MAINPAY LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2026-11-10 (in 6mo)
Last made up 2025-10-27
Watchouts
None on the register
Cash
£1M
+13.1% vs 2023
Net assets
-£82K
+75.2% vs 2023
Employees
0
-100% lowest in 4 filed years
Profit before tax
£247K
+957.9% highest in 5 filed years
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-10-31
| Metric | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £24,025,479 | — | — | £39,948,782 | £39,176,589 | |
| Operating profit | — | — | — | — | — | -£28,836 | £271,119 | |
| Profit before tax | — | — | -£184,616 | £101,235 | £57,161 | -£28,836 | £247,381 | |
| Net profit | — | — | -£184,616 | — | £57,161 | -£28,836 | £247,381 | |
| Cash | — | — | £1,808,763 | £1,717,884 | £1,437,786 | £1,319,754 | £1,492,796 | |
| Total assets less current liabilities | — | — | — | — | — | — | — | |
| Net assets | — | — | — | — | — | -£328,934 | -£81,553 | |
| Equity | — | — | -£458,593 | -£357,358 | -£300,098 | -£328,934 | -£81,553 | |
| Average employees | — | — | — | 1,659 | 1,981 | 2,538 | 0 | |
| Wages | — | — | £25,596,150 | — | — | £35,757,927 | £34,965,788 | |
| Directors' remuneration | — | — | — | £0 | £8,000 | £10,500 | £10,500 |
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 2024-10-31 vs 2023-10-31
-
Turnover
-1.9%
£39,948,782 £39,176,589
-
Cash
+13.1%
£1,319,754 £1,492,796
-
Net assets
+75.2%
-£328,934 -£81,553
-
Employees
-100%
2,538 0
lowest in 4 filed years
-
Operating profit
+1,040.2%
-£28,836 £271,119
-
Profit before tax
+957.9%
-£28,836 £247,381
highest in 5 filed years
-
Wages
-2.2%
£35,757,927 £34,965,788
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 | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -0.1% | 0.7% | |
| Net margin | — | — | -0.8% | — | — | -0.1% | 0.6% | |
| Current ratio | — | — | — | — | — | 0.85x | 0.96x | |
| Interest cover | — | — | — | — | — | — | 11.42x |
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
- Myers Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “On 10 October 2025 the company lost a HMRC Tribunal appeal. The liability has been included in the accounts in other creditors. The previous owner has committed to providing financial support for this liability as the original events occurred when he was the owner of the company. The matching debt has been included in other debtors.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NUGENT, Thomas | Director | 2022-01-31 | Jan 1976 | British |
| NUTTYCOMBE, Daniel | Director | 2022-01-31 | Apr 1981 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARKER, Graeme Russell | Secretary | 2016-03-31 | 2017-03-15 |
| KUYPER, Claudine | Secretary | 2009-08-18 | 2012-12-10 |
| PATON, Marineh | Secretary | 2012-12-10 | 2016-03-31 |
| ACCUCO LIMITED | Corporate Secretary | 2008-10-30 | 2009-08-18 |
| BRIGHTON SECRETARY LTD | Corporate Nominee Secretary | 2006-10-27 | 2006-10-30 |
| MAINSEC LIMITED | Corporate Secretary | 2006-11-01 | 2008-10-30 |
| HARKER, Graeme Russell | Director | 2007-02-14 | 2017-03-15 |
| MAY, Andrew Colin | Director | 2017-03-15 | 2022-01-31 |
| BRIGHTON DIRECTOR LTD | Corporate Nominee Director | 2006-10-27 | 2006-10-30 |
| MAINDIRECT LIMITED | Corporate Director | 2006-11-01 | 2007-02-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Daniel Nuttycombe | Individual | Shares 25–50%, Voting 25–50% | 2022-02-01 | Active |
| Mr Thomas Nugent | Individual | Shares 25–50%, Voting 25–50% | 2022-02-01 | Active |
| Mr Andrew Colin May | Individual | Shares 75–100% | 2017-03-15 | Ceased 2022-02-01 |
| Mr Graeme Russell Harker | Individual | Shares 75–100% | 2016-04-06 | Ceased 2017-03-15 |
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-31 | AA | accounts | Accounts with accounts type full | |
| 2024-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-31 | AA | accounts | Accounts with accounts type full | |
| 2024-08-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-31 | AA | accounts | Accounts with accounts type full | |
| 2023-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-31 | AA | accounts | Accounts with accounts type full | |
| 2022-02-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-02-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-02-03 | SH01 | capital | Capital allotment shares | |
| 2022-02-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-31 | AA | accounts | Accounts with accounts type full | |
| 2021-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.