The Accounts Companies House intelligence

PAYNETWORX GROUP LTD

#07710467 · Active · Group / consolidated · Incorporated 2011-07-19 (14y 10m) · Last filing 2026-01-13 (4mo ago)
Industrials · SIC 74909 · M Professional, Scientific & Technical Activities · Group accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-31 (in 7mo)

Last made up 2025-12-17

Watchouts

None on the register

Cash

£133K

-8.1% vs 2023

Net assets

-£2M

-165.2% vs 2023

Employees

17

+13.3% vs 2023

Profit before tax

-£1M

-18.6% vs 2023

Name history

Renamed 1 time since incorporation

  1. PAYNETWORX GROUP LTD 2019-03-28 → present
  2. JETPAY SOLUTIONS LIMITED 2011-07-19 → 2019-03-28

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £320,170£334,737
Operating profit -£956,797-£1,144,817
Profit before tax -£952,569-£1,130,177
Net profit -£952,569-£1,130,177
Cash £144,548£132,897
Total assets less current liabilities -£584,480-£1,771,131
Net assets -£684,155-£1,814,333
Equity -£684,155-£1,814,333
Average employees 1517
Wages £439,638£535,677

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin -298.8%-342.0%
Net margin -297.5%-337.6%
Return on capital employed 163.7%64.6%
Gearing (liabilities / total assets) 131.2%185.0%
Current ratio 0.35x0.24x
Interest cover -76.64x-123.52x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
C B Heslop & Company Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors, whilst recognising the potential uncertainty over the group's ability to settle liabilities as they fall due, continue to adopt the going concern basis in the preparation of the financial statements. The group has the support of its ultimate controlling party WLES LP and has continued to meet its obligations as they have fallen due.”

Group structure

  1. PAYNETWORX GROUP LTD · parent
    1. Annecto UK Limited 100% · UK · Card payment processing
    2. Paynetworx Ltd 100% · UK · Card payment processing

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 1 resigned

Name Role Appointed Born Nationality
MILLS, Reginald Osborn Secretary 2011-08-17 — —
MILLS, Reginald Osborn, Mr. Director 2011-07-19 May 1940 British
VOIGT, Sue-Lynn Director 2011-07-19 Apr 1965 American
VOIGT, Trent Rodney Director 2011-07-19 Nov 1963 American
Show 1 resigned officer
Name Role Appointed Resigned
GAGE, Michael Thomas Director 2011-08-19 2013-08-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ms Sue Lynn Voigt Individual Shares 25–50%, Voting 25–50% 2025-02-10 Active
Mr Trent Rodney Voigt Individual Shares 50–75%, Voting 50–75%, Appoints directors 2016-04-06 Active
Mr. Reginald Osborn Mills Individual Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 60 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2019-03-28 RESOLUTIONS Resolution
Date Type Category Description
2026-01-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-08 AA accounts Accounts with accounts type group
2025-03-10 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-01-17 CS01 confirmation-statement Confirmation statement with updates PDF
2024-08-20 AA accounts Accounts with accounts type group
2024-01-11 SH01 capital Capital allotment shares PDF
2023-12-19 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-23 AA accounts Accounts with accounts type group
2023-01-26 SH01 capital Capital allotment shares PDF
2022-12-19 CS01 confirmation-statement Confirmation statement with updates PDF
2022-09-29 AA accounts Accounts with accounts type group
2021-12-22 CS01 confirmation-statement Confirmation statement with updates PDF
2021-08-23 AD01 address Change registered office address company with date old address new address PDF
2021-07-26 AA accounts Accounts with accounts type group
2021-01-04 CS01 confirmation-statement Confirmation statement with updates PDF
2020-09-10 AA accounts Accounts with accounts type group
2019-12-17 CS01 confirmation-statement Confirmation statement with updates PDF
2019-07-22 CS01 confirmation-statement Confirmation statement with updates PDF
2019-07-12 AA accounts Accounts with accounts type group
2019-03-28 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page