Practice Tech Ltd
09791473
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/09/2015
ACCOUNTANT
BRITISH · ENGLAND · Age 54
Also on 5 other boards
Persons with Significant Control
Mr Christopher Edward Wallace
British · England · Age 54
2, Adelaide Street, St. Albans, AL3 5BH
Notified 06/04/2016
Former PSCs
Mr Ryan Franklin-Smith
Ceased 01/07/2017
CompanyRankvs 44760+ SIC 62012 peers33
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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 30/09/2024
Net Worth
-£22k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£9
Current Liabilities
£22k
Fixed Assets
£33
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£74 |
| 2023 | 0.00 | +£517 |
| 2022 | 0.00 | +£45k |
| 2021 | 0.00 | -£1k |
| 2020 | 0.00 | +£94k |
| 2019 | 0.12 | +£5k |
| 2018 | 0.00 | — |
Derived from filed accounts. Not audited figures.