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Pi-A Creative Systems Ltd

12832544

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

29C QUEENSDOWN ROAD, LONDON, E5 8NN
Incorporated 24/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development
74100
Specialised design activities

Officers

Dr Luke Hale

director · Since 24/08/2020

DOCTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Dr Luke Hale

75–100% shares
75–100% votes
Appoint directors

British · England · Age 38

29c, Queensdown Road, London, E5 8NN

Notified 24/08/2020

CompanyRankvs 4190+ SIC 62011 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity6 years trading (max 15) · 6/15
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.

Employees13/15 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.

Longevity6/15 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 31/08/2024

Net Worth

-£71k

Balance sheet strength

Cash

£2

Cash in the bank

Net Current Assets

-£50k

Working capital

Current Assets

£9k

Current Liabilities

£60k

Fixed Assets

£6k

Debtors

£9k

3avg. employees

Director Loans

Company owes directors£58k

Balance Sheet

Assets less current liabilities-£45k
Signed by Dr Luke Hale 04/10/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15+£32k
20230.08-£23k
20220.01-£62k
20210.17

Derived from filed accounts. Not audited figures.