# EXPLAIN MY PROCEDURE LTD (12365177)

> EXPLAIN MY PROCEDURE LTD is an active private limited company (company number 12365177) incorporated on 16 December 2019, registered in London. Its registered activity is educational support services (SIC 85600). Latest micro accounts cover the period ending 31 December 2025, showing net assets of £295k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 24% on the prior period (£238k).

- Status: Active
- Incorporated: 2019-12-16
- Registered office: London, SE27 9LE
- SIC 85600: Educational support services
- Next accounts due: 2027-09-30
- Confirmation statement due: 2026-12-30
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 3,006 comparable companies in London (median £668, upper quartile £13k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £295k | — | — | £41k | — | — | 2 |
| 2024-12-31 | £238k | — | — | £29k | — | — | 2 |

current ratio 16.34; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £294,868 at 31 December 2025
- Net assets up 10% or more on the prior period: +23.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 16.34
- Incorporated five or more years ago: Incorporated 16 December 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Professor David Samuel Wald — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-12-16

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12365177
HTML: https://firmoscan.com/company/12365177-explain-my-procedure-ltd