Picsel Limited
09899186
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 27/11/2025
Due 11/12/2026
Industry
Officers
director · Since 02/12/2015
INTERNATIONAL MARKETING MANAGER
BRITISH · ENGLAND · Age 51
Also on 1 other board
director · Since 02/12/2015
CHIEF EXECUTIVE OFFICER
BRITISH · UNITED KINGDOM · Age 72
Also on 1 other board
secretary · Since 02/12/2015
director · Since 20/12/2017
AGENT
BRITISH · ENGLAND · Age 63
Also on 2 other boards
director · Since 20/12/2017
PHOTOGRAPHER
BRITISH · ENGLAND · Age 71
Also on 1 other board
director · Since 04/02/2020
LAWYER
BRITISH · ENGLAND · Age 55
Also on 2 other boards
director · Since 17/01/2022
INTERNATIONAL ACCOUNT MANAGER
BRITISH · ENGLAND · Age 49
secretary · Since 02/12/2015
Former
director · Resigned 21/08/2017
director · Resigned 05/12/2017
director · Resigned 21/08/2019
director · Resigned 01/02/2020
director · Resigned 01/02/2020
director · Resigned 31/12/2020
director · Resigned 31/12/2021
director · Resigned 11/03/2023
director · Resigned 08/12/2023
director · Resigned 10/12/2025
Persons with Significant Control
Mr Paul Fernand Andre Seheult
British · England · Age 72
112, Western Road, Brighton, BN1 2AB
Notified 06/04/2016
Former PSCs
Ms Isabelle Doran
Ceased 21/08/2017
Change History
Active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
UNIT 12, CHICHESTER ENTERPRISE CENTRE
CHICHESTER
CompanyRankvs 330+ SIC 82911 peers34
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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
and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty in relation to the appropriateness of continuing to adopt the going concern basis in preparing the annual report and accounts. 1.3 Income Income shows the amount of royalties receivable during the year under Picsel licensing agreements. It is recognised at the p
Key FinancialsYear ending 31/12/2024
Net Worth
£0
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
£295k
Working capital
Current Assets
£1.1M
Current Liabilities
£805k
Fixed Assets
£76
Debtors
£87k
Profit After Tax
£0
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.37 |
| 2023 | 1.35 |
Derived from filed accounts. Not audited figures.