UK Companies House feature
PSI METALS UK LIMITED
Cash
£2M
-26.4% vs 2023
Net assets
£3M
+4.6% vs 2023
Employees
18
-5.3% vs 2023
Profit before tax
£714K
+7.1% vs 2023
Profile
- Company number
- 04531997
- Status
- Active
- Incorporation
- 2002-09-11
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | £667,040 | £714,350 | |
| Net profit | — | — | — | — | £480,626 | £603,278 | |
| Cash | — | — | — | — | £2,209,136 | £1,625,000 | |
| Total assets less current liabilities | — | — | — | — | £3,108,105 | £3,161,880 | |
| Net assets | — | — | — | — | £2,640,899 | £2,763,551 | |
| Equity | £2,349,425 | — | — | — | £2,640,899 | £2,763,551 | |
| Average employees | — | — | — | — | 19 | 18 | |
| Wages | — | — | — | — | £1,452,755 | £1,248,554 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Gilberts Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “During the period the Company incurred research and development expenditure for new innovative software totalling £65,795 (year ended 31st December 2023 - £61,642). These intellectual property rights are protected by license agreements.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SELVATHASAN, Chelliah | Secretary | 2007-05-24 | — | British |
| CLEMENTS, Julie Claire | Director | 2022-04-01 | May 1974 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHAW, Catherine Sheilah | Secretary | 2003-01-15 | 2007-05-24 |
| EPS SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-09-11 | 2003-01-15 |
| BUSCH, Sven | Director | 2014-11-12 | 2016-01-01 |
| FERGUSON, Mark Thomson | Director | 2016-01-01 | 2018-09-20 |
| GEDRYCH, Timothy James | Director | 2016-01-01 | 2020-02-05 |
| KASSIANIDES, Symeon, Doctor | Director | 2003-01-31 | 2014-11-12 |
| KOULINOS, Andreas | Director | 2003-01-31 | 2014-11-12 |
| MCALPINE, Timothy Simon | Director | 2020-02-05 | 2024-04-01 |
| MUSHIN, David Anthony | Director | 2003-01-15 | 2015-03-26 |
| PONTEN, Heinz Josef | Director | 2020-02-05 | 2022-04-01 |
| SCHMITZ, Detlef | Director | 2014-11-12 | 2016-01-01 |
| MIKJON LIMITED | Corporate Nominee Director | 2002-09-11 | 2003-01-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Psi Software Se | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-09-09 | Active |
| Psi Metal Gmbh | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-01 | Ceased 2024-09-09 |
Filing timeline
Last 20 of 106 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-08-19 | AA | accounts | accounts with accounts type full |
| 2025-06-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-14 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-10-14 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-06-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-06-17 | AA | accounts | accounts with accounts type full |
| 2024-04-24 | TM01 | officers | termination director company with name termination date |
| 2023-09-04 | AA | accounts | accounts with accounts type full |
| 2023-06-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-06-20 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2022-06-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-04-04 | AP01 | officers | appoint person director company with name date |
| 2022-04-04 | TM01 | officers | termination director company with name termination date |
| 2022-03-16 | AA | accounts | accounts with accounts type full |
| 2021-06-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-04-09 | AA | accounts | accounts with accounts type group |
| 2020-06-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2020-06-15 | CH03 | officers | change person secretary company with change date |
| 2020-03-02 | AA | accounts | accounts with accounts type group |
| 2020-02-26 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
7.58
SAFE
Altman Z″
- Working capital / Total assets 0.716 × 6.56 = +4.70
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.161 × 6.72 = +1.08
- Book equity / Total liabilities 1.717 × 1.05 = +1.80
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory