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Pip Limited

11103085

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FODENS BUSINESS CENTRE, TELFORD, TF3 5HL
Incorporated 08/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Stephen Michael Foden

director · Since 08/12/2017

SOLICITOR

BRITISH · UNITED KINGDOM · Age 63

Also on 4 other boards

Mr Timothy John Hamilton Main

director · Since 01/10/2018

ESTATE AGENT

BRITISH · ENGLAND · Age 60

Mr David Raymond Leary

director · Since 11/11/2020

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr David Christopher Sandeman

director · Since 11/11/2020

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Mr David Christopher Sandeman

25–50% shares

British · England · Age 67

Fodens Business Centre, M54 Junction 6, Telford, TF3 5HL

Notified 11/11/2020

Mr Timothy John Hamilton Main

25–50% shares

British · England · Age 60

Fodens Business Centre, M54 Junction 6, Telford, TF3 5HL

Notified 11/11/2020

Former PSCs

Mr Stephen Michael Foden

Ceased 17/11/2022

CompanyRankvs 640400+ SIC 62090 peers
29

Financial strength2th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 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 strength1/25 pts

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

Employees2/15 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 31/12/2024

Net Worth

-£325k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£309k

Working capital

Current Assets

£10k

Current Liabilities

£319k

0avg. employees

Balance Sheet

Assets less current liabilities-£309k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£96k
20230.06-£142k
20210.09-£41k
20200.46-£35k
20190.21
2018Infinity

Derived from filed accounts. Not audited figures.