P1 COMMUNICATIONS LIMITED Financials
- Company number
- 05589500Copy
Copy - Registered office
- Crown House, 9 Duke Street, Richmond, Surrey TW9 1HP
- Incorporated
- 11/10/2005
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-65.01%vs 20232023: £25.57K
Total Assets
-9.63%vs 20232023: £63.84K
Total Liabilities
27.37%vs 20232023: £38.27K
Employees
-2vs 20232023: 9
In 2024, P1 COMMUNICATIONS LIMITED reported net assets of £8.95K. The same filing shows total assets of £57.69K and total liabilities of £48.74K. Reported headcount was 7 in 2024. Net Assets fell from £25.57K in 2023 to £8.95K in 2024 (-65.01%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-65.01%from £25.57K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures P1 COMMUNICATIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-51%vs 2022-30% a year compound (CAGR)
Total Assets
-17%vs 2022-8.9% a year compound (CAGR)
Total Liabilities
-4.9%vs 2022-2.5% a year compound (CAGR)
Employees
+40%vs 2022+2Biggest increase
Employees+40%
5 in 2022 to 7 in 2024
Biggest decrease
Net Assets-51%
£18.26K in 2022 to £8.95K in 2024
P1 COMMUNICATIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from P1 COMMUNICATIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 15.51%2024
- Liabilities to total assets
- 84.49%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for P1 COMMUNICATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 19.46K | 18.26K | 25.57K | 8.95K |
| Total Assets£ | 62.91K | 69.52K | 63.84K | 57.69K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 43.45K | 51.26K | 38.27K | 48.74K |
| Employees | 4 | 5 | 9 | 7 |
P1 COMMUNICATIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has P1 COMMUNICATIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for P1 COMMUNICATIONS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did P1 COMMUNICATIONS LIMITED report in 2024?
P1 COMMUNICATIONS LIMITED reported net assets of £8.95K for 2024. That compares with £25.57K in 2023, a change of -65.01%.
What total assets did P1 COMMUNICATIONS LIMITED report in 2024?
P1 COMMUNICATIONS LIMITED reported total assets of £57.69K for 2024. That compares with £63.84K in 2023, a change of -9.63%.
What total liabilities did P1 COMMUNICATIONS LIMITED report in 2024?
P1 COMMUNICATIONS LIMITED reported total liabilities of £48.74K for 2024. That compares with £38.27K in 2023, a change of 27.37%.
How many people does P1 COMMUNICATIONS LIMITED employ?
P1 COMMUNICATIONS LIMITED reported 7 employees in 2024, compared with 9 in 2023.
How have P1 COMMUNICATIONS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, P1 COMMUNICATIONS LIMITED's net assets fell by 51%, total assets fell by 17%, total liabilities fell by 4.9% and employee numbers rose by 40%. Net assets contracted at 30% a year across the two years to 2024, from £18.26K to £8.95K. Reported headcount went from 5 in 2022 to 7 in 2024 (+2).
Which years of P1 COMMUNICATIONS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.