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Procedure Health Limited

12992309

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

16 GREAT QUEEN STREET, LONDON, WC2B 5AH
Incorporated 03/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Christopher Marcus Owen Smith

director · Since 03/11/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Richard Andrew Setchell

director · Since 01/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr Luis Antonio Soler Culla

director · Since 01/03/2022

DIRECTOR

SPANISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Christopher Marcus Owen Smith

25–50% shares
25–50% votes

British · England · Age 58

16, Great Queen Street, London, WC2B 5AH

Notified 03/11/2020

CompanyRankvs 5420+ SIC 86900 peers
78

Financial strength91th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.87× · 20/20
Longevity6 years trading (max 15) · 6/15
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.

Employees14/15 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.

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.

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

£115k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£146k

Current Liabilities

£51k

Fixed Assets

£20k

Debtors

£97k

8avg. employees+1

Tax at Year End(2023)

Corp tax£42k

Balance Sheet

Intangible assets£12k
Assets less current liabilities£115k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.87-£13k
20231.63

Derived from filed accounts. Not audited figures.