Company Overview
Ppaya Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 01 December 2020. Ppaya Limited has been in business for 5 years and 4 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Suite 2/3, 2Nd Floor 48 West George Street, Glasgow, G2 1BP
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Companies House Data
Company NamePPAYA LIMITED
Company NumberSC682476
Registered Office AddressSuite 2/3, 2nd Floor 48 West George Street
 G2 1BP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/12/2020
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date29/12/2021
Directors & Members
Show Resigned
Michael Abbott - Director
(British, 59 years old, born July 1967)
Appointed 19 December 2025
 Active
Thomas Ellis - Director
(British, 46 years old, born February 1980)
Appointed 19 December 2025
 Active
Kristina Rabecaite - Director
(Lithuanian, 33 years old, born September 1993)
Appointed 19 December 2025
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Michael Abbott
INENCO ENERGY TRADING LIMITED
INENCO GROUP LIMITED
INENCO HOLDINGS LIMITED
INENCO LIMITED
PROJECT GAIA BIDCO LIMITED
PROJECT GAIA MIDCO 1 LIMITED
PROJECT GAIA TOPCO LIMITED
Thomas Ellis
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CORE COLLECTION ACCOMODATION LIMITED
CORE COLLECTION GROUP LIMITED
CORE MANAGEMENT HOLDINGS LIMITED
ENERGIA HOLDINGS LIMITED
ENERGIA MANAGED SERVICES LIMITED
EVOLVE ENERGY SUPPLY LIMITED
FATSA02 LTD
GO-PRIVATE GP LIMITED
LOCH LOMOND WAKEBOARD LTD
OCEANIC (PORTUGAL) LIMITED
PERFECT CHARTER LIMITED
PROJECT GAIA TOPCO LIMITED
SHEPHERDS (WINDERMERE) LIMITED
SION ADVISORY LIMITED
THE ELECTRIC VEHICLE GROUP LIMITED
THE SANCTUARY EXPERIENCE LIMITED
TRAVEL STYLE GROUP LIMITED
UTILITY SYSTEMS LIMITED
Kristina Rabecaite
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2020
Balance Sheet
Fixed Assets 201,334 201,334 -
Current Assets 386,604 386,604 -
Creditors Due Within One Year 60,005 60,005 -
Working Cap 326,599 326,599 -
Total Assets Less Current Liabilities 527,933 527,933 -
Long-term Liabilities 0 0 -
Net Assets 527,933 527,933 -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 527,933 527,933 -
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 34.2% 34.2% -
Stocks Inventory - - -
Debtors 3.4% 3.4% -
Cash Bank In Hand 62.4% 62.4% -
Current Assets 65.8% 65.8% -
Creditors Due Within One Year 10.2% 10.2% -
Net Current Assets Liabilities 55.5% 55.5% -
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 89.8% 89.8% -
Capital Employed - - -
Total Assets Less Current Liabilities 89.8% 89.8% -
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2020
Liquidity Ratio 6.4 6.4 0.0
Solvency Ratio 9.8 9.8 -
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-Mar-2025 31-Mar-2022 31-Mar-2020
Assets 587,938 587,938 -
Debt 60,005 60,005 -
Net Assets/Debt 527,933 527,933 -

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 has some deficiency. 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 has some deficiency. 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 has some deficiency. 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
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Document Filings
Registered office address changed from 272 Bath Street Glasgow G2 4JR Scotland to Suite 2/3, 2nd Floor 48 West George Street Glasgow G2 1BP on 19 March 2026
Memorandum and Articles of Association
Resolutions
Notification of Ppaya Bidco Limited as a person with significant control on 5 February 2026
Cessation of Evolve Energy Supply Limited as a person with significant control on 5 February 2026
Statement of capital following an allotment of shares on 19 December 2025
Notification of Evolve Energy Supply Limited as a person with significant control on 19 December 2025
Memorandum and Articles of Association
Resolutions
Resolutions
Cessation of Alison Claire Walker as a person with significant control on 19 December 2025
Cessation of Christopher John Walker as a person with significant control on 19 December 2025
Appointment of Mr Thomas David Ellis as a director on 19 December 2025
Appointment of Mr Michael Edward Abbott as a director on 19 December 2025
Termination of appointment of Roy Neil Foster as a director on 19 December 2025
Termination of appointment of Christopher Rodgers as a director on 19 December 2025
Termination of appointment of Christopher John Walker as a director on 19 December 2025
Termination of appointment of Peter Walker as a director on 19 December 2025
Termination of appointment of Alison Claire Walker as a director on 19 December 2025
Appointment of Ms Kristina Rabecaite as a director on 19 December 2025
Registered office address changed from 3rd Floor, Maxim 10 Parklands Avenue Motherwell ML1 4WQ United Kingdom to 272 Bath Street Glasgow G2 4JR on 22 December 2025
Confirmation statement made on 2 November 2025 with no updates
Registered office address changed from Muirhall Farm Auchengray Carnwath South Lanarkshire ML11 8LL Scotland to 3rd Floor, Maxim 10 Parklands Avenue Motherwell ML1 4WQ on 29 May 2025
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