PROPHET LIMITED
Company number 02432936 · Monitor this company
Executive summary
Prophet Limited presents a mixed risk profile: recent operational performance is encouraging with strong margin improvement and revenue growth, and the company maintains a clean audit with no going concern qualifications. However, the unexplained collapse in total assets and shareholders' funds between 2022-2023, combined with deteriorating cash positions despite profitability, raises material questions about balance sheet quality and cash conversion. The concentrated ownership through Valstone Uk Holdings Limited and the significant Canadian presence on the board add governance complexity. The transition from PLC status in 2023 coinciding with these balance sheet movements requires thorough investigation before any commitment of capital.
Shareholders' funds
£4,811,048
Balance sheet as at 2024-12-31
What it does
The principal activity of the company continued to be that of a computer software house.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1989-10-16
- Employees
- 45 (2024 accounts · was 52 in 2023)
- Registered office
- Unit 1 Villiers Court, Meriden Business Park, Copse Drive Meriden, Coventry, CV5 9RG
- Postcode
- CV5 9RG
- Capital
- 50,400 GBP
- Accounts category
- Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-12-31
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-21
- Next due by
- 2027-07-05
Nature of business (SIC)
- 62012 Business and domestic software development
Officers 14 current · 10 resigned
Group structure 4 subsidiaries
Controlled by VALSTONE UK HOLDINGS LIMITED — since 2023-11-06
-
BLASS LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — Z8461836 (Tier 2), registered since 2004.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- prophet.co.uk
- Phone
- 006646781, 02156415026, 041207252
Industry-specific ERP software built for fresh produce and floral supply chains. Gain real-time visibility, automation, traceability, and profitability with Prophet ERP.
Previous company names
| Name | Date changed |
|---|---|
| PROPHET PLC | 2023-10-12 |
| BLASS PLC | 2004-12-30 |
| B L A SOFTWARE SERVICES PLC | 1991-08-27 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| PROPHET HOUSE, 83 WARWICK ROAD, OLTON SOLIHULL, WEST MIDLANDS. B92 7HP | 2005-12-01 |
| 2 FITZHARDINGE STREET, LONDON, W1H 9PN | 1993-11-22 |
| 2 FITZHARDINGE STREET, LONDON, W1H 9PN | 1990-02-16 |
Among its peers
Top 5%
by shareholders' funds, of 598 similar companies in CV
Among the biggest employers among its local peers (45 staff).
Among the oldest 25% of its local peers, trading since 1989.
No.6 of the largest business and domestic software development companies in Coventry →
Competitors Coventry
This company ranks 6 among business and domestic software development in Coventry.
The class of 1989
50%
of the 21,096 companies incorporated in 1989 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2023-11-09
- Where
- West Midlands
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| MM190440 | West Midlands | Leasehold | 2023-11-09 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.