# P1L1 LIMITED (03870477)

> P1L1 LIMITED is an active private limited company (company number 03870477) incorporated on 3 November 1999, registered in Hexham. Its registered activity is management consultancy activities other than financial management (SIC 70229). Latest micro accounts cover the period ending 31 December 2024, showing net assets of £102k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 24% on the prior period (£135k).

- Status: Active
- Incorporated: 1999-11-03
- Registered office: Hexham, NE46 3PU
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-11-17
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 1,765 comparable companies in Newcastle (median £3,587, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £102k | — | — | £123k | — | — | 2 |
| 2023-12-31 | £135k | — | — | £96k | — | — | 2 |

current ratio 1.81; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £101,838 at 31 December 2024
- Current assets at least 1.5× creditors within one year: Current ratio 1.81
- Incorporated five or more years ago: Incorporated 3 November 1999
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Graeme Paul Lowdon — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-06-30
- Mrs Wendy Lowdon — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-08-29

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03870477
HTML: https://firmoscan.com/company/03870477-p1l1-limited
