 | 3,912,828 | -4,523 | -277,377 | -176,232 | -155,990 | 1,032,708 | 177,925 | -23,022 | -98,695 | 114,895 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -87,732 | 368,858 | 150,921 | -48,536 | 161,125 | -50 | 50 | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,988 | -1,044 | 17,593 | 41,714 | 156,137 | 144,909 | 123,799 | 103,842 | 111,558 | 62,894 | 5,706 | 1,148 | ||
| cash flow from financing | -89,720 | 367,814 | 168,514 | -6,822 | 317,262 | 144,859 | 123,849 | 484,150 | 111,558 | 61,607 | 5,706 | 1,148 | ||
| cash and cash equivalents | ||||||||||||||
| cash | 8,245 | -18,171 | -18,622 | -11,345 | 39,885 | -31,373 | -32,141 | -83,142 | 39,483 | 48,604 | -96,962 | 115,543 | 20,135 | 53,419 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,245 | -18,171 | -18,622 | -11,345 | 39,885 | -31,373 | -32,141 | -83,142 | 39,483 | 48,604 | -96,962 | 115,543 | 20,135 | 53,419 |
payplan bespoke solutions limited Credit Report and Business Information
Payplan Bespoke Solutions Limited Competitor Analysis
Perform a competitor analysis for payplan bespoke solutions limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NG31 area or any other competitors across 12 key performance metrics.
payplan bespoke solutions limited Ownership
PAYPLAN BESPOKE SOLUTIONS LIMITED group structure
Payplan Bespoke Solutions Limited has no subsidiary companies.
Ultimate parent company
2 parents
PAYPLAN BESPOKE SOLUTIONS LIMITED
07079646
payplan bespoke solutions limited directors
Payplan Bespoke Solutions Limited currently has 3 directors. The longest serving directors include Mr Nicholas Payne (Sep 2010) and Ms Rachel Duffey (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Payne | Scotland | 47 years | Sep 2010 | - | Director |
| Ms Rachel Duffey | England | 46 years | Sep 2014 | - | Director |
| Mr John Fairhurst | England | 59 years | Sep 2014 | - | Director |
P&L
December 2023turnover
3.9m
+19%
operating profit
663.2k
+188%
gross margin
68.7%
-3.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5m
+0.78%
total assets
2.1m
+0.4%
cash
33.6k
+0.33%
net assets
Total assets minus all liabilities
payplan bespoke solutions limited company details
company number
07079646
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
November 2009
age
16
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DUNCAN & TOPLIS AUDIT LTD
address
kempton house kempton way, dysart road, grantham, NG31 7LE
Bank
-
Legal Advisor
-
payplan bespoke solutions 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 found 1 charges/mortgages relating to payplan bespoke solutions limited. Currently there are 1 open charges and 0 have been satisfied in the past.
payplan bespoke solutions 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 PAYPLAN BESPOKE SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
payplan bespoke solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
