# PRINCIPAL SYSTEM SOLUTIONS LTD (04692146)

> PRINCIPAL SYSTEM SOLUTIONS LTD is an active private limited company (company number 04692146) incorporated on 10 March 2003, registered in Salisbury. Its registered activity is other information technology service activities (SIC 62090). Latest micro accounts cover the period ending 31 March 2025, showing net assets of −£28k, 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 rose 22% on the prior period (−£35k).

- Status: Active
- Incorporated: 2003-03-10
- Registered office: Salisbury, SP1 3NY
- SIC 62090: Other information technology service activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-24
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 4,928 comparable companies in Other (median £2,628, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£28k | — | — | £33k | — | — | 2 |
| 2024-03-31 | −£35k | — | — | £38k | — | — | 2 |

current ratio 0.14; size band micro.

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

- Net assets below zero: Net assets £-27,740 at 31 March 2025
- Net assets up 10% or more on the prior period: +21.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.14
- Incorporated five or more years ago: Incorporated 10 March 2003

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

## Persons with significant control

- Mr Nicholas Muir — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mrs Karin Dawn Muir — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-04-01

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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/04692146
HTML: https://firmoscan.com/company/04692146-principal-system-solutions-ltd