Passedit Limited
04140223
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 12/01/2001
DIRECTOR
BRITISH · ENGLAND · Age 78
Also on 15 other boards
director · Since 12/01/2001
DIRECTOR
BRITISH · ENGLAND · Age 78
Also on 15 other boards
Persons with Significant Control
Mr Christopher Robert Chapman
British · United Kingdom · Age 78
Highridge House, 5 Pine Close, Dorchester, DT2 0PF
Notified 12/01/2017
Charges1 outstanding
HSBC BANK PLC
CompanyRankvs 12413+ SIC 63990 peers26
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£45k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£46k
Working capital
Current Assets
£4k
Current Liabilities
£51k
Fixed Assets
£707
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.09 | -£2k |
| 2024 | 0.09 | -£2k |
| 2023 | 0.09 | -£3k |
| 2022 | 0.10 | -£4k |
| 2021 | 0.12 | -£4k |
| 2020 | 0.10 | -£2k |
| 2019 | 0.09 | — |
Derived from filed accounts. Not audited figures.