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Pra Ic Limited

14901183

active
ltd
england wales
Companies House
9 outstanding charges
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 9 outstanding charges (-10)

Details

21 Greystoke Park, Gosforth, Newcastle Upon Tyne, NE3 2DZ
Incorporated 29/05/2023

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 28/05/2026

Due 11/06/2027

On track

Industry

64301
Activities of investment trusts

Officers

Mr Arun Kumar Jassal

director · Since 29/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mrs Sunita Jassal

director · Since 29/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Arun Kumar Jassal

director · Since 29/05/2023

British · United Kingdom · Age 69

Sunita Jassal

director · Since 29/05/2023

British · United Kingdom · Age 65

Persons with Significant Control

Mrs Sunita Jassal

25–50% shares
25–50% votes

British · United Kingdom · Age 65

21, Greystoke Park, Newcastle Upon Tyne, NE3 2DZ

Notified 29/05/2023

Mr Arun Kumar Jassal

25–50% shares
25–50% votes

British · United Kingdom · Age 69

21, Greystoke Park, Newcastle Upon Tyne, NE3 2DZ

Notified 29/05/2023

Charges9 outstanding

A registered charge
outstanding

Handelsbanken PLC

By way of fixed charge all estates or interests in any freehold or leasehold property in england and wales now or hereafter belonging to the borrower.

Created 30/06/2026Registered 06/07/2026
A registered charge
outstanding

Handelsbanken PLC

By way of legal mortgage over the property known as 56 linden road, gosforth, newcastle upon tyne, NE3 4HB and registered at hm land registry under title number TY125256.

Created 30/06/2026Registered 06/07/2026
A registered charge
outstanding

Handelsbanken PLC

By way of legal mortgage over the property known as 43 hazelwood avenue, newcastle upon tyne, NE2 3HU and registered at hm land registry under title number TY319595.

Created 30/06/2026Registered 06/07/2026
A registered charge
outstanding

Handelsbanken PLC

By way of legal mortgage over the property known as 41 hazelwood avenue, newcastle upon tyne, NE2 3HU and registered at hm land registry under title number TY126544.

Created 30/06/2026Registered 06/07/2026
A registered charge
outstanding

Handelsbanken PLC

By way of legal mortgage over the property known as 38 holly avenue, newcastle upon tyne, NE2 2PY and registered at hm land registry under title number TY34888.

Created 30/06/2026Registered 06/07/2026
A registered charge
outstanding

Handelsbanken PLC

By way of legal mortgage over the property known as 35 larkspur terrace, newcastle upon tyne, NE2 2DT and registered at hm land registry under title number TY303687.

Created 30/06/2026Registered 06/07/2026
A registered charge
outstanding

Handelsbanken PLC

By way of legal mortgage over the property known as 26 tavistock road, newcastle upon tyne, NE2 3JA and registered at hm land registry under title number TY211450.

Created 30/06/2026Registered 06/07/2026
A registered charge
outstanding

Handelsbanken PLC

By way of legal mortgage over the property known as 20 hazelwood avenue, newcastle upon tyne, NE2 3HX and registered at hm land registry under title number TY567285 and TY119727.

Created 30/06/2026Registered 06/07/2026
A registered charge
outstanding

Handelsbanken PLC

By way of legal mortgage over the property known as 18 hazelwood avenue, newcastle upon tyne, NE2 3HX and registered at hm land registry under title number TY567284 and TY323514.

Created 30/06/2026Registered 06/07/2026

Change History

statusactive
2026-07-14

Active

typeltd
2026-07-14

Private Limited Company

address line121 Greystoke Park
2026-07-14

21 GREYSTOKE PARK

post townNewcastle Upon Tyne
2026-07-14

NEWCASTLE UPON TYNE

CompanyRankvs 81+ SIC 64301 peers
64

Financial strength91th percentile among SIC peers · 23/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 105.97× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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

£1.5M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£760k

Working capital

Current Assets

£768k

Current Liabilities

£7k

Fixed Assets

£711k

2avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2025105.97+£0
2025105.97

Derived from filed accounts. Not audited figures.