Practice Net Limited
00864089
Healthy
- Negative net worth (-10)
Details
Previously known as
Compliance
Last accounts
28/02/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 23/04/2026
Due 07/05/2027
Industry
Officers
director · Since 27/03/2018
COMPANY DIRECTOR
WELSH · WALES · Age 58
Also on 2 other boards
director · Since 27/03/2018
COMPANY DIRECTOR
WELSH · WALES · Age 66
Also on 4 other boards
Former
director · Resigned 01/07/1992
director · Resigned 03/09/1992
director · Resigned 29/10/1992
director · Resigned 29/10/1992
director · Resigned 29/10/1992
secretary · Resigned 16/11/1992
secretary · Resigned 28/02/1994
director · Resigned 31/07/1999
director · Resigned 17/08/1999
secretary · Resigned 17/08/1999
director · Resigned 03/04/2009
secretary · Resigned 03/04/2009
director · Resigned 27/03/2018
director · Resigned 27/03/2018
Persons with Significant Control
Radius Professional Limited
Cbtc2, Capital Business Park, Cardiff, CF3 2PX
Reg: 03770514 · Uk · Limited Company
Notified 24/05/2017
Mr Philip Michael Groves
Welsh · Wales · Age 66
53, Bwlch Road, Cardiff, CF5 3BX
Notified 31/03/2018
Mr Paul Harris
Welsh · Wales · Age 58
53, 53 Bwlch Road, Cardiff, CF5 3BX
Notified 31/03/2018
Change History
Active
Private Limited Company
RADNOR HOUSE GREENWOOD CLOSE
CARDIFF
CompanyRankvs 15488+ SIC 62012 peers62
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
-£161k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
£125k
Working capital
Current Assets
£136k
Current Liabilities
£11k
Debtors
£130k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 12.89 | -£21k |
| 2024 | 19.99 | -£15k |
| 2023 | 21.05 | — |
Derived from filed accounts. Not audited figures.