payresolved ltd
payresolved ltd Company Information
Company Number
10640993
Next Accounts
821 days late
Shareholders
sean aldridge
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
19 cox avenue, bournemouth, BH9 3LY
Website
-payresolved ltd Estimated Valuation
Pomanda estimates the enterprise value of PAYRESOLVED LTD at £34.4k based on a Turnover of £251.8k and 0.14x industry multiple (adjusted for size and gross margin).
payresolved ltd Estimated Valuation
Pomanda estimates the enterprise value of PAYRESOLVED LTD at £0 based on an EBITDA of £-2.7k and a 2.13x industry multiple (adjusted for size and gross margin).
payresolved ltd Estimated Valuation
Pomanda estimates the enterprise value of PAYRESOLVED LTD at £0 based on Net Assets of £-9.1k and 1.56x industry multiple (adjusted for liquidity).
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Payresolved Ltd Overview
Payresolved Ltd is a live company located in bournemouth, BH9 3LY with a Companies House number of 10640993. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in February 2017, it's largest shareholder is sean aldridge with a 100% stake. Payresolved Ltd is a young, micro sized company, Pomanda has estimated its turnover at £251.8k with high growth in recent years.
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Payresolved Ltd Health Check
Pomanda's financial health check has awarded Payresolved Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £251.8k, make it smaller than the average company (£10.5m)
- Payresolved Ltd
£10.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (-0.6%)
- Payresolved Ltd
-0.6% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (15.7%)
- Payresolved Ltd
15.7% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (1.8%)
- Payresolved Ltd
1.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (48)
2 - Payresolved Ltd
48 - Industry AVG
Pay Structure
on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)
- Payresolved Ltd
£42.1k - Industry AVG
Efficiency
resulting in sales per employee of £125.9k, this is less efficient (£213.4k)
- Payresolved Ltd
£213.4k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (46 days)
- Payresolved Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (4 days)
- Payresolved Ltd
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Payresolved Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Payresolved Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 127.1%, this is a higher level of debt than the average (76.7%)
127.1% - Payresolved Ltd
76.7% - Industry AVG
PAYRESOLVED LTD financials
Payresolved Ltd's latest turnover from February 2021 is estimated at £251.8 thousand and the company has net assets of -£9.1 thousand. According to their latest financial statements, Payresolved Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|
| 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 | 2 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|
| Tangible Assets | 6,806 | 8,300 | ||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 6,806 | 8,300 | ||
| Stock & work in progress | ||||
| Trade Debtors | 26,775 | 24,966 | 21,310 | 17,728 |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | ||||
| total current assets | 26,775 | 24,966 | 21,310 | 17,728 |
| total assets | 33,581 | 33,266 | 21,310 | 17,728 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 42,684 | 39,706 | 24,360 | 17,913 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 42,684 | 39,706 | 24,360 | 17,913 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | 1 | |||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 1 | |||
| total liabilities | 42,684 | 39,707 | 24,360 | 17,913 |
| net assets | -9,103 | -6,441 | -3,050 | -185 |
| total shareholders funds | -9,103 | -6,441 | -3,050 | -185 |
| Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 1,809 | 3,656 | 3,582 | 17,728 |
| Creditors | 2,978 | 15,346 | 6,447 | 17,913 |
| Accruals and Deferred Income | -1 | 1 | ||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
payresolved ltd Credit Report and Business Information
Payresolved Ltd Competitor Analysis
Perform a competitor analysis for payresolved ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in BH9 area or any other competitors across 12 key performance metrics.
payresolved ltd Ownership
PAYRESOLVED LTD group structure
Payresolved Ltd has no subsidiary companies.
Ultimate parent company
PAYRESOLVED LTD
10640993
payresolved ltd directors
Payresolved Ltd currently has 2 directors. The longest serving directors include Mr Sean Aldridge (Feb 2017) and Mr Sean Aldridge (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Aldridge | England | 58 years | Feb 2017 | - | Director |
| Mr Sean Aldridge | England | 58 years | Feb 2017 | - | Director |
P&L
February 2021turnover
251.8k
-15%
operating profit
-2.7k
0%
gross margin
9.5%
-10.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2021net assets
-9.1k
+0.41%
total assets
33.6k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
payresolved ltd company details
company number
10640993
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2021
previous names
N/A
accountant
-
auditor
-
address
19 cox avenue, bournemouth, BH9 3LY
Bank
-
Legal Advisor
-
payresolved ltd 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 payresolved ltd.
payresolved ltd 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 PAYRESOLVED LTD. This can take several minutes, an email will notify you when this has completed.
payresolved ltd Companies House Filings - See Documents
| date | description | view/download |
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