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Provestec Ltd

09905220

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

1 ASHBURNHAM ROAD, LONDON, NW10 5SB
Incorporated 07/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Nitesh Rupalia

director · Since 07/12/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Nitesh Rupalia

75–100% shares

British · United Kingdom · Age 41

1, Ashburnham Rd, London, NW10 5SB

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 03/02/2025Registered 04/02/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 27/01/2025Registered 29/01/2025
Charge
satisfied

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 12/01/2018Registered 13/01/2018Satisfied 10/03/2025
Charge
outstanding

CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES

Created 13/10/2017Registered 17/10/2017
Charge
satisfied

PARAGON MORTGAGES (2010) LIMITED

Created 08/06/2017Registered 23/06/2017Satisfied 06/03/2019
Charge
satisfied

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 08/06/2017Registered 10/06/2017Satisfied 19/03/2019
Charge
satisfied

PARAGON BANK PLC

Created 18/05/2017Registered 20/05/2017Satisfied 07/10/2022
Charge
satisfied

PARAGON BANK PLC · PARAGON MORTGAGES (2010) LIMITED

Created 18/05/2017Registered 20/05/2017Satisfied 07/10/2022

CompanyRankvs 108667+ SIC 68209 peers
46

Financial strength83th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 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.

Longevity11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£210k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£8k

Current Liabilities

£13k

Fixed Assets

£2.2M

0avg. employees

Balance Sheet

Assets less current liabilities£2.2M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.64+£23k
20230.50+£22k
20220.66+£30k
20210.43+£5k
20200.05-£2k
20190.02+£31k
20180.02

Derived from filed accounts. Not audited figures.