Patchwork Technology Limited
07418693
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 26/10/2010
director · Since 26/10/2010
OPERATIONS DIRECTOR
BRITISH · UNITED KINGDOM · Age 64
Also on 2 other boards
director · Since 01/07/2025
DIRECTOR
BRITISH · WALES · Age 47
Also on 1 other board
director · Since 01/07/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
Persons with Significant Control
Patchwork (Group) Limited
21, Gold Tops, Newport, NP20 4PG
Reg: 7417432 · Companies House England And Wales · Company Limited By Shares
Notified 06/04/2016
CompanyRankvs 1075+ SIC 62090 peers87
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£220k
Balance sheet strength
Cash
£110k
Cash in the bank
Net Current Assets
£199k
Working capital
Current Assets
£255k
Current Liabilities
£56k
Fixed Assets
£32k
Debtors
£78k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.58 | -£218k |
| 2024 | 5.60 | -£48k |
| 2023 | 4.22 | +£110k |
| 2022 | 5.04 | +£12k |
| 2021 | 3.70 | — |
Derived from filed accounts. Not audited figures.