# PASSING TRADE LTD (05750225)

> PASSING TRADE LTD is an active private limited company (company number 05750225) incorporated on 21 March 2006, registered in Maidenhead. Its registered activity is other information technology service activities (SIC 62090). Latest small accounts cover the period ending 31 July 2025, showing net assets of £1,055 and cash of £988, with 2 employees on average. Net assets rose 103% on the prior period (−£31k).

- Status: Active
- Incorporated: 2006-03-21
- Registered office: Maidenhead, SL6 1RR
- SIC 62090: Other information technology service activities
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-04-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 1,188 comparable companies in Reading (median £7,089, upper quartile £73k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £1,055 | £988 | £16k | — | — | — | 2 |
| 2024-07-31 | −£31k | £522 | £29k | — | — | — | 0 |

size band micro.

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

- Net assets above zero: Net assets £1,055 at 31 July 2025
- Net assets up 10% or more on the prior period: +103.4% vs prior period
- Incorporated five or more years ago: Incorporated 21 March 2006

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

## Persons with significant control

- Mr Neil Mchugh — owns 75–100% of shares, since 2017-03-21

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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/05750225
HTML: https://firmoscan.com/company/05750225-passing-trade-ltd