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Global Procurement Services (London) Ltd

06828938

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

2 COVENT GARDEN CLOSE, LUTON, LU4 8QB
Incorporated 24/02/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46150
Agents involved in the sale of furniture, household goods, hardware and ironmongery

Officers

Mr Mohammed Saud Khan

director · Since 16/03/2009

PROCYREMENT

AMERICAN · UNITED STATES · Age 54

Also on 3 other boards

Persons with Significant Control

Mr Mohammad Saud Khan

50–75% shares
50–75% votes
voting-rights-50-to-75-percent-as-firm
Appoint directors
significant-influence-or-control-as-firm

American · United States · Age 54

02, Covent Garden Close, Luton, LU4 8QB

Notified 01/05/2016

Former PSCs

Mrs Pin Wen Hung

Ceased 01/09/2024

Mr Ishtiaq Mahmood

Ceased 24/07/2018

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 22/07/2016Registered 05/08/2016
Charge
satisfied

LLOYDS BANK PLC

Created 14/08/2015Registered 20/08/2015Satisfied 04/05/2017
Charge
satisfied

HSBC BANK PLC

Created 17/10/2013Registered 19/10/2013Satisfied 04/05/2017
charge
outstanding

HSBC BANK PLC

Created 07/11/2011Registered 12/11/2011

CompanyRankvs 204+ SIC 46150 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.64× · 16/20
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.

Employees11/15 pts

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

Liquidity16/20 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

£334k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.7M

Fixed Assets

£883

2avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.64-£1k
20231.68+£62k
20221.26-£60k
20211.26+£50k
20201.48-£10k
20190.91-£8k
20180.90

Derived from filed accounts. Not audited figures.