Payco Services Ltd in Sheffield, S1 4EH

Description

Data updated on: 01-11-2023

The moment the company was started is Tue, 5th Apr 2005. Started under company registration number 05414224, the firm operates as a Private Limited Company. You may visit the office of this firm during business times under the following location: Mandale House 28 Bailey Street, S1 4EH Sheffield. nine years ago the firm changed its registered name from Uk Payco Contractors to Payco Services Ltd. This business's SIC and NACE codes are 78300 - Human resources provision and management of human resources functions. 2022-10-31 is the last time company accounts were filed.

On 2016-06-09, the company was searching for a 180 Driver with CPCS - Darlington to fill a full time position in the infrastructure construction in Darlington, Tyne-Tees. The offered job required experienced worker and a professional qualification or accreditation. Payco Services required people with minimum one year of working experience.

Currently, we have only a single managing director in the company: Keith H. (since Tue, 9th Mar 2021). That company had been supervised by David A. until 3 years ago. What is more another director, including Sandra C. resigned in August 2020.

Previous company's names
Payco Services Ltd 2015-03-31
Uk Payco Contractors Ltd 2005-04-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency

Balance Sheet
Cash Bank On Hand	371 742	569 833	1 284 269	730 793	1 473	4 514
Current Assets	1 666 055	1 468 935	2 558 026	2 870 118	1 352 465	18 926
Debtors	1 294 313	899 102	1 273 757	2 139 325	1 350 992	14 412
Net Assets Liabilities	-162 271	-113 999	-103 140	17 770	-15 349
Other Debtors	52 696	43 078	63 878	13 878	13 954	14 412
Property Plant Equipment	404 086	413 262	402 404	378 373

