Prosig Limited
09099121
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/06/2014
ACCOUNTANT
BRITISH · ENGLAND · Age 50
Also on 5 other boards
director · Since 24/06/2014
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 80
Also on 2 other boards
director · Since 20/06/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 7 other boards
Persons with Significant Control
Condition Monitoring Technology Group Limited
Hatchmoor Industrial Estate, Hatchmoor Industrial Estate, Torrington, EX38 7HP
Reg: 05794029 · England And Wales · Limited Company
Notified 01/07/2016
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
SANTANDER UK PLC AS SECURITY TRUSTEE FOR EACH GROUP MEMBER
CompanyRankvs 182+ SIC 26511 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
have also concluded that there are no material uncertainties related to events or conditions that, individually or collectively, may cast significant doubt on the Company’s ability to continue as a going concern. The directors have reviewed the Company’s current stock holdings, working environment and future trading ability, and as a result, have concluded that the Company’s financial position and
Key FinancialsYear ending 31/12/2023
Net Worth
£657k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
£645k
Working capital
Current Assets
£1.3M
Current Liabilities
£605k
Fixed Assets
£12k
Debtors
£956k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 2.07 | -£150k |
| 2022 | 3.00 | -£159k |
| 2021 | 3.33 | +£465k |
| 2020 | 1.96 | -£113k |
| 2019 | 2.12 | — |
Derived from filed accounts. Not audited figures.