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Practice Money Limited

06387557

active
ltd
england wales
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)

Details

88 North Street, Hornchurch, RM11 1SR
Incorporated 02/10/2007

Previously known as

Snowbird Capital Limited · until 10/06/2008

Compliance

Last accounts

31/01/2025

dormant

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 02/10/2025

Due 16/10/2026

On track

Industry

74990
Non-trading company

Officers

Mr Simon Roderick Freeman

director · Since 02/10/2007

FINANCE BROKER

BRITISH · ENGLAND · Age 59

Also on 8 other boards

Simon Roderick Freeman

director · Since 02/10/2007

British · England · Age 59

Former

A+ Company Secretarial Limited

corporate secretary · Resigned 02/10/2010

Persons with Significant Control

Mr Simon Roderick Freeman

75–100% shares

British · England · Age 59

88, North Street, Hornchurch, RM11 1SR

Notified 02/10/2016

Change History

status → active
2026-07-16

Active

type → ltd
2026-07-16

Private Limited Company

address line1 → 88 North Street
2026-07-16

88 NORTH STREET

post town → Hornchurch
2026-07-16

HORNCHURCH

CompanyRankvs 13983+ SIC 74990 peers
44

Financial strength57th percentile among SIC peers · 14/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
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 strength14/25 pts

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

Employees0/15 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.

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

Key FinancialsYear ending 31/01/2025

Net Worth

£100

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Prepared with Companies House