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Picsart Uk Limited

13741239

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

INTERNATIONAL HOUSE, LONDON, E1 6BD
Incorporated 12/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Wei Ding

director · Since 01/11/2025

CFO

AMERICAN · UNITED STATES · Age 52

Persons with Significant Control

Mr Hovhannes Avoyan

25–50% shares
25–50% votes
Appoint directors

Armenian · United States · Age 61

Optima Onyx Tower, Suite 1103, Florida, 33009

Notified 12/11/2021

CompanyRankvs 1321+ SIC 62011 peers
66

Financial strength44th percentile among SIC peers · 11/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.52× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 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.

Liquidity20/20 pts

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

Longevity5/15 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

£100

Balance sheet strength

Cash

£229k

Cash in the bank

Net Current Assets

£776k

Working capital

Current Assets

£1.1M

Current Liabilities

£307k

Debtors

£854k

25avg. employees-2

Balance Sheet

Assets less current liabilities£776k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20243.52
20233.56
20222.18

Derived from filed accounts. Not audited figures.