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Accept & Proceed Limited

06225749

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

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

Details

ASM HOUSE, HASSOCKS, BN6 8QL
Incorporated 25/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr David Jonathan Johnston

director · Since 01/05/2007

CREATIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Mr Matthew Jonathan Jones

director · Since 02/10/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 3 other boards

Mr Stephen Heath

director · Since 30/03/2015

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Matthew Jonathan Jones

25–50% votes

British · United Kingdom · Age 51

Asm House, 103a Keymer Road, Hassocks, BN6 8QL

Notified 19/04/2017

Mr David Jonathan Johnston

25–50% shares
50–75% votes

British · United Kingdom · Age 49

Asm House, 103a Keymer Road, Hassocks, BN6 8QL

Notified 19/04/2017

Mr Stephen Heath

25–50% shares

British · United Kingdom · Age 44

Asm House, 103a Keymer Road, Hassocks, BN6 8QL

Notified 19/04/2017

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/11/2021Registered 26/11/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/11/2021Registered 24/11/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/11/2021Registered 17/11/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 14/12/2015Registered 16/12/2015Satisfied 14/01/2022
charge
satisfied

BARCLAYS BANK PLC

Created 02/09/2011Registered 06/09/2011Satisfied 23/03/2023
charge
satisfied

BARCLAYS BANK PLC

Created 05/05/2011Registered 14/05/2011Satisfied 14/01/2022

CompanyRankvs 1152+ SIC 74100 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.05× · 12/20
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 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.

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

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

Key FinancialsYear ending 31/03/2025

Net Worth

£498k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.0M

Fixed Assets

£1.8M

Debtors

£826k

24avg. employees-8

Tax at Year End(2023)

Dividends paid£194k

Balance Sheet

Intangible assets£64k
Bank loans & overdrafts£1.4M
Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05-£1.8M
20242.11-£75k
20232.35

Derived from filed accounts. Not audited figures.