CompanyTrack
P

PAYROLL SOFTWARE & SERVICES GROUP TOPCO LIMITED

Active Newcastle Upon Tyne

Activities of financial services holding companies

213 employees Website
Software Enterprise SaaS (ERP, HR, finance) Activities of financial services holding companies
P

PAYROLL SOFTWARE & SERVICES GROUP TOPCO LIMITED

Activities of financial services holding companies

Founded 29 Nov 2019 Active Newcastle Upon Tyne, United Kingdom 213 employees thepssg.com
Software Enterprise SaaS (ERP, HR, finance) Activities of financial services holding companies
Accounts Submitted 15 Aug 2025
Confirmation Statement Submitted 4 Dec 2025
Net assets £-16.37M £6.09M 2023 year on year
Total assets £21.44M £1.58M 2023 year on year
Total Liabilities £37.81M £4.51M 2023 year on year
Charges 5
4 outstanding 1 satisfied

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Contact & Details

Registered Address

Maling Exchange, Hoults Yard Walker Road Newcastle Upon Tyne NE6 2HL United Kingdom

Office ()

Gateshead, Gateshead, United Kingdom, Europe

Website

thepssg.com

Credit Report

Discover PAYROLL SOFTWARE & SERVICES GROUP TOPCO LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

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 (2020–2023)

Cash in Bank

£1.03M

Decreased by £531.32k (-34%)

Net Assets

-£16.37M

Decreased by £6.09M (-59%)

Total Liabilities

£37.81M

Increased by £4.51M (+14%)

Turnover

£18.48M

Increased by £2.03M (+12%)

Employees

213

Decreased by 17 (-7%)

Debt Ratio

176%

Increased by 31 (+21%)

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

Share Capital

Share Capital

Share allotments and capital structure

3 Allotments 93,750 Shares £94k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
31 May 20225,750£6k£1
20 Dec 201985,000£85k£85k
20 Dec 20193,000£3k£3k

Officers

Officers

7 active 5 resigned
Status
Daniel Edward BrookerDirectorBritishEngland4311 Dec 2020Active
Eric Maurice DunmoreDirectorBritishUnited Kingdom6320 Dec 2019Active
Lisa Jane StoneDirectorBritishSpain6331 May 2022Active
Michelle MarinosDirectorBritishEngland5325 Mar 2021Active
Robert John William JonesDirectorBritishEngland474 Mar 2024Active
Sebastian AsplandDirectorBritishEngland4111 Dec 2020Active
Sophie GlanfieldDirectorBritishEngland294 Mar 2024Active

Shareholders

Shareholders (13)

Tenzing Pe I Gp Llp (as Nominee For Tenzing Private Equity I Lp)
82.4%
81,00030 Nov 2022
Sebastian Aspland
1.5%
1,50030 Nov 2022
Tenzing Pe I Gp Llp (as Nominee For Tenzing Private Equity I Lp)
0.0%
030 Nov 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Tenzing Pe I Gp Llp

Unknown

Active
Notified 20 Dec 2019
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Robert John William Jones

Ceased 20 Dec 2019

Ceased

Group Structure

Group Structure

TENZING PE I GP LLP united kingdom significant influence or control limited liability partnership
TENZING LIMITED united kingdom
PAYROLL SOFTWARE & SERVICES GROUP TOPCO LIMITED Current Company
PAYROLL SOFTWARE & SERVICES GROUP MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

4 outstanding 1 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
4 Dec 2025AddressMove Registers To Registered Office Company With New AddressView(1 page)
4 Dec 2025Confirmation StatementConfirmation statement made on 2025-11-28 with no updatesView(3 pages)
17 Sept 2025OfficersTermination of Milan Kellner as director on 2025-09-15View(1 page)
15 Aug 2025AccountsAnnual accounts made up to 2025-03-31View(40 pages)
16 Apr 2025OfficersChange to director Mrs Lisa Jane Stone on 2025-04-16View(2 pages)
4 Dec 2025 Address

Move Registers To Registered Office Company With New Address

4 Dec 2025 Confirmation Statement

Confirmation statement made on 2025-11-28 with no updates

17 Sept 2025 Officers

Termination of Milan Kellner as director on 2025-09-15

15 Aug 2025 Accounts

Annual accounts made up to 2025-03-31

16 Apr 2025 Officers

Change to director Mrs Lisa Jane Stone on 2025-04-16

Recent Activity

Latest Activity

Move Registers To Registered Office Company With New Address

2 months ago on 4 Dec 2025

Confirmation statement made on 2025-11-28 with no updates

2 months ago on 4 Dec 2025

Termination of Milan Kellner as director on 2025-09-15

5 months ago on 17 Sept 2025

Annual accounts made up to 2025-03-31

6 months ago on 15 Aug 2025

Change to director Mrs Lisa Jane Stone on 2025-04-16

10 months ago on 16 Apr 2025