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Pragma Wealth Solutions Limited

11676894

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)

Details

1 Spring Villa Road, Edgware, HA8 7EB
Incorporated 14/11/2018

Previously known as

Praxis Wealth Limited · until 11/12/2018

Compliance

Last accounts

30/11/2022

dormant

Next accounts due

31/08/2024

Overdue

Confirmation statement

Last: 13/11/2022

Due 27/11/2023

Overdue

Industry

64999
Other financial service activities

Officers

Mr Pragnesh Modhwadia

director · Since 14/11/2018

SOLICITOR

BRITISH · UNITED KINGDOM · Age 43

Also on 17 other boards

Pragnesh Modhwadia

director · Since 14/11/2018

British · United Kingdom · Age 43

Persons with Significant Control

Mr Pragnesh Modhwadia

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

British · United Kingdom · Age 43

1, Spring Villa Road, Edgware, HA8 7EB

Notified 14/11/2018

Change History

statusactive
2026-07-13

Active - Proposal to Strike off

typeltd
2026-07-13

Private Limited Company

address line11 Spring Villa Road
2026-07-13

1 SPRING VILLA ROAD

post townEdgware
2026-07-13

EDGWARE

CompanyRankvs 24067+ SIC 64999 peers
15

Financial strength28th percentile among SIC peers · 7/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength7/25 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.

Liquidity0/20 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 compliance0/15 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 30/11/2022

Net Worth

£100

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

Prepared with Companies House