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P.I. Works Uk Ltd

10075804

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

C/O SRM, 59, MARLOW, SL7 2RE
Incorporated 21/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61200
Wireless telecommunications activities
61900
Other telecommunications activities

Officers

Mr Mehmet Basar Akpinar

director · Since 21/03/2016

CEO AND CO-FOUNDER

TURKISH · TURKEY · Age 53

Mr Antony David Manuel

director · Since 15/05/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Persons with Significant Control

Mr Mehmet Basar Akpinar

75–100% shares
75–100% votes
Appoint directors

Turkish · Turkey · Age 53

1/9c-301, Teknopark Istanbul Sanayi Mahallesi, Pendik, 34906

Notified 22/03/2022

Former PSCs

Piworks Tr Bilisim Hizmetleri Sanayi Ve Ticaret A.S.

Ceased 22/03/2022

CompanyRankvs 433+ SIC 61200 peers
73

Financial strength92th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

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

Longevity10/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2021

Net Worth

£437k

Balance sheet strength

Cash

£3.6M

Cash in the bank

Net Current Assets

£399k

Working capital

Current Assets

£6.0M

Current Liabilities

£5.6M

Fixed Assets

£37k

Debtors

£2.4M

4avg. employees

Balance Sheet

Intangible assets£37k
Assets less current liabilities£437k

EstimatesDerived

YearCurrent RatioImplied Profit
20211.07+£292k
20201.05
20191.60
20181.32

Derived from filed accounts. Not audited figures.