Psi Absolute Limited

Psi Absolute Limited, based in Newbridge, UK, is a small holding company with an active status, established 42 years ago in 1982. The company employs 21 people and holds assets valued at £667,421. With four directors and one owner, it operates from a real address and regularly imports furniture, lighting, and prefabricated buildings – a total of 16 months of import activity recorded, with the most recent operation in March 2024.

The company’s primary focus is providing interpreting and translation services, as evidenced by its website. It caters to a wide range of sectors, including medical, life sciences, charities, legal, manufacturing, technology, and consumer services. The website highlights a commitment to quality, experience, and delivery, boasting eight-time award-winning service in 390 languages. It offers a diverse range of services, from translation and interpreting to braille transcription and international voiceovers, with a strong emphasis on online chat and email translation. The website also features a careers section, showcasing opportunities for linguists and highlighting the company’s core values, including flexibility, integration, and personalization.

Financially, Psi Absolute Limited presents a mixed picture. Current assets decreased by 2.9% to £670,000, while net assets increased by 92% to £200,000. Bank borrowings decreased by 39% to £110,000, and cash reserves decreased by 77% to £23,000. Creditors decreased by 16% to £670,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. However, the decrease in cash reserves and the increase in other creditors by 280% raise questions about its short-term liquidity. The company is exempt from an audit as a small company, so the financial statements are unaudited.

Registered in Scotland under the registration number SC079054, with a registered address at EH28 8PL, Scotland, Newbridge, Unit 4 F Lochend Industrial Estate, Queen Anne Drive.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.