Back to search

Practicepa Limited

08226267

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

19 LONGREINS ROAD, BARROW-IN-FURNESS, LA14 5AL
Incorporated 24/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Ethan Sandifer

director · Since 25/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 28 other boards

Persons with Significant Control

Mr Ethan Sandifer

Significant control

British · England · Age 26

19, Longreins Road, Barrow-In-Furness, LA14 5AL

Notified 25/09/2024

Former PSCs

Mr Pavan Kumar Sista

Ceased 25/09/2024

CompanyRankvs 91162+ SIC 62020 peers
35

Financial strength2th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 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.

Longevity14/15 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 30/09/2023

Net Worth

-£77k

Balance sheet strength

Cash

£608

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

Current Liabilities

£31k

1avg. employees

Balance Sheet

Bank loans & overdrafts£46k
Assets less current liabilities-£30k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2023-£10k
2022-£13k
2021-£55k
2020-£7k
2019+£6k
20181.04

Derived from filed accounts. Not audited figures.