Petrocad Ltd
11013770
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/10/2017
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 7 other boards
Persons with Significant Control
Director Sasan Phil Ward
British · England · Age 56
10 Overend Close, Bradwell, Milton Keynes, MK13 9EJ
Notified 16/10/2017
CompanyRankvs 43709+ SIC 62012 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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£24k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£2k
Current Liabilities
£11k
Fixed Assets
£165
Debtors
£505
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.18 | -£5k |
| 2023 | 1.57 | -£7k |
| 2022 | 3.17 | -£21k |
| 2021 | 11.29 | — |
Derived from filed accounts. Not audited figures.