At risk

Pier Solutions (international) Ltd·SC503291

Net liabilities of £2.1m — assets do not cover obligations.

View on Companies House

Pier Solutions (international) Ltd

PIER SOLUTIONS (INTERNATIONAL) LTD·Company no. SC503291·United Kingdom

Active on the registerInc. 2015 · 11 yrs oldPrivate Limited CompanySIC 71129·Other engineering activities

The Firmwatch take

Pier Solutions (international) Ltd is a 11-year-old architecture and engineering, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show -GBP 2.1m in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.

Refreshed 24 May 2026

Pulse · Net assets, 20242024

↗ £31k
20242024

Incorporated

14 April 2015

11 years on the register

Sector

Other engineering activities

SIC 71129

Size

Not classified

 

Net assets

−£2.1m

Bottom 10% in sector

Cash at bank

Not disclosed

Not required for this filing type

Latest filing

None yet

 

Financial snapshot

At riskYear ending 31 Dec 2024

-£2,090,398

One or more extracted financial signals need immediate review. This headline uses extracted Companies House accounts data, not private credit bureau information.

Net assets trend

£30,509

From Companies House filing for year ending 31 Dec 2024, imported 24 May 2026.

Source-backed indicators, not a credit decision.

Net assets

What is left after liabilities are deducted from assets.

-£2,090,398

Working capital

Short-term assets minus short-term liabilities.

£179,870

Current assets

Assets expected to turn into cash within the next year.

£1,629,645

Current liabilities

Amounts due within one year, including short-term creditors.

£1,449,775

Current ratio

Current assets divided by current liabilities. Above 1.0 is usually easier to fund.

1.12

risk

Negative net assets

The latest filed accounts show liabilities exceeding assets.

Get alerted when these accounts change Monitor this company

Analytics

Risk, value and sector comparison

Insolvency risk

34/100

watch risk

Estimated public-data value

-£2,090,398 - £0

low confidence - negative net assets visible value

Sector comparison

Sector: Architecture and Engineering

Sample: 32,957 companies

Negative net assets: 13.2%

Net assets vs sector median
-£2,094,881
Working capital vs sector median
£171,599
Sector median current ratio
1.53
  • Negative net assets

    Visible liabilities exceed visible assets in the extracted accounts.

Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.

Balance sheet

Full extracted balance sheet

Bottom 10% in sector · Sector medians shown for 32,957 filers in this sector (2024).

  • Cash at bank

    Bank balances disclosed in the public accounts.

    Not disclosed

  • Current assets

    Assets expected to turn into cash within one year.

    £1,629,645

  • Current liabilities

    Amounts due within one year (short-term creditors).

    £1,449,775

  • Working capital

    Current assets minus current liabilities.

    £179,870

    Median £8k

  • Fixed assets

    Long-term tangible and intangible assets.

    £1,018,686

  • Total assets less current liabilities

    Fixed assets plus working capital.

    £1,198,556

  • Net assets

    What's left after liabilities are deducted from assets.

    -£2,090,398

    Median £4k

  • Equity (capital & reserves)

    Shareholder funds.

    £134,000

  • Current ratio

    Current assets divided by current liabilities. Above 1.0× is usually easier to fund.

    1.1×

    Median 1.5×

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.

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© Firmwatch · Data sourced from Companies House under the Open Government Licence v3.0Last refresh · 24 May 2026