Practicelevel Limited
02371739
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/04/1991
CLERICAL OFFICER/ADMINISTRATOR
BRITISH · UNITED KINGDOM · Age 77
Also on 3 other boards
Persons with Significant Control
Mr Peter Donnelly
British · United Kingdom · Age 68
Sunnycroft, Whitchurch Road, Nantwich, CW5 8BZ
Notified 06/04/2017
CompanyRankvs 11341+ SIC 71111 peers42
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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
-£70k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£62k
Working capital
Current Assets
£552
Current Liabilities
£63k
Fixed Assets
£482
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£19k |
| 2024 | 0.10 | -£19k |
| 2023 | 0.23 | -£16k |
| 2022 | 1.04 | — |
| 2021 | 0.98 | — |
| 2020 | 0.97 | — |
| 2019 | 0.93 | — |
| 2017 | 0.93 | — |
Derived from filed accounts. Not audited figures.