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Procure Med Ltd

12017284

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

211 COLDHAMS LANE, CAMBRIDGE, CB1 3HY
Incorporated 24/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
84130
Regulation of and contribution to more efficient operation of businesses

Officers

Mr Priten Subhashchandra Patel

director · Since 24/05/2019

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr Priten Subhashchandra Patel

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

British · England · Age 38

211, Coldhams Lane, Cambridge, CB1 3HY

Notified 24/05/2019

CompanyRankvs 33412+ SIC 70229 peers
69

Financial strength83th percentile among SIC peers · 21/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

Longevity7/15 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

£55k

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

£55k

Working capital

Current Assets

£109k

Current Liabilities

£55k

Fixed Assets

£551

Debtors

£9k

1avg. employees

Balance Sheet

Assets less current liabilities£55k

EstimatesDerived

YearCurrent RatioImplied Profit
20242.00+£11k
20231.86+£16k
20221.65+£13k
20211.49-£96k
20204.20+£11k

Derived from filed accounts. Not audited figures.