Property Procure Limited
10243450
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Ms Suzan Meric
British · United Kingdom · Age 52
25 Mount Pleasant, Barnet, EN4 9ES
Notified 21/06/2016
Former PSCs
Mr Tamer Meric
Ceased 21/06/2016
Charges4 outstanding
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THE MORTGAGE WORKS (UK) PLC
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PARAGON BANK PLC
FLEET MORTGAGES LIMITED
CompanyRankvs 27167+ SIC 68100 peers42
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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
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan
Key FinancialsYear ending 31/03/2025
Net Worth
£258k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£386k
Working capital
Current Assets
£1k
Current Liabilities
£388k
Fixed Assets
£1.5M
Debtors
£112
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£27k |
| 2024 | 0.01 | +£2k |
| 2023 | 0.01 | -£23k |
| 2022 | 0.02 | +£18k |
| 2021 | — | +£8k |
| 2020 | 0.02 | +£54k |
| 2019 | 0.01 | — |
Derived from filed accounts. Not audited figures.