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Psi Technologies Limited

03689664

active
ltd
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

Units 10-11 Stratfield Park, Elettra Avenue, Waterlooville, PO7 7XN
Incorporated 29/12/1998

Previously known as

Pneumatic Solutions International Limited · until 16/11/2017
Tanair (Uk) Limited · until 24/02/2003

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 29/12/2025

Due 12/01/2027

On track

Industry

28120
Manufacture of fluid power equipment

Officers

Mr James Alexander Devereux

director · Since 31/12/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Mr Steven Victor Bennett

director · Since 16/11/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 1 other board

Steven Bennett

secretary · Since 01/12/2010

BRITISH

James Alexander Devereux

director · Since 31/12/1998

British · United Kingdom · Age 55

Steven Victor Bennett

director · Since 16/11/2009

British · United Kingdom · Age 64

Steven Bennett

secretary · Since 01/12/2010

British

Former

Newco Limited

corporate nominee director · Resigned 31/12/1998

Startco Limited

corporate nominee secretary · Resigned 31/12/1998

Ronald Hancox

director · Resigned 06/04/2001

Ronald Hancox

secretary · Resigned 06/04/2001

Stuart Devereux

secretary · Resigned 01/12/2010

Martin David Candy

director · Resigned 22/12/2015

Colin David Ball

director · Resigned 31/12/2018

Persons with Significant Control

Devnett Limited

75–100% shares

Unit 10, Stratfield Park, Elettra Avenue, Waterlooville, PO7 7XN

Reg: 09780092 · England And Wales · Limited Company

Notified 29/12/2016

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/06/2016Registered 09/06/2016
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 14/04/2016Registered 15/04/2016Satisfied 27/06/2016
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/02/2015Registered 03/03/2015
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/02/2015Registered 20/02/2015
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 17/02/2015Registered 18/02/2015
Charge
satisfied

BANK OF SCOTLAND PLC

Created 14/08/2013Registered 21/08/2013Satisfied 28/03/2015
charge
satisfied

BANK OF SCOTLAND PLC

Created 06/01/2012Registered 19/01/2012Satisfied 28/03/2015
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 17/02/2010Registered 18/02/2010Satisfied 28/03/2015
charge
satisfied

SIMON RICHARD EYRE AND DAVIED GRAHAM FORSEY

Created 17/02/2003Registered 27/02/2003Satisfied 20/08/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 12/02/2003Registered 13/02/2003Satisfied 22/04/2015
charge
satisfied

BARCLAYS BANK PLC

Created 13/11/2001Registered 21/11/2001Satisfied 29/11/2008

Change History

statusactive
2026-07-07

Active

typeltd
2026-07-07

Private Limited Company

address line1Units 10-11 Stratfield Park, Elettra Avenue
2026-07-07

UNITS 10-11

post townWaterlooville
2026-07-07

WATERLOOVILLE

officer appointedBENNETT, Steven
2026-07-07
officer appointedBENNETT, Steven Victor
2026-07-07
officer appointedDEVEREUX, James Alexander
2026-07-07

CompanyRankvs 33+ SIC 28120 peers
72

Financial strength91th percentile among SIC peers · 23/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£167k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£4.0M

Current Liabilities

£2.4M

Fixed Assets

£802k

Debtors

£1.9M

23avg. employees-5

Balance Sheet

Intangible assets£116k
Assets less current liabilities£2.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.68+£197k
20231.51+£331k
20221.38+£116k
20211.50

Derived from filed accounts. Not audited figures.