PAYAABLE LTD

Active London

Business and domestic software development

3 employees website.com
Financial services Business and domestic software development
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PAYAABLE LTD

Business and domestic software development

Founded 2 Oct 2020 Active London, England 3 employees website.com
Financial services Business and domestic software development
Accounts Submitted 7 Oct 2025 Next due 30 Sept 2026 5 months remaining
Confirmation Submitted 16 Oct 2025 Next due 15 Oct 2026 6 months remaining
Net assets £9K £12K 2024 year on year
Total assets £74K £436K 2024 year on year
Total Liabilities £64K £448K 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Scale Space, 58 Wood Lane London W12 7RZ England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for PAYAABLE LTD (12921042), an active financial services company based in London, England. Incorporated 2 Oct 2020. Business and domestic software development. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

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

£17.45k

Decreased by £456.83k (-96%)

Net Assets

£9.40k

Increased by £11.84k (+485%)

Total Liabilities

£64.42k

Decreased by £447.54k (-87%)

Turnover

£90.52k

Employees

3

Decreased by 2 (-40%)

Debt Ratio

87%

Decreased by 13 (-13%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
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

Funding Rounds 1

Investors (7)

Investor NameInvestor SinceParticipating Rounds
Investor 1Oct 2021Pre-Seed
Investor 2Oct 2021Pre-Seed
Investor 3Oct 2021Pre-Seed

Share Capital

Share Capital

Share allotments and capital structure

3 Allotments 1,255,772 Shares £2.17m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
27 Sept 2023207,254£400k£1.93
7 Feb 2023569,947£1.10m£1.93
15 Jul 2021478,571£670k£1.4

Officers

Officers

1 active 2 resigned
Status
Myles Christian StephensonDirectorBritishScotland5415 Nov 2024Active

Shareholders

Shareholders (66)

Modulr Holdings Limited
62.5%
2,092,858
Modulr Holdings Limited
62.5%
2,092,858

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased
Active
Notified 15 Nov 2024
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Henry Michael Arnold

Ceased 15 Nov 2024

Ceased

Joseph Gabriel Lines

Ceased 15 Nov 2024

Ceased

Group Structure

Group Structure

PAYAABLE LTD Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
16 Oct 2025Confirmation StatementConfirmation statement made on 2025-10-01 with updates
7 Oct 2025AccountsAnnual accounts made up to 2024-12-31
7 Oct 2025OtherAudit exemption statement of guarantee by parent company for period ending 31/12/24
7 Oct 2025OtherNotice of agreement to exemption from audit of accounts for period ending 31/12/24
7 Oct 2025AccountsAnnual accounts filed
16 Oct 2025 Confirmation Statement

Confirmation statement made on 2025-10-01 with updates

7 Oct 2025 Accounts

Annual accounts made up to 2024-12-31

7 Oct 2025 Other

Audit exemption statement of guarantee by parent company for period ending 31/12/24

7 Oct 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

7 Oct 2025 Accounts

Annual accounts filed

Recent Activity

Latest Activity

Confirmation statement made on 2025-10-01 with updates

6 months ago on 16 Oct 2025

Annual accounts made up to 2024-12-31

6 months ago on 7 Oct 2025

Audit exemption statement of guarantee by parent company for period ending 31/12/24

6 months ago on 7 Oct 2025

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

6 months ago on 7 Oct 2025

Annual accounts filed

6 months ago on 7 Oct 2025