The Firmwatch take
Picaid Limited (09889954) currently shows: At risk signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Net liabilities of £2k — assets do not cover obligations.
Companies House source·Accounts to 31 Mar 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Incorporated
26 November 2015
10 years on the register
Sector
Non-trading company
SIC 74990
Size
Not classified
Net assets
−£2k
-£1,516
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£2k
Cash
Not disclosed
Working cap.
−£2k
Current ratio
0.1×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Risk events · monitored daily
1 event on the watchtower
- 24 Feb 2026
First gazette notice
London Gazette
Get alerted on any new event
If a new Gazette notice, insolvency filing or court order is published for Picaid Limited, we'll email you once.
Recent activity
Filings and risk events
- 24 Feb 2026First gazette notice
People
Who runs this company
- BA
BOCCI, Aidan
director · since 2015
Registered office
Address intelligence
2 other companies registered here.
Likely a privately owned office or residential address.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.