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Prac Financial Limited

05854872

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

F10 LONGFIELDS COURT, BARNSLEY, S71 3GN
Incorporated 22/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64921
64921
70229
Management consultancy activities

Officers

Miss Rachael Jennifer Withers

director · Since 22/06/2006

CONSULTANT

BRITISH · UNITED KINGDOM · Age 51

Also on 4 other boards

Miss Rachael Jennifer Withers

secretary · Since 22/06/2016

Also on 4 other boards

Persons with Significant Control

Crossco (1433) Limited

75–100% shares
voting-rights-75-to-100-percent-as-trust
Appoint directors

F10 Longfields Court, Wharncliffe Business Park, Barnsley, S71 3GN

Reg: 11331779 · England And Wales Companies House · Private Limited Company

Notified 06/04/2016

Former PSCs

Endless Fund Iv A Lp

Ceased 31/05/2018

Charges1 outstanding

Charge
outstanding

SCRP FUND I FINANCE SARL

Created 08/02/2019Registered 15/02/2019
Charge
satisfied

ENDLESS LLP (AS SECURITY TRUSTEE)

Created 31/05/2018Registered 08/06/2018Satisfied 03/04/2019
Charge
satisfied

ENDLESS LLP (AS SECURITY TRUSTEE FOR ITSELF AND THE OTHER FINANCE PARTIES)

Created 09/12/2016Registered 13/12/2016Satisfied 03/04/2019
Charge
satisfied

REWARD CAPITAL LIMITED (FORMALLY KNOWN AS REWARD CAPITAL FINANCE LIMITED)

Created 02/04/2015Registered 04/04/2015Satisfied 14/12/2017
charge
satisfied

REWARD COMMERCIAL FINANCE LLP

Created 10/02/2012Registered 15/02/2012Satisfied 27/03/2015

CompanyRankvs 36+ SIC 64921 peers
72

Financial strength88th percentile among SIC peers · 22/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 150.62× · 20/20
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 strength22/25 pts

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

Employees10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2021

Net Worth

£1.9M

Balance sheet strength

Cash

£3.1M

Cash in the bank

Net Current Assets

£21.7M

Working capital

Current Assets

£21.8M

Current Liabilities

£145k

Debtors

£2.5M

2avg. employees

Tax at Year End

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2021150.62-£783k
202035.88—

Derived from filed accounts. Not audited figures.