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Practical Holdings Limited

05738055

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

PRACTICAL HOUSE, CAMP HILL BIRMINGHAM, B12 0EU
Incorporated 10/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

Officers

Colin Graham Furneaux

secretary · Since 27/06/2014

Mr Colin Graham Furneaux

director · Since 27/06/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 16 other boards

Mr Garry Ian Furneaux

director · Since 27/06/2014

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 13 other boards

Mr Angus James Furneaux

director · Since 12/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 14 other boards

Persons with Significant Control

Tudor Holdings (Uk) Limited

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

Camburgh House, 27 New Dover Road, Canterbury, CT1 3DN

Reg: 08810119 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/06/2014Registered 04/07/2014
charge
satisfied

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 05/04/2011Registered 14/04/2011Satisfied 16/07/2014
charge
satisfied

BARCLAYS BANK PLC

Created 25/03/2011Registered 01/04/2011Satisfied 20/01/2017
charge
satisfied

HSBC BANK PLC

Created 27/09/2007Registered 02/10/2007Satisfied 17/02/2012

CompanyRankvs 1326+ SIC 49390 peers
55

Financial strength91th percentile among SIC peers · 23/25
Employees77th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1326Practical Holdings Limited
65
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 pts

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

Liquidity0/20 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 31/12/2024

Net Worth

£321k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£124k

Working capital

Current Assets

—

Current Liabilities

£270k

Debtors

£394k

3avg. employees-1

Balance Sheet

Assets less current liabilities£321k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
2024—+£0
2023—+£0
2022—+£0
201927.53—

Derived from filed accounts. Not audited figures.