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Proace Healthcare Services Ltd

13261656

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

THE TOWN HALL, WALLSEND, NE28 7AT
Incorporated 12/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities
87900
Other residential care activities

Officers

Mrs Tsitsi Monica Thondhlana

director · Since 12/03/2021

NURSE

ZIMBABWEAN · UNITED KINGDOM · Age 47

Also on 1 other board

Mrs Priscilla Agnes Karumazondo

director · Since 18/01/2022

NURSE

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Mr Tichaona Wilfred Karumazondo

director · Since 26/02/2022

CUSTOMER SERVICE ADVISOR

BRITISH · ENGLAND · Age 66

Mr Freeman Thondhlana

director · Since 26/02/2022

LECTURER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mrs Tsitsi Monica Thondhlana

Significant control

Zimbabwean · United Kingdom · Age 47

The Town Hall, High Street East, Wallsend, NE28 7AT

Notified 12/03/2021

Mrs Priscilla Agnes Karumazondo

Significant control

British · England · Age 58

The Town Hall, High Street East, Wallsend, NE28 7AT

Notified 18/01/2022

Mr Tichaona Wilfred Karumazondo

Significant control

British · England · Age 66

The Town Hall, High Street East, Wallsend, NE28 7AT

Notified 26/02/2022

Mr Freeman Thondhlana

Significant control

British · England · Age 47

The Town Hall, High Street East, Wallsend, NE28 7AT

Notified 26/02/2022

CompanyRankvs 5460+ SIC 86900 peers
77

Financial strength88th percentile among SIC peers · 22/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 11.45× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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5460Proace Healthcare Services Ltd
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How is this score calculated?
Financial strength22/25 pts

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

Employees15/15 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.

Longevity5/15 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 31/03/2025

Net Worth

£68k

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

£99k

Working capital

Current Assets

£109k

Current Liabilities

£9k

Fixed Assets

£12k

Debtors

£48k

49avg. employees

Balance Sheet

Assets less current liabilities£111k
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
202511.45+£0
202511.45+£1k
20242.24+£83k
20230.10-£21k
20224.06—

Derived from filed accounts. Not audited figures.