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PROVENTEQ LIMITED

Active Reading

Business and domestic software development

75 employees Website
Business and domestic software development
P

PROVENTEQ LIMITED

Business and domestic software development

Founded 31 Aug 2007 Active Reading, England 75 employees proventeq.com
Business and domestic software development
Accounts Submitted 29 May 2025
Confirmation Statement Submitted 4 Mar 2025
Net assets £4.57M £269.49K 2024 year on year
Total assets £0.00 £6.21M 2024 year on year
Total Liabilities £3.32M £1.41M 2024 year on year
Charges 2
2 outstanding

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AI Analysis

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Contact & Details

Contact

Update Details

Registered Address

Reading Enterprise Centre Whiteknights Road Reading Berkshire RG6 6BU England

Telephone

+16175320693

Credit Report

Discover PROVENTEQ LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2021–2024)

Cash in Bank

£4.25M

Increased by £1.22M (+40%)

Net Assets

£4.57M

Increased by £269.49k (+6%)

Total Liabilities

£3.32M

Increased by £1.41M (+74%)

Turnover

£10.08M

Employees

75

Decreased by 1 (-1%)

Debt Ratio

N/A

Decreased by 31 (-100%)
See 10 Year Full Financials

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£100k raised
Show:

Investors (1)

Investor NameInvestor SinceParticipating Rounds
BGFNov 2024Growth Equity

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 99,900 Shares £100k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
25 Aug 201199,900£100k£100k

Officers

Officers

3 active 1 resigned
Status
Balu HerbertDirectorBritishEngland5212 Jan 2008Active
Nitin MahajanDirectorBritishUnited Kingdom5231 Aug 2007Active
Rakesh ChencheryDirectorBritishEngland5214 Feb 2008Active

Shareholders

Shareholders (7)

Project Proago Limited
100.0%
100,0094 Mar 2025
Rakesh Chenchery
0.0%
04 Mar 2025
Priety Mahajan
0.0%
04 Mar 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Project Proago Limited

Unknown

Active
Notified 28 Oct 2024
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Nitin Mahajan

Ceased 28 Oct 2024

Ceased

Rakesh Chenchery

Ceased 28 Oct 2024

Ceased

Balu Herbert

Ceased 28 Oct 2024

Ceased
See All Controllers

Group Structure

Group Structure

PROVENTEQ HOLDINGS LIMITED united kingdom significant influence or control
BGF INVESTMENT MANAGEMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BGF GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BGF GROUP PLC united kingdom significant influence or control
HSBC (BGF) INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UBERIOR INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
RBS SME INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
BARCLAYS FUNDS INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS EQUITY HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HSBC BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
RBS AA HOLDINGS (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
LBG EQUITY INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS PRINCIPAL INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HSBC HOLDINGS PLC united kingdom
LLOYDS BANKING GROUP PLC united kingdom
NATWEST GROUP PLC united kingdom
BARCLAYS PLC united kingdom
PROVENTEQ LIMITED Current Company

Charges

Charges

2 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
7 Oct 2025MortgageMortgage Create With Deed With Charge Number Charge Creation DateView(16 pages)
29 May 2025AccountsAnnual accounts made up to 2024-08-31View(39 pages)
4 Mar 2025Confirmation StatementConfirmation statement made on 2025-01-25 with updatesView(4 pages)
9 Nov 2024IncorporationMemorandum ArticlesView(25 pages)
9 Nov 2024ResolutionResolutionsView(1 page)
7 Oct 2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

View Document(16 pages)
29 May 2025 Accounts

Annual accounts made up to 2024-08-31

View Document(39 pages)
4 Mar 2025 Confirmation Statement

Confirmation statement made on 2025-01-25 with updates

View Document(4 pages)
9 Nov 2024 Incorporation

Memorandum Articles

View Document(25 pages)
9 Nov 2024 Resolution

Resolutions

View Document(1 page)

Recent Activity

Latest Activity

Mortgage Create With Deed With Charge Number Charge Creation Date

4 months ago on 7 Oct 2025

Annual accounts made up to 2024-08-31

8 months ago on 29 May 2025

Confirmation statement made on 2025-01-25 with updates

11 months ago on 4 Mar 2025

Memorandum Articles

1 years ago on 9 Nov 2024

Resolutions

1 years ago on 9 Nov 2024