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Proven Project (District Heating) Ltd

10679195

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

OFFICE 1 447 HIGH ROAD, LONDON, N12 0AF
Incorporated 20/03/2017

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

42210
Construction of utility projects for fluids
42220
Construction of utility projects for electricity and telecommunications
42990
Construction of other civil engineering projects

Officers

Mr Michael Heffernan

director · Since 20/03/2017

OPERATIONS DIRECTOR

IRISH · ENGLAND · Age 45

Mr Mahfuzul Hoque

director · Since 20/03/2017

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 5 other boards

Mr Denis Anthony O'Connell

director · Since 20/03/2017

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 4 other boards

Persons with Significant Control

Proven Project Group Ltd

75–100% shares
75–100% votes

Office 1447, High Road, London, N12 0AF

Reg: 16957213 · Companies House · Limited Company

Notified 26/01/2026

Former PSCs

Mr Denis Anthony O'Connell

Ceased 26/01/2026

Mr Mahfuzul Hoque

Ceased 26/01/2026

Mr Michael Heffernan

Ceased 26/01/2026

Charges0 outstanding

Charge
satisfied

PROVEN PROJECT SOLUTIONS LTD

Created 26/04/2024Registered 26/04/2024Satisfied 30/04/2026
Charge
satisfied

PROVEN PROJECT SOLUTIONS LTD

Created 09/01/2023Registered 19/01/2023Satisfied 08/05/2024

CompanyRankvs 159+ SIC 42210 peers
72

Financial strength90th percentile among SIC peers · 23/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/12/2024

Net Worth

£853k

Balance sheet strength

Cash

£857k

Cash in the bank

Net Current Assets

£656k

Working capital

Current Assets

£2.5M

Current Liabilities

£1.8M

Fixed Assets

£395k

Debtors

£1.6M

7avg. employees+2

Tax at Year End

Corp tax£12k

Balance Sheet

Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.36+£603k
20231.02-£707k
20212.63+£478k
20202.16+£174k
20191.51
20181.57

Derived from filed accounts. Not audited figures.