The Firmwatch take
P1 Ipgl Limited (15712880) currently shows: At risk signal detected, based on accounts to 31 March 2025; last refreshed 24 May 2026. Net liabilities of £293k — 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.
Incorporated
10 May 2024
2 years on the register
Sector
Activities of venture and development capital companies
SIC 64303
Size
Not classified
Net assets
−£293k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
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.
Current ratio below 1.0
Current assets are below current liabilities.
Money
What the balance sheet says
Net assets
−£293k
Bottom 10% in sector · sector median £3k · 47,532 filers in this sector
Cash
Not disclosed
Working cap.
−£293k
Median £9k
Current ratio
1.0×
Median 1.6×
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.
Sector benchmark · Finance and Insurance
How this company compares in 47,532 filers in this sector
Bottom 10% in sector — P1 Ipgl Limited shows −£293k in net assets. Sector median is £3k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- BS
BRAZIER, Simon Richard
director · since 2025
Registered office
Address intelligence
74 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Address pattern · RG9 2AD
74 other UK companies registered at this postcode.
Active
73
Dissolved
1
Strike-off action
0
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.