PAYROLL SOFTWARE & SERVICES GROUP MIDCO LIMITED

Active Newcastle Upon Tyne

Activities of financial services holding companies

8 employees website.com
Software Enterprise SaaS (ERP, HR, finance) Activities of financial services holding companies
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PAYROLL SOFTWARE & SERVICES GROUP MIDCO LIMITED

Activities of financial services holding companies

Founded 29 Nov 2019 Active Newcastle Upon Tyne, England 8 employees website.com
Software Enterprise SaaS (ERP, HR, finance) Activities of financial services holding companies

Previous Company Names

HILARY MIDCO LIMITED 29 Nov 2019 — 29 Jun 2020
Accounts Submitted 17 Sept 2025 Next due 31 Dec 2026 6 months remaining
Confirmation Submitted 2 Dec 2025 Next due 12 Dec 2026 6 months remaining
Net assets £-9M £4M 2024 year on year
Total assets £18M £5M 2024 year on year
Total Liabilities £27M £835K 2024 year on year
Charges 6
6 outstanding

Contact & Details

Contact

Registered Address

Maling Exchange, Hoults Yard Walker Road Newcastle Upon Tyne NE6 2HL England

Website

www.example.com

Full company profile for PAYROLL SOFTWARE & SERVICES GROUP MIDCO LIMITED (12341584), an active software company based in Newcastle Upon Tyne, England. Incorporated 29 Nov 2019. Activities of financial services holding companies. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Apr → 31 Mar 2025
Type audit-exemption-subsidiary
Next accounts 31 Mar 2026
Due by 31 Dec 2026 6 months remaining

Net Assets, Total Assets & Total Liabilities (2020–2024)

Cash in Bank

N/A

Net Assets

-£9.03M

Decreased by £4.42M (-96%)

Total Liabilities

£26.80M

Decreased by £834.65k (-3%)

Turnover

N/A

Employees

8

Increased by 1 (+14%)

Debt Ratio

151%

Increased by 31 (+26%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
31 Mar Year End
2023
31 Mar Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 88,000 Shares £88k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
20 Dec 201988,000£88k£88k

Officers

Officers

2 active 1 resigned
Status
Eric Maurice DunmoreDirectorBritishUnited Kingdom6320 Dec 2019Active
Michelle MarinosDirectorBritishEngland5425 Mar 2021Active

Shareholders

Shareholders (1)

Pssg Topco Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Notified 29 Nov 2019
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

PAYROLL SOFTWARE & SERVICES GROUP MIDCO LIMITED Current Company

Charges

Charges

6 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
5 Jan 2026OfficersTermination of Sebastian Aspland as director on 31 Dec 2025
2 Dec 2025Confirmation StatementConfirmation statement made on 28 Nov 2025 with no updates
17 Sept 2025OtherNotice of agreement to exemption from audit of accounts for period ending 31/03/25
17 Sept 2025OtherAudit exemption statement of guarantee by parent company for period ending 31/03/25
17 Sept 2025AccountsAnnual accounts made up to 31 Mar 2025
5 Jan 2026 Officers

Termination of Sebastian Aspland as director on 31 Dec 2025

2 Dec 2025 Confirmation Statement

Confirmation statement made on 28 Nov 2025 with no updates

17 Sept 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 31/03/25

17 Sept 2025 Other

Audit exemption statement of guarantee by parent company for period ending 31/03/25

17 Sept 2025 Accounts

Annual accounts made up to 31 Mar 2025

Recent Activity

Latest Activity

Termination of Sebastian Aspland as director on 31 Dec 2025

5 months ago on 5 Jan 2026

Confirmation statement made on 28 Nov 2025 with no updates

6 months ago on 2 Dec 2025

Notice of agreement to exemption from audit of accounts for period ending 31/03/25

8 months ago on 17 Sept 2025

Audit exemption statement of guarantee by parent company for period ending 31/03/25

8 months ago on 17 Sept 2025

Annual accounts made up to 31 Mar 2025

8 months ago on 17 Sept 2025