The Firmwatch take
Mypad Paisley Limited (08876673) currently shows: Watch signal detected, based on accounts to 31 August 2024; last refreshed 24 May 2026. Negative working capital plus 2 more cautionary signals — extracted from the latest filed accounts.
Companies House source·Accounts to 31 Aug 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
5 February 2014
12 years on the register
Sector
Other accommodation
SIC 55900
Size
Not classified
Net assets
£100
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
£100
Bottom 30% in sector · sector median £2k · 19,113 filers in this sector
Cash
Not disclosed
Working cap.
−£5.7m
Median £168
Current ratio
0.0×
Median 0.8×
Signals · 4
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Accommodation
How this company compares in 19,113 filers in this sector
Bottom 30% in sector — Mypad Paisley Limited shows £100 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.
People
Who runs this company
- GP
GAY, Philip
director · since 2014
- JH
JACKSON, Hugh
director · since 2014
Registered office
Address intelligence
77 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 · SL5 7HL
77 other UK companies registered at this postcode.
Active
73
Dissolved
3
Strike-off action
0
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.