Payfacto Uk Ltd in Glasgow, G2 6TS

Description

Data updated on: 01-11-2023

The company known as Payfacto Uk was founded on 1999-05-12 as a Private Limited Company. This company's headquarters can be contacted at Glasgow on Suite 2, 2nd Floor The Mercantile Building, 53 Bothwell Street. When you need to reach the business by mail, its postal code is G2 6TS. The office registration number for Payfacto Uk Ltd is SC196174. This firm switched its registered name two times. Until 2021 it has been working on providing the services it's been known for as Posera Europe but at this moment it is registered under the business name Payfacto Uk Ltd. This company's SIC code is 62011 which means Ready-made interactive leisure and entertainment software development. The company's latest annual accounts cover the period up to Friday 31st March 2023 and the most current annual confirmation statement was submitted on Friday 12th May 2023.

Given this enterprise's constant expansion, it was necessary to appoint new company leaders: Martin L. and Denis R. who have been working as a team since 2020-02-29 to promote the success of the following company.

Previous company's names
Payfacto Uk Ltd 2021-04-01
Posera Europe Limited 2004-06-23
Forth Cash Systems Limited 1999-05-12

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	59 173	138 351	324 777	329 133	61 223	82 817	263 839	114 058
Current Assets	336 857	346 556	538 004	557 202	201 709	143 704	490 391	354 022
Debtors	255 840	162 971	174 262	188 028	119 353	49 063	178 504	209 347
Net Assets Liabilities	165 719	183 541	341 254	374 812	30 310	-80 557	88 118	233 522
Property Plant Equipment	6 317	4 097	2 201	7 592	4 179	1 302	8 978	55 822
Total Inventories	21 844	45 234	38 965	40 041	21 133	11 824	48 048	30 617
Other Debtors								102 782

Other Financial Data
Accrued Liabilities Deferred Income	23 519	18 506	39 709	38 563	49 918	65 902	100 292	62 930
Accumulated Depreciation Impairment Property Plant Equipment	123 599	11 786	15 089	18 465	7 269	10 211	11 490	21 864
Average Number Employees During Period	12	12	12	12	12	12	13	11
Balances Amounts Owed To Related Parties			9 836	34 785
Corporation Tax Payable	41 239	5 077	38 018	8 573			28 644	20 210
Creditors	176 866	166 846	198 951	188 893	175 578	43 333	33 333	23 333
Disposals Decrease In Depreciation Impairment Property Plant Equipment		116 041				293
Disposals Property Plant Equipment		116 040				584
Finished Goods	21 844	45 234	38 965	40 041	21 133	11 824	48 048	30 617
Future Minimum Lease Payments Under Non-cancellable Operating Leases	21 000	21 000	21 000	21 000	21 000	7 000	21 000	26 333
Increase From Depreciation Charge For Year Property Plant Equipment		4 228	3 303	3 376		3 235	1 279	10 374
Net Current Assets Liabilities	159 991	179 710	339 053	368 309	26 131	-86 026	76 940	188 400
Other Taxation Social Security Payable	8 041	11 347	12 313	12 308	10 481	9 287	11 155	11 355
Prepayments	5 462	26 919	24 275	19 912	16 085	10 303	9 139	1 095
Property Plant Equipment Gross Cost	129 916	15 883	17 290	26 057	11 448	11 513	20 468	77 686
Provisions	589	266
Provisions For Liabilities Balance Sheet Subtotal	589	266		1 089			1 967	14 867
Total Additions Including From Business Combinations Property Plant Equipment		2 007	1 407	8 767		649	8 955	57 218
Total Assets Less Current Liabilities	166 308	183 807	341 254	375 901	30 310	-37 224	123 418	271 722
Trade Creditors Trade Payables	57 023	106 384	55 053	58 278	72 586	23 207	121 240	19 974
Trade Debtors Trade Receivables	69 936	15 029	1 775	168 116	103 268	38 760	169 365	105 470
Value-added Tax Payable			44 022	36 386	22 397	29 049	42 120	21 754
Accumulated Amortisation Impairment Intangible Assets						2 500	12 500	22 500
Amounts Owed To Group Undertakings Participating Interests					20 196	95 618	100 000	19 399
Bank Borrowings						3 333
Bank Borrowings Overdrafts						3 333	10 000	10 000
Fixed Assets					4 179	48 802	46 478	83 322
Increase From Amortisation Charge For Year Intangible Assets						2 500	10 000	10 000
Intangible Assets						47 500	37 500	27 500
Intangible Assets Gross Cost						50 000	50 000
Total Additions Including From Business Combinations Intangible Assets						50 000

Company staff

Martin L.

Role: Director

Appointed: 29 February 2020

Latest update: 2 February 2024

Role: Director

Appointed: 12 May 1999

Resigned: 25 April 2005

Latest update: 2 February 2024

People with significant control

The companies with significant control over this firm are: Payfacto Inc owns over 3/4 of company shares. This business can be reached in Verdun at Place Du Commerce Suite 402, H3E 1A2, Quebec.

Payfacto Inc

Address: 1 Place Du Commerce Suite 402, Verdun, Quebec, H3E 1A2, Canada

Legal authority Quebec

Legal form Private Limited Company

Notified on 31 January 2020

Nature of control:

over 3/4 of shares

Posera Ltd

Address: Unit 4 1106 Dearness Drive, London, Ontario, N6E1N9, Canada

Legal authority Province Of Ontario

Legal form Limited Company

Country registered Canada

Place registered Ontario Corporation

Registration number 1962519

Notified on 6 April 2016

Ceased on 31 January 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	26 May 2024
Confirmation statement last made up date	12 May 2023

Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023

Payfacto Uk Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Martin L.

Denis R.

Allen S.

Kevin M.

James G.

Michel C.

Allen S.

Jean C.

Herve B.

Nichola H.

Francoise N.

Anthony M.

People with significant control

Payfacto Inc

Posera Ltd

Accounts Documents

Company filings

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