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Probity Europe Ltd

08446926

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2 Canal Reach, London, N1C 4DB
Incorporated 15/03/2013

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Abogado Nominees Limited

secretary · Since 01/11/2022

BRITISH

Also on 862 other boards

Mr Christopher Crellin

director · Since 11/09/2023

CFO

BRITISH · UNITED KINGDOM · Age 53

Also on 21 other boards

Mr Michael Anthony Smith

director · Since 15/01/2025

LAWYER

BRITISH · UNITED KINGDOM · Age 67

Also on 62 other boards

Abogado Nominees Limited

corporate secretary · Since 01/11/2022

Reg: 01688036

Also on 862 other boards

Christopher Crellin

director · Since 11/09/2023

British · United Kingdom · Age 53

Michael Anthony Smith

director · Since 15/01/2025

British · United Kingdom · Age 67

Former

Mark Stredwick

director · Resigned 09/11/2020

William Patrick Rowe

director · Resigned 11/09/2023

Simon Jenkins

secretary · Resigned 27/06/2024

Persons with Significant Control

Probity Worldwide Limited

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

2, Canal Reach, London, N1C 4DB

Reg: 08446865 · England · Company

Notified 15/03/2019

Sony Music Entertainment Uk Limited

25–50% shares
25–50% votes

2, Canal Reach, London, N1C 4DB

Reg: 01471066 · Companies House · Company Limited By Shares

Notified 09/11/2020

Former PSCs

Mr Mark Stredwick

Ceased 15/03/2019

Change History

statusactive
2026-06-09

Active

typeltd
2026-06-09

Private Limited Company

address line12 Canal Reach
2026-06-09

2 CANAL REACH

post townLondon
2026-06-09

LONDON

officer appointedABOGADO NOMINEES LIMITED
2026-06-09
officer appointedCRELLIN, Christopher
2026-06-09
officer appointedSMITH, Michael Anthony
2026-06-09

CompanyRankvs 41120+ SIC 47990 peers
65

Financial strength52th percentile among SIC peers · 13/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength13/25 pts

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

Employees14/15 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.

Longevity13/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£200

Balance sheet strength

Cash

£8.6M

Cash in the bank

Profit Before Tax

-£105k

Bottom line earnings

Net Current Assets

£6.0M

Working capital

Current Assets

£10.9M

Current Liabilities

£4.9M

Fixed Assets

£0

Debtors

£1.8M

Cost of Sales

£17.4M

Admin Expenses

£1.7M

Profit After Tax

-£90k

7avg. employees-1

Tax at Year End(2024)

Corp tax-£19k

People Costs

Wages & salaries£425k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.22
20241.94
20232.37+£1.1M
20212.43
20202.62
20192.00

Derived from filed accounts. Not audited figures.