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Pitnic Limited

10713681

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

WOODGATE HOUSE, COCKFOSTERS, EN4 9HN
Incorporated 06/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Savvas Nicolaou

director · Since 06/04/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Mr Kyriacos Pitsielis

director · Since 06/04/2017

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 6 other boards

Persons with Significant Control

Mr Kyriacos Pitsielis

25–50% shares

British · England · Age 75

Woodgate House, 2-8 Games Road, Cockfosters, EN4 9HN

Notified 06/04/2017

Mr Savvas Nicolaou

25–50% shares

British · United Kingdom · Age 68

Woodgate House, 2-8 Games Road, Cockfosters, EN4 9HN

Notified 06/04/2017

Charges4 outstanding

Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 02/04/2020Registered 02/04/2020
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED

Created 14/01/2019Registered 14/01/2019
Charge
outstanding

PARAGON BANK PLC

Created 20/12/2018Registered 21/12/2018
Charge
outstanding

PARAGON BANK PLC

Created 20/12/2018Registered 21/12/2018

CompanyRankvs 149472+ SIC 68209 peers
34

Financial strength71th percentile among SIC peers · 18/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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149472Pitnic Limited
44
How is this score calculated?
Financial strength18/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

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

Longevity9/15 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

Outstanding charges: -10 pts

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

£44k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£547k

Working capital

Current Assets

£31k

Current Liabilities

£578k

Fixed Assets

£1.9M

Balance Sheet

Assets less current liabilities£1.3M
Signed by S Nicolaou 16/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05-£5k
20240.04+£5k
20230.07+£12k
20220.10+£15k
20210.07—

Derived from filed accounts. Not audited figures.