RITE PAY SERVICES LTD

Company number 12407860 · Active (Active - Proposal to Strike off)

RITE PAY SERVICES LTD is a private limited company registered in MANCHESTER, United Kingdom, incorporated on 16 Jan 2020. Its registered activity is other business support service activities n.e.c.. Its latest published accounts for the period ending 31 Jan 2021 show equity of −£13k, total assets of £95k. It has filed 1 set of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Employees7.0×≥ 8 · 0.81 % became insolvent
Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent

Lowers the risk

Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
12407860 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
16 Jan 2020 (7 years)
Registered address
M3 2EN MANCHESTER
Postcode area
Manchester
Activity
82990 Other business support service activities n.e.c.
Industry
Office administrative and business support
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202115 Jan 2022– –−£13k£95k £65k£52225

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Manchester

Questions about RITE PAY SERVICES LTD

What is the company number of RITE PAY SERVICES LTD?

RITE PAY SERVICES LTD is registered under company number 12407860 in the official register of United Kingdom. View it at the official register.

Is RITE PAY SERVICES LTD still active?

Yes. RITE PAY SERVICES LTD is registered as active (status: Active - Proposal to Strike off).

Has RITE PAY SERVICES LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for RITE PAY SERVICES LTD in the official data.

How likely is RITE PAY SERVICES LTD to become insolvent?

Our model estimates a 0.00 % probability that RITE PAY SERVICES LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was RITE PAY SERVICES LTD founded?

RITE PAY SERVICES LTD was incorporated on 16 Jan 2020.

Where is RITE PAY SERVICES LTD registered?

RITE PAY SERVICES LTD's registered address is in M3 2EN MANCHESTER (Manchester), United Kingdom.

What do the latest accounts of RITE PAY SERVICES LTD show?

The latest published accounts (period ending 31 Jan 2021) show equity of −£13k, total assets of £95k, 25 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.