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ABSOLUTE PAYMENT SOLUTIONS LTD Financials

Company number
11424003Copy
Copy
Registered office
Business Centre @ The Deep, Tower Street, Hull HU1 4BG
Incorporated
20/06/2018

Company snapshot

Status
Active
Employees
9 (2026)
Latest financial data
2026
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£3.55K2026
-16.05%vs 2025

2025: £4.23K

Total Assets

£97.08K2026
-8.29%vs 2025

2025: £105.85K

Total Liabilities

£93.53K2026
-7.97%vs 2025

2025: £101.63K

Employees

92026
+6vs 2025

2025: 3

In 2026, ABSOLUTE PAYMENT SOLUTIONS LTD reported net assets of £3.55K. The same filing shows total assets of £97.08K and total liabilities of £93.53K. Reported headcount was 9 in 2026. Total Assets fell from £105.85K in 2025 to £97.08K in 2026 (-8.29%). Okredo holds filed figures for 2022–2026; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£3.55K2026
-16.05%from £4.23K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures ABSOLUTE PAYMENT SOLUTIONS LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£41.70K2024£3.55K2026
-91.5%vs 2024

-70.8% a year compound (CAGR)

Total Assets

£81.74K2024£97.08K2026
+18.8%vs 2024

+9% a year compound (CAGR)

Total Liabilities

£40.04K2024£93.53K2026
+134%vs 2024

+52.8% a year compound (CAGR)

Employees

2202492026
+350%vs 2024+7

Biggest increase

Employees+350%

2 in 2024 to 9 in 2026

Biggest decrease

Net Assets-91.5%

£41.70K in 2024 to £3.55K in 2026

ABSOLUTE PAYMENT SOLUTIONS LTD's filings pull in both directions between 2024 and 2026. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ABSOLUTE PAYMENT SOLUTIONS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
3.65%2026
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
96.35%2026
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ABSOLUTE PAYMENT SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£5.06K-57.18K41.70K4.23K3.55K
Total Assets£–75.52K81.74K105.85K97.08K
Cash in Bank£–––––
Total Liabilities£–132.70K40.04K101.63K93.53K
Employees22239

ABSOLUTE PAYMENT SOLUTIONS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ABSOLUTE PAYMENT SOLUTIONS LTD covering 2022–2026, across 4 reported indicators. The most recent reported year is 2026.

ABSOLUTE PAYMENT SOLUTIONS LTD reported net assets of £3.55K for 2026. That compares with £4.23K in 2025, a change of -16.05%.

ABSOLUTE PAYMENT SOLUTIONS LTD reported total assets of £97.08K for 2026. That compares with £105.85K in 2025, a change of -8.29%.

ABSOLUTE PAYMENT SOLUTIONS LTD reported total liabilities of £93.53K for 2026. That compares with £101.63K in 2025, a change of -7.97%.

ABSOLUTE PAYMENT SOLUTIONS LTD reported 9 employees in 2026, compared with 3 in 2025.

Between 2024 and 2026, ABSOLUTE PAYMENT SOLUTIONS LTD's net assets fell by 91.5%, total assets rose by 18.8%, total liabilities rose by 134% and employee numbers rose by 350%. Net assets contracted at 70.8% a year across the two years to 2026, from £41.70K to £3.55K. Reported headcount went from 2 in 2024 to 9 in 2026 (+7).

Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.