£5.25m
+33%vs Oct 2024Active02518342Private limited companyBlyth
READYPAY LIMITED
A88/10001
Summary
READYPAY LIMITED is an active private limited company (company number 02518342) incorporated on 4 July 1990, registered in Blyth. Its registered activity is renting and leasing of cars and light motor vehicles (SIC 77110). Latest small accounts cover the period ending 31 October 2025, showing net assets of £5.25m and cash of £715k, with 25 employees on average. Net assets rose 33% on the prior period (£3.94m).
Peer position · net assets
By net assets it sits in the top quarter of 50 comparable companies in Newcastle (median £1,017, upper quartile £21k).
02
Key dates
- Incorporated
- 4 July 199036 yrs ago
- Next accounts due
- 31 July 2027in 282 days
- Confirmation statement due
- 18 July 2027in 269 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 77110
- Renting and leasing of cars and light motor vehicles
- Accounts type
- Total Exemption Full
- Size band
- SmallCompanies Act thresholds
04
Financials
£715k
−14%vs Oct 2024Not reported
25
+14%vs Oct 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | £5.25m | £715k | £4.43m | £926k | — | — | 25 |
| 31 October 2024 | £3.94m | £827k | £2.62m | £946k | — | — | 22 |
Current ratio5.59Comfortable
Cash per employee£29kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
88 / 100 · grade A
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £5,246,374 at 2025-10-31 |
| +8 | Net assets growing+33.2% vs prior period |
| +8 | Comfortable liquidityCurrent ratio 5.59 |
| +4 | Cash reservesCash £714,522 |
| +8 | EstablishedIncorporated 1990-07-04 (36 years) |
| 88 | Score, grade A |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Phoenix Taxis Group Limited
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Alexander Hugh Magill Hurst
- owns 75–100% of shares
- holds 75–100% of voting rights
- Mr Hugh Magill Hurst
- owns 50–75% of shares
- holds 50–75% of voting rights
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 282 days
- Confirmation statement duein 269 days
- Accounts period endNet assets £5.25m · small accounts
- Accounts period endNet assets £3.94m · small accounts
- Incorporated
08
Similar companies in Newcastle
- PHOENIX TAXIS (NORTH EAST) LIMITEDBlyth · inc. Feb 1985
- PARKERS (NORTH EAST) LIMITEDSunderland · inc. Jun 1998
- VEHICLE LEASE AND SERVICE LIMITEDRoyal Quays · inc. Aug 1998
- DK ASSIST LTDCramlington · inc. Jun 1999
- ON-HIRE LIMITEDNewcastle Upon Tyne · inc. Jan 2000
- A & B GARAGE SERVICES LIMITEDNorth Shields · inc. Aug 2003
All companies incorporated on 4 July 1990 · in Jul 1990.
09
Reminders for READYPAY LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.