Company Overview
Paylet Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 02 August 2002, so this is a well established company. Paylet Ltd has been in business for 23 years and 7 months. The accounts status is micro entity and the accounts are next due on Sunday 31 May 2026.
Registered Address

15 Castle Street, Worcester, WR1 3AD
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Companies House Data
Company NamePAYLET LTD
Company Number04502107
Registered Office Address15 Castle Street
 WR1 3AD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/08/2002
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date30/08/2016
Returns Last Made Up Date02/08/2015
Directors & Members
Show Resigned
Maurice Nixon - Director
(English, 71 years old, born February 1955)
Appointed 01 October 2002
 Active
Kim Nixon - Director
(British, 68 years old, born June 1958)
Appointed 20 December 2016
 Active
Donna Nixon - Director
(British, 59 years old, born August 1967)
Appointed 28 December 2016
 Active
Secretaries
Show Resigned
Other Company Directorships
Maurice Nixon
ARTS & CRAFTS FAIRS LIMITED
BERRYWELL (PROPERTIES) HOLDINGS LIMITED
BOHE LTD
BOISM LTD
CLEMZONE LIMITED
DORCHESTER & GROSVENOR ESTATES LTD
DORCHESTER AND GROSVENOR DEVELOPMENTS LTD
E U BIZ LTD
FARMERS MARKETS LTD
FLEA MARKET LTD
GLAMOROUS JUNK LIMITED
GREAT BARR 106 LIMITED
I LOVE MARKETS LTD
LINGE HOLDINGS LIMITED
MARKET SQUARES LIMITED
PAGSTAR LIMITED
PAYLET ESSEX LTD
PAYLET FINCHLEY LTD
PORTOBELLO FASHION MARKET LTD
PORTOBELLO GREEN FASHION MARKET LTD
PORTOBELLO GREEN MARKET LTD
PORTOBELLO GREEN VINTAGE MARKET LIMITED
PORTOBELLO MAKERS MARKET LTD
PORTOBELLO ROAD FASHION MARKET LTD
PORTOBELLO ROAD VINTAGE MARKET LIMITED
PORTOBELLO SPACE LTD
RAY LINGE MARKET STALLS LIMITED
SOHO FASHION MARKET LIMITED
SOHO MARKET LIMITED
SPANISH MARKETS LIMITED
SPITALFIELDS FESTIVAL MARKET PLACE LTD
URBANISM HOMES LTD
URBANISM LIVING (STOURPORT) LIMITED
URBANISM THURNSCOE LIMITED
WESTWAY MARKET MANAGEMENT LTD
Kim Nixon
BOHO LTD
BOISM LTD
CLEMZONE LIMITED
DORCHESTER & GROSVENOR ESTATES LTD
E U BIZ LTD
GOLDASH LIMITED
GREAT BARR 106 LIMITED
HOMEOWNERS PROPERTIES LTD
M Q 1 LTD
TRAFALGAR PROPERTIES (UK) LTD
URBANISM DEVELOPMENTS LTD
URBANISM ENTERPRISE LTD
URBANISM HOMES LTD
URBANISM LIVING LTD
Donna Nixon
AFFORDABLE PROPERTIES LTD
BOHO LTD
BOISM LTD
CLEMZONE LIMITED
COLLECTORSWALK LTD
DORCHESTER & GROSVENOR ESTATES LTD
E U BIZ LTD
E U BUSINESSES LTD
E U HOTELS LTD
E U INVESTORS LTD
E U JOBS LTD
E U LAND LTD
E U NEWS LTD
E U PROPERTIES LTD
E U WHATS ON LTD
E U WWW. LTD
ENAMERENTAL LTD
GOLDASH LIMITED
GREAT BARR 106 LIMITED
HOME 4 HOME LIMITED
HOMEOWNERS PROPERTIES LTD
M Q 1 LTD
NEWS. WWW. LTD
PAGSTAR LIMITED
PETSINSURE LTD
PETTICOAT LANE LTD
PETTICOAT LANE MARKET LTD
TRAFALGAR PROPERTIES (UK) LTD
URBANISM DEVELOPMENTS LTD
URBANISM ENTERPRISE LTD
URBANISM HOMES LTD
URBANISM LIVING LTD
WWW.FIRM LTD
WWW.MUSEUM LTD
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 11,942 11,942 14,927
Current Assets 340,234 340,234 332,945
Creditors Due Within One Year 146,061 146,061 171,302
Working Cap 194,173 194,173 161,643
Total Assets Less Current Liabilities 206,115 206,115 176,570
Long-term Liabilities 0 0 0
Net Assets 206,115 206,115 176,570
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 206,115 206,115 176,570
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 3.4% 3.4% 4.3%
Stocks Inventory - - -
Debtors 51.7% 51.7% 57.6%
Cash Bank In Hand 44.9% 44.9% 38.1%
Current Assets 96.6% 96.6% 95.7%
Creditors Due Within One Year 41.5% 41.5% 49.2%
Net Current Assets Liabilities 55.1% 55.1% 46.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 58.5% 58.5% 50.8%
Capital Employed - - -
Total Assets Less Current Liabilities 58.5% 58.5% 50.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 2.3 2.3 1.9
Solvency Ratio 2.4 2.4 2.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 352,176 352,176 347,872
Debt 146,061 146,061 171,302
Net Assets/Debt 206,115 206,115 176,570

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around WR1 3AD
E-WEB CORPORATION LIMITED
15 CASTLE STREET, WORCESTER, WR1 3AD
BERRYWELL (PROPERTIES) LIMITED
15 Castle Street, Worcester, Worcestershire, WR1 3AD
CLEMZONE LIMITED
15 CASTLE STREET, WORCESTER, WR1 3AD
GOLDASH LIMITED
15 CASTLE STREET, WORCESTER, WR1 3AD
TRAFALGAR PROPERTIES (UK) LTD
15 CASTLE STREET, WORCESTER, WR1 3AD
E-RETAILMARKETS LTD.
15 CASTLE STREET, WORCESTER, WR1 3AD
ANTIQUESPAGES LTD
15 CASTLE STREET, WORCESTER, WR1 3AD
COUNTRYWIDEMARKETS LTD.
15 CASTLE STREET, WORCESTER, WR1 3AD
I P N T M LTD
15 CASTLE STREET, WORCESTER, WR1 3AD
PAGSTAR LIMITED
15 CASTLE STREET, WORCESTER, WR1 3AD
Document Filings
Confirmation statement made on 28 March 2025 with updates
Confirmation statement made on 28 January 2025 with updates
Confirmation statement made on 2 August 2024 with no updates
Confirmation statement made on 2 August 2023 with no updates
Director's details changed for Ms Kim Nixon on 15 June 2023
Director's details changed for Donna Nixon on 15 June 2023
Change of details for Mr Maurice Samuel Nixon as a person with significant control on 15 June 2023
Confirmation statement made on 2 August 2022 with no updates
Confirmation statement made on 2 August 2021 with no updates
Confirmation statement made on 2 August 2020 with no updates
Confirmation statement made on 2 August 2019 with no updates
Confirmation statement made on 2 August 2018 with no updates
Director's details changed for Mr Maurice Samuel Nixon on 12 July 2018
Confirmation statement made on 2 August 2017 with updates
Second filing for the appointment of Donna Nixon as a director
Statement of capital following an allotment of shares on 20 December 2016
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