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Web Praxis Limited

05438916

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5 ENTERPRISE HOUSE, PENCROFT WAY, M15 6SE
Incorporated 28/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr William Keith Beech

secretary · Since 28/04/2005

BRITISH

Also on 1 other board

Mr Matthew Charles Beech

director · Since 28/04/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Thomas Beech

director · Since 31/01/2007

DIRECTOR

BRITISH · Age 46

Persons with Significant Control

Mr Thomas Beech

25–50% shares

British · England · Age 46

Britannic House, 657 Liverpool Road, Irlam, M44 5XD

Notified 06/04/2016

CompanyRankvs 1543+ SIC 62090 peers
85

Financial strength86th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.96× · 20/20
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 strength22/25 pts

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

Employees13/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£95k

Balance sheet strength

Cash

£130k

Cash in the bank

Net Current Assets

£97k

Working capital

Current Assets

£147k

Current Liabilities

£49k

Fixed Assets

£3k

Debtors

£17k

4avg. employees

Balance Sheet

Assets less current liabilities£100k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.96-£14k
20233.85+£7k
20225.12+£14k
20215.13+£10k
20204.13+£15k
20194.25+£6k
20183.34

Derived from filed accounts. Not audited figures.