P1 Technology Ltd
05022001
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/01/2004
DESIGN ENGINEER
BRITISH · ENGLAND · Age 61
Also on 7 other boards
Persons with Significant Control
Mr James David Oldham
British · England · Age 61
2 Pot House Cottages, Pot House Lane, Sheffield, S36 1ET
Notified 06/04/2016
CompanyRankvs 1775+ SIC 72110 peers45
Show leaderboard
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.
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
-£30k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£55k
Working capital
Current Assets
£24k
Current Liabilities
£79k
Fixed Assets
£34k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.30 | -£14k |
| 2023 | 0.15 | -£10k |
| 2022 | 0.14 | -£32k |
| 2021 | 0.80 | — |
| 2020 | 0.15 | — |
| 2019 | 0.52 | -£8k |
| 2018 | 0.72 | — |
Derived from filed accounts. Not audited figures.