PAYLET LTD Financials
- Company number
- 04502107Copy
Copy - Registered office
- 15 Castle Street, Worcester WR1 3AD
- Incorporated
- 02/08/2002
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
34.70%vs 20242024: £296.24K
Total Assets
47.50%vs 20242024: £560.44K
Cash in Bank
136.42%vs 20242024: £171.75K
Total Liabilities
75.20%vs 20242024: £244.08K
Employees
0vs 20242024: 3
In 2025, PAYLET LTD reported net assets of £399.04K. The same filing shows total assets of £826.66K, cash in bank of £406.05K and total liabilities of £427.62K. Reported headcount was 3 in 2025. Total Assets rose from £560.44K in 2024 to £826.66K in 2025 (47.50%). 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
34.70%from £296.24K 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 PAYLET LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+63.4%vs 2023+27.8% a year compound (CAGR)
Total Assets
+61.9%vs 2023+27.2% a year compound (CAGR)
Total Liabilities
+60.5%vs 2023+26.7% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+63.4%
£244.27K in 2023 to £399.04K in 2025
Every measure that changed in PAYLET LTD's filings between 2023 and 2025 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PAYLET 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
- 48.27%2025
- Liabilities to total assets
- 51.73%2025
- Cash to liabilities
- 94.96%2025
- Cash to total assets
- 49.12%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.
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 PAYLET LTD 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£ | 176.57K | 206.12K | 244.27K | 296.24K | 399.04K |
| Total Assets£ | 362.80K | 364.12K | 510.63K | 560.44K | 826.66K |
| Cash in Bank£ | 132.44K | 158.23K | – | 171.75K | 406.05K |
| Total Liabilities£ | 171.30K | 146.06K | 266.36K | 244.08K | 427.62K |
| Employees | 5 | 5 | 3 | 3 | 3 |
PAYLET LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has PAYLET LTD filed financial statements?
Yes. Okredo holds filed figures for PAYLET LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did PAYLET LTD report in 2025?
PAYLET LTD reported net assets of £399.04K for 2025. That compares with £296.24K in 2024, a change of 34.70%.
What total assets did PAYLET LTD report in 2025?
PAYLET LTD reported total assets of £826.66K for 2025. That compares with £560.44K in 2024, a change of 47.50%.
What cash in bank did PAYLET LTD report in 2025?
PAYLET LTD reported cash in bank of £406.05K for 2025. That compares with £171.75K in 2024, a change of 136.42%.
How many people does PAYLET LTD employ?
PAYLET LTD reported 3 employees in 2025, compared with 3 in 2024.
How have PAYLET LTD financials changed over the last 3 years?
Between 2023 and 2025, PAYLET LTD's net assets rose by 63.4%, total assets rose by 61.9%, total liabilities rose by 60.5% and employee numbers was unchanged. Net assets compounded at 27.8% a year across the two years to 2025, from £244.27K to £399.04K. Reported headcount went from 3 in 2023 to 3 in 2025.
Which years of PAYLET LTD financial data are available?
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.