PSWORLD 473 LTD

Executive Summary

PSWORLD 473 LTD is an early-stage micro-entity operating in the niche IT services sector, reflecting typical start-up financial characteristics with minimal assets and negative working capital. While the UK IT services industry is growing rapidly with strong demand for digital transformation, the company’s current scale and financial position limit its ability to compete with established players. The firm’s future success will hinge on its capacity to secure clients swiftly and invest in operational growth to leverage broader sector trends.

PSWORLD 473 LTD - Analysis Report

Company Number: 15471699

Analysis Date: 2025-07-29 17:27 UTC

1. Industry Classification
   PSWORLD 473 LTD operates within SIC code 62090, classified as “Other information technology service activities.” This sector encompasses a range of IT service providers offering specialized, often bespoke IT solutions and consultancy not specifically covered by other IT categories such as software publishing or standard consultancy. Companies in this sector typically serve as niche technology service providers, focusing on emerging technologies, IT infrastructure support, or tailored software services. The sector is characterized by rapid innovation, dependency on skilled personnel, and relatively low fixed asset intensity compared to manufacturing industries.

2. Relative Performance
   Given PSWORLD 473 LTD’s very recent incorporation (February 2024) and micro-entity accounting classification, its financial scale is minimal, with net assets of only £100 and net current liabilities of £2,335 as of February 2025. Compared to typical industry peers, even small IT service firms usually report higher current assets and positive working capital to support operational activities. The low asset base and negative net current assets indicate the company is still in an embryonic stage, likely focusing on initial setup, development, or pre-revenue activities. The single director and lack of employees beyond the director align with a micro-business profile, which is common in early-stage IT service startups.

3. Sector Trends Impact
   The IT services sector in the UK is experiencing strong growth driven by digital transformation, cloud adoption, cybersecurity demand, and AI integration. However, these trends also imply increasing competition and a need for continuous investment in talent and technology. For a micro-entity like PSWORLD 473 LTD, the challenge lies in scaling operations and securing clients quickly to capitalize on sector growth. The sector’s general move toward outsourcing and managed service provision offers opportunities but requires robust operational capacity and financial stability, which the company has yet to demonstrate. Additionally, Brexit-related regulatory changes and global supply chain issues may indirectly affect IT service costs and talent availability.

4. Competitive Positioning
   PSWORLD 473 LTD is positioned as a niche entrant in the IT services sector, currently at the start-up phase with limited financial resources and operational scale. Compared to established competitors, including small and medium IT consultancies, the company has yet to build significant market presence or financial resilience. Strengths include the agility and low overhead typical of micro-entities, allowing flexibility in service offerings and client engagement. Weaknesses involve very limited asset base, negative working capital, and a single-person leadership structure, which constrain growth and risk management. Without external investment or rapid client acquisition, the company risks cash flow constraints typical of early-stage IT firms.