Back to search

Pcp Iii No.1 Limited

13056181

active
ltd
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

9th Floor Ship Canal House, 98 King Street, Manchester, M2 4WU
Incorporated 02/12/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/12/2025

Due 15/12/2026

On track

Industry

68100
Buying and selling of own real estate

Officers

Mr David Michael Mccann

director · Since 02/12/2020

SOLICITOR

BRITISH · UNITED KINGDOM · Age 59

Also on 80 other boards

Mr James Patrick Hewitt

director · Since 03/03/2021

SURVEYOR

BRITISH · UNITED KINGDOM · Age 39

Also on 67 other boards

David Michael Mccann

director · Since 02/12/2020

British · United Kingdom · Age 59

James Patrick Hewitt

director · Since 03/03/2021

British · United Kingdom · Age 39

Former

Robert John Marcus

secretary · Resigned 04/04/2022

Robert John Marcus

director · Resigned 04/04/2022

Gary Alan Roberts

director · Resigned 17/11/2022

Gary David Varley

director · Resigned 26/01/2026

Matthew James Garner

director · Resigned 01/04/2026

Persons with Significant Control

Pcp Iii Gp Llp As General Partner Of Praxis Capital Partners Iii Lp

75–100% shares
75–100% votes

9th Floor, Ship Canal House, Manchester, M2 4WU

Reg: Oc434278 · Register Of Companies · Limited Liability Partnership

Notified 03/12/2020

Former PSCs

Praxis Real Estate Management Limited

Ceased 03/12/2020

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 16/10/2025Registered 20/10/2025
Charge
outstanding

HSBC UK BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES.

Created 10/02/2022Registered 14/02/2022
Charge
outstanding

HSBC UK BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES (SECURITY AGENT)

Created 23/12/2021Registered 23/12/2021

Change History

officer appointedHEWITT, James Patrick
2026-08-24
officer appointedMCCANN, David Michael
2026-08-24
statusactive
2026-08-24

Active

typeltd
2026-08-24

Private Limited Company

address line19th Floor Ship Canal House
2026-08-24

9TH FLOOR SHIP CANAL HOUSE

post townManchester
2026-08-24

MANCHESTER

CompanyRankvs 64625+ SIC 68100 peers
40

Financial strength96th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£1.2M

Balance sheet strength

Cash

£377k

Cash in the bank

Net Current Assets

-£7.9M

Working capital

Current Assets

£634k

Current Liabilities

£8.5M

Debtors

£257k

Profit After Tax

£1.1M

0avg. employees-3

Balance Sheet

Assets less current liabilities£5.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£870k
20230.17

Derived from filed accounts. Not audited figures.