PSD LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -19.1%

  £8,526,964 → £6,895,324

  lowest in 4 filed years

• Cash

  -79.7%

  £16,474,900 → £3,342,601

  lowest in 4 filed years

• Net assets

  -99.5%

  £1,840,990 → £9,537

  lowest in 4 filed years

• Employees

  -11.7%

  60 → 53

  lowest in 4 filed years

• Operating profit

  -496.8%

  £126,180 → -£500,711

  lowest in 4 filed years

• Profit before tax

  -18,318.6%

  -£3,727 → -£686,462

  lowest in 4 filed years

• Wages

  -17.6%

  £5,416,801 → £4,465,594

  lowest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. PSD LIMITED 2002-11-15 → present
2. PROFESSIONAL SELECTION & DEVELOPMENT LIMITED 1993-02-18 → 2002-11-15
3. E.R.C. GROUP LIMITED(THE) 1987-03-27 → 1993-02-18
4. ELECTRONICS RECRUITMENT COMPANY LIMITED(THE) 1980-12-31 → 1987-03-27
5. SHORT LIST AND SELECTION LIMITED 1978-01-23 → 1980-12-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Kilsby & Williams LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 31 December 2024 the Company had available cash of £3.3m (2023: £7.8 million) and no borrowings. The Group has a loan facility of which £1.0 million remains undrawn. The Directors have prepared base case financial forecasts for the period ending 1 August 2026. Forecast stress testing has demonstrated that the Company could withstand both a material and prolonged decrease in revenue and not require any financial support beyond existing facilities. On this basis, the Directors have a reasonable expectation that the Company will have sufficient available resources to continue operating for at least 12 months from the approval date of these Financial Statements. Accordingly, the Company continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. PSD LIMITED · parent
   1. Hoggett Bowers Interim Management Limited 100% · England

Significant events

• “During the year the Directors made a decision to consolidate from three offices to two. Following the year end the Haywards Heath office was closed and staff relocated to the London office.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.