RMG PAYROLL SERVICES LIMITED
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -60% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-1.2k | £-695 |
| Current assets | £309.2k | £343.1k |
| Cash | £8.1k | £20.4k |
| Debtors | £301.1k | £322.7k |
| Net assets | £-1.2k | £-695 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 accounts
Corporate timeline (14 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-10-19📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2016-06-02🏢Company incorporatedAs RMG PAYROLL SERVICES LIMITED
- 2016-06-02➕BANERJEE, Indranil appointedsecretary
- 2016-06-02➕BASSI, Tajinder Singh appointeddirector
- 2016-06-02📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Indranil Banerjee Individual · British · DOB 01/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 02/06/2016 |
Mr Tajinder Singh Bassi Individual · British · DOB 02/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 02/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| SAY LESS TRAIN MORE LTD→ SC797176 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| SEAFAST MARITIME LTD→ SC504666 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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| SPEYFIELD LIMITED→ SC222384 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| SPEYSIDE LANDSCAPING LTD→ SC868568 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SUNNYSIDE TANNING STUDIO LIMITED→ SC825838 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| TAES TECHNICAL LTD→ SC760036 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| TATTOO CENTRE (INV) LTD→ SC575733 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| TATTOO CENTRE (MORAY) LTD→ SC575751 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| TEULADA LTD→ SC766737 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.