Company Overview
Prospects Training Solutions Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 02 April 1990, so this is a well established company. Prospects Training Solutions Limited has been in business for 36 years. The accounts status is small and the accounts are next due on Thursday 30 April 2026.
Registered Address

South Essex College, Luckyn Lane Entrance, Basildon, Essex, SS14 3AY
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NamePROSPECTS TRAINING SOLUTIONS LIMITED
Company Number02487999
Registered Office AddressSouth Essex College
 Luckyn Lane Entrance
 SS14 3AY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/04/1990
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2026
Accounts Last Made Up Date31/07/2024
Accounts Account CategorySMALL
Returns Next Due Date06/06/2017
Returns Last Made Up Date09/05/2016
Previous Company NameChanged Date
PROSPECTS BUSINESS TRAINING LIMITED17 Feb 2010
Directors & Members
Show Resigned
Jayne Sheehan - Director
(British, 60 years old, born October 1966)
Appointed 02 January 2023
 Active
Secretaries
Show Resigned
Other Company Directorships
Jayne Sheehan
BACKSTAGE CENTRE LIMITED
ESSEX SHARED SERVICES LIMITED
PROSPECTS LEARNING FOUNDATION LIMITED
SOUTH ESSEX COMMERCIAL SERVICES LIMITED
THE CAMBRIDGE ACCESS VALIDATING AGENCY
Balance Sheet Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 160,708 160,708 134,620
Creditors Due Within One Year 394,317 394,317 393,157
Working Cap -233,609 -233,609 -258,537
Total Assets Less Current Liabilities -233,609 -233,609 -258,537
Long-term Liabilities 321,416 321,416 269,240
Net Assets 233,609 233,609 258,537
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 233,609 233,609 258,537
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 12.6% 12.6% 1.5%
Cash Bank In Hand 87.4% 87.4% 98.5%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 245.4% 245.4% 292.0%
Net Current Assets Liabilities -145.4% -145.4% -192.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 145.4% 145.4% 192.0%
Capital Employed - - -
Total Assets Less Current Liabilities -145.4% -145.4% -192.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Liquidity Ratio 0.4 0.4 0.3
Solvency Ratio 2.2 2.2 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2024 31-Jul-2022 31-Jul-2021
Assets 160,708 160,708 134,620
Debt 72,901 72,901 123,917
Net Assets/Debt 233,609 233,609 258,537

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around SS14 3AY
THE FUTURES COMMUNITY TRUST
Prospects College Of Advanced Technology Basildon Campus, Luckyn Lane Entrance, Basildon, Essex, SS14 3AY
GLOUCESTERS (MANAGEMENT COMPANY) LIMITED(THE)
C/O ABBOT FASTENERS LTD, UNIT 4B THE GLOUCESTERS, GLOUCESTER WAY BASILDON, ESSEX, SS14 3AY
PROSPECTS LEARNING FOUNDATION LIMITED
South Essex College, Luckyn Lane Entrance, Basildon, Essex, SS14 3AY
PROSPECTS BUILDING SERVICES LIMITED
Prospects College Of Advanced Technology Basildon Campus, Luckyn Lane Entrance, Basildone, Essex, SS14 3AY
FUTURES TECHNICAL ACADEMY TRUST LTD
Prospects College Of Advanced Technology Basildon Campus, Luckyn Lane Entrance, Basildon, Essex, SS14 3AY
PROSPECTS COLLEGE (THAMES GATEWAY) LIMITED
Prospects College Of Advanced Technology Basildon Campus, Luckyn Lane Entrance, Basildon, Essex, SS14 3AY
PROSPECTS COLLEGE LIMITED
Prospects College Of Advanced Technology Basildon Campus, Luckyn Lane Entrance, Basildon, Essex, SS14 3AY
PROSPECTS EDUCATIONAL SERVICES LIMITED
Prospects College Of Advanced Technology Basildon Campus, Luckyn Lane Entrance, Basildon, Essex, SS14 3AY
ANNIES CASH FOR CLOTHES LIMITED
Unit 3c The Gloucesters, Luckyn Lane, Basildon, Essex, SS14 3AY
Document Filings
Confirmation statement made on 29 April 2025 with no updates
Confirmation statement made on 29 April 2024 with no updates
Amended accounts for a small company made up to 31 July 2022
Confirmation statement made on 29 April 2023 with no updates
Change of details for Prospects Learning Foundation Ltd as a person with significant control on 6 April 2016
Appointment of Ms Jayne Mary Sheehan as a director on 2 January 2023
Termination of appointment of Anthony Dominic Mcgarel as a director on 16 December 2022
Confirmation statement made on 29 April 2022 with no updates
Confirmation statement made on 29 April 2021 with no updates
Confirmation statement made on 9 May 2020 with no updates
Registered office address changed from Prospects College of Advanced Technology Basildon Campus Luckyn Lane Entrance Basildon Essex SS14 3AY England to South Essex College Luckyn Lane Entrance Basildon Essex SS14 3AY on 3 February 2020
Termination of appointment of Judith Lesley Abbott as a director on 31 January 2020
Termination of appointment of Madeleine Austin as a secretary on 31 August 2019
Confirmation statement made on 9 May 2019 with no updates
Appointment of Mr Anthony Dominic Mcgarel as a director on 1 February 2019
Auditor's resignation
Confirmation statement made on 9 May 2018 with no updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free