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Providence Consulting Ltd

13504040

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

63 DIAMOND ROAD, WATFORD, WD24 5EN
Incorporated 09/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Devante Jules Providence

director · Since 09/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 2 other boards

Persons with Significant Control

Mr Devante Jules Providence

75–100% shares

British · England · Age 30

63, Diamond Road, Watford, WD24 5EN

Notified 09/07/2021

CompanyRankvs 24004+ SIC 73110 peers
36

Financial strength14th percentile among SIC peers · 4/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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24004Providence Consulting Ltd
31
How is this score calculated?
Financial strength4/25 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.

Liquidity6/20 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 31/07/2025

Net Worth

-£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£14k

Current Liabilities

£18k

1avg. employees

Balance Sheet

Assets less current liabilities-£4k
Signed by Mr Devante Providence 11/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78-£904
20240.79-£5k
20231.17+£206
20221.15—

Derived from filed accounts. Not audited figures.