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Practive Limited

04568820

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 21/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Joel Greig

director · Since 06/07/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr John Adam Woodroffe

director · Since 06/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Practive Holdings Limited

75–100% shares
75–100% votes

5 Jardine House, Harrovian Business Village, Harrow, HA1 3EX

Reg: 11218671 · England And Wales Companies House · Private Limited Company

Notified 06/07/2018

Former PSCs

Mr Jamie Jervis Hugo Ripman

Ceased 06/07/2018

Ms Philippa Ruth Williams

Ceased 06/07/2018

CompanyRankvs 955+ SIC 70229 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.21× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

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

fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. Turnover Turnover represents training and consultancy services invoiced net of value added tax. Turnover is recognised at the point at

Key FinancialsYear ending 30/06/2025

Net Worth

£593k

Balance sheet strength

Cash

£165k

Cash in the bank

Net Current Assets

£692k

Working capital

Current Assets

£1.3M

Current Liabilities

£573k

Fixed Assets

£563

Debtors

£1.1M

3avg. employees

Balance Sheet

Assets less current liabilities£693k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.21+£0
20252.21-£161k
20243.10-£84k
20231.98+£70k
20222.22+£155k
20211.99—

Derived from filed accounts. Not audited figures.