Company Overview
Payg Cars Limited is a Dissolved Private Limited Company.
Registered Address

39/40 Alison Crescent, Sheffield, West Yorkshire, S2 1AS
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Companies House Data
Company NamePAYG CARS LIMITED
Company Number05462324
Registered Office Address39/40 Alison Crescent
 S2 1AS
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date24/05/2005
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2017
Accounts Last Made Up Date31/12/2015
Returns Next Due Date16/04/2017
Returns Last Made Up Date19/03/2016
Previous Company NameChanged Date
GAS-N-GO LIMITED07 Nov 2016
ST. JAMES PRIVATE FINANCE LIMITED27 Apr 2009
PROPERTYNET MLS LIMITED08 Aug 2007
C.V.B LIMITED29 Jul 2005
Directors & Members
Show Resigned
Clive Bridgeman - Director
(British, 81 years old, born November 1945)
Appointed 01 November 2016
 Active
Mark Wilson - Director
(British, 59 years old, born January 1967)
Appointed 01 November 2016
 Active
Pay As You Go Cars Ltd - Director
Appointed 31 March 2016
 Active
Secretaries
Show Resigned
Other Company Directorships
Clive Bridgeman
No companies found
Mark Wilson
AUTOMATCH SOFTWARE LTD.
LA BEAUTIFUL LIMITED
MEDISICO GENERAL MEDICINE LTD
MEETAX PROJECTS LTD
Pay As You Go Cars Ltd
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 439 609
Current Assets 2,452 27
Creditors Due Within One Year 271,820 190,902
Working Cap -269,368 -190,875
Total Assets Less Current Liabilities -268,929 -190,266
Long-term Liabilities 0 0
Net Assets -268,929 -190,266
Share Capital & Reserves
Share Cap 4,400,000 4,400,000
Profit & Loss Reserves -4,668,929 -4,590,266
Other Reserves 0 0
Shareholders Funds -268,929 -190,266
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets 11.7% 80.0%
Fixed Assets 15.2% 95.8%
Stocks Inventory - -
Debtors - -
Cash Bank In Hand - -
Current Assets 84.8% 4.2%
Creditors Due Within One Year 9402.3% 30016.0%
Net Current Assets Liabilities -9317.5% -30011.8%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - -
Net Assets Liabilities Including Pension Asset Liability -9302.3% -29916.0%
Called Up Share Capital 152196.5% 691823.9%
Share Capital Allotted Called Up Paid - -
Profit Loss Account Reserve -161498.8% -721739.9%
Shareholder Funds -9302.3% -29916.0%
Capital Employed - -
Total Assets Less Current Liabilities -9302.3% -29916.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2015 31-Dec-2014
Liquidity Ratio 0.0 0.0
Solvency Ratio 0.0 0.0
Reserves to Assets -1615.0 -7217.4
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-Dec-2015 31-Dec-2014
Assets 2,891 636
Debt 271,820 190,902
Net Assets/Debt -268,929 -190,266
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
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Document Filings
Final Gazette dissolved via compulsory strike-off
First Gazette notice for compulsory strike-off
Confirmation statement made on 19 March 2017 with updates
Registered office address changed from C/O Steven Kinch 23 the Forum 277 London Road Burgess Hill West Sussex RH15 9QU England to 39/40 Alison Crescent Sheffield West Yorkshire S2 1AS on 10 November 2016
Resolutions
Appointment of Mr Mark Wilson as a director on 1 November 2016
Appointment of Mr Clive James Bridgeman as a director on 1 November 2016
Director's details changed
Annual return made up to 19 March 2016 with full list of shareholders
Appointment of Pay as You Go Cars Ltd as a director on 31 March 2016
Termination of appointment of Clive James Bridgeman as a director on 31 March 2016
Register(s) moved to registered office address C/O Steven Kinch 23 the Forum 277 London Road Burgess Hill West Sussex RH15 9QU
Registered office address changed from 56 Granville Road Sherborne Dorset DT9 4AT England to C/O Steven Kinch 23 the Forum 277 London Road Burgess Hill West Sussex RH15 9QU on 1 March 2016
Registered office address changed from C/O C.J.Bridgeman 3 3a Park Road Burgess Hill West Sussex RH15 8EU United Kingdom to 56 Granville Road Sherborne Dorset DT9 4AT on 16 February 2016
Registered office address changed from C/O C.J.Bridgeman 3a Park Road Burgess Hill West Sussex RH15 8EU to C/O C.J.Bridgeman 3 3a Park Road Burgess Hill West Sussex RH15 8EU on 7 April 2015
Annual return made up to 19 March 2015 with full list of shareholders
Registered office address changed from 30 Church Road Burgess Hill West Sussex RH15 9AE England to C/O C.J.Bridgeman 3a Park Road Burgess Hill West Sussex RH15 8EU on 5 April 2015
Director's details changed for Mr Clive James Bridgeman on 4 February 2012
Registered office address changed from Flat a, 3 Park Road Burgess Hill West Sussex RH15 8EU to 30 Church Road Burgess Hill West Sussex RH15 9AE on 30 September 2014
Annual return made up to 19 March 2014 with full list of shareholders
Registered office address changed from , 30 Church Road, Burgess Hill, West Sussex, RH15 9AE, United Kingdom on 14 April 2014
Termination of appointment of Alexander Kanishchev as a director
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