PROJECT SKETCH LIMITED
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
—
Period ending 2026-04-30
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-04-30
| Metric | Trend | 2024-04-30 | 2025-04-30 | 2026-04-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £18,861,000 | £17,869,000 | £18,926,000 | +5.9% | |
| Operating profit | -£1,051,000 | £225,000 | — | — | |
| Profit before tax | -£2,266,000 | -£1,083,000 | — | — | |
| Net profit | -£2,428,000 | -£934,000 | — | — | |
| Cash | £2,455,000 | £1,013,000 | — | — | |
| Total assets less current liabilities | £20,901,000 | £17,793,000 | — | — | |
| Net assets | £3,718,000 | £2,959,000 | — | — | |
| Equity | £3,718,000 | £2,959,000 | — | — | |
| Average employees | 182 | 158 | — | — | |
| Wages | £6,168,000 | £5,480,000 | — | — | |
| Directors' remuneration | £362,000 | £393,000 | — | — | |
| Directors' pension contributions | £41,000 | £42,000 | — | — | |
| Highest paid director | £179,000 | £197,000 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-04-30 | 2025-04-30 | 2026-04-30 |
|---|---|---|---|---|
| Operating margin | -5.6% | 1.3% | — | |
| Net margin | -12.9% | -5.2% | — | |
| Return on capital employed | -5.0% | 1.3% | — | |
| Gearing (liabilities / total assets) | 85.1% | 86.2% | — | |
| Current ratio | 2.16x | 2.07x | — | |
| Interest cover | -0.87x | 0.17x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors note the results of such assessment, including that the Group has significant cash resources amounting to £1.0m as at 30 April 2026, an undrawn overdraft amounting to £1.5m and relatively low levels of bank borrowings. At the date of signing these accounts, after making enquiries, the Directors have a reasonable expectation that the Company and Group has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing these accounts. The Company and Group therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- PROJECT SKETCH LIMITED · parent
- Fotomechanix Limited 100%
- Precision Micro Limited 100%
Significant events
- “Cash generation continued to be strong in 2025/26 with Cash from operating activities at £2.2m, combined with opening Cash of c.£1.0m, helping to fund a c.£0.5m investment in tangible and intangible fixed assets, payment of interest on bank borrowings of c.£0.5m, and a net c.£1.2m repayment of borrowings.”
- “There are no post balance sheet events to report.”
- “At 30 April 2026, the Company had contracted capital expenditure commitments of £301,000 (2025: £nil) in respect of the acquisition of plant and equipment.”
- “As at 30 April 2024 the Company held a provision of £685,000 in respect of further costs associated with the remediation of damage caused during a major fire incident in November 2019 at our site in Birmingham, United Kingdom. The project is now completed.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRETT, Tim | Director | 2018-10-15 | Aug 1973 | British |
| HANDY, Christopher | Director | 2018-04-21 | Apr 1965 | British |
| HOWDEN, Mark Christopher | Director | 2021-02-17 | Dec 1980 | British |
| JOHNSON, David Graham | Director | 2018-04-21 | Sep 1961 | British |
| TAYLOR, Michael | Director | 2018-04-21 | Jan 1973 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCMURRAY, Ian Robert, Mark | Director | 2018-02-28 | 2020-12-07 |
| SCHOFIELD, Robert | Director | 2018-04-21 | 2021-02-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ldc Vii Lp | Corporate entity | Shares 50–75%, Voting 25–50% | 2018-04-21 | Active |
| Mr Ian Robert, Mark Mcmurray | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-02-28 | Ceased 2018-04-21 |
Filing timeline
Last 20 of 46 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-26 | AA | accounts | Accounts with accounts type group | |
| 2026-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AA | accounts | Accounts with accounts type group | |
| 2025-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-05 | AA | accounts | Accounts with accounts type group | |
| 2024-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-21 | AA | accounts | Accounts with accounts type group | |
| 2023-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-19 | AA | accounts | Accounts with accounts type group | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-06 | AA | accounts | Accounts with accounts type group | |
| 2021-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-04-07 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2021-03-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2021-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2021-02-15 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2021-02-02 | AA | accounts | Accounts with accounts type group | |
| 2020-12-08 | TM01 | officers | Termination director company with name termination date | |
| 2020-08-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.