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Procurement Solutions Group Ltd

11292098

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

74 NORWICH ROAD, NORWICH, NR12 8RX
Incorporated 05/04/2018

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 04/04/2026

Due 18/04/2027

On track

Industry

82990
Other business support service activities

Officers

Mr Gurvinder Patara

director · Since 05/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 6 other boards

Mrs Jatinder Patara

director · Since 05/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 6 other boards

Persons with Significant Control

Mr Gurvinder Patara

25–50% shares
25–50% votes

British · England · Age 53

Portland House, 11-13 Station Road, Kettering, NN15 7HH

Notified 05/04/2018

Mrs Jatinder Patara

25–50% shares
25–50% votes

British · England · Age 48

Portland House, 11-13 Station Road, Kettering, NN15 7HH

Notified 05/04/2018

CompanyRankvs 11532+ SIC 82990 peers
79

Financial strength91th percentile among SIC peers · 23/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.59× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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11532Procurement Solutions Group Ltd
79
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.

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.

Longevity8/15 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 30/04/2025

Net Worth

£319k

Balance sheet strength

Cash

£424k

Cash in the bank

Net Current Assets

£319k

Working capital

Current Assets

£443k

Current Liabilities

£123k

Debtors

£19k

3avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20253.59+£74k
20243.45+£91k
20232.74+£84k
20223.08-£6k
20213.62+£32k
20202.43+£22k
20192.12—

Derived from filed accounts. Not audited figures.