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Pd Innovations Limited

12090160

liquidation
Private Limited Company
england wales
Companies House
1 outstanding charge
Insolvency history
Health Score
N/A

Details

AZZURRI HOUSE, WALSALL, WS9 0RB
Incorporated 08/07/2019

Compliance

Last accounts

31/03/2021

total exemption full

Next accounts due

31/12/2022

Overdue

Confirmation statement

Last: 08/07/2022

Due 22/07/2023

Overdue

Industry

62012
Business and domestic software development

Officers

Mr Michael Patrick Douglas Bruce

director · Since 26/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Neil Richard Cartwright

director · Since 26/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 58

Mr Stephen Thomas Murphy

director · Since 01/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 15 other boards

Mr Richard John Pennycook

director · Since 01/06/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Persons with Significant Control

Mr Michael Patrick Douglas Bruce

25–50% shares

British · England · Age 53

Azzurri House, Walsall Business Park Walsall Road, Walsall, WS9 0RB

Notified 03/09/2020

Former PSCs

Mr David John Shepherd

Ceased 09/04/2021

Mr Kenneth Bruce

Ceased 07/04/2022

Charges1 outstanding

A registered charge
outstanding

My Bespoke Room Business Limited

Created 23/08/2022Registered 09/09/2022

Insolvency History1 case

creditors voluntary liquidation17/11/2022

Kim Richards (practitioner) · Richard David Tonks (practitioner)

CompanyRankvs 364550+ SIC 62012 peers
23

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity6/20 pts

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

Longevity7/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2021

Net Worth

-£5.3M

Balance sheet strength

Cash

£760k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£2.0M

Current Liabilities

£3.5M

Fixed Assets

£148k

Debtors

£1.2M

129avg. employees+81

Balance Sheet

Assets less current liabilities-£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.57-£2.6M
20200.31

Derived from filed accounts. Not audited figures.