Podsystem Limited
03848359
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 13/03/2026
Due 27/03/2027
Industry
Officers
director · Since 07/07/2021
COMPANY DIRECTOR
BRITISH · ISLE OF MAN · Age 52
Persons with Significant Control
Giesecke+Devrient Mobile Security Tcd Uk Limited
Unit 1, Globe House, Wembley, HA0 1ER
Reg: 14161292 · Registrar Of Companies Under Section 1115 Of The Companies Act 2006 · Private Limited
Notified 31/03/2025
Former PSCs
Mr Charles William Towers-Clark
Ceased 07/07/2021
Mrs Sandra Patricia Monique Towers-Clark
Ceased 07/07/2021
Giesecke+Devrient Mobile Security Germany Gmbh
Ceased 31/03/2025
Charges0 outstanding
GROWTH LENDING 2020 LIMITED
GROWTH LENDING 2020 LIMITED
IL2 (2018) S.� R.L.
IL2 (2018) S.� R.L.
IL2 (2018) S.�.R.L.
CompanyRankvs 774+ SIC 61200 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera
Key FinancialsYear ending 31/12/2024
Net Worth
£1k
Balance sheet strength
Cash
£6k
Cash in the bank
Profit Before Tax
-£7.7M
Bottom line earnings
Net Current Assets
£19.2M
Working capital
Current Assets
£19.4M
Current Liabilities
£201k
Fixed Assets
£0
Debtors
£19.4M
Cost of Sales
£0
Admin Expenses
£1.1M
Profit After Tax
-£7.7M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 96.74 | +£4.6M |
| 2022 | 0.33 | -£3.3M |
| 2021 | 1.08 | -£1.2M |
| 2020 | 1.53 | -£1.0M |
| 2019 | — | +£623k |
Derived from filed accounts. Not audited figures.