Paypoint Collections Limited
Registered name: PAYPOINT COLLECTIONS LIMITED
Part of Paypoint PLC groupPaypoint Collections Limited made £26.1m revenue and £10.2m profit in the year to 31 Mar 2024.
Paypoint Collections Limited’s revenue fell 10% to £26.1m in the year to 31 Mar 2024, with £10.2m profit and 0 employees. The company is classified under “other business support service activities” and is based in Welwyn Garden City; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Welwyn Garden City, East of England
- Age
- 28 yrs · since 1998
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “PayPoint plc”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £28.5m | £29m | £26.1m |
| Cost of sales | £13.7m | £13.1m | £11.6m |
| Gross profit | £14.8m | £15.9m | £14.6m |
| Operating profit | £12.1m | £12.6m | £12.3m |
| Profit before tax | £12.4m | £13.7m | £13.6m |
| Profit after tax | £11.8m | £11.7m | £10.2m |
| Profit (best available) | £11.8m | £11.7m | £10.2m |
| Staff costs | £770k | £791k | £882k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | 41.5% | 40.2% | 39% |
| Gross margin | 52% | 54.8% | 55.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▲1.8% | ▼10% |
| Profit growth | — | ▼1.4% | ▼12.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £18m | £19.5m | £23.9m |
| Net assets | £18.1m | £23.7m | £5.9m |
| Current assets | £94m | £93.1m | £120m |
| Debtors | £1.9m | £1.1m | £1.5m |
| Deferred income | £480k | £934k | £814k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 39%
- Profit ÷ revenue.
- Gross margin
- 55.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼75%
- Now £5.9m
- Cash at bank
- ▲23%
- Now £23.9m
- Headcount
- —
- Now 0
- Deferred income
- ▼13%
- Now £814k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Paypoint PLCultimate parent75–100%
- Paypoint Collections Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (11)
- Paypoint Network LimitedRev. £76.4m · Profit £9.3m
- Paypoint Retail Solutions LimitedRev. £23.1m · Profit £14.1m
- Handepay Ltd.Rev. £14.8m · Profit £3.4m
- Merchant Rentals LimitedRev. £8.1m · Profit £2.8m
- RSM 2000 LimitedRev. £7.2m · Profit £1.5m
- Collect+ Brand LimitedRev. £6.8m · Profit £5.5m
- Paypoint Payment Services LimitedRev. £3m · Profit £1.5m
- Aperidata LtdFigures not disclosed
- Appreciate LimitedFigures not disclosed
- I-Movo Holdings LimitedRev. — · Profit £4m
- Obconnect LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £10.2m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.