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Next accounts due

2027-02-28 (in 9mo)

Last filed for 2025-05-31

Confirmation statement due

2026-11-28 (in 6mo)

Last made up 2025-11-14

Watchouts

None on the register

Cash

£21K

Latest balance sheet

Net assets

£41M

highest in 5 filed years

Employees

Average over period

Profit before tax

£2M

Period ending 2025-05-31

Accounts

5-year trend · latest reflected 2025-05-31

Metric Trend 2020-02-292021-02-282022-02-282024-05-312025-05-31
Turnover £4,201,146£2,413,509
Operating profit -£61,658-£22,640£7,126-£1,351,094£842,074
Profit before tax £868,803£634,666£4,891,190£2,075,737
Net profit £902,534£868,803£623,029£4,891,190£2,156,951
Cash £28,099£19,818£48,863£4,140£21,152
Total assets less current liabilities £7,538,541£8,407,344£8,227,359
Net assets £7,538,541£8,407,344£8,227,359£39,037,370£41,194,321
Equity £39,037,370£41,194,321
Average employees
Wages
Directors' remuneration

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

FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31

Year-on-year comparison hidden: this filing covers about 12 months versus 15 months prior.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2020-02-292021-02-282022-02-282024-05-312025-05-31
Operating margin -32.2%34.9%
Net margin 116.4%89.4%
Return on capital employed -0.8%-0.3%0.1%
Gearing (liabilities / total assets) 64.4%63.1%
Current ratio 232.92x468.43x276.26x0.49x0.54x
Interest cover -319.47x-133.96x120.78x-4386.67x

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
IFRS
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors believe that the company has adequate financial resources to continue in operation for the foreseeable future and accordingly the annual report and financial statements have been prepared on a going concern basis. The directors have satisfied themselves that the company is in a sound financial position and that it has access to sufficient borrowing facilities to meet its foreseeable cash requirements.”

Group structure

  1. HSSA INVESTMENT LIMITED · parent
    1. Humanstate Proprietary Limited 100% · South Africa · Investment holding company
    2. PayProp Capital Proprietary Limited 100% · South Africa · Estate agency software
    3. PayProp Services Proprietary Limited 100% · South Africa · Group support services
    4. PayProp Payment Solution Proprietary Limited 100% · South Africa · Estate agency software
    5. PayProp Holdings Limited 100% · United Kingdom · Estate agency software
    6. PayProp Inc. 100% · United States · Estate agency software
    7. PayProp (AL) LLC 100% · United States · Dormant
    8. PayProp (CA) LLC 100% · United States · Estate agency software
    9. PayProp (FL) LLC 100% · United States · Estate agency software
    10. PayProp (GA) LLC 100% · United States · Estate agency software
    11. PayProp (IL) LLC 100% · United States · Estate agency software
    12. PayProp (MO) LLC 100% · United States · Dormant
    13. PayProp (NC) LLC 100% · United States · Dormant
    14. PayProp (TX) LLC 100% · United States · Estate agency software
    15. PayProp (WA) LLC 100% · United States · Dormant
    16. PayProp Services LLC 100% · United States · Group support services
    17. PayProp Limited, UK 100% · United Kingdom · Estate agency software
    18. PayProp Limited, CA 100% · Canada · Estate agency software
    19. PayProp Sàrl 100% · Switzerland · Group support services

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 4 resigned

Name Role Appointed Born Nationality
ARMSTRONG, Mark Alan Robert Director 2024-05-01 Jun 1966 British
HOLTSHAUSEN, Andre Francois Director 2024-05-01 Aug 1969 British,South African
VOGELBERG, Hans Michael Director 2024-05-01 Aug 1970 German
Show 4 resigned officers
Name Role Appointed Resigned
EXCEED COSEC SERVICES LIMITED Corporate Secretary 2017-04-04 2024-03-01
MALAN, Dawid Eduard Director 2017-04-04 2024-05-01
VAN EEDEN, Jakobus Liebenberg Director 2018-12-05 2024-02-29
VAN EEDEN, Johannes Director 2018-12-05 2024-02-29

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Pp Buyer Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-11-30 Active
Humanstate Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-10-07 Ceased 2022-11-30
Mr Johannes Van Eeden Individual Appoints directors 2022-05-01 Ceased 2022-10-07

Filing timeline

Last 20 of 83 total filings

Date Type Category Description
2026-02-26 AA accounts Accounts with accounts type full
2025-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-25 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-01-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-24 AA accounts Accounts with accounts type full
2024-11-27 MR04 mortgage Mortgage satisfy charge full PDF
2024-11-27 MR04 mortgage Mortgage satisfy charge full PDF
2024-07-11 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-07-11 CH01 officers Change person director company with change date PDF
2024-07-11 CH01 officers Change person director company with change date PDF
2024-07-11 CH01 officers Change person director company with change date PDF
2024-06-15 AD01 address Change registered office address company with date old address new address PDF
2024-05-14 TM01 officers Termination director company with name termination date PDF
2024-05-14 TM01 officers Termination director company with name termination date PDF
2024-05-14 AP01 officers Appoint person director company with name date PDF
2024-05-14 TM01 officers Termination director company with name termination date PDF
2024-05-14 AP01 officers Appoint person director company with name date PDF
2024-05-14 AP01 officers Appoint person director company with name date PDF
2024-03-28 TM02 officers Termination secretary company with name termination date PDF
2024-02-02 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page