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Proximo Estates Limited

06625304

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

25 DEVONSHIRE PARK, READING, RG2 7DX
Incorporated 20/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Yasien Rashid

director · Since 20/06/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 3 other boards

Mr Raheel Rashid

director · Since 10/02/2021

SELF EMPLOYED

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Yasien Rashid

25–50% shares

British · England · Age 43

25, Devonshire Park, Reading, RG2 7DX

Notified 01/05/2017

Mr Yasin Rashid

25–50% shares

British · England · Age 43

25, Devonshire Park, Reading, RG2 7DX

Notified 01/05/2017

Charges5 outstanding

Charge
outstanding

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CompanyRankvs 52934+ SIC 68209 peers
43

Financial strength89th percentile among SIC peers · 22/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, how

Key FinancialsYear ending 30/06/2025

Net Worth

£463k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£907k

Working capital

Current Assets

£119k

Current Liabilities

£1.0M

Fixed Assets

£2.0M

Debtors

£108k

1avg. employees

Tax at Year End(2024)

Corp tax£9k
VAT£4k

Balance Sheet

Assets less current liabilities£1.0M
Signed by Mr Raheel Rashid 29/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.12+£29k
20240.13+£39k£80k
20230.11£91k

Derived from filed accounts. Not audited figures.