# PAYRECAI LIMITED (NI685698)

> PAYRECAI LIMITED is an active private limited company (company number NI685698) incorporated on 10 February 2022, registered in Belfast. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 28 February 2025, showing net assets of −£287k and cash of £115k, with 2 employees on average. Net assets fell 109% on the prior period (−£137k).

- Status: Active
- Incorporated: 2022-02-10
- Registered office: Belfast, BT5 5AD
- SIC 62012: Business and domestic software development
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-24
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 609 comparable companies in Belfast (median £2,337, upper quartile £55k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | −£287k | £115k | £9,217 | — | — | — | 2 |
| 2024-02-28 | −£137k | £48k | £8,910 | — | — | — | 2 |

size band micro.

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

- Net assets below zero: Net assets £-287,336 at 28 February 2025
- Net assets down 25% or more on the prior period: -109.5% vs prior period
- Cash at bank of £50,000 or more: Cash £115,272
- Incorporated two to five years ago: Incorporated 10 February 2022

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

## Persons with significant control

- Paul Gerard Burke — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-02-10
- Kingsdown Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2025-11-20

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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/NI685698
HTML: https://firmoscan.com/company/NI685698-payrecai-limited