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Practical Accounting & Training Limited

12029554

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FLAT 3, CORONATION COURT FLAT 3 CORONATION COURT, ERITH, DA8 3JN
Incorporated 03/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85410
Post-secondary non-tertiary education
85590
Other education

Officers

Mr Francis Akator

director · Since 02/01/2020

ACCOUNTANT

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Francis Akator

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
Appoint directors

British · United Kingdom · Age 53

Flat 3 Coronation Court, Flat 3 Coronation Court, Erith, DA8 3JN

Notified 02/01/2020

Former PSCs

Mr John Dadzie

Ceased 02/01/2020

CompanyRankvs 626+ SIC 85410 peers
50

Financial strength70th percentile among SIC peers · 18/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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626Practical Accounting & Training Limited
50
How is this score calculated?
Financial strength18/25 pts

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

Employees8/15 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.

Longevity7/15 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 30/06/2025

Net Worth

£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£15

Current Liabilities

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£549
20240.00+£372
20230.09+£390
20220.02+£3k
2021—+£2k
20200.29—

Derived from filed accounts. Not audited figures.