# PSR1 LIMITED (15109945)

> PSR1 LIMITED is an active private limited company (company number 15109945) incorporated on 1 September 2023, registered in Chester Le Street. Its registered activity is renting and operating of housing association real estate (SIC 68201). Latest small accounts cover the period ending 30 September 2025, showing net assets of −£23k and cash of £4,533, with 0 employees on average. Net assets fell 73% on the prior period (−£13k).

- Status: Active
- Incorporated: 2023-09-01
- Registered office: Chester Le Street, DH2 1LR
- SIC 68201: Renting and operating of Housing Association real estate
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-15
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 97 comparable companies in Newcastle (median £1, upper quartile £1,085).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | −£23k | £4,533 | £27 | £124k | — | — | 0 |
| 2024-09-30 | −£13k | £22k | — | £37k | — | — | 0 |

current ratio 0.04; size band micro.

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

- Net assets below zero: Net assets £-22,553 at 30 September 2025
- Net assets down 25% or more on the prior period: -73.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.04
- Incorporated two to five years ago: Incorporated 1 September 2023

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

## Persons with significant control

- Mr Palwinder Singh Randhawa — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-09-01
- Mrs Sukhjinder Randhawa — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-09-01

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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/15109945
HTML: https://firmoscan.com/company/15109945-psr1-limited