PAYROLL SOFTWARE & SERVICES GROUP MIDCO LIMITED

Accounts Submitted 17 Sept 2025

Confirmation Statement Submitted 2 Dec 2025

Net assets £-9.03M £2.13M 2024 year on year

Total assets £17.77M £3.92M 2024 year on year

Total Liabilities £26.80M £1.79M 2024 year on year

Charges 6

6 outstanding

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Contact & Details

Contact

Update Details

Registered Address

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

Office ()

Gateshead, Gateshead, United Kingdom, Europe

Website

thepssg.com

Credit Report

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

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2021–2024)

Cash in Bank

N/A

Net Assets

-£9.03M

Decreased by £2.13M (-31%)

Total Liabilities

£26.80M

Decreased by £1.79M (-6%)

Turnover

N/A

Employees

Debt Ratio

151%

Increased by 19 (+14%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2024 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 allotments and capital structure

1 Allotment 88,000 Shares £88k Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
20 Dec 2019	ORDINARY	88,000	£88k	£88k

Officers

7 active 5 resigned

Show resigned officers

						Status
Daniel Edward Brooker	Director	British	United Kingdom	43	11 Dec 2020	Active
Eric Maurice Dunmore	Director	British	United Kingdom	63	20 Dec 2019	Active
Lisa Jane Stone	Director	British	Spain	63	31 May 2022	Active
Michelle Marinos	Director	British	England	53	25 Mar 2021	Active
Robert John William Jones	Director	British	England	47	4 Mar 2024	Active
Sebastian Aspland	Director	British	England	41	11 Dec 2020	Active
Sophie Glanfield	Director	British	England	29	4 Mar 2024	Active

Shareholders

Shareholders (1)


Pssg Topco Limited	100.0%	88,001	Ordinary	29 Jan 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Payroll Software And Services Group Topco Limited

United Kingdom

Active

Notified 29 Nov 2019

Nature of Control

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

See All Controllers

Group Structure

PAYROLL SOFTWARE & SERVICES GROUP TOPCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TENZING PE I GP LLP united kingdom significant influence or control limited liability partnership

TENZING LIMITED united kingdom

PAYROLL SOFTWARE & SERVICES GROUP MIDCO LIMITED Current Company

PAYROLL SOFTWARE & SERVICES GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

6 outstanding

Documents

Company Filings

Date	Category	Description	Document
2 Dec 2025	Confirmation Statement	Confirmation statement made on 2025-11-28 with no updates	View(3 pages)
17 Sept 2025	Officers	Termination of Milan Kellner as director on 2025-09-15	View(1 page)
17 Sept 2025	Accounts	Annual accounts filed	View(40 pages)
17 Sept 2025	Accounts	Annual accounts made up to 2025-03-31	View(18 pages)
17 Sept 2025	Other	Notice of agreement to exemption from audit of accounts for period ending 31/03/25	View(1 page)