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Praisedaily Limited

02590000

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

71-75 Shelton Street, Covent Garden, WC2H 9JQ
Incorporated 08/03/1991

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/04/2026

Due 10/05/2027

On track

Industry

69201
Accounting and auditing activities

Officers

Charles Michael Cavenagh

secretary · Since 22/03/1991

British

Charles Michael Cavenagh

director · Since 22/03/1991

British · United Kingdom · Age 74

Former

Swift Incorporations Limited

corporate nominee secretary · Resigned 22/03/1991

Instant Companies Limited

corporate nominee director · Resigned 22/03/1991

Christopher Charles Perkins

director · Resigned 20/02/2015

Persons with Significant Control

Mr Charles Michael Cavenagh

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

British · United Kingdom · Age 74

17, Chepstow Road, London, W7 2BG

Notified 06/04/2016

Change History

officer appointedCAVENAGH, Charles Michael
2026-06-10
officer appointedCAVENAGH, Charles Michael
2026-06-10
statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line171-75 Shelton Street
2026-06-10

71-75 SHELTON STREET

post townCovent Garden
2026-06-10

COVENT GARDEN

CompanyRankvs 21103+ SIC 69201 peers
53

Financial strength19th percentile among SIC peers · 5/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees2/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£2

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£419

Working capital

Current Assets

£1k

Current Liabilities

£740

Debtors

£132

0avg. employees-1
Prepared with v2025.46.1 limited_company_frs_102_section_1a_v1_1_2 companies_house

EstimatesDerived

YearCurrent Ratio
20251.57
20241.56
20231.15
20220.84
20210.93
20200.85
20190.70

Derived from filed accounts. Not audited figures.