Back to search

Procurement Leaders Limited

05013101

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

Prospero House, 241 Borough High Street, London, SE1 1GA
Incorporated 12/01/2004

Previously known as

Sigaria Limited · until 06/07/2017

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/05/2026

Due 15/05/2027

On track

Industry

58190
Other publishing activities
62090
Other information technology service activities

Officers

Mr Andrew Cox

secretary · Since 20/05/2015

Andrew Cox

secretary · Since 20/05/2015

Nandini Basuthakur

director · Since 01/03/2017

British · England

Mrs Nandini Basuthakur

director · Since 01/03/2017

CEO

BRITISH · ENGLAND

Former

Nationwide Company Secretaries Ltd

corporate secretary · Resigned 13/01/2005

Esther Rees

director · Resigned 17/01/2005

Richard John Bacon

director · Resigned 16/09/2014

David Stuart Gilbertson

director · Resigned 16/09/2014

Alexander Martinez

secretary · Resigned 20/05/2015

Richard John Bacon

director · Resigned 28/02/2017

Mark Anura Perera

director · Resigned 25/07/2019

Richard Charles Pope

director · Resigned 25/07/2019

Alexander Martinez

director · Resigned 25/07/2019

David Stuart Gilbertson

director · Resigned 25/07/2019

Walker Chapman Simmons

director · Resigned 23/01/2020

Jay Ross Henry

director · Resigned 23/01/2020

David Charles Wilkie

director · Resigned 01/01/2024

Katie Kittredge

director · Resigned 04/12/2024

Ken Davis

director · Resigned 03/03/2026

Persons with Significant Control

Morgan Stanley

75–100% shares

Reg: 923632 · New York Stock Exchange · Corporation

Notified 11/01/2020

Former PSCs

Mr Mark Anura Perera

Ceased 25/07/2019

Mr Alex Martinez

Ceased 25/07/2019

World 50, Inc

Ceased 26/11/2024

Charges1 outstanding

Charge
outstanding

BARINGS FINANCE LLC AS ADMINISTRATIVE AGENT FOR THE SECURED PARTIES (AS DEFINED IN THE DOCUMENT

Created 22/03/2024Registered 26/03/2024
Charge
satisfied

BARINGS FINANCE LLC (AS ADMINISTRATIVE AGENT, IN ITS CAPACITY AS TRUSTEE FOR THE SECURED PARTIE

Created 26/06/2020Registered 01/07/2020Satisfied 28/03/2024
Charge
satisfied

BARINGS FINANCE LLC, AS ADMINISTRATIVE AGENT FOR THE SECURED PARTIES (AS DEFINED IN THE UPLOADE

Created 10/01/2020Registered 15/01/2020Satisfied 28/03/2024

Change History

status → active
2026-08-10

Active

type → ltd
2026-08-10

Private Limited Company

address line1 → Prospero House
2026-08-10

PROSPERO HOUSE

post town → London
2026-08-10

LONDON

officer appointed → COX, Andrew
2026-08-10
officer appointed → BASUTHAKUR, Nandini
2026-08-10

CompanyRankvs 29+ SIC 58190 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 5.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group and Parent Company ’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going conc

Key FinancialsYear ending 31/12/2025

Net Worth

£14.0M

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£23.8M

Working capital

Current Assets

£29.4M

Current Liabilities

£5.7M

Fixed Assets

£165k

Debtors

£28.0M

Profit After Tax

£3.5M

112avg. employees

Tax at Year End

Corp tax£74k

Balance Sheet

Intangible assets£9k
Assets less current liabilities£23.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20255.19

Derived from filed accounts. Not audited figures.