{"name":"PAYAABLE LTD","company_number":"12921042","status":"Active","type":"Private Limited Company","incorporated":"2020-10-02","dissolved":null,"registered_office":"The Featherstone Building, 66 City Road, London, United Kingdom, EC1Y 2AL","postcode":"EC1Y 2AL","sic_codes":[{"code":62012,"description":"Business and domestic software development"}],"principal_activity":null,"previous_names":[],"warnings":["The annual accounts for this company are overdue."],"accounts":{"category":"Audit Exemption Subsidiary","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-09-30"},"employees":{"count":5,"accounts_date":"2023-12-31"},"financials":[{"financial_date":"2023-12-31","net_assets":-2442,"cash":474277,"average_employees":5},{"financial_date":"2022-12-31","net_assets":61420,"cash":1926,"average_employees":4},{"financial_date":"2021-10-31","net_assets":589661,"cash":613413}],"officers":{"current":2,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":null,"outstanding":null},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"PAYAABLE LTD shows high risk due to negative net assets and rising liabilities as of December 2023, signaling solvency concerns. Recent ownership and leadership changes heighten uncertainty despite improved cash levels and good filing compliance. Detailed review of intercompany debts and restructuring context is recommended to clarify financial stability and operational outlook.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/payaable","people":"https://www.companiesintheuk.co.uk/company/payaable/people","filing_history":"https://www.companiesintheuk.co.uk/company/payaable/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/12921042","financials":"https://www.companiesintheuk.co.uk/company/payaable/financial","control":"https://www.companiesintheuk.co.uk/company/payaable/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/payaable/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/payaable"}