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Pad Technology Limited

08104530

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1c Springwood Industrial Estate, Braintree, CM7 2RF
Incorporated 13/06/2012

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 22/08/2025

Due 05/09/2026

On track

Industry

27120
Manufacture of electricity distribution and control apparatus
62090
Other information technology service activities

Officers

Mr Philip Joseph Ronald Jones

director · Since 13/06/2012

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 56

Also on 4 other boards

Mr David Roger Minnis

director · Since 13/06/2012

ELECTRICAL ENGINEER

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Philip Joseph Ronald Jones

director · Since 13/06/2012

British · United Kingdom · Age 56

David Roger Minnis

director · Since 13/06/2012

British · England · Age 52

Former

Ela Shah

director · Resigned 13/06/2012

Persons with Significant Control

Pad Investment Holdings Limited

75–100% shares
Appoint directors

1c, Springwood Industrial Estate, Braintree, CM7 2RF

Reg: 14585575 · Register Of Companies · Private Company Limited By Shares

Notified 10/02/2023

Former PSCs

Mr David Roger Minnis

Ceased 10/02/2023

Mr Philip Joseph Ronald Jones

Ceased 10/02/2023

Change History

statusactive
2026-07-16

Active

typeltd
2026-07-16

Private Limited Company

address line11c Springwood Industrial Estate
2026-07-16

1C SPRINGWOOD INDUSTRIAL ESTATE

post townBraintree
2026-07-16

BRAINTREE

CompanyRankvs 104+ SIC 27120 peers
70

Financial strength83th percentile among SIC peers · 21/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.79× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/06/2025

Net Worth

£686k

Balance sheet strength

Cash

£317k

Cash in the bank

Net Current Assets

£658k

Working capital

Current Assets

£1.5M

Current Liabilities

£837k

Fixed Assets

£40k

Debtors

£655k

24avg. employees

Tax at Year End

Corp tax£48k

Director Loans(2024)

Company owes directors£2k

Balance Sheet

Assets less current liabilities£698k
Signed by Mr Philip Jones 31 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.79+£0
20251.79+£136k
20242.36+£48k
20231.95

Derived from filed accounts. Not audited figures.