Think Best Practice Limited
13793693
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/12/2021
GLOBAL PRESIDENT
AUSTRALIAN · CANADA · Age 69
Also on 1 other board
Persons with Significant Control
Mr Lee Christopher Traill
Australian · Canada · Age 69
13793693 - Companies House Default Address, Cardiff, CF14 8LH
Notified 10/12/2021
CompanyRankvs 87668+ SIC 62020 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2023
Net Worth
-£660k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£660k
Working capital
Current Assets
£245k
Current Liabilities
£906k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.27 | -£568k |
| 2022 | 0.05 | — |
Derived from filed accounts. Not audited figures.