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Working Practice Limited

01842286

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

BROOKE HOUSE, PETERSFIELD, GU31 5JA
Incorporated 21/08/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

90030
Artistic creation

Officers

Jill Frances Martin

secretary · Since 10/09/1991

BRITISH · UNITED KINGDOM · Age 73

Also on 11 other boards

Jill Frances Martin

director · Since 14/09/1991

TEACHER

BRITISH · UNITED KINGDOM · Age 73

Also on 11 other boards

Paul Anthony Martin

director · Since 14/09/1991

DESIGNER

BRITISH · UNITED KINGDOM · Age 73

Also on 3 other boards

Persons with Significant Control

Mr Paul Anthony Martin

75–100% shares

British · United Kingdom · Age 73

Brooke House, Nyewood, Petersfield, GU31 5JA

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

HSBC BANK PLC

Created 30/12/2003Registered 09/01/2004
charge
outstanding

MIDLAND BANK PLC

Created 06/06/1996Registered 13/06/1996
charge
satisfied

MIDLAND BANK PLC

Created 27/09/1991Registered 02/10/1991Satisfied 04/11/1993
charge
outstanding

MIDLAND BANK PLC

Created 26/10/1988Registered 02/11/1988
charge
outstanding

MIDLAND BANK PLC

Created 17/02/1987Registered 24/02/1987

CompanyRankvs 4531+ SIC 90030 peers
63

Financial strength98th percentile among SIC peers · 25/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees12/15 pts

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

Liquidity6/20 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 30/04/2025

Net Worth

£656k

Balance sheet strength

Cash

£105k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£105k

Current Liabilities

£109k

Fixed Assets

£660k

Debtors

£49

2avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.96-£10k
20241.08-£7k
20231.14-£39k
20221.50-£12k
20211.61-£23k
20204.46

Derived from filed accounts. Not audited figures.