Practical Skills Limited
11278247
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Dr Abdulmajid Addali
British · United Kingdom · Age 58
2 Barnard Way, Shanley Church End, Milton Keynes, MK5 6NE
Notified 27/03/2018
CompanyRankvs 6455+ SIC 85600 peers65
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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 31/03/2025
Turnover
£72k
Annual revenue
Net Worth
£403
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£403
Working capital
Current Assets
£933
Current Liabilities
£530
Profit After Tax
-£24k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.76 | — |
| 2024 | 45.92 | +£11k |
| 2023 | 4.44 | -£30k |
| 2022 | 32.96 | — |
Derived from filed accounts. Not audited figures.