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Chartac Practice Limited

08568610

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 COTON LANE, BIRMINGHAM, B23 6TP
Incorporated 13/06/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Ullas Ambalal Patel

director · Since 13/06/2013

ACCOUNTANT

BRITISH · ENGLAND · Age 75

Persons with Significant Control

Ullas Ambalal Patel

75–100% shares
75–100% votes
Appoint directors

British · England · Age 75

1, Coton Lane, Birmingham, B23 6TP

Notified 06/04/2016

CompanyRankvs 4367+ SIC 82990 peers
86

Financial strength95th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.2× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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4367Chartac Practice Limited
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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.

Employees14/15 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.

Longevity13/15 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 31/03/2025

Net Worth

£749k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£788k

Working capital

Current Assets

£1.0M

Current Liabilities

£246k

Fixed Assets

£16k

9avg. employees

Balance Sheet

Assets less current liabilities£804k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20254.20+£117k
20244.82+£22k
20233.95+£45k
20224.10+£30k
20213.65+£44k
20203.78+£86k
20193.25—

Derived from filed accounts. Not audited figures.