PAYTECH NEO UK LTD Financials
- Company number
- SC633595CopyCopy
- Registered office
- 8 Albany Street, Edinburgh EH1 3QB
- Incorporated
- 17/06/2019
Company snapshot
- Status
- Active
- Employees
- 1 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-39.19%vs 20232023: £55.37K
Total Assets
108.83%vs 20232023: £79.07K
Cash in Bank
-73.64%vs 20212021: £28.90K
Total Liabilities
454.58%vs 20232023: £23.70K
Employees
-7vs 20232023: 8
In 2024, PAYTECH NEO UK LTD reported net assets of £33.67K. The same filing shows total assets of £165.12K, cash in bank of £7.62K and total liabilities of £131.45K. Reported headcount was 1 in 2024. Total Liabilities rose from £23.70K in 2023 to £131.45K in 2024 (454.58%). Okredo holds filed figures for 2021–2024; 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
-39.19%from £55.37K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PAYTECH NEO UK LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+546%vs 2022+154% a year compound (CAGR)
Total Assets
+37.3%vs 2022+17.2% a year compound (CAGR)
Total Liabilities
+29%vs 2022+13.6% a year compound (CAGR)
Employees
-90%vs 2022-9Biggest increase
Net Assets+546%
£5.22K in 2022 to £33.67K in 2024
Biggest decrease
Employees-90%
10 in 2022 to 1 in 2024
PAYTECH NEO UK LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PAYTECH NEO UK 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
- 20.39%2024
- 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
- 79.61%2024
- 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
- 7.47%2022
- 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
- 6.33%2022
- 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 PAYTECH NEO UK LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 338.95K | 5.22K | 55.37K | 33.67K |
| Total Assets£ | 471.05K | 120.25K | 79.07K | 165.12K |
| Cash in Bank£ | 28.90K | 7.62K | – | – |
| Total Liabilities£ | 116.77K | 101.92K | 23.70K | 131.45K |
| Employees | 24 | 10 | 8 | 1 |
PAYTECH NEO UK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PAYTECH NEO UK LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PAYTECH NEO UK LTD reported net assets of £33.67K for 2024. That compares with £55.37K in 2023, a change of -39.19%.
PAYTECH NEO UK LTD reported total assets of £165.12K for 2024. That compares with £79.07K in 2023, a change of 108.83%.
PAYTECH NEO UK LTD reported cash in bank of £7.62K for 2022. That compares with £28.90K in 2021, a change of -73.64%.
PAYTECH NEO UK LTD reported 1 employee in 2024, compared with 8 in 2023.
Between 2022 and 2024, PAYTECH NEO UK LTD's net assets rose by 546%, total assets rose by 37.3%, total liabilities rose by 29% and employee numbers fell by 90%. Net assets compounded at 154% a year across the two years to 2024, from £5.22K to £33.67K. Reported headcount went from 10 in 2022 to 1 in 2024 (-9).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.