PAYDRIVE LTD

Company number 12619205 · Active

PAYDRIVE LTD is a private limited company registered in FAREHAM, United Kingdom, incorporated on 22 May 2020. Its registered activity is other information service activities n.e.c.. Its latest published accounts for the period ending 31 May 2025 show equity of £8,450, total assets of £1,876. It has filed 5 sets of accounts, 5 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

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
Accounts filed2.9×3–6 · 0.34 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent
Region0.8×PO · 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
12619205 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
22 May 2020 (6 years)
Registered address
PO16 8UP FAREHAM
Postcode area
Portsmouth
Activity
63990 Other information service activities n.e.c.
Industry
Information service activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 May 2026– –£8,450£1,876 £10k£261
31 May 202415 Apr 2025– –£3,775£16k £12k£1120
31 May 202315 May 2024– –£8,238£53k £45k£1,5570
31 May 202215 Apr 2023– –£5,661£51k £45k£3580
31 May 202115 May 2022– –£1,461£47k £45k£3030

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

Similar companies in Portsmouth

Questions about PAYDRIVE LTD

What is the company number of PAYDRIVE LTD?

PAYDRIVE LTD is registered under company number 12619205 in the official register of United Kingdom. View it at the official register.

Is PAYDRIVE LTD still active?

Yes. PAYDRIVE LTD is registered as active (status: Active).

Has PAYDRIVE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PAYDRIVE LTD in the official data.

How likely is PAYDRIVE LTD to become insolvent?

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

When was PAYDRIVE LTD founded?

PAYDRIVE LTD was incorporated on 22 May 2020.

Where is PAYDRIVE LTD registered?

PAYDRIVE LTD's registered address is in PO16 8UP FAREHAM (Portsmouth), United Kingdom.

What do the latest accounts of PAYDRIVE LTD show?

The latest published accounts (period ending 31 May 2025) show equity of £8,450, total assets of £1,876, 1 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.