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Procure Direct Limited

05518077

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

2 CROFTON DRIVE, LINCOLN, LN3 4NR
Incorporated 26/07/2005

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

25210
Manufacture of central heating radiators and boilers
27400
Manufacture of electric lighting equipment
43210
Electrical installation

Officers

Mr Spencer Lee Coffin

secretary · Since 26/07/2005

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Miss Helen Anita Callaway

director · Since 26/07/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Mr Spencer Lee Coffin

director · Since 11/03/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Persons with Significant Control

Miss Helen Anita Callaway

25–50% shares

British · England · Age 55

2, Crofton Drive, Lincoln, LN3 4NR

Notified 01/07/2016

Mr Spencer Lee Coffin

25–50% shares

British · United Kingdom · Age 52

2, Crofton Drive, Lincoln, LN3 4NR

Notified 09/01/2024

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/06/2020Registered 30/06/2020
Charge
outstanding

HSBC BANK PLC

Created 26/10/2015Registered 29/10/2015
charge
outstanding

HSBC BANK PLC · HSBC BANK PLC

Created 16/09/2006Registered 19/09/2006

CompanyRankvs 105+ SIC 25210 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£830k

Balance sheet strength

Cash

£286k

Cash in the bank

Net Current Assets

£542k

Working capital

Current Assets

£770k

Current Liabilities

£227k

Fixed Assets

£340k

Debtors

£3k

14avg. employees+2

Balance Sheet

Assets less current liabilities£882k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.38+£130k
20243.35+£54k
20232.66+£146k
20222.89+£2k
20213.45+£98k
20202.03+£91k
20197.48+£1k
20185.96

Derived from filed accounts. Not audited figures.