Paystream My Max Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Paystream My Max Limited - overview
Established
2007
Location
Manchester, -, UK
Primary Industry
Outsourcing
About
Paystream My Max Limited provides a range of financial solutions for contractors, freelancers, and small business owners, including umbrella company services and integrated payroll management to simplify compliance and tax processes. Founded in 2007, Paystream My Max Limited specializes in financial solutions for contractors. The company operates its flagship platform, My Max, which offers umbrella company services that ensure secure employment while allowing flexibility in contracting. The CEO, Andrew Cleal, leads the company as it serves clients primarily across the UK and potentially in international markets.
Paystream My Max Limited provides a comprehensive suite of financial solutions tailored for contractors, freelancers, and small business owners. Their core offerings include umbrella company services through their platform, My Max, which combines the flexibility of contracting with the security of continuous employment. Additionally, the company offers accountancy services, personal tax advice, payroll solutions, and international payroll services. Utilizing cloud-based software and integrated screening solutions, Paystream enhances the onboarding journey and enables efficient management of payroll and compliance processes for clients, which include contractors, small business owners, and recruitment agencies across the UK and beyond.
Paystream generates revenue through various service offerings, with a primary focus on umbrella services, accountancy, and payroll solutions. Clients engage with the company on a contractual basis, paying a fee for umbrella services that include payroll processing and tax management. The company's B2B transactions involve partnerships with recruitment agencies and businesses, ensuring tailored experiences based on specific client needs. Fees are structured around services utilized, such as payroll processing, tax filing, and compliance checks.
Primary Industry
Outsourcing
Sub Industries
Recruitment/Executive Search, Outsourcing
Website
www.paystream.co.uk
Total Amount Raised
Subscriber access only
Paystream My Max Limited - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 197,299,006 | 256,067,669 | 322,550,014 | - | - | - |
| % Revenue Growth (YoY) | - | 29.8% | 26.0% | - | - | - |
| EBITDA (USD) | 1,596,923 | 2,176,025 | 2,652,683 | - | - | - |
| Operating Income (USD) | 1,596,743 | 2,175,845 | 2,652,503 | - | - | - |
| Operating Margin | 0.8% | 0.8% | 0.8% | - | - | - |
| % EBITDA Margin | 0.8% | 0.8% | 0.8% | - | - | - |
| NET Income (USD) | 1,297,593 | 1,722,749 | 2,224,749 | - | - | - |
| % Net Margin | 0.7% | 0.7% | 0.7% | - | - | - |

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.