Practically.Io Limited
08044975
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/08/2024
CREATIVE TECHNOLOGIST
BRITISH · ENGLAND · Age 51
Also on 2 other boards
Persons with Significant Control
Mr Benjamin Peter Heppenstall
British · England · Age 51
8, Grovelands Close, Cheltenham, GL53 8BS
Notified 06/04/2016
Mrs Rachel Deborah Heppenstall
British · England · Age 51
8, Grovelands Close, Cheltenham, GL53 8BS
Notified 06/04/2016
CompanyRankvs 18542+ SIC 82990 peers79
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 05/04/2025
Net Worth
£68k
Balance sheet strength
Cash
£24k
Cash in the bank
Net Current Assets
£66k
Working capital
Current Assets
£153k
Current Liabilities
£87k
Fixed Assets
£2k
Debtors
£129k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.76 | -£74k |
| 2024 | 3.56 | -£19k |
| 2023 | 2.88 | — |
| 2022 | 2.86 | — |
| 2021 | 2.72 | — |
| 2020 | 2.43 | -£52k |
| 2019 | 3.89 | — |
Derived from filed accounts. Not audited figures.