Practical Solutions Midlands Limited
07617741
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Previously known as
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 14/03/2026
Due 28/03/2027
Industry
Officers
director · Since 28/04/2011
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 11 other boards
Former
director · Resigned 26/07/2011
director · Resigned 01/12/2013
director · Resigned 01/11/2014
Persons with Significant Control
Mr Carl Alexander Vernon
British · England · Age 52
9, St. Mellion Close, Derby, DE3 9YL
Notified 06/04/2016
Mrs Emily Clare Vernon
British · United Kingdom · Age 47
9, St Mellion Close, Derby, DE3 9YL
Notified 04/01/2019
Charges2 outstanding
SANTANDER UK PLC AS SECURITY TRUSTEE
SANTANDER UK PLC AS SECURITY TRUSTEE
Change History
Active
Private Limited Company
132 WESTERN ROAD
DERBY
CompanyRankvs 7739+ SIC 70229 peers74
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
£227k
Balance sheet strength
Cash
£46k
Cash in the bank
Net Current Assets
£34k
Working capital
Current Assets
£101k
Current Liabilities
£67k
Fixed Assets
£285k
Debtors
£54k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.51 | +£236k |
| 2024 | 0.38 | -£38k |
| 2023 | 0.63 | — |
Derived from filed accounts. Not audited figures.