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Praxis42 Limited

04152524

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

MERCURY HOUSE HADLEIGH ENTERPRISE PARK, HADLEIGH, IP7 6RJ
Incorporated 01/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Tom Russell Paxman

director · Since 08/03/2018

DIRECTOR OF SALES AND MARKETING

BRITISH · ENGLAND · Age 46

Mr Adam Clarke

director · Since 02/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Mr Shane Mcallister

director · Since 02/02/2024

DIRECTOR

IRISH · SPAIN · Age 53

Mr Julian Kerr Roberts

director · Since 02/02/2024

DIRECTOR

BRITISH · WALES · Age 57

Also on 1 other board

Persons with Significant Control

Mr Keith Russell Paxman

Significant control

British · England · Age 74

The Foremans House, The Walls, Manningtree, CO11 1AS

Notified 06/04/2016

Mr Michael Stevens

Significant control

British · United Kingdom · Age 66

10, Milford Road, Birmingham, B17 9RL

Notified 30/10/2019

Praxis42 Holdings Limited

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

Mercury House, Hadleigh Enterprise Park, Hadleigh, IP7 6RJ

Reg: 15334118 · Companies House Register · Private Limited Company

Notified 02/02/2024

Charges1 outstanding

Charge
outstanding

TRIPLE POINT ADVANCR LEASING PLC

Created 02/02/2024Registered 02/02/2024

CompanyRankvs 2387+ SIC 74909 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.75× · 16/20
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.

Employees15/15 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.

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 31/03/2025

Net Worth

£1.2M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.5M

Fixed Assets

£91k

Debtors

£1.5M

48avg. employees

Balance Sheet

Intangible assets£21k
Assets less current liabilities£1.2M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20251.75

Derived from filed accounts. Not audited figures.