INTEGRATED INTERNATIONAL PAYROLL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-31 (this month)
Last made up 2025-05-17
Watchouts
Cash
£3M
+29.7% highest in 4 filed years
Net assets
£8M
+785.5% highest in 4 filed years
Employees
117
-7.9% lowest in 4 filed years
Profit before tax
-£8M
-42.2% lowest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £15,766,564 | — | £24,108,637 | £26,546,481 | |
| Operating profit | — | — | — | -£2,153,334 | — | -£1,903,252 | -£1,356,585 | |
| Profit before tax | — | — | — | -£2,621,029 | -£3,807,256 | -£5,757,342 | -£8,189,772 | |
| Net profit | — | — | — | -£2,370,701 | -£3,523,468 | -£2,958,545 | -£7,951,084 | |
| Cash | — | — | — | £1,463,876 | £1,846,856 | £2,087,414 | £2,707,011 | |
| Total assets less current liabilities | — | — | — | £11,862,557 | £12,962,459 | £20,721,546 | £9,038,861 | |
| Net assets | — | — | — | £3,059,715 | -£463,753 | £897,429 | £7,946,345 | |
| Equity | £2,006,870 | £4,011,508 | £1,444,909 | £3,059,715 | -£463,753 | £897,429 | £7,946,345 | |
| Average employees | — | — | — | 125 | 120 | 127 | 117 | |
| Wages | — | — | — | £5,539,441 | £5,730,968 | £6,426,895 | £6,224,938 | |
| Directors' remuneration | — | — | — | £253,350 | £362,904 | £319,563 | £291,086 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+10.1%
£24,108,637 £26,546,481
highest in 3 filed years
-
Cash
+29.7%
£2,087,414 £2,707,011
highest in 4 filed years
-
Net assets
+785.5%
£897,429 £7,946,345
highest in 4 filed years
-
Employees
-7.9%
127 117
lowest in 4 filed years
-
Operating profit
+28.7%
-£1,903,252 -£1,356,585
highest in 3 filed years
-
Profit before tax
-42.2%
-£5,757,342 -£8,189,772
lowest in 4 filed years
-
Wages
-3.1%
£6,426,895 £6,224,938
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -13.7% | — | -7.9% | -5.1% | |
| Net margin | — | — | — | -15.0% | — | -12.3% | -30.0% | |
| Return on capital employed | — | — | — | -18.2% | — | -9.2% | -15.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 96.5% | 59.3% | |
| Current ratio | — | — | — | — | — | 4.51x | 1.56x | |
| Interest cover | — | — | — | -3.39x | — | -0.47x | -0.19x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Notwithstanding this, the directors have prepared forecasts for a period in excess of 12 months from the approval of the financial statements taking into consideration reasonable cash flow sensitivities. Looking towards the remainder of 2025 and beyond, the directors are confident that the company can meet its liabilities as they fall due using its available cash resources and with the ongoing operational and financial support of Teakwood Capital and the companies within the group headed by Ibidem. These companies have confirmed their ongoing operational and financial support for each other for a period of at least 12 months from approval of these financial statements. At the time of approving the financial statements, the directors therefore have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements and thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- INTEGRATED INTERNATIONAL PAYROLL LIMITED · parent
- Integrated International Payroll (Hong Kong) Limited 100%
- Integrated International Payroll SARL 100%
- Integrated International Payroll KFT 100%
- Integrated International Payroll SP ZOO 100%
- Integrated International Payroll (PTE.) LTD. 100%
- Integrated International Payroll Gmbh 100%
- IIPROLL MEXICO, S.A DE C.V 99.99%
- Integrated International Payroll S. R. L. 100%
- Integrated International Payroll (Espana), S.L. 100%
Significant events
- “On 27 February 2025, TeakiiPay Holdings, LLC, the parent of the parent company, Ibidem Capital Limited ("Ibidem"), entered into an Equity Purchase Agreement whereby its entire equity interest in Ibidem has been sold to a third party, subject to FCA regulatory approval. The acquisition is on a debt-free and cash-free basis and on completion all third-party debt shall be repaid in full. Completion is expected in the second quarter of 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HILTON, Richard David | Director | 2025-05-30 | Mar 1971 | British |
| HOLMES, Thomas Curtis | Director | 2022-12-19 | Feb 1962 | American |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CASSIE, John | Secretary | 2003-10-03 | 2016-02-23 |
| BELL, William Stuart | Director | 2024-07-24 | 2025-05-30 |
| BOWMAN, Ed | Director | 2016-02-23 | 2022-11-02 |
| BURGOYNE, Jason Anthony | Director | 2025-05-30 | 2025-11-14 |
| CASSIE, John | Director | 2003-10-03 | 2016-02-23 |
| DAVIDSON, Vinson | Director | 2022-12-19 | 2024-07-09 |
| FOSTER, Robert Dean | Director | 2016-02-23 | 2022-11-02 |
| HARNESS, Allan Steven | Director | 2025-05-30 | 2025-12-19 |
| HUSTIS, Jonathan Karl | Director | 2022-05-31 | 2024-07-09 |
| JAKOB, Timothy John | Director | 2016-02-23 | 2025-05-30 |
| KELLY, Shawn | Director | 2016-02-23 | 2018-04-16 |
| MARTIN, Richard | Director | 2003-10-03 | 2016-02-23 |
| OLKKOLA, Ed | Director | 2016-02-23 | 2022-05-31 |
| OLKKOLA, Jeanne Rene | Director | 2024-07-24 | 2025-05-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ibidem Capital Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 140 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-20 MA Memorandum articles
- 2024-12-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | SH01 | capital | Capital allotment shares | |
| 2025-12-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-30 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-12-20 | SH01 | capital | Capital allotment shares | |
| 2024-12-20 | MA | incorporation | Memorandum articles | |
| 2024-12-20 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-31 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 5
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.