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Practice Pal Limited

11154632

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

COMMERCIAL UNIT 3.03, VAUXHALL SKY GARDENS, LONDON, SW8 2GB
Incorporated 17/01/2018

Compliance

Last accounts

31/01/2025

micro entity

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 09/06/2025

Due 23/06/2026

On track

Industry

58290
Other software publishing

Officers

Mr Ross Edward Garrod

director · Since 17/01/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Mr James King

director · Since 05/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Mr Colin Duncan Hall

director · Since 01/08/2022

DIRECTOR OF OPERATIONS AND CREATIVE

ENGLISH · ENGLAND · Age 44

Also on 1 other board

Mrs Sarah Evans-Thomas

director · Since 01/04/2023

DIRECTOR

ENGLISH · ENGLAND · Age 64

Persons with Significant Control

Ross Edward Garrod

25–50% shares
25–50% votes
Significant control

British · United Kingdom · Age 39

Commercial Unit 3.03, Vauxhall Sky Gardens, 153 Wandsworth Road, London, SW8 2GB

Notified 17/01/2018

Former PSCs

Mr James King

Ceased 28/06/2022

CompanyRankvs 4248+ SIC 58290 peers
44

Financial strength5th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity8/15 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 31/01/2025

Net Worth

-£89k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£112k

Working capital

Current Assets

£116k

Current Liabilities

£228k

Fixed Assets

£23k

9avg. employees-2

Balance Sheet

Assets less current liabilities-£89k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.51-£153k
20241.08-£40k
20234.15-£56k
202212.59+£13k
202110.71+£146k
20200.25-£167
20190.31—

Derived from filed accounts. Not audited figures.