# A.B PAYNE LTD (12379257)

> A.B PAYNE LTD is an active private limited company (company number 12379257) incorporated on 30 December 2019, registered in Newport. Its registered activity is plumbing, heat and air-conditioning installation (SIC 43220). Latest micro accounts cover the period ending 31 December 2024, showing net assets of −£695, 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 34850% on the prior period (£2).

- Status: Active
- Incorporated: 2019-12-30
- Registered office: Newport, NP19 7SJ
- SIC 43220: Plumbing, heat and air-conditioning installation
- SIC 68201: Renting and operating of Housing Association real estate
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-01-13
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 510 comparable companies in Cardiff (median £3,182, upper quartile £28k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£695 | — | — | £19k | — | — | 0 |
| 2023-12-31 | £2 | — | — | £12k | — | — | 0 |

current ratio 1.75; size band micro.

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

- Net assets below zero: Net assets £-695 at 31 December 2024
- Net assets down 25% or more on the prior period: -34850.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.75
- Incorporated five or more years ago: Incorporated 30 December 2019
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Billy Graham Payne — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2019-12-30

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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/12379257
HTML: https://firmoscan.com/company/12379257-a-b-payne-ltd