PAYASSIST LIMITED Financials
- Company number
- 08896393Copy
Copy - Registered office
- 52 New Town, Uckfield, East Sussex TN22 5DE
- Incorporated
- 14/02/2014
Company snapshot
- Status
- Active
- Employees
- 7 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
16.21%vs 20222022: £571.31K
Total Assets
11.43%vs 20222022: £673.18K
Cash in Bank
15.85%vs 20222022: £564.62K
Total Liabilities
-15.40%vs 20222022: £101.87K
Employees
-1vs 20222022: 8
In 2023, PAYASSIST LIMITED reported net assets of £663.94K. The same filing shows total assets of £750.11K, cash in bank of £654.12K and total liabilities of £86.18K. Reported headcount was 7 in 2023. Net Assets rose from £571.31K in 2022 to £663.94K in 2023 (16.21%). Okredo holds filed figures for 2021–2023; 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
16.21%from £571.31K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures PAYASSIST LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+29.5%vs 2021+13.8% a year compound (CAGR)
Cash in Bank
+9.5%vs 2021+4.7% a year compound (CAGR)
Total Assets
+2.1%vs 2021+1.1% a year compound (CAGR)
Total Liabilities
-61.2%vs 2021-37.7% a year compound (CAGR)
Employees
-22.2%vs 2021-2Biggest increase
Net Assets+29.5%
£512.51K in 2021 to £663.94K in 2023
Biggest decrease
Total Liabilities-61.2%
£221.99K in 2021 to £86.18K in 2023
PAYASSIST LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PAYASSIST 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
- 88.51%2023
- Liabilities to total assets
- 11.49%2023
- Cash to liabilities
- 759.04%2023
- Cash to total assets
- 87.20%2023
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 PAYASSIST LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 512.51K | 571.31K | 663.94K |
| Total Assets£ | 734.50K | 673.18K | 750.11K |
| Cash in Bank£ | 597.27K | 564.62K | 654.12K |
| Total Liabilities£ | 221.99K | 101.87K | 86.18K |
| Employees | 9 | 8 | 7 |
PAYASSIST LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has PAYASSIST LIMITED filed financial statements?
Yes. Okredo holds filed figures for PAYASSIST LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did PAYASSIST LIMITED report in 2023?
PAYASSIST LIMITED reported net assets of £663.94K for 2023. That compares with £571.31K in 2022, a change of 16.21%.
What total assets did PAYASSIST LIMITED report in 2023?
PAYASSIST LIMITED reported total assets of £750.11K for 2023. That compares with £673.18K in 2022, a change of 11.43%.
What cash in bank did PAYASSIST LIMITED report in 2023?
PAYASSIST LIMITED reported cash in bank of £654.12K for 2023. That compares with £564.62K in 2022, a change of 15.85%.
How many people does PAYASSIST LIMITED employ?
PAYASSIST LIMITED reported 7 employees in 2023, compared with 8 in 2022.
How have PAYASSIST LIMITED financials changed over the last 3 years?
Between 2021 and 2023, PAYASSIST LIMITED's net assets rose by 29.5%, cash in bank rose by 9.5%, total assets rose by 2.1% and total liabilities fell by 61.2%. Net assets compounded at 13.8% a year across the two years to 2023, from £512.51K to £663.94K. Reported headcount went from 9 in 2021 to 7 in 2023 (-2).
Which years of PAYASSIST LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.