The Firmwatch take
Phaeste Ltd is a 4-year-old information technology, active on the Companies House register. The latest filed accounts (year to 31 July 2025) show £16k in net assets, with no distress signals detected. Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
1 public risk event on file
Pulse · Net assets, 2024–2025
↗ £15kIncorporated
16 July 2021
4 years on the register
Sector
Business and domestic software development
SIC 62012
Size
Not classified
Net assets
£16k
£15,551
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
4/100
low risk
Estimated public-data value
£11,663 - £20,994
medium confidence - net asset range
Sector comparison
Sector: Information Technology
Sample: 67,288 companies
Negative net assets: 17.0%
- Net assets vs sector median
- £14,174
- Working capital vs sector median
- £10,295
- Sector median current ratio
- 1.49
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£20,952
Current liabilities
Amounts due within one year (short-term creditors).
£5,779
Working capital
Current assets minus current liabilities.
£15,173
Fixed assets
Long-term tangible and intangible assets.
£978
Total assets less current liabilities
Fixed assets plus working capital.
£16,151
Net assets
What's left after liabilities are deducted from assets.
£15,551
Equity (capital & reserves)
Shareholder funds.
£15,551
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.