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Pracyva Ltd

11322801

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 23/04/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62030
Computer facilities management activities
62090
Other information technology service activities

Officers

Mrs Rashmi Bawankar

director · Since 23/04/2018

IT CONSULTANT

INDIAN · ENGLAND · Age 44

Also on 1 other board

Mr Amit Warwatkar

director · Since 18/03/2020

IT CONSULTANT

INDIAN · ENGLAND · Age 47

Also on 2 other boards

Mr Khushal Warwatkar

director · Since 18/03/2020

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Khushal Warwatkar

Significant control

British · England · Age 46

21, Airlie Gardens, Ilford, IG1 4LB

Notified 18/03/2020

Mr Amit Warwatkar

Significant control

British · England · Age 47

21, Airlie Gardens, Ilford, IG1 4LB

Notified 18/03/2020

Former PSCs

Mrs Rashmi Bawankar

Ceased 18/03/2020

Mrs Priyanka Tikle

Ceased 24/12/2019

Charges1 outstanding

Charge
outstanding

SONOVATE LIMITED

Created 21/09/2022Registered 05/10/2022

CompanyRankvs 6141+ SIC 62012 peers
69

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.77× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£612k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£3.2M

Current Liabilities

£1.8M

Fixed Assets

£561k

Debtors

£2.6M

40avg. employees-1

Tax at Year End(2019)

Corp tax£389

Balance Sheet

Intangible assets£512k
Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.77+£207k
202410.59-£101k
202311.01+£979k
20221.23+£828k
20211.78+£65k
20200.01-£26k
20191.16

Derived from filed accounts. Not audited figures.