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Practical Car And Van Rental Limited

01675341

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 6 outstanding charges (-10)

Details

PRACTICAL HOUSE, CAMP HILL, B12 0EU
Incorporated 03/11/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Colin Graham Furneaux

secretary · Since 27/06/2014

BRITISH

Mr Colin Graham Furneaux

director · Since 27/06/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 16 other boards

Mr Garry Ian Furneaux

director · Since 27/06/2014

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 13 other boards

Mr Angus James Furneaux

director · Since 12/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 14 other boards

Persons with Significant Control

Practical Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Practical House, 21-23 Little Broom Street, Birmingham, B12 0EU

Reg: 05738055 · Companies House · Limited Company

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

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charge
satisfied

BARCLAYS BANK PLC

Created 25/03/2011Registered 01/04/2011Satisfied 04/10/2014
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DAIMLERCHRYSLER SERVICES FLEET MANAGEMENT LIMITED

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BANK OF IRELAND BUSINESS FINANCE LIMITED

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HSBC BANK PLC

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BANK OF IRELAND BUSINESS FINANCE LIMITED

Created 28/05/2002Registered 29/05/2002Satisfied 30/08/2011
charge
satisfied

HSBC BANK PLC

Created 23/03/2002Registered 05/04/2002Satisfied 30/08/2011
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NISSAN FINANCE (GB) LIMITED

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ROYSCOT TRUST PLC,ROYSCOT LEASING LIMITED, ROYSCOT INDUSTRIAL LEASING LIMITED, ROYSCOT COMMERCI

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FCE BANK PLC

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CAPITAL BANK LEASING 8 LIMITED

Created 11/01/1999Registered 14/01/1999Satisfied 30/08/2011
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CA INDUSTRIAL FINANCE LIMITED

Created 11/12/1998Registered 16/12/1998Satisfied 30/08/2011
charge
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CAPITAL BANK LEASING 8 LIMITED

Created 18/11/1998Registered 26/11/1998Satisfied 30/08/2011
charge
satisfied

CAPITAL BANK LEASING 8 LIMITED

Created 18/11/1998Registered 26/11/1998Satisfied 30/08/2011
charge
satisfied

CAPITAL BANK LEASING 8 LIMITED

Created 18/11/1998Registered 26/11/1998Satisfied 30/08/2011
charge
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charge
satisfied

SOVEREIGN CORPORATE LIMITED · SOVEREIGN FINANCIAL SERVICES (MANCHESTER) LIMITED · SOVEREIGN COMMERCIAL LIMITED · SOVEREIGN FINANCE PLC · SOVEREIGN BUSINESS FINANCE LIMITED

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charge
satisfied

CAPITAL BANK PLC · CAPITAL BANK LEASING 5 LIMITED · CAPITAL BANK LEASING 4 LIMITED · CAPITAL BANK LEASING 7 LIMITED · CAPITAL BANK LEASING 3 LIMITED · CAPITAL BANK LEASING 6 LIMITED · CAPITAL BANK LEASING 12 LIMITED · CAPITAL BANK LEASING 1 LIMITED · CAPITAL BANK LEASING 8 LIMITED · CAPITAL BANK LEASING 9 LIMITED · CAPITAL BANK LEASING 2 · CAPITAL BANK LEASING 2 LIMITED · CAPITAL BANK LEASING 10 LIMITED · CAPITAL BANK LEASING 11 LIMITED

Created 28/05/1998Registered 12/06/1998Satisfied 30/08/2011
charge
satisfied

ALPHABET (GB) LIMITED

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HITACHI CREDIT (U.K.) PLC

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AT&T CAPITAL LIMITED

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YORKSHIRE BANK PLC

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YORKSHIRE BANK PLC

Created 04/02/1998Registered 17/02/1998Satisfied 30/08/2011
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YORKSHIRE BANK PLC

Created 27/02/1997Registered 05/03/1997Satisfied 30/08/2011
charge
outstanding

UNITED DOMINIONS TRUST LIMITED

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charge
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RFS LIMITED

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RFS LIMITED

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charge
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RFS LIMITED

Created 29/01/1996Registered 16/02/1996Satisfied 30/08/2011
charge
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MERCEDES-BENZ FINANCE LIMITED

Created 05/02/1996Registered 06/02/1996Satisfied 30/08/2011
charge
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HUMBERCLYDE ASSETS LIMITED

Created 19/01/1996Registered 30/01/1996Satisfied 30/08/2011
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RFS LIMITED

Created 11/12/1995Registered 15/12/1995Satisfied 30/08/2011
charge
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MIDLAND BANK PLC

Created 17/03/1995Registered 20/03/1995Satisfied 01/08/2006
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MIDLAND BANK PLC,

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MIDLAND BANK PLC

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CompanyRankvs 141+ SIC 77110 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.9× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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141Practical Car And Van Rental Limited
82
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£4.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£2.5M

Working capital

Current Assets

£5.3M

Current Liabilities

£2.8M

Fixed Assets

£2.4M

Debtors

£4.0M

14avg. employees

Tax at Year End

Corp tax£146k

Balance Sheet

Assets less current liabilities£4.9M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.90+£6k
20231.31—

Derived from filed accounts. Not audited figures.