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Praxis Global Solutions Limited

09089818

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

26 PIGGOTTS WAY, BISHOP'S STORTFORD, CM23 3QS
Incorporated 17/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
85320
Technical and vocational secondary education
85590
Other education
85600
Educational support services

Officers

Mr. Nikhil Shah

director · Since 17/06/2014

BUSINESS CONSULTANT

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Sayali Nikhil Shah

25–50% shares
25–50% votes

British · England · Age 42

26, Piggotts Way, Bishop's Stortford, CM23 3QS

Notified 06/04/2016

Mr. Nikhil Shah

50–75% shares
50–75% votes

British · United Kingdom · Age 45

26, Piggotts Way, Bishop's Stortford, CM23 3QS

Notified 06/04/2016

CompanyRankvs 22357+ SIC 62012 peers
55

Financial strength89th percentile among SIC peers · 22/25
Employees43th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees6/15 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.

Longevity12/15 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 30/06/2024

Net Worth

£146k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

Fixed Assets

£4k

1avg. employees-1
Signed by Nikhil Pravin Shah

EstimatesDerived

YearImplied Profit
2024-£3k
2023+£83k
2022-£45k
2021+£53k
2020-£9k
2019+£6k

Derived from filed accounts. Not audited figures.