Company Overview
Best Payroll Solution Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Saturday 01 September 2018, so this is a well established company. Best Payroll Solution Limited has been in business for 7 years and 7 months. The accounts status is micro entity and the accounts are next due on Friday 30 June 2023.
Registered Address

1 Stuart House, Bridge Street, Walsall, WS1 1JX
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Companies House Data
Company NameBEST PAYROLL SOLUTION LIMITED
Company Number11546854
Registered Office Address1 Stuart House
 Bridge Street
 WS1 1JX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/09/2018
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2023
Accounts Last Made Up Date30/09/2021
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date29/09/2019
Directors & Members
Show Resigned
Kirtiben Godhaniya - Director
(British, 40 years old, born February 1986)
Appointed 10 April 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Kirtiben Godhaniya
No companies found
Balance Sheet Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Balance Sheet
Fixed Assets 0 0 0
Current Assets 3,493 25,268 17,961
Creditors Due Within One Year 20,000 16,507 7,632
Working Cap -16,507 8,761 10,329
Total Assets Less Current Liabilities -16,507 8,761 10,329
Long-term Liabilities 20,000 20,000 0
Net Assets -36,507 -11,239 10,329
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -36,507 -11,239 10,329
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 572.6% 65.3% 42.5%
Net Current Assets Liabilities -472.6% 34.7% 57.5%
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 -1045.1% -44.5% 57.5%
Capital Employed - - -
Total Assets Less Current Liabilities -472.6% 34.7% 57.5%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Liquidity Ratio 0.2 1.5 2.4
Solvency Ratio 0.1 0.7 2.4
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 30-Sep-2021 30-Sep-2020 30-Sep-2019
Assets 3,493 25,268 17,961
Debt 40,000 36,507 7,632
Net Assets/Debt -36,507 -11,239 10,329
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 WS1 1JX
No other companies found in the same location
Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 21 April 2022 with no updates
Director's details changed for Kirtiben Ramdebhai Godhaniya on 6 September 2021
Registered office address changed from 20 Gade Close Hayes UB3 3PY United Kingdom to 1 Stuart House Bridge Street Walsall WS1 1JX on 16 September 2021
Confirmation statement made on 21 April 2021 with updates
Notification of Kirtiben Ramdebhai Godhaniya as a person with significant control on 10 February 2021
Termination of appointment of Harbham Karashan Odedra as a director on 10 February 2021
Appointment of Kirtiben Ramdebhai Godhaniya as a director on 10 April 2021
Cessation of Harbham Karashan Odedra as a person with significant control on 1 November 2020
Confirmation statement made on 30 July 2020 with no updates
Confirmation statement made on 30 July 2019 with updates
Termination of appointment of Kirtiben Godhaniya as a director on 19 July 2019
Appointment of Mr Harbham Karashan Odedra as a director on 20 July 2019
Notification of Harbham Karashan Odedra as a person with significant control on 1 May 2019
Statement of capital following an allotment of shares on 1 May 2019
Cessation of Kirtiben Godhaniya as a person with significant control on 1 May 2019
Incorporation
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