The Practice Loan Company Plc
03767146
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
30/09/2026
Confirmation statement
Last: 03/10/2025
Due 17/10/2026
Industry
Officers
Former
director · Resigned 25/09/2015
director · Resigned 25/09/2015
director · Resigned 30/06/2018
director · Resigned 30/11/2018
director · Resigned 25/09/2024
Persons with Significant Control
Mr Christopher Daniel Carmichael
British · United Kingdom · Age 62
No 5 The Mews, Trent Business Centre, Trent Park, Lichfield, WS13 6RN
Notified 13/02/2017
Change History
Active
Public Limited Company
NO 5 THE MEWS TRENT BUSINESS CENTRE, TRENT PARK
LICHFIELD
CompanyRankvs 3070+ SIC 82990 peers76
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£1.3M
Annual revenue
Net Worth
£338k
Balance sheet strength
Cash
£143k
Cash in the bank
Profit Before Tax
£29k
Bottom line earnings
Net Current Assets
£293k
Working capital
Current Assets
£359k
Current Liabilities
£66k
Fixed Assets
£136k
Debtors
£216k
Cost of Sales
£873k
Gross Profit
£420k
Admin Expenses
£387k
Operating Profit
£33k
Profit After Tax
£20k
Tax at Year End
Director Loans
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.46 | +£20k |
| 2024 | 3.72 | +£203k |
| 2023 | 3.93 | — |
Derived from filed accounts. Not audited figures.