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Procurement Perfection Ltd

06980779

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 04/08/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Charles Edward Reid

director · Since 04/08/2009

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 55

Hannah Kathleen Reid

director · Since 04/08/2009

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr Charles Edward Reid

25–50% shares
25–50% votes
Appoint directors
Significant control

British · United Kingdom · Age 55

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 06/04/2016

Mrs Hannah Kathleen Reid

25–50% shares
25–50% votes
Appoint directors
Significant control

British · United Kingdom · Age 49

Amelia House, Crescent Road, Worthing, BN11 1QR

Notified 06/04/2016

CompanyRankvs 34724+ SIC 70229 peers
58

Financial strength95th percentile among SIC peers · 24/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.33× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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34724Procurement Perfection Ltd
68
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.

Employees2/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Based on these assessments and having regard to the resources available to the entity, the directors' has concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. true 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and service

Key FinancialsYear ending 31/07/2025

Net Worth

£268k

Balance sheet strength

Cash

£495k

Cash in the bank

Net Current Assets

£163k

Working capital

Current Assets

£660k

Current Liabilities

£497k

Fixed Assets

£141k

Debtors

£165k

0avg. employees

Balance Sheet

Assets less current liabilities£304k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.33+£0
20251.33-£166k
20242.58+£54k
20232.85—

Derived from filed accounts. Not audited figures.