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Petrocad Ltd

11013770

activeactive proposal to strike off
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

22 St. John Street, Newport Pagnell, MK16 8HJ
Incorporated 16/10/2017

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 10/10/2025

Due 24/10/2026

On track

Industry

62012
Business and domestic software development

Officers

Director Sasan Phil Ward

director · Since 16/10/2017

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Sasan Phil Ward

director · Since 16/10/2017

British · England · Age 56

Persons with Significant Control

Director Sasan Phil Ward

75–100% shares
75–100% votes

British · England · Age 56

10 Overend Close, Bradwell, Milton Keynes, MK13 9EJ

Notified 16/10/2017

Change History

statusactive
2026-08-16

Active - Proposal to Strike off

typeltd
2026-08-16

Private Limited Company

address line122 St. John Street
2026-08-16

22 ST. JOHN STREET

post townNewport Pagnell
2026-08-16

NEWPORT PAGNELL

officer appointedWARD, Sasan Phil, Director
2026-08-16

CompanyRankvs 43956+ SIC 62012 peers
34

Financial strength8th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£25k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£11k

Working capital

Current Assets

£500

Current Liabilities

£11k

Fixed Assets

£165

Debtors

£500

1avg. employees

Balance Sheet

Assets less current liabilities-£11k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£988
20240.18-£5k
20231.57

Derived from filed accounts. Not audited figures.