BOUNDLESS PAYROLL UK LIMITED Financials
- Company number
- 12315458CopyCopy
- Registered office
- Unit 326 Canalot Studios 222 Kensal Road, London W10 5BN
- Incorporated
- 14/11/2019
Company snapshot
- Status
- Active
- Employees
- 173 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
0.52%vs 20242024: £-220.89K
Total Assets
-99.04%vs 20242024: £1.01M
Cash in Bank
-94.27%vs 20242024: £168.41K
Total Liabilities
-81.32%vs 20242024: £1.23M
Employees
-73vs 20242024: 246
In 2025, BOUNDLESS PAYROLL UK LIMITED reported net assets of £-219.74K. The same filing shows total assets of £9.66K, cash in bank of £9.66K and total liabilities of £229.40K. Reported headcount was 173 in 2025. Total Liabilities fell from £1.23M in 2024 to £229.40K in 2025 (-81.32%). Okredo holds filed figures for 2021–2025; 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
0.52%from £-220.89K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures BOUNDLESS PAYROLL UK LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
-99.2%vs 2023-91.1% a year compound (CAGR)
Total Assets
-99.2%vs 2023-91.1% a year compound (CAGR)
Total Liabilities
-84.3%vs 2023-60.3% a year compound (CAGR)
Employees
+3.6%vs 2023+6Biggest increase
Employees+3.6%
167 in 2023 to 173 in 2025
Biggest decrease
Total Assets-99.2%
£1.21M in 2023 to £9.66K in 2025
BOUNDLESS PAYROLL UK LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BOUNDLESS PAYROLL UK LIMITED'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
- -2,275.69%2025
- 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
- 2,375.69%2025
- 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.
- Cash to liabilities
- 4.21%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 100.00%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BOUNDLESS PAYROLL UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -183.24K | -194.51K | -250.86K | -220.89K | -219.74K |
| Total Assets£ | 8.59K | 260.06K | 1.21M | 1.01M | 9.66K |
| Cash in Bank£ | 8.07K | 255.80K | 1.21M | 168.41K | 9.66K |
| Total Liabilities£ | 191.83K | 454.57K | 1.46M | 1.23M | 229.40K |
| Employees | 5 | 44 | 167 | 246 | 173 |
BOUNDLESS PAYROLL UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BOUNDLESS PAYROLL UK LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
BOUNDLESS PAYROLL UK LIMITED reported net assets of £-219.74K for 2025. That compares with £-220.89K in 2024, a change of 0.52%.
BOUNDLESS PAYROLL UK LIMITED reported total assets of £9.66K for 2025. That compares with £1.01M in 2024, a change of -99.04%.
BOUNDLESS PAYROLL UK LIMITED reported cash in bank of £9.66K for 2025. That compares with £168.41K in 2024, a change of -94.27%.
BOUNDLESS PAYROLL UK LIMITED reported 173 employees in 2025, compared with 246 in 2024.
Between 2023 and 2025, BOUNDLESS PAYROLL UK LIMITED's cash in bank fell by 99.2%, total assets fell by 99.2%, total liabilities fell by 84.3% and employee numbers rose by 3.6%. Cash in bank contracted at 91.1% a year across the two years to 2025, from £1.21M to £9.66K. Reported headcount went from 167 in 2023 to 173 in 2025 (+6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.