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Promise Training Centre Limited

06870288

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

SUITE A, 4-6, LONDON, NW6 3BT
Incorporated 06/04/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Mohamed Farah

director · Since 18/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Mohamed Farah

50–75% shares
50–75% votes
Appoint directors

British · England · Age 47

Suite A, 4-6, Canfield Place, London, NW6 3BT

Notified 21/05/2018

Former PSCs

Mr Mohamed Xashi Farah

Ceased 18/01/2018

CompanyRankvs 6546+ SIC 85590 peers
71

Financial strength78th percentile among SIC peers · 20/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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6546Promise Training Centre Limited
67
How is this score calculated?
Financial strength20/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£16k

Balance sheet strength

Cash

£244k

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

-£304k

Working capital

Current Assets

£496k

Current Liabilities

£801k

Fixed Assets

£320k

Debtors

£252k

Gross Profit

£1.6M

Admin Expenses

£300k

Operating Profit

£1.3M

Profit After Tax

£951k

25avg. employees-1

Tax at Year End

Dividends paid£672k

Balance Sheet

Assets less current liabilities£16k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62+£9k
20240.51-£93k
20230.69—

Derived from filed accounts. Not audited figures.