Active - Proposal to Strike off11013770Private limited companyNewport Pagnell

PETROCAD LTD

E10/100
Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved.
Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

PETROCAD LTD is an active (proposal to strike off) private limited company (company number 11013770) incorporated on 16 October 2017, registered in Newport Pagnell. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 31 October 2025, showing net assets of −£25k, with 1 employee on average. Net assets fell 4% on the prior period (−£24k).

Peer position · net assets

By net assets it sits in the bottom quarter of 560 comparable companies in Milton Keynes (median £2,430, upper quartile £40k).

02

Key dates

Incorporated
16 October 20179 yrs ago
Next accounts due
31 July 2027in 282 days
Confirmation statement due
30 October 2026in 8 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 62012
Business and domestic software development
Accounts type
Total Exemption Full
Size band
MicroCompanies Act thresholds
04

Financials

2 periods on record · latest ending 31 October 2025
Net assets
−£25k
vs Oct 2024
Cash at bank
Not reported
Turnover
Not reported
Employees
1
No changevs Oct 2024
Net assets
−£25k
Average employees
1
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 October 2025−£25k——£11k——1
31 October 2024−£24k£1,343—£11k——1
Current ratio0.04Current liabilities exceed current assets

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

05

Firmoscan score

Rules-based · every point shows its evidence
10 / 100 · grade E
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
−15Negative net assetsNet assets £-24,515 at 2025-10-31
−8Current liabilities exceed current assetsCurrent ratio 0.04
+8EstablishedIncorporated 2017-10-16 (9 years)
−25Status not ActiveActive - Proposal to Strike off
10Score, grade E

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active
  • Director Sasan Phil Ward
    Individual · since 16 October 2017
    • owns 75–100% of shares
    • holds 75–100% of voting rights

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Next accounts duein 282 days
  2. Confirmation statement duein 8 days
  3. Accounts period endNet liabilities £25k · small accounts
  4. Accounts period endNet liabilities £24k · small accounts
  5. Incorporated
08

Similar companies in Milton Keynes

Same activity (business and domestic software development), closest in incorporation date
09

Reminders for PETROCAD LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.