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Proceed Engineering Solutions Limited

05167516

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

14 DAVID MEWS, LONDON, W1U 6EQ
Incorporated 30/06/2004

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Nicholas Parkin

secretary · Since 30/06/2004

BRITISH · UNITED KINGDOM · Age 68

Also on 69 other boards

Mr Nicholas Parkin

director · Since 17/10/2007

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

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

Significant control

British · United Kingdom · Age 68

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

Notified 30/06/2016

Proceed Holdings Limited

75–100% shares

14, David Mews, London, W1U 6EQ

Reg: 4480342 · Companies House · Private Company Limited By Shares

Notified 30/06/2016

Former PSCs

Mr Richard Herbert Troth

Ceased 01/07/2017

CompanyRankvs 5456+ SIC 62090 peers
77

Financial strength97th percentile among SIC peers · 24/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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5456Proceed Engineering Solutions Limited
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How is this score calculated?
Financial strength24/25 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.

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

£944k

Balance sheet strength

Cash

£121k

Cash in the bank

Net Current Assets

£120k

Working capital

Current Assets

£832k

Current Liabilities

£712k

Fixed Assets

£0

Debtors

£711k

2avg. employees-22

Tax at Year End

Corp tax£22k

Balance Sheet

Intangible assets£925k
Assets less current liabilities£1.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17-£151k
20230.96+£81k
20220.59-£128k
20210.70+£211k
20200.85—
20190.34—

Derived from filed accounts. Not audited figures.