Active15446757Private limited companyAberystwyth

PADARN SYSTEMS LTD

C64/100

Owned by Adam Holt and Mathew David John Honey

Summary

Generated from filed data · no estimates

PADARN SYSTEMS LTD is an active private limited company (company number 15446757) incorporated on 27 January 2024, registered in Aberystwyth. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 December 2025, showing net assets of £41k, with 6 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 40% on the prior period (£29k).

Peer position · net assets

By net assets it sits in the upper half of 6,950 comparable companies in Other (median £7,343, upper quartile £42k).

Key dates

Incorporated: 27 January 20242 yrs ago
Next accounts due: 30 September 2027in 343 days
Confirmation statement due: 10 February 2027in 111 days

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

Activity

SIC 43210: Electrical installation
Accounts type: Micro Entity
Size band: MicroCompanies Act thresholds

Financials

2 periods on record · latest ending 31 December 2025

Net assets

£41k

+40%vs Dec 2024

Cash at bank

Not reported

Turnover

Not disclosed

Employees

+200%vs Dec 2024

Net assets

£41k

Average employees

Filed accounts by period, newest first
Period end	Net assets	Cash	Debtors	Creditors <1y	Turnover	Profit	Employees
31 December 2025	£41k	—	—	£121k	—	—	6
31 December 2024	£29k	—	—	£58k	—	—	2

Current ratio0.94Current liabilities exceed current assets

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

Rules-based · every point shows its evidence

64 / 100 · grade C

Score breakdown
50	Starting scoreEvery scored company starts here
+10	Positive net assetsNet assets £40,896 at 2025-12-31
+8	Net assets growing+40.2% vs prior period
−8	Current liabilities exceed current assetsCurrent ratio 0.94
+4	Past first filingsIncorporated 2024-01-27
64	Score, grade C

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.

Ownership and control

2 active

AH
Mr Adam Holt
Individual · since 27 January 2024
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
25–50%
MD
Mr Mathew David John Honey
Individual · since 1 August 2024
- owns 25–50% of shares
25–50%

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

Timeline

Newest first

30 Sept 2027Next accounts duein 343 days
10 Feb 2027Confirmation statement duein 111 days
31 Dec 2025Accounts period endNet assets £41k · micro accounts
31 Dec 2024Accounts period endNet assets £29k · micro accounts
27 Jan 2024Incorporated

Similar companies in the UK

Same activity (electrical installation), closest in incorporation date

All companies incorporated on 27 January 2024 · in Jan 2024.

Reminders for PADARN SYSTEMS LTD

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