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Practical Business Solutions (Nw) Limited

07262105

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

749A ORMSKIRK ROAD, WIGAN, WN5 8AT
Incorporated 21/05/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Stephen Robert Powell

director · Since 28/04/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 30 other boards

Mr Michael Andrew Hickman Acima

director · Since 24/10/2025

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 14 other boards

Persons with Significant Control

Mr Stephen Robert Powell

75–100% votes
Appoint directors

British · England · Age 58

749a, Ormskirk Road, Wigan, WN5 8AT

Notified 28/04/2023

Former PSCs

Mr Michael Andrew Hickman

Ceased 28/04/2023

Mrs Julie Anne Hickman

Ceased 28/04/2023

CompanyRankvs 498+ SIC 74909 peers
89

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.55× · 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 strength24/25 pts

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

Employees15/15 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 31/08/2025

Net Worth

£548k

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

£508k

Working capital

Current Assets

£707k

Current Liabilities

£199k

Fixed Assets

£49k

Debtors

£538k

Profit After Tax

£155k

18avg. employees+3

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£557k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20253.55+£322k
20243.28+£155k
20231.11+£16k
20221.48-£45k
20212.97+£23k£751k
20201.68+£53k
20191.38+£10k
20180.92

Derived from filed accounts. Not audited figures.