Physical Properties Testing Ltd.
09210539
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 09/09/2025
Due 23/09/2026
Industry
Officers
director · Since 05/01/2026
AMERICAN · UNITED STATES · Age 47
Also on 4 other boards
director · Since 08/05/2026
AMERICAN · UNITED STATES · Age 59
Also on 4 other boards
Persons with Significant Control
Bv Ppt Holdings Ltd.
Richmond Works, Lake View, Halifax, HX3 6EP
Reg: 9209152 · Companies House · Limited By Shares
Notified 06/04/2016
Charges2 outstanding
BAIN CAPITAL CREDIT, LP
BAIN CAPITAL CREDIT, LP
SILICON VALLEY BANK UK LIMITED (AS SECURITY AGENT)
SILICON VALLEY BANK UK LIMITED (AS SECURITY AGENT)
SILICON VALLEY BANK UK LIMITED
SILICON VALLEY BANK
SILICON VALLEY BANK AS SECURITY AGENT
CompanyRankvs 529+ SIC 26511 peers39
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/10/2024
Net Worth
£2.9M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£4.0M
Bottom line earnings
Net Current Assets
-£16.8M
Working capital
Current Assets
—
Current Liabilities
£17.3M
Debtors
£412k
Admin Expenses
-£306k
Operating Profit
£306k
Profit After Tax
£4.0M
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | +£4.0M |
| 2023 | -£3.3M |
| 2022 | -£1.3M |
| 2021 | -£838k |
| 2020 | -£972k |
Derived from filed accounts. Not audited figures.