PAYNE ELECTRICS LTD

Company number 12890870 · Active

PAYNE ELECTRICS LTD is a private limited company registered in STREET, United Kingdom, incorporated on 18 Sep 2020. Its registered activity is electrical installation. Its latest published accounts for the period ending 5 Apr 2026 show equity of £21k, total assets of £34k. It has filed 6 sets of accounts. 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

Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Industry2.0×43 · 0.23 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Current liabilities ÷ assets1.5×0.186967–0.523499 · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent
Equity ratio1.3×0.289275–0.742974 · 0.15 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Region0.4×BA · 0.05 % became insolvent
Days since last period end0.6×< 246 · 0.06 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 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
12890870 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
18 Sep 2020 (6 years)
Registered address
BA16 0ER STREET
Postcode area
Bath
Activity
43210 Electrical installation
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
5 Apr 20262 Sep 2026– –£21k£34k £13k–2
5 Apr 202515 May 2025– –£12k£49k £28k–2
5 Apr 202415 Jun 2024– –£21k£65k £32k–3
5 Apr 202315 Nov 2023– –£42k£74k £17k–3
5 Apr 202215 May 2022– –£34k£54k £20k–3
5 Apr 202115 May 2021– –£5,506£19k £14k–3

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

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Questions about PAYNE ELECTRICS LTD

What is the company number of PAYNE ELECTRICS LTD?

PAYNE ELECTRICS LTD is registered under company number 12890870 in the official register of United Kingdom. View it at the official register.

Is PAYNE ELECTRICS LTD still active?

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

Has PAYNE ELECTRICS LTD gone bankrupt or into insolvency?

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

How likely is PAYNE ELECTRICS LTD to become insolvent?

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

When was PAYNE ELECTRICS LTD founded?

PAYNE ELECTRICS LTD was incorporated on 18 Sep 2020.

Where is PAYNE ELECTRICS LTD registered?

PAYNE ELECTRICS LTD's registered address is in BA16 0ER STREET (Bath), United Kingdom.

What do the latest accounts of PAYNE ELECTRICS LTD show?

The latest published accounts (period ending 5 Apr 2026) show equity of £21k, total assets of £34k, 2 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.