£21
−79%vs Feb 2024Active - Proposal to Strike offSC759975Private limited companyHamilton
PAY WAY LIMITED
E31/100Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved.
01
Summary
PAY WAY LIMITED is an active (proposal to strike off) private limited company (company number SC759975) incorporated on 23 February 2023, registered in Hamilton. Its registered activity is bookkeeping activities (SIC 69202). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £21, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 79% on the prior period (£100).
Peer position · net assets
By net assets it sits in the lower half of 149 comparable companies in Glasgow (median £792, upper quartile £9,588).
02
Key dates
- Incorporated
- 23 February 20233 yrs ago
- Next accounts due
- 28 November 2026in 37 days
- Confirmation statement due
- 9 March 2027in 138 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 69202
- Bookkeeping activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
0
Not reported the period before| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | £21 | — | — | £500 | — | — | 0 |
| 28 February 2024 | £100 | — | — | — | — | — | — |
Current ratio1.04Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Firmoscan score
31 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £21 at 2025-02-28 |
| −8 | Net assets falling-79.0% vs prior period |
| +4 | Past first filingsIncorporated 2023-02-23 |
| −25 | Status not ActiveActive - Proposal to Strike off |
| 31 | Score, grade E |
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
- Mr John Thomson
- owns 75–100% of shares
- holds 75–100% 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
- Confirmation statement duein 138 days
- Next accounts duein 37 days
- Accounts period endNet assets £21 · micro accounts
- Accounts period endNet assets £100 · dormant accounts
- Incorporated
08
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All companies incorporated on 23 February 2023 · in Feb 2023.
09
Reminders for PAY WAY LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.