Picture-Connect Limited
06000937
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
30/11/2025
total exemption full
Next accounts due
31/08/2027
Confirmation statement
Last: 07/12/2025
Due 21/12/2026
Industry
Officers
director · Since 01/03/2020
TV PRODUCER
BRITISH · ENGLAND · Age 59
Also on 3 other boards
Former
secretary · Resigned 22/11/2010
director · Resigned 22/11/2010
director · Resigned 02/03/2020
Persons with Significant Control
Mr Victor Nikolaidis
British · England · Age 59
Flat 9, 46, Tregunter Road, London, SW10 9LE
Notified 01/03/2020
Former PSCs
Mr Daniel Mason
Ceased 01/03/2020
Change History
Active
Private Limited Company
FLAT 9
LONDON
CompanyRankvs 4627+ SIC 59113 peers46
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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
to partner with another rental business to hire out the rental equipment. Based on these factors, management has assessed the company's ability to continue operating and has concluded that the going concern basis remains appropriate. - 5 - Picture-Connect Limited Notes to the Accounts for the year ended 30 November 2025 4 Tangible fixed assets Plant & machinery £ Cost or valuation At cost At 1 Dec
Key FinancialsYear ending 30/11/2025
Net Worth
-£101k
Balance sheet strength
Cash
£35
Cash in the bank
Net Current Assets
£111k
Working capital
Current Assets
£160k
Current Liabilities
£49k
Fixed Assets
£76k
Debtors
£160k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 3.27 | -£70k | — |
| 2024 | 2.41 | -£115k | — |
| 2023 | 0.85 | — | £48k |
Derived from filed accounts. Not audited figures.