Back to search

Proceed Data Migration Solutions Limited

04275818

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
63 / 100

Some Concerns

25/30
Filing
20/30
Financial
18/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)
  • 1 outstanding charge (-2)

Details

14 DAVID MEWS, LONDON, W1U 6EQ
Incorporated 23/08/2001

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/08/2025

Due 06/09/2026

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Nicholas Parkin

secretary · Since 23/08/2001

BRITISH · UNITED KINGDOM · Age 69

Also on 69 other boards

Mr Nicholas Parkin

director · Since 17/10/2007

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 69 other boards

Mr Robert Phillip Reuben

director · Since 14/02/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Nicholas Parkin

25–50% shares
25–50% votes
Appoint directors
Significant control

British · United Kingdom · Age 69

C/O Price Bailey Llp, 24 Old Bond Street, London, W1S 4AP

Notified 30/06/2016

Proceed Holdings Limited

75–100% shares
75–100% votes
Significant control

14, David Mews, London, W1U 6EQ

Reg: 4480342 · England & Wales · Private Company Limited By Shares

Notified 30/06/2016

Former PSCs

Mr Richard Herbert Troth

Ceased 30/06/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/09/2003Registered 26/09/2003

Insolvency History1 case

corporate voluntary arrangement

Lane Gary Bednash (practitioner)

CompanyRankvs 9642+ SIC 62020 peers
56

Financial strength91th percentile among SIC peers · 23/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.38× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
Show leaderboard
1Technology Means Business Limited
90
2Carr Royd Parks Limited
90
3Concentration Heat And Momentum Limited
90
4Quill Pinpoint Limited
90
5Tba Doncaster Limited
90
6Optio Systems Limited
90
7Intech Limited
90
8Hamilton Grant Software Ltd.
90
9Amshire Solutions Limited
90
10Communications Software (Airline Systems) Limited
90
9642Proceed Data Migration Solutions Limited
76
How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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

Insolvency history: -10 pts

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

£147k

Balance sheet strength

Cash

£112k

Cash in the bank

Net Current Assets

£160k

Working capital

Current Assets

£581k

Current Liabilities

£421k

Fixed Assets

£0

Debtors

£469k

2avg. employees

Tax at Year End

Corp tax£6k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.38+£28k
20231.40—

Derived from filed accounts. Not audited figures.