PETER B SERVICES LTD

Executive Summary

PETER B SERVICES LTD operates as a micro-sized IT consultancy facing financial challenges typical of small players in a competitive and rapidly evolving sector. While benefiting from agility and specialized expertise, its recent decline in net assets and working capital deficit signal liquidity and profitability pressures. To strengthen its market position, the company may need to address financial stability and scale operational capabilities in line with industry growth trends.

PETER B SERVICES LTD - Analysis Report

Company Number: 12665185

Analysis Date: 2025-07-20 15:56 UTC

1. Industry Classification
   PETER B SERVICES LTD operates within the Information Technology Consultancy sector, classified under SIC code 62020. This sector primarily involves providing expert advice and services related to IT systems, software development, infrastructure, and digital transformation. Key characteristics of this sector include high reliance on skilled personnel, rapid technological change, and strong competition from both large consultancies and specialized boutique firms.

2. Relative Performance
   As a micro to small business (given turnover and balance sheet thresholds implied by filing exemptions), PETER B SERVICES LTD shows a modest financial footprint. The company’s net assets have declined sharply from £8,890 in FY2023 to £581 in FY2024, reflecting either increased liabilities or a reduction in retained earnings. Current liabilities slightly exceed current assets for FY2024, suggesting tight liquidity and potential short-term cash flow constraints. The small share capital of £1 and a single director indicate a closely held private limited company typical of small IT consultancies. Compared to typical industry norms where firms with strong consultancy practices maintain positive working capital and stable equity, this company appears to be facing financial pressure.

3. Sector Trends Impact
   The IT consultancy industry is currently influenced by trends such as accelerated digital transformation, increased demand for cloud services, cybersecurity, and data analytics. While these trends create growth opportunities, they also intensify competition and require continuous investment in skills and technology. Smaller consultancies like PETER B SERVICES LTD may struggle to scale or invest sufficiently compared to larger players or specialist firms, impacting their market position and profitability. The company’s declining net assets and working capital could be symptomatic of challenges in capturing sufficient contracts or managing operational costs amid these competitive pressures.

4. Competitive Positioning
   PETER B SERVICES LTD is a niche, micro-sized player in the IT consultancy field, likely serving a limited client base or specialized market segment. Its strength lies in the agility and personalized service typical of small consultancies. However, the financials suggest vulnerabilities: diminished net assets and a current year working capital deficit indicate weaker financial resilience compared to sector peers who generally maintain stronger balance sheets to support business growth and absorbing market volatility. The sole director’s background as a computer consultant suggests a hands-on leadership model, but without broader management or financial support, competitive positioning against larger firms or specialist niches may be constrained.