Cash

Latest balance sheet

Net assets

-£465K

-0.9% vs 2020

Employees

88

+700% vs 2020

Profit before tax

Period ending 2021-12-31

Profile

Company number
12689448
Status
Active
Incorporation
2020-06-22
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
64999
Hubs
UK Fintech

Net assets

2-year trend · vs UK Fintech median

£0£1£120202021
PAYROC WORLDACCESS, LTD.

Accounts

2-year trend · latest 2021-12-31

Metric Trend 2020-12-312021-12-31
Turnover
Operating profit
Profit before tax
Net profit
Cash
Total assets less current liabilities
Net assets -£460,823-£465,011
Equity -£460,823-£465,011
Average employees 1188
Wages

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“The Company reported a profit of £977,643 (2023: loss of £1,217,279) for the year ended 31 December 2024 and had net current liabilities in the amount of £1,625,942 (2023: £2,701,997) and net liabilities of £1,242,589 (2023: £2,220,232) at that date, which includes net amounts owed to group undertakings in the amount of £1,365,092 (2023: £2,436,795). These conditions indicate a material uncertainty over the Company's ability to continue as a going concern.”

Significant events

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

3 active · 1 resigned

Name Role Appointed Born Nationality
HODGES, Kevin Michael Director 2020-11-09 Jul 1978 American
OBERMAN, James Michael Director 2020-06-22 Jan 1959 American
VIENNEAU, Paul Director 2020-06-22 Jan 1969 American
Show 1 resigned officer
Name Role Appointed Resigned
HAMILTON, Craig Director 2020-06-22 2020-11-09

Ownership

Persons with significant control

No PSC data extracted yet.

Filing timeline

Last 20 of 20 total filings

Date Type Category Description
2025-10-02 AA accounts accounts with accounts type full
2025-06-24 CS01 confirmation-statement confirmation statement with no updates
2024-11-15 AD01 address change registered office address company with date old address new address
2024-09-09 AA accounts accounts with accounts type full
2024-06-21 CS01 confirmation-statement confirmation statement with no updates
2023-12-14 AD01 address change registered office address company with date old address new address
2023-10-18 AA accounts accounts with accounts type full
2023-07-27 CS01 confirmation-statement confirmation statement with no updates
2022-09-29 AA accounts accounts with accounts type small
2022-07-05 CS01 confirmation-statement confirmation statement with no updates
2022-07-05 CH01 officers change person director company with change date
2022-07-05 CH01 officers change person director company with change date
2022-07-05 CH01 officers change person director company with change date
2022-07-05 CH01 officers change person director company with change date
2021-09-20 AA accounts accounts with accounts type small
2021-06-30 CS01 confirmation-statement confirmation statement with updates
2021-01-25 AA01 accounts change account reference date company previous shortened
2020-11-11 AP01 officers appoint person director company with name date
2020-11-11 TM01 officers termination director company with name termination date
2020-06-22 NEWINC incorporation incorporation company

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires total assets, EBIT (operating profit / PBT) — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page