SELECT PAYROLL SOLUTIONS LIMITED - Profile & Financials

Accounts Submitted 2 Jul 2025

Confirmation Statement Submitted 17 Nov 2025

Net assets £183.71K £8.62K 2023 year on year

Total assets £185.41K £22.37K 2023 year on year

Total Liabilities £1.70K £30.99K 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

71-75 Shelton Street Covent Garden London WC2H 9JQ United Kingdom

Office (Birmingham)

350 Gospel Ln, Solihull, Birmingham B27 7AJ

Telephone

0121 792 0170

dawn@selectpayroll.co.uk

Website

selectpayroll.co.uk

Credit Report

Discover SELECT PAYROLL SOLUTIONS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

N/A

Decreased by £11.13k (-100%)

Net Assets

£183.71k

Increased by £8.62k (+5%)

Total Liabilities

£1.70k

Decreased by £30.99k (-95%)

Turnover

£9.15k

Decreased by £122.05k (-93%)

Employees

N/A

Debt Ratio

Decreased by 15 (-94%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

2 active 2 resigned

Show resigned officers

						Status
Bryan Nicholas Davies	Director	British	England	62	1 Sept 2022	Active
Ian David Larkin	Director	Irish	England	57	22 Jul 2024	Active

Shareholders

Shareholders (3)


Topsource Worldwide Group Limited	100.0%	100	Ordinary	24 Nov 2021
Stephen Wade	0.0%	0	Ordinary	24 Nov 2021
Dawn Wade	0.0%	0	Ordinary	24 Nov 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Topsource Worldwide Group Limited

United Kingdom

Active

Notified 30 Jul 2021

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Dawn Wade

Ceased 30 Jul 2021

Ceased

See All Controllers

Group Structure

TOPSOURCE WORLDWIDE GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TOPSOURCE WORLDWIDE MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TOPSOURCE WORLDWIDE HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TOPSOURCE WORLDWIDE TOPCO LIMITED united kingdom voting rights 50 to 75 percent, appoint/remove directors

HORIZON CAPITAL 2018 LIMITED PARTNERSHIP united kingdom appoint/remove person

HORIZON CAPITAL LLP united kingdom

SELECT PAYROLL SOLUTIONS LIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
17 Nov 2025	Confirmation Statement	Confirmation statement made on 2025-11-10 with no updates	View(3 pages)
2 Jul 2025	Other	Notice of agreement to exemption from audit of accounts for period ending 30/03/24	View(1 page)
2 Jul 2025	Other	Audit exemption statement of guarantee by parent company for period ending 30/03/24	View(3 pages)
2 Jul 2025	Accounts	Annual accounts filed	View(44 pages)
2 Jul 2025	Accounts	Annual accounts made up to 2024-03-30	View(11 pages)