Practical Engineering Limited
02610649
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 08/05/2026
Due 22/05/2027
Industry
Officers
secretary · Since 03/06/1991
BRITISH · ENGLAND · Age 69
Also on 3 other boards
director · Since 03/06/1991
MECHANICAL ENGINEER
BRITISH · ENGLAND · Age 69
Also on 3 other boards
Persons with Significant Control
Mr Peter John Roffey
British · England · Age 69
Darent Acres, Shacklands Road, Sevenoaks, TN14 7TU
Notified 02/06/2017
Mrs Patricia Roffey
British · England · Age 70
Darent Acres, Shacklands Road, Sevenoaks, TN14 7TU
Notified 02/06/2017
CompanyRankvs 6478+ SIC 71121 peers35
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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 31/05/2025
Net Worth
-£694
Balance sheet strength
Cash
£332
Cash in the bank
Net Current Assets
-£1k
Working capital
Current Assets
£332
Current Liabilities
£1k
Fixed Assets
£402
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.23 | — |
| 2024 | 0.77 | — |
| 2022 | — | -£203k |
| 2021 | — | -£689 |
| 2020 | — | -£6k |
| 2019 | — | -£13k |
Derived from filed accounts. Not audited figures.