Praxis Medical Ltd
10858764
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/06/2018
DIRECTOR
BRITISH · ENGLAND · Age 75
Also on 1 other board
Persons with Significant Control
Mr Habib Ur Rehman
British · England · Age 75
Unit 3, Brookside Street, Accrington, BB5 3PX
Notified 14/06/2018
Former PSCs
Mrs Aliya Habib
Ceased 14/06/2018
CompanyRankvs 173+ SIC 47749 peers82
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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 31/07/2025
Net Worth
£1.8M
Balance sheet strength
Cash
£797k
Cash in the bank
Net Current Assets
£1.7M
Working capital
Current Assets
£1.7M
Current Liabilities
£62k
Fixed Assets
£119k
Debtors
£948k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 28.31 | +£94k |
| 2024 | 9.65 | +£19k |
| 2023 | 7.10 | +£14k |
| 2022 | 1.89 | +£1.2M |
| 2021 | 1.94 | +£440k |
| 2020 | 1.80 | +£11k |
| 2019 | 1.13 | -£7k |
| 2018 | 1.15 | — |
Derived from filed accounts. Not audited figures.