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Proventus (Uk) Ltd

06764444

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 3, LEEDS, LS11 5SS
Incorporated 03/12/2008

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

20530
Manufacture of essential oils

Officers

Mr Ranjit Singh Panesar

director · Since 05/12/2008

MANAGER

BRITISH · ENGLAND · Age 70

Also on 4 other boards

Mr Parminder Singh Panesar

secretary · Since 30/10/2015

Also on 1 other board

Mr Opinder Singh Panesar

director · Since 30/10/2015

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 48

Mr Parminder Singh Panesar

director · Since 30/10/2015

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Ranjit Singh Panesar

Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 70

Unit 3, Westland Square, Leeds, LS11 5SS

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 16/02/2009Registered 17/02/2009

CompanyRankvs 15+ SIC 20530 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.49× · 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 strength24/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£3.3M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£2.9M

Working capital

Current Assets

£4.1M

Current Liabilities

£1.2M

Fixed Assets

£411k

Debtors

£1.3M

26avg. employees

Tax at Year End

Corp tax£377k
VAT£55k

Balance Sheet

Assets less current liabilities£3.3M
Signed by Mr Ranjit Panesar 2nd July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.49+£1.4M£1.1M
20232.56+£62k£1.9M
20222.23+£486k£493k
20212.13+£136k£1.1M
20202.19+£299k£1.5M
20192.41+£499k£480k
20181.36£6k

Derived from filed accounts. Not audited figures.