PRECIPICE LTD

Company number 12445807 · Active · Newquay TR7 2SX

C
Firmoscan score 60/100

PRECIPICE LTD is an active private limited company (company number 12445807) incorporated on 6 February 2020, registered in Newquay. Its registered activity is video production activities (SIC 59112). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £52, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 100% on the prior period (£11k).

By net assets it sits in the lower half of 1,758 comparable companies in Other (median £385, upper quartile £13k).

Key dates

Incorporated
6 February 2020
Next accounts due
28 November 2026 — in 39 days
Confirmation statement due
20 February 2027 — in 123 days

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

Activity

SIC 59112
Video production activities
Accounts type
Micro Entity
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 28 February 2025

Net assets
Net assetsFeb 2024: £11k; Feb 2025: £52£11k£52Feb 2024Feb 2025
Average employees
Average employeesFeb 2024: 2; Feb 2025: 121Feb 2024Feb 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
28 February 2025£52——£3,557——1
29 February 2024£11k——£30k——2
Current ratio
1.03

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.

Firmoscan score: 60/100 (grade C)

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

Ownership and control

  • Mr Sam William Wekesa Taylor — owns 25–50% of shares; holds 25–50% of voting rights · since 24 July 2023
  • Mr Philip Alexander Carter — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors · since 6 February 2020 · ceased 23 August 2023

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

Similar companies in the UK

Same activity (video production activities), closest in incorporation date.

Reminders for PRECIPICE LTD

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