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Explain My Procedure Ltd

12365177

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

50 CHESTNUT ROAD, LONDON, SE27 9LE
Incorporated 16/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85600
Educational support services

Officers

Professor David Samuel Wald

director · Since 16/12/2019

DOCTOR

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Professor David Samuel Wald

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

British · United Kingdom · Age 57

50, Chestnut Road, London, SE27 9LE

Notified 16/12/2019

CompanyRankvs 1491+ SIC 85600 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 16.34× · 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 strength25/25 pts

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

Employees11/15 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 31/12/2025

Net Worth

£295k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£636k

Working capital

Current Assets

£677k

Current Liabilities

£41k

Fixed Assets

£3k

2avg. employees

Balance Sheet

Assets less current liabilities£639k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
202516.34+£0
202516.34+£57k
202418.90+£81k
202316.17—

Derived from filed accounts. Not audited figures.