PAYME LTD

Company number 07768985 ·

In Administration

Executive summary

PAYME LTD presents a high-risk profile as it is currently undergoing Administration, superseding any historical financial performance. Although the company demonstrated strong revenue growth and achieved key industry accreditations in its 2021 filings, its business model was fundamentally fragile, operating on margins of roughly 2% and relying heavily on parent company support to meet liabilities. The transition to administration indicates that this group support was withdrawn or that operational cash flows collapsed. Any further engagement requires a thorough review of the administrator's proposals to assess the viability of purchasing the business or its assets out of insolvency.

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Shareholders' funds

£421,405

Balance sheet as at 2021-03-31

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Overview

Company type
Private Limited Company
Incorporated
2011-09-09
Registered office
C/O Quantuma Advisory Limited 7th Floor, 20 St Andrew Street, London, EC4A 3AG
Postcode
EC4A 3AG
Capital
200 GBP
Accounts category
Full
Charges
0 outstanding

Accounts

Last made up to
2024-03-31
Next due by
2025-12-31
Financial year end
31 March

Confirmation statement

Last statement dated
2024-11-10
Next due by
2025-11-24
View filing history →

Nature of business (SIC)

  • 70229 Management consultancy activities other than financial management
  • 78200 Temporary employment agency activities

Officers 4 current · 2 resigned

Appointed 2025-01-22
Imran QADEER Director
Appointed 2024-04-03
PAYME GROUP LIMITED Director · corporate
Appointed 2018-09-27
DIRECTOR Appointed 2013-10-01

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Group structure 1 subsidiary

Controlled by IQOB MANAGED SERVICES LTD — since 2024-04-03

Controlled by PAYME GROUP LIMITED — since 2018-09-27

From persons-with-significant-control filings on the public register.

Gender pay gap

7.9%

Women's median hourly pay above men's, 2025/26 · around the middle of the pack for parity

View pay gap →

Contact details

Website
payme.co.uk
Phone
08000843058

Previous registered addresses 5

AddressChanged on
EQUINOX 111 AUDBY LANE, WETHERBY, WEST YORKSHIRE, LS22 7RD2017-07-11
CASTLEGARTH GRANGE SCOTT LANE, WETHERBY, LS22 6LH2015-05-18
CASTLEGARTH GRANGE SCOTT LANE, WETHERBY, LS22 6LH, ENGLAND2013-03-13
SUITE 2.2 FORSYTH BUSINESS PARK, SOUTHFIELD, STATION PARADE, HARROGATE, HG1 1HB, ENGLAND2013-03-07
THE EXCHANGE HASLUCKS GREEN ROAD, SHIRLEY, SOLIHULL, WEST MIDLANDS, B90 2EL, UNITED KINGDOM2012-10-18

The class of 2011

23%

of the 16,449 companies in this sector incorporated in 2011 are still active today; 74% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →