paymax limited
paymax limited Company Information
Company Number
08786328
Next Accounts
Sep 2025
Shareholders
fl capital holdings limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
the meeting house, little mount sion, tunbridge wells, TN1 1YS
Website
www.maxipay.co.ukpaymax limited Estimated Valuation
Pomanda estimates the enterprise value of PAYMAX LIMITED at £11.9m based on a Turnover of £23.8m and 0.5x industry multiple (adjusted for size and gross margin).
paymax limited Estimated Valuation
Pomanda estimates the enterprise value of PAYMAX LIMITED at £2.3m based on an EBITDA of £633.8k and a 3.59x industry multiple (adjusted for size and gross margin).
paymax limited Estimated Valuation
Pomanda estimates the enterprise value of PAYMAX LIMITED at £1.9m based on Net Assets of £842.6k and 2.3x industry multiple (adjusted for liquidity).
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Paymax Limited Overview
Paymax Limited is a live company located in tunbridge wells, TN1 1YS with a Companies House number of 08786328. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2013, it's largest shareholder is fl capital holdings limited with a 100% stake. Paymax Limited is a established, large sized company, Pomanda has estimated its turnover at £23.8m with unknown growth in recent years.
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Paymax Limited Health Check
Pomanda's financial health check has awarded Paymax Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £23.8m, make it larger than the average company (£4.8m)
£23.8m - Paymax Limited
£4.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Paymax Limited
- - Industry AVG
Production
with a gross margin of 4.8%, this company has a higher cost of product (38.1%)
4.8% - Paymax Limited
38.1% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (5.7%)
2.7% - Paymax Limited
5.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (27)
5 - Paymax Limited
27 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- Paymax Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £4.8m, this is more efficient (£171.5k)
£4.8m - Paymax Limited
£171.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Paymax Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Paymax Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Paymax Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (22 weeks)
6 weeks - Paymax Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.7%, this is a higher level of debt than the average (62.5%)
70.7% - Paymax Limited
62.5% - Industry AVG
PAYMAX LIMITED financials
Paymax Limited's latest turnover from December 2023 is £23.8 million and the company has net assets of £842.6 thousand. According to their latest financial statements, Paymax Limited has 5 employees and maintains cash reserves of £239.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,795,024 | 33,367,793 | 21,348,674 | 11,965,636 | 14,035,772 | 14,196,564 | 16,556,916 | 12,102,763 | 721,689 | 252,974 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 22,651,026 | 31,757,164 | 20,425,452 | 11,778,258 | 13,342,235 | 13,511,926 | 15,861,786 | 11,522,772 | 353,719 | 98,324 |
| Gross Profit | 1,143,998 | 1,610,629 | 923,222 | 187,378 | 693,537 | 684,638 | 695,130 | 579,991 | 367,970 | 154,650 |
| Admin Expenses | 510,239 | 785,233 | 399,799 | -126,194 | 314,256 | 298,685 | 434,482 | 552,294 | 318,508 | 138,748 |
| Operating Profit | 633,759 | 825,396 | 523,423 | 313,572 | 379,281 | 385,953 | 260,648 | 27,697 | 49,462 | 15,902 |
| Interest Payable | 719 | 116 | 31 | |||||||
| Interest Receivable | 9,702 | 4,686 | 42 | 53 | 400 | 283 | 197 | 12 | ||
| Pre-Tax Profit | 642,742 | 830,082 | 523,349 | 313,594 | 379,681 | 386,236 | 260,845 | 27,709 | 49,462 | 15,902 |
| Tax | -150,887 | -157,836 | -99,636 | -59,521 | -72,366 | -73,000 | -50,213 | -5,542 | -9,949 | -3,180 |
| Profit After Tax | 491,855 | 672,246 | 423,713 | 254,073 | 307,315 | 313,236 | 210,632 | 22,167 | 39,513 | 12,722 |
| Dividends Paid | 900,000 | 150,000 | 530,000 | 300,000 | 25,000 | |||||
| Retained Profit | 491,855 | -227,754 | 273,713 | -275,927 | 7,315 | 313,236 | 210,632 | -2,833 | 39,513 | 12,722 |
| Employee Costs | 96,934 | |||||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 35 | 25 |
| EBITDA* | 633,759 | 825,396 | 523,423 | 313,572 | 379,281 | 385,953 | 260,648 | 27,697 | 49,462 | 15,902 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | ||||||||||
| Stock & work in progress | ||||||||||
| Trade Debtors | 2,480 | 12,573 | 926 | 4,303 | ||||||
| Group Debtors | 2,252,704 | 10,905 | 835,231 | 552,917 | 474,147 | 574,283 | 967,074 | 607,263 | 44,054 | |
