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Practice London Limited

11499569

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 03/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Nicholas John Maynard

director · Since 03/08/2018

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Mr Patrick Scotchmer

director · Since 30/10/2025

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Practice Holdings Limited

75–100% shares
75–100% votes
Appoint directors

71-75, Shelton Street, London, WC2H 9JQ

Reg: 16686158 · Register Of Companies · Limited Company

Notified 30/10/2025

Former PSCs

Mr Nicholas John Maynard

Ceased 30/10/2025

CompanyRankvs 14645+ SIC 69201 peers
61

Financial strength51th percentile among SIC peers · 13/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.04× · 12/20
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 strength13/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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 31/12/2024

Net Worth

£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£73k

Current Liabilities

£70k

Fixed Assets

£2k

5avg. employees+1

Balance Sheet

Assets less current liabilities£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04-£24k
20231.42+£24k
20221.07-£5k
20211.16-£5k
20202.28
20191.15

Derived from filed accounts. Not audited figures.