# SMART PAY SYSTEMS LIMITED (12218882)

> SMART PAY SYSTEMS LIMITED is an active private limited company (company number 12218882) incorporated on 20 September 2019, registered in London. Its registered activity is other activities of employment placement agencies (SIC 78109). Latest micro accounts cover the period ending 30 September 2025, showing net assets of £6,391, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 63% on the prior period (£17k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2019-09-20
- Registered office: London, EC3N 3DS
- SIC 78109: Other activities of employment placement agencies
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-10-04
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 3,711 comparable companies in London (median £4,228, upper quartile £59k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £6,391 | — | — | £8,375 | — | — | 3 |
| 2024-09-30 | £17k | — | — | — | — | — | 3 |
| 2023-09-30 | £18k | — | — | — | — | — | 3 |

current ratio 0.24; net assets trend falling; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £6,391 at 30 September 2025
- Net assets down 25% or more on the prior period: -63.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.24
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 20 September 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Abul Imam — owns 75–100% of shares, since 2019-09-20

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12218882
HTML: https://firmoscan.com/company/12218882-smart-pay-systems-limited