The Firmwatch take
Mi-Pay Limited (04937836) currently shows: No major warning signs in the latest extracted accounts, based on accounts to 31 December 2024; last refreshed 24 May 2026. No distress signals. Accounts cover the period ending 31 Dec 2024.
Companies House source·Accounts to 31 Dec 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
20 October 2003
22 years on the register
Sector
Other information technology and computer service activities
SIC 62090
Size
Not classified
Net assets
£2.0m
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Low insolvency risk
The latest public accounts do not show obvious balance-sheet stress. This does not rule out trading problems, but the filed numbers look comparatively steady.
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Sector benchmark · Information Technology
How this company compares in 116,863 IT firms
Top 10% in sector — Mi-Pay Limited shows £2.0m in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£2.0m
Top 10% in sector · sector median £2k · 116,863 IT firms
Cash
Not disclosed
Working cap.
£2.0m
Median £6k
Current ratio
3.4×
Median 1.5×
Signals · 1
Positive net assets
The latest filed accounts show assets exceeding liabilities.
People
Who runs this company
- BJ
BEALE, John Nicholas
director · since 2011
- BJ
BEALE, John Nicholas
secretary · since 2011
Registered office
Address intelligence
69 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Address pattern · EC2A 4ES
69 other UK companies registered at this postcode.
Active
63
Dissolved
5
Strike-off action
1
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.