PAYAABLE LTD
Company number 12921042 · Monitor this company
Executive summary
PAYAABLE LTD shows high risk due to negative net assets and rising liabilities as of December 2023, signaling solvency concerns. Recent ownership and leadership changes heighten uncertainty despite improved cash levels and good filing compliance. Detailed review of intercompany debts and restructuring context is recommended to clarify financial stability and operational outlook.
Shareholders' funds
-£1,903,998
Balance sheet as at 2023-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2020-10-02
- Employees
- 5 (2023 accounts · was 4 in 2022)
- Registered office
- The Featherstone Building, 66 City Road, London, United Kingdom, EC1Y 2AL
- Postcode
- EC1Y 2AL
- Capital
- 3 GBP
- Accounts category
- Audit Exemption Subsidiary
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-10-01
- Next due by
- 2026-10-15
Nature of business (SIC)
- 62012 Business and domestic software development
Officers 2 current · 3 resigned
Group structure
Controlled by MODULR HOLDINGS LIMITED — since 2024-11-15
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Among its peers
Among the biggest employers
of 2,574 similar companies in EC, with 5 staff. Among the oldest 25% of its local peers.
Competitors London
-
5. CIRATA LTD
This company ranks 3966 among business and domestic software development in London.
The class of 2020
37%
of the 9,511 companies in this sector incorporated in 2020 are still active today; 60% have since been dissolved.
A fact about the year, not a forecast for this company.