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Praveen And Harika Ltd

11354238

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

17 FRANCES GREEN, CHELMSFORD, CM1 6EG
Incorporated 10/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr. Praveen Kumar Karri

director · Since 10/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mrs Harika Anuradha Vegi

director · Since 10/05/2018

DIRECTOR

INDIAN · ENGLAND · Age 35

Also on 1 other board

Persons with Significant Control

Mr. Praveen Kumar Karri

25–50% shares
25–50% votes

British · England · Age 39

32, Ager Avenue, Dagenham, RM8 1BF

Notified 10/05/2018

Mrs Harika Anuradha Vegi

25–50% shares
25–50% votes

Indian · England · Age 35

32, Ager Avenue, Dagenham, RM8 1BF

Notified 10/05/2018

Charges3 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 05/06/2025Registered 06/06/2025
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 05/07/2024Registered 08/07/2024
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 25/03/2024Registered 02/04/2024

CompanyRankvs 161751+ SIC 68100 peers
17

Financial strength7th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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161751Praveen And Harika Ltd
27
How is this score calculated?
Financial strength2/25 pts

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

Employees0/15 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.

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 31/05/2025

Net Worth

-£52k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£231k

Working capital

Current Assets

£41k

Current Liabilities

£272k

Fixed Assets

£850k

Balance Sheet

Assets less current liabilities£619k
Signed by Mr Praveen Karri 26/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.15+£0
20250.15-£16k
20240.59—

Derived from filed accounts. Not audited figures.