Back to search

Proprincipal Limited

10244569

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

BRIDGE HOUSE, COVENTRY, CV6 4AD
Incorporated 21/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Nickin Dineshchandra Sitaram

director · Since 21/06/2016

SOFTWARE CONSULTANT

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Nickin Dineshchandra Sitaram

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 43

Bridge House, 9-13 Holbrook Lane, Coventry, CV6 4AD

Notified 20/06/2017

CompanyRankvs 23876+ SIC 62020 peers
69

Financial strength75th percentile among SIC peers · 19/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.35× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

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

Employees5/15 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.

Longevity10/15 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

£37k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£62k

Current Liabilities

£26k

Fixed Assets

£760

1avg. employees

Tax at Year End(2020)

Corp tax£9k
Dividends paid£18k

Balance Sheet

Assets less current liabilities£37k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.35+£21k
20244.15-£11k
20234.55-£87k
202245.69

Derived from filed accounts. Not audited figures.