Norwich Practices Ltd.
06059636
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/01/2023
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 52
Also on 2 other boards
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 15+ SIC 86210 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The financial statements have been prepared on a basis other than as a going concern as the directors consider there is enough doubt on the Company's ability to continue as a going conce
Key FinancialsYear ending 31/03/2023
Net Worth
£583k
Balance sheet strength
Cash
£2.1M
Cash in the bank
Net Current Assets
£566k
Working capital
Current Assets
£3.6M
Current Liabilities
£3.1M
Fixed Assets
£17k
Debtors
£1.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.19 | -£1.9M |
| 2022 | 2.00 | +£871k |
| 2021 | 1.38 | — |
Derived from filed accounts. Not audited figures.