Company Overview
Paystrax Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 12 March 2019, so this is a well established company. Paystrax Ltd has been in business for 7 years. The accounts status is small and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Nile House, Nile Street, Brighton, BN1 1HW
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Companies House Data
Company NamePAYSTRAX LTD
Company Number11875619
Registered Office AddressNile House
 Nile Street
 BN1 1HW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/03/2019
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategorySMALL
Returns Next Due Date09/04/2020
Previous Company NameChanged Date
PAYSTRA LTD23 Dec 2020
Directors & Members
Gunnar Gunnarsson - Director
(Icelandic, 55 years old, born August 1971)
Appointed 17 May 2022
Active
Andrea Jonsdottir - Director
(Icelandic, 60 years old, born July 1966)
Appointed 17 May 2022
Active
Johannes Kolbeinsson - Director
(Icelandic, 57 years old, born September 1969)
Appointed 12 March 2019
Active
David Masson - Director
(Icelandic, 58 years old, born May 1968)
Appointed 17 May 2022
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Gunnar Gunnarsson
NOCHEX LIMITED
PAYSTRA GROUP LTD
PAYSTRA OLDCO PLC
PAYSTRAX GROUP LTD
Andrea Jonsdottir
No companies found
Johannes Kolbeinsson
No companies found
David Masson
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets - - -
Current Assets - - -
Creditors Due Within One Year - - -
Working Cap - - -
Total Assets Less Current Liabilities - - -
Long-term Liabilities - - -
Net Assets 1,002 1,002 1,002
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,002 1,002 1,002
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets - - -
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets - - -
Creditors Due Within One Year - - -
Net Current Assets Liabilities - - -
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 - - -
Capital Employed - - -
Total Assets Less Current Liabilities - - -
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2022 31-Mar-2021
Liquidity Ratio 0.0 0.0 0.0
Solvency Ratio - - -
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-2024 31-Mar-2022 31-Mar-2021
Assets - - -
Debt - - -
Net Assets/Debt 1,002 1,002 1,002
It is not clear that the company was actively trading prior to the latest financial data filed. Examination of the full accounts may provide further information. If the company remains active on the company register it may have traded in the period since the date of the latest filed accounts. A full credit report may 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
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Document Filings
Registered office address changed from Nile House Nile Street Brighton BN1 1HW United Kingdom to London Bridge - More London 3 More London London SE1 2RE on 2 February 2026
Confirmation statement made on 12 August 2025 with no updates
Confirmation statement made on 12 August 2024 with updates
Notification of Paystrax Group Ltd as a person with significant control on 31 July 2024
Cessation of Johannes Ingi Kolbeinsson as a person with significant control on 31 July 2024
Cessation of Gunnar Mar Gunnarsson as a person with significant control on 31 July 2024
Resolutions
Memorandum and Articles of Association
Director's details changed for Mr Johannes Ingi Kolbeinsson on 3 January 2024
Confirmation statement made on 8 December 2023 with updates
Statement of capital following an allotment of shares on 4 December 2023
Director's details changed for Mr Johannes Ingi Kolbeinsson on 31 October 2023
Confirmation statement made on 12 June 2023 with updates
Statement of capital following an allotment of shares on 6 June 2023
Confirmation statement made on 11 May 2023 with updates
Registered office address changed from Nile House Nile House, Nile St Brighton BN1 1HW United Kingdom to Nile House Nile Street Brighton BN1 1HW on 8 September 2022
Registered office address changed from 8-9 Ship Street Brighton East Sussex BN1 1AD England to Nile House Nile House, Nile St Brighton BN1 1HW on 8 September 2022
Appointment of Ms Andrea Kristin Jonsdottir as a director on 17 May 2022
Appointment of Mr Gunnar Mar Gunnarsson as a director on 17 May 2022
Appointment of Mr David Masson as a director on 17 May 2022
Confirmation statement made on 12 May 2022 with updates

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