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Praxis Entertainment Ltd

09986767

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

130A DARKES LANE, POTTERS BAR, EN6 1AF
Incorporated 04/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73120
Media representation

Officers

Mr Paul Savvides Bsc

director · Since 04/02/2016

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 45

Also on 6 other boards

Persons with Significant Control

Mr Paul Savvides

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

English · United Kingdom · Age 45

130a Darkes Lane, Darkes Lane, Potters Bar, EN6 1AF

Notified 06/04/2016

CompanyRankvs 7693+ SIC 73120 peers
35

Financial strength6th percentile among SIC peers · 2/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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 31/03/2024

Net Worth

-£24k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£50k

Current Liabilities

£62k

Fixed Assets

£23k

Profit After Tax

-£41k

0avg. employees-1

Tax at Year End

Corp tax£21

Balance Sheet

Assets less current liabilities£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.81-£41k
20231.74+£15k
2022+£10k
20210.26
20200.64

Derived from filed accounts. Not audited figures.