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Prova Developments Ltd

12478504

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

6TH FLOOR, LONDON, EC2Y 5AU
Incorporated 24/02/2020

Compliance

Last accounts

29/02/2024

micro entity

Next accounts due

30/11/2025

Overdue

Confirmation statement

Last: 23/02/2025

Due 09/03/2026

Overdue

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr David William Walton

director · Since 24/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Mr Joseph David Walton

director · Since 24/02/2020

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 38

Mr Matthew James Walton

director · Since 24/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 5 other boards

Mrs Jaime Francesca Maria Wheeler

director · Since 24/02/2020

BUSINESS PROCESS MANAGER

BRITISH · UNITED KINGDOM · Age 37

Also on 1 other board

Persons with Significant Control

Mr David William Walton

50–75% shares

British · United Kingdom · Age 74

Jetstream, Bruntingthorpe Airfield, Lutterworth, LE17 5QS

Notified 24/02/2020

Mr Matthew James Walton

25–50% shares

British · England · Age 40

Jetstream, Bruntingthorpe Airfield, Lutterworth, LE17 5QS

Notified 24/02/2020

Mr Joseph David Walton

25–50% shares

British · United Kingdom · Age 38

Jetstream, Bruntingthorpe Airfield, Lutterworth, LE17 5QS

Notified 24/02/2020

Mrs Jaime Francesca Maria Wheeler

25–50% shares

British · United Kingdom · Age 37

Jetstream, Bruntingthorpe Airfield, Lutterworth, LE17 5QS

Notified 24/02/2020

Insolvency History1 case

creditors voluntary liquidation02/07/2025

Andrew John Duncan (practitioner) · Steven Illes (practitioner)

CompanyRankvs 15+ SIC 72190 peers
13

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

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

Longevity6/15 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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 29/02/2024

Net Worth

£1.4M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£16k

Current Liabilities

£1.5M

4avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£1.4M
20230.10—

Derived from filed accounts. Not audited figures.