Payflow Ltd

Payflow Ltd is a small, active company based in Southampton, UK, founded ten years ago in 2014. With two employees and £2,846,761 in assets, it operates from a real address within the Ocean Village Innovation Centre. The company is led by a single director and owner, Edwards Stuart, who also serves as the solo founder. Payflow Ltd regularly imports wood and wood products, with the last import operation recorded in 2018.

The company’s website describes Payflow Group as industry-leading experts in recruitment finance and payroll, offering all-inclusive, bespoke solutions for recruitment businesses. It caters to SMEs with flexible payroll funding and provides umbrella employment services for contractors and freelancers. The website highlights its experience, having funded over £50 million in invoices and processed over 200,000 payroll transactions, serving sectors like healthcare, hospitality, and construction. Testimonials from clients emphasize the company’s flexibility and customer service.

Financially, Payflow Ltd shows a mixed picture. Cash bank on hand dropped significantly by 71%, falling to £41,000. Creditors increased by 28%, reaching £1.8 million, while current assets rose by 22% to £2.8 million. Net assets liabilities also increased by 12% to £1.1 million. Despite these changes, the company’s small size (meeting two of three conditions for a small company) allows for agility. The accounts are abridged and unaudited, exempt due to its size, and no auditor is mentioned.

Overall, Payflow Ltd appears to be navigating a period of change, with increased liabilities alongside growing assets. Whether this reflects strategic growth or increased pressure remains to be seen, but the company’s focus on recruitment finance and payroll services suggests a niche market with ongoing demand.

Registered in England/Wales under the registration number 09283826, with a registered address at SO14 3JZ, England, Southampton, Ocean Village Innovation Centre, Ocean Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.