| Misc Debtors | 381,415 | 553,128 | 643,410 | 285,569 | 216,435 | 240,365 | 249,200 | 262,541 | 30,700 | 9,171 |
| Cash | 239,438 | 2,934,339 | 631,381 | 426,248 | 598,853 | 634,720 | 667,666 | 298,836 | 62,282 | 77,521 |
| misc current assets | ||||||||||
| total current assets | 2,873,557 | 3,498,372 | 2,112,502 | 1,277,307 | 1,290,361 | 1,449,368 | 1,883,940 | 1,168,640 | 137,036 | 90,995 |
| total assets | 2,873,557 | 3,498,372 | 2,112,502 | 1,277,307 | 1,290,361 | 1,449,368 | 1,883,940 | 1,168,640 | 137,036 | 90,995 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 17,685 | |||||||||
| Group/Directors Accounts | 1,050,568 | 2,053,118 | 104,185 | 127,020 | 46,000 | 72,072 | 893,292 | 278,082 | 21,950 | |
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 980,417 | 1,094,537 | 1,429,846 | 845,529 | 663,676 | 803,926 | 730,514 | 841,056 | 62,751 | 60,488 |
| total current liabilities | 2,030,985 | 3,147,655 | 1,534,031 | 972,549 | 709,676 | 875,998 | 1,623,806 | 1,119,138 | 84,701 | 78,173 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 2,030,985 | 3,147,655 | 1,534,031 | 972,549 | 709,676 | 875,998 | 1,623,806 | 1,119,138 | 84,701 | 78,173 |
| net assets | 842,572 | 350,717 | 578,471 | 304,758 | 580,685 | 573,370 | 260,134 | 49,502 | 52,335 | 12,822 |
| total shareholders funds | 842,572 | 350,717 | 578,471 | 304,758 | 580,685 | 573,370 | 260,134 | 49,502 | 52,335 | 12,822 |
| Dec 2023 | Dec 2022 | Dec 2021 | Jan 2021 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 633,759 | 825,396 | 523,423 | 313,572 | 379,281 | 385,953 | 260,648 | 27,697 | 49,462 | 15,902 |
| Depreciation | ||||||||||
| Amortisation | ||||||||||
| Tax | -150,887 | -157,836 | -99,636 | -59,521 | -72,366 | -73,000 | -50,213 | -5,542 | -9,949 | -3,180 |
| Stock | ||||||||||
| Debtors | 2,070,086 | -917,088 | 1,481,121 | 851,059 | -123,140 | -401,626 | 346,470 | 856,330 | 61,280 | 13,474 |
| Creditors | -17,685 | -17,685 | 17,685 | |||||||
| Accruals and Deferred Income | -114,120 | -335,309 | 1,429,846 | 845,529 | -140,250 | 73,412 | -110,542 | 780,568 | 2,263 | 60,488 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -1,701,334 | 1,249,339 | 372,512 | 248,521 | 289,805 | 787,991 | -246,577 | -71,292 | -37,189 | 77,421 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -1,002,550 | 1,948,933 | 104,185 | 127,020 | -26,072 | -821,220 | 615,210 | 278,082 | 21,950 | |
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | 8,983 | 4,686 | -74 | 22 | 400 | 283 | 197 | 12 | ||
| cash flow from financing | -993,567 | 1,953,619 | 408,869 | 707,727 | -25,672 | -820,937 | 615,407 | 317,607 | 21,950 | 100 |
| cash and cash equivalents | ||||||||||
| cash | -2,694,901 | 2,302,958 | 631,381 | 426,248 | -35,867 | -32,946 | 368,830 | 221,315 | -15,239 | 77,521 |
| overdraft | ||||||||||
| change in cash | -2,694,901 | 2,302,958 | 631,381 | 426,248 | -35,867 | -32,946 | 368,830 | 221,315 | -15,239 | 77,521 |
paymax limited Credit Report and Business Information
Paymax Limited Competitor Analysis
Perform a competitor analysis for paymax limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in TN1 area or any other competitors across 12 key performance metrics.
paymax limited Ownership
PAYMAX LIMITED group structure
Paymax Limited has no subsidiary companies.
paymax limited directors
Paymax Limited currently has 4 directors. The longest serving directors include Mr Timothy Monks (Dec 2014) and Mr Simon Bailey (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Monks | England | 79 years | Dec 2014 | - | Director |
| Mr Simon Bailey | England | 62 years | Oct 2015 | - | Director |
| Mr Michael Tankard | United Kingdom | 42 years | Oct 2015 | - | Director |
| Miss Louise Taylor | United Kingdom | 44 years | Dec 2016 | - | Director |
P&L
December 2023turnover
23.8m
-29%
operating profit
633.8k
-23%
gross margin
4.9%
-0.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
842.6k
+1.4%
total assets
2.9m
-0.18%
cash
239.4k
-0.92%
net assets
Total assets minus all liabilities
paymax limited company details
company number
08786328
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
teachers umbrella limited (February 2016)
accountant
-
auditor
KRESTON REEVES LLP
address
the meeting house, little mount sion, tunbridge wells, TN1 1YS
Bank
-
Legal Advisor
-
paymax 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 paymax limited.
paymax 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.
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paymax limited Companies House Filings - See Documents
| date | description | view/download |
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