Providence Inc Ltd
09316791
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/11/2014
SAP CONSULTANT
ITALIAN · UNITED KINGDOM · Age 62
Also on 1 other board
Persons with Significant Control
Mr Mario Morabito
Italian · United Kingdom · Age 62
Flat 3 Point House, 18 West Grove, London, SE10 8QR
Notified 01/07/2016
CompanyRankvs 13381+ SIC 62020 peers75
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/11/2024
Net Worth
£136k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£134k
Working capital
Current Assets
£152k
Current Liabilities
£18k
Fixed Assets
£1k
Tax at Year End(2018)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 8.62 | -£630 |
| 2023 | 9.70 | -£1k |
| 2022 | 44.15 | — |
| 2021 | 4.19 | — |
| 2020 | 126.33 | — |
| 2019 | 91.99 | — |
| 2018 | 13.03 | — |
Derived from filed accounts. Not audited figures.