Passcon Limited
11208865
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/01/2025
EXECUTIVE
AMERICAN · UNITED STATES · Age 49
Also on 3 other boards
Persons with Significant Control
Thomas Burger Jr.
American · United States · Age 59
220, Elm Street, New Canaan, 06840
Notified 19/02/2021
Former PSCs
Mrs Corinna Reibchen
Ceased 19/02/2021
William Hausberg
Ceased 18/11/2022
CompanyRankvs 146030+ SIC 70229 peers36
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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 31/12/2024
Net Worth
-£267k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£267k
Working capital
Current Assets
£332
Current Liabilities
£268k
Debtors
£332
Profit After Tax
-£37k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£37k |
| 2023 | 0.03 | -£42k |
| 2022 | 0.01 | -£34k |
| 2021 | 0.00 | -£27k |
| 2020 | 0.01 | -£11k |
| 2019 | 0.06 | — |
Derived from filed accounts. Not audited figures.