Other Financial Data
Audit Fees Expenses	8 800	6 950	6 237	7 459	2 743
Amount Specific Advance Or Credit Directors	20 086	20 921
Amount Specific Advance Or Credit Made In Period Directors	9 480	835
Director Remuneration	58 134	82 433	71 300	21 688
Accrued Liabilities Deferred Income	81 074	90 361	84 433	91 963	22 767
Accumulated Depreciation Impairment Property Plant Equipment	89 928	88 548	101 996	104 699
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		2 194	-1 694		-6 293
Administrative Expenses	641 976	666 601	678 329	574 783	880 603
Amounts Owed By Group Undertakings	349 585	150 174		2 068 167	1 329 107
Amounts Owed To Group Undertakings			109 056	2 499	720 000	9 490
Applicable Tax Rate	20	19	19	19	19
Average Number Employees During Period	340	291	225	121	41	2
Bank Borrowings	155 619	11 173	11 700	12 576
Bank Borrowings Overdrafts	155 619	144 347	132 430	118 979
Cash Cash Equivalents Cash Flow Value	371 742
Comprehensive Income Expense	32 280	48 272	10 880	120 910	-33 119
Corporation Tax Payable	23 954	10 035	4 575	33 741
Cost Sales	36 473 053	36 721 806	50 809 870	37 082 162	15 927 342
Creditors	155 619	144 347	132 430	895 576	1 367 814	54 520
Current Tax For Period	20 647	10 035	4 575	33 741
Decrease From Reversal Impairment Loss Recognised In Profit Or Loss Property Plant Equipment		35 135
Deferred Tax Liabilities	5 876	8 070	6 376	6 293
Depreciation Amortisation Expense	11 898	14 404
Depreciation Expense Property Plant Equipment	11 898	14 404	13 448	12 996	6 944
Disposals Decrease In Depreciation Impairment Property Plant Equipment		31 046		10 293	111 643
Disposals Property Plant Equipment		38 070		12 921	484 547
Future Minimum Lease Payments Under Non-cancellable Operating Leases	14 365	5 702	3 111	2 982	1 514
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-10 300	-1 880	4 576	-7 809
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	196 107	-213 219
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-38 462	51 898
Gain Loss On Disposal Assets Income Statement Subtotal		-7 024
Gain Loss On Disposals Property Plant Equipment		-7 024		-2 573	-34 904
Gross Profit Loss	688 228	726 998	850 719	242 783	243 202
Income Taxes Paid Refund Classified As Operating Activities	-31 615	-23 954
Increase Decrease Due To Transfers Between Classes Property Plant Equipment		50 397
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-136 132	198 091
Increase From Depreciation Charge For Year Property Plant Equipment		14 404	13 448	12 996	6 944
Interest Expense On Bank Loans Similar Borrowings	6 530	6 551	6 439	5 448	4 788
Interest Paid Classified As Operating Activities	-6 530	-6 551
Interest Payable Similar Charges Finance Costs	6 530	6 551	6 439	5 448	4 788
Key Management Personnel Compensation Total		82 433	73 474	26 267
Net Cash Flows From Used In Financing Activities	370 358	-332 041
Net Cash Flows From Used In Investing Activities	-7 097	23 949
Net Cash Flows From Used In Operating Activities	-227 129	110 001
Net Cash Generated From Operations	-265 274	79 496
Net Current Assets Liabilities	-404 862	-374 844	-366 738	541 266	-15 349	-35 594
Net Interest Received Paid Classified As Investing Activities	-12 524	-6 655
Number Shares Issued Fully Paid		21	21
Operating Profit Loss	46 252	60 397	172 390	132 016	-634 624
Other Creditors	43 840	648 663	1 318 734	47 394	37 855	20 412
Other Deferred Tax Expense Credit	-681	2 194	-1 694	-83	-6 293
Other Interest Receivable Similar Income Finance Income	12 524	6 655
Other Taxation Social Security Payable	573 613	506 185	530 133	335 309	609 251	24 618
Par Value Share		1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	40 584	87 805	139 197	99 529	36 472
Prepayments Accrued Income	66 825	28 017	16 059	8 934	76
Proceeds From Borrowings Classified As Financing Activities	349 585	5 437
Profit Loss	32 280	48 272	10 880	142 910	-33 119
Profit Loss On Ordinary Activities Before Tax	52 246	60 501	13 761	176 568	-39 412
Property Plant Equipment Gross Cost	494 014	501 810	504 400	483 072
Provisions	5 876	8 070	6 376	6 293
Provisions For Liabilities Balance Sheet Subtotal	5 876	8 070	6 376	6 293
Purchase Property Plant Equipment	-5 427	-30 604
Repayments Borrowings Classified As Financing Activities	-11 293	-11 272
Restructuring Costs			152 190	-50 000
Social Security Costs	1 392 217	1 215 808	1 051 461	722 851	244 427
Staff Costs Employee Benefits Expense	16 880 101	15 096 786	13 103 335	8 596 376	2 868 070
Tax Expense Credit Applicable Tax Rate	10 449	11 495	2 615	33 548	-7 488
Tax Increase Decrease From Effect Capital Allowances Depreciation	9 931			-10	1 130
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	209	734	266	120
Tax Tax Credit On Profit Or Loss On Ordinary Activities	19 966	12 229	2 881	33 658	-6 293
Total Additions Including From Business Combinations Property Plant Equipment		30 605	2 590	13 593	1 475
Total Assets Less Current Liabilities	-776	38 418	35 666	919 639	-15 349	-35 594
Total Operating Lease Payments	2 194 676	1 474 460	1 360 470	769 197	309 116
Trade Creditors Trade Payables	588 765	30 820	71 422	17 668	708
Trade Debtors Trade Receivables	805 121	656 912	1 193 820	48 346	7 931
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment		50 397
Turnover Revenue	37 161 281	37 448 804	51 660 589	37 788 961	16 170 544
Wages Salaries	15 447 300	13 793 173	11 912 677	7 773 996	2 587 171
Additional Provisions Increase From New Provisions Recognised				-83
Bank Overdrafts				806
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax				-22 000
Gain Loss On Disposals Intangible Assets					600 000
Other Comprehensive Income Expense Net Tax				-22 000
Other Operating Income Format1				464 016	2 777
Tax Decrease From Utilisation Tax Losses					-65
Total Borrowings			11 700	13 382
Total Increase Decrease From Revaluations Property Plant Equipment				-22 000