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Praxis Operations Limited

11207235

active
ltd
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

Wellington House Aviator Court, Clifton Moor, York, YO30 4UZ
Incorporated 15/02/2018

Previously known as

People Pay Ltd · until 10/07/2018

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

70221
Financial management

Officers

Mr Naveed Rehman

director · Since 15/02/2018

DIECTOR

BRITISH · ENGLAND · Age 63

Mr Charles Jefferis Woodburn Benson

director · Since 02/06/2019

BARRISTER

BRITISH · ENGLAND · Age 64

Also on 10 other boards

Mr David Nicholas King

director · Since 02/06/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Kaspar Strandskov

director · Since 26/02/2021

CHIEF TECHNICAL OFFICER

DANISH · ISLE OF MAN · Age 54

Naveed Rehman

director · Since 15/02/2018

British · England · Age 63

David Nicholas King

director · Since 02/06/2019

British · England · Age 58

Charles Jefferis Woodburn Benson

director · Since 02/06/2019

British · England · Age 64

Kaspar Strandskov

director · Since 26/02/2021

Danish · Isle Of Man · Age 54

Persons with Significant Control

Mr Naveed Rehman

75–100% shares

British · United Kingdom · Age 63

Wellington House, Aviator Court, York, YO30 4UZ

Notified 15/02/2018

Change History

statusactive
2026-07-16

Active

typeltd
2026-07-16

Private Limited Company

address line1Wellington House Aviator Court
2026-07-16

WELLINGTON HOUSE AVIATOR COURT

post townYork
2026-07-16

YORK

CompanyRankvs 10958+ SIC 70221 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.07× · 2/20
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 strength0/25 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.

Liquidity2/20 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 31/03/2025

Net Worth

-£242k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£241k

Working capital

Current Assets

£18k

Current Liabilities

£259k

4avg. employees

Balance Sheet

Assets less current liabilities-£241k
Signed by N Rehman 02/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£22k
20240.16-£28k
20230.26

Derived from filed accounts. Not audited figures.