Company Overview
London Pay Ltd is a Dissolved Private Limited Company.
Registered Address

Unit 13 Ilford Trading Estate, Paycocke Road, Basildon, Essex, SS14 3DR
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Companies House Data
Company NameLONDON PAY LTD
Company Number09344856
Registered Office AddressUnit 13 Ilford Trading Estate
 Paycocke Road
 SS14 3DR
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date08/12/2014
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2021
Accounts Last Made Up Date31/12/2019
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date05/01/2017
Returns Last Made Up Date08/12/2015
Previous Company NameChanged Date
GREY STREET LTD31 Jan 2018
Directors & Members
Show Resigned
Zwelithini Ncube - Director
(British, 53 years old, born September 1973)
Appointed 08 December 2014
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2018 31-Dec-2017
Balance Sheet
Fixed Assets 0 0 0
Current Assets 67,877 135,862 5,235
Creditors Due Within One Year 26,813 44,107 129
Working Cap 41,064 91,755 5,106
Total Assets Less Current Liabilities 41,064 91,755 5,106
Long-term Liabilities 0 0 0
Net Assets 41,064 91,755 5,106
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 41,064 91,755 5,106
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2018 31-Dec-2017
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - 18.8% 97.1%
Cash Bank In Hand 100.0% 81.2% 2.9%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 39.5% 32.5% 2.5%
Net Current Assets Liabilities 60.5% 67.5% 97.5%
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 60.5% 67.5% 97.5%
Capital Employed - - -
Total Assets Less Current Liabilities 60.5% 67.5% 97.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2019 31-Dec-2018 31-Dec-2017
Liquidity Ratio 2.5 3.1 40.6
Solvency Ratio 2.5 3.1 40.6
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-Dec-2019 31-Dec-2018 31-Dec-2017
Assets 67,877 135,862 5,235
Debt 26,813 44,107 129
Net Assets/Debt 41,064 91,755 5,106
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 SS14 3DR
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EMBASSY FREIGHT SERVICES (UK) LIMITED
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WIDDLE GIFTS LIMITED
Unit 12 Ilford Trading Estate, Paycocke Road, Basildon, SS14 3DR
ROLLING COMPONENTS LIMITED
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CITYMAIN CORPORATE LTD
UNIT 10 ILFORD TRADING ESTATE, PAYCOCKE ROAD, BASILDON, ESSEX, SS14 3DR
EUROLYNX SERVICES LTD
UNIT 10 ILFORD TRADING ESTATE, PAYCOCKE ROAD, BASILDON, ESSEX, SS14 3DR
RTG GROUP (UK) LIMITED
UNIT 10 ILFORD TRADING ESTATE, PAYCOCKE ROAD, BASILDON, ESSEX, SS14 3DR
R T G RAIL SERVICES LIMITED
UNIT 10 ILFORD TRADING ESTATE, PAYCOCKE ROAD, BASILDON, ESSEX, SS14 3DR
BLAST, SPRAY & POLISH LTD
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Document Filings
Appointment of a liquidator
Registered office address changed from Unit 13 Ilford Trading Estate Paycocke Road Basildon Essex SS14 3DR England to Prospect House Rouen Road Norwich Norfolk NR1 1RE on 22 May 2025
Order of court to wind up
Order of court - restore and wind up
Final Gazette dissolved via voluntary strike-off
Voluntary strike-off action has been suspended
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Registered office address changed from 16 Hemmells Basildon Essex SS15 6ED England to Unit 13 Ilford Trading Estate Paycocke Road Basildon Essex SS14 3DR on 9 November 2020
Director's details changed for Mr Zwelithini Ncube on 29 January 2020
Confirmation statement made on 30 October 2020 with updates
Change of details for Mr Zwelithini Ncube as a person with significant control on 1 March 2020
Director's details changed for Mr Zwelithini Ncube on 14 May 2020
Confirmation statement made on 4 December 2019 with updates
Confirmation statement made on 4 December 2018 with updates
Registered office address changed from 7 Grove Avenue Basildon SS16 6HJ to 16 Hemmells Basildon Essex SS15 6ED on 2 February 2018
Resolutions
Confirmation statement made on 4 December 2017 with updates
Termination of appointment of Similo Ndiweni as a director on 13 December 2016
Confirmation statement made on 8 December 2016 with updates

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