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Proeconomy Limited

02861698

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

23 BEAUFORT COURT ROEBUCK WAY, MILTON KEYNES, MK5 8HL
Incorporated 12/10/1993

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

36000
Water collection, treatment and supply

Officers

Mr Byron Oliver Harvey Bedford

director · Since 21/07/2014

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Nick Bedford

25–50% shares

British · England · Age 70

Fordton House, Crediton, Exeter, EX17 3PS

Notified 06/04/2016

Mrs Birgitta Bedford

25–50% shares
25–50% votes

Dutch · England · Age 69

Fordton House, Crediton, Exeter, EX17 3PS

Notified 06/04/2016

Mr Byron Oliver Harvey Bedford

25–50% shares
25–50% votes

British · United Kingdom · Age 41

First Floor Flat, 33 Tavistock Square, London, WC1H 9EZ

Notified 17/08/2018

Charges0 outstanding

Charge
satisfied

BARNETT WADDINGHAM · BIRGITTA HERMINGUILDUS MARIA BEDFORD · NICHOLAS DAVID BEDFORD

Created 25/06/2015Registered 30/06/2015Satisfied 27/05/2022
charge
satisfied

NICHOLAS DAVID BEDFORD, BIRGITTA HERMINGUILDUS MARIA BEFORD AND BARNETT WADDINGHAM TRUSTEES LIM

Created 03/01/2012Registered 06/01/2012Satisfied 27/05/2022
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 28/01/2004Registered 31/01/2004Satisfied 27/02/2012
charge
satisfied

LLOYDS TSB BANK PLC

Created 12/05/2000Registered 27/05/2000Satisfied 22/01/2004

CompanyRankvs 15+ SIC 36000 peers
90

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.87× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£3.2M

Balance sheet strength

Cash

£864k

Cash in the bank

Net Current Assets

£3.0M

Working capital

Current Assets

£3.8M

Current Liabilities

£785k

Fixed Assets

£167k

Debtors

£2.8M

30avg. employees+5

Tax at Year End

Corp tax£158k
VAT£122k

Director Loans

Company owes directors£88k
Directors owe company£39k

Balance Sheet

Assets less current liabilities£3.2M
Signed by B Bedford 25/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.87+£531k£2.4M
20235.13+£805k—
20213.38+£485k—
20201.86+£177k—
20192.27-£238k—
20182.51——

Derived from filed accounts. Not audited figures.