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Promic Financial Services Limited

15001595

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

10 THE LAURELS, MILTON KEYNES, MK1 1BL
Incorporated 13/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66190
Other activities auxiliary to financial services
66220
Activities of insurance agents and brokers

Officers

Mrs Gurpreet Kaur Gupta

director · Since 13/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Persons with Significant Control

Mrs Gurpreet Kaur Gupta

75–100% shares
75–100% votes

British · England · Age 41

10, The Laurels, Milton Keynes, MK1 1BL

Notified 13/07/2023

CompanyRankvs 6714+ SIC 66190 peers
29

Financial strength13th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

Longevity3/15 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 31/07/2024

Net Worth

-£561

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£561

Working capital

Current Assets

£4k

Current Liabilities

£4k

0avg. employees

Balance Sheet

Assets less current liabilities-£561
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.87

Derived from filed accounts. Not audited figures.