WORKPAYS LIMITED Financials
- Company number
- 07387325Copy
Copy - Registered office
- Floors 1 And 2 4 Babington Lane, Derby, Derbyshire DE1 1SU
- Incorporated
- 24/09/2010
Company snapshot
- Status
- Active
- Employees
- 1 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
144.86%vs 20242024: £608.14K
Total Assets
4.84%vs 20242024: £2.78M
Cash in Bank
-33.21%vs 20242024: £829.67K
Total Liabilities
-34.29%vs 20242024: £2.18M
Employees
0vs 20242024: 1
In 2025, WORKPAYS LIMITED reported net assets of £1.49M. The same filing shows total assets of £2.92M, cash in bank of £554.12K and total liabilities of £1.43M. Reported headcount was 1 in 2025. Net Assets rose from £608.14K in 2024 to £1.49M in 2025 (144.86%). 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
144.86%from £608.14K 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 WORKPAYS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+130%vs 2023+51.8% a year compound (CAGR)
Cash in Bank
-3.6%vs 2023-1.8% a year compound (CAGR)
Total Assets
+25%vs 2023+11.8% a year compound (CAGR)
Total Liabilities
-15.4%vs 2023-8% a year compound (CAGR)
Employees
-99.2%vs 2023-127Biggest increase
Net Assets+130%
£646.39K in 2023 to £1.49M in 2025
Biggest decrease
Employees-99.2%
128 in 2023 to 1 in 2025
WORKPAYS LIMITED's filings pull in both directions between 2023 and 2025. 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 WORKPAYS 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
- 51.01%2025
- Liabilities to total assets
- 48.99%2025
- Cash to liabilities
- 38.75%2025
- Cash to total assets
- 18.98%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 WORKPAYS 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£ | 1.69M | 1.39M | 646.39K | 608.14K | 1.49M |
| Total Assets£ | 3.21M | 3.08M | 2.34M | 2.78M | 2.92M |
| Cash in Bank£ | 1.25M | 1.10M | 574.75K | 829.67K | 554.12K |
| Total Liabilities£ | 1.52M | 1.69M | 1.69M | 2.18M | 1.43M |
| Employees | 91 | 131 | 128 | 1 | 1 |
WORKPAYS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has WORKPAYS LIMITED filed financial statements?
Yes. Okredo holds filed figures for WORKPAYS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did WORKPAYS LIMITED report in 2025?
WORKPAYS LIMITED reported net assets of £1.49M for 2025. That compares with £608.14K in 2024, a change of 144.86%.
What total assets did WORKPAYS LIMITED report in 2025?
WORKPAYS LIMITED reported total assets of £2.92M for 2025. That compares with £2.78M in 2024, a change of 4.84%.
What cash in bank did WORKPAYS LIMITED report in 2025?
WORKPAYS LIMITED reported cash in bank of £554.12K for 2025. That compares with £829.67K in 2024, a change of -33.21%.
How many people does WORKPAYS LIMITED employ?
WORKPAYS LIMITED reported 1 employee in 2025, compared with 1 in 2024.
How have WORKPAYS LIMITED financials changed over the last 3 years?
Between 2023 and 2025, WORKPAYS LIMITED's net assets rose by 130%, cash in bank fell by 3.6%, total assets rose by 25% and total liabilities fell by 15.4%. Net assets compounded at 51.8% a year across the two years to 2025, from £646.39K to £1.49M. Reported headcount went from 128 in 2023 to 1 in 2025 (-127).
Which years of WORKPAYS LIMITED 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.