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Providence Capital Securities Ltd.

03570573

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

271 HOE STREET, LONDON, E17 9PT
Incorporated 27/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Naheed Hussain

secretary · Since 27/05/1998

BRITISH · Age 50

Also on 1 other board

Mr Asaf Hussain

director · Since 27/05/1998

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 56

Also on 4 other boards

Persons with Significant Control

Mr Asaf Hussain

75–100% shares
75–100% votes
Appoint directors

British · England · Age 56

271, Hoe Street, London, E17 9PT

Notified 06/04/2016

Charges11 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 06/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESMINSTER BANK PLC

Created 21/10/2019Registered 04/11/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/10/2019Registered 17/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
Charge
satisfied

HSBC BANK PLC

Created 18/06/2013Registered 22/06/2013Satisfied 24/10/2019
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 26/06/2007Registered 28/06/2007Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 25/06/2007Registered 28/06/2007Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 25/06/2007Registered 28/06/2007Satisfied 15/06/2012
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 08/08/2006Registered 09/08/2006Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 04/08/2006Registered 05/08/2006Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 21/12/2005Registered 05/01/2006Satisfied 27/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/09/2005Registered 04/10/2005Satisfied 15/06/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/08/2005Registered 19/08/2005Satisfied 15/06/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/06/2005Registered 02/07/2005Satisfied 15/06/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/05/2005Registered 01/06/2005Satisfied 15/06/2012
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 01/04/2005Registered 15/04/2005Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 01/04/2005Registered 09/04/2005Satisfied 27/07/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/02/2005Registered 24/02/2005Satisfied 15/06/2012
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 30/01/2004Registered 03/02/2004Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 27/03/2003Registered 03/04/2003Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 31/07/2002Registered 15/08/2002Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 31/07/2002Registered 08/08/2002Satisfied 27/07/2013
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 31/07/2002Registered 08/08/2002Satisfied 27/07/2013
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 12/06/1998Registered 24/06/1998Satisfied 28/08/2002
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 12/06/1998Registered 24/06/1998Satisfied 28/08/2002

CompanyRankvs 32648+ SIC 68209 peers
63

Financial strength99th percentile among SIC peers · 25/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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32648Providence Capital Securities Ltd.
69
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.

Employees12/15 pts

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

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£5.4M

Balance sheet strength

Cash

£632

Cash in the bank

Net Current Assets

-£270k

Working capital

Current Assets

£1.9M

Current Liabilities

£2.2M

Fixed Assets

£11.8M

Debtors

£1.9M

2avg. employees

Tax at Year End

Corp tax£312k

Balance Sheet

Bank loans & overdrafts£5.4M
Assets less current liabilities£11.5M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87-£11k
20230.90+£346k
20220.81+£186k
20210.85—

Derived from filed accounts. Not audited figures.