Simple Paye Ltd
Registered name: SIMPLE PAYE LTD
Simple Paye Ltd made £36.3k revenue and £946 profit in the year to 30 Sep 2024.
Simple Paye Ltd’s revenue fell 26% to £36.3k in the year to 30 Sep 2024, with £946 profit and 2 employees. The company is classified under “management consultancy activities other than financial management” and is based in Pershore; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Pershore, West Midlands
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £34k | £49.4k | £36.3k |
| Profit after tax | £17.2k | £5.8k | £946 |
| Profit (best available) | £17.2k | £5.8k | £946 |
| Staff costs | £11.9k | £33.1k | £25.5k |
| Employees (average) | — | 2 | 2 |
| Ratios | |||
| Profit margin | 50.6% | 11.8% | 2.6% |
| Revenue per employee | — | £24.7k | £18.2k |
| Profit per employee | — | £2.9k | £473 |
| Growth (year on year) | |||
| Revenue growth | — | ▲45% | ▼26.4% |
| Profit growth | — | ▼66.3% | ▼83.7% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£547 | £2.6k | £2.4k |
| Fixed assets | — | £0 | £0 |
| Current assets | £1.6k | £2.8k | £2.6k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £18.2k
- Revenue ÷ average employees.
- Profit per employee
- £473
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼8%
- Now £2.4k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £946), from the Companies House accounts bulk data published Aug 2025. 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.