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Practical Property Renovations Ltd

15523533

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

1 DUFFIELD ROAD, DERBY, DE1 3BB
Incorporated 26/02/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Alex Michael Betts

director · Since 26/02/2024

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 30

Also on 3 other boards

Mr Michael Wayne Betts

director · Since 26/02/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Persons with Significant Control

Vitalbuild Holdings Ltd

25–50% shares
25–50% votes
Appoint directors

1, Duffield Road, Derby, DE1 3BB

Reg: 15385943 · Uk Register Of Companies · Private Company Limited By Shares

Notified 26/02/2024

Mr Michael Wayne Betts

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

18 The Hawthornes, Beighton, Sheffield, S20 1WA

Notified 26/02/2024

Charges4 outstanding

Charge
outstanding

WEST BRIDGING LTD

Created 13/04/2026Registered 14/04/2026
Charge
outstanding

WEST BRIDGING LTD

Created 13/04/2026Registered 14/04/2026
Charge
outstanding

WEST BRIDGING LTD

Created 13/04/2026Registered 14/04/2026
Charge
outstanding

WEST BRIDGING LTD

Created 13/04/2026Registered 14/04/2026

CompanyRankvs 183388+ SIC 68100 peers
18

Financial strength9th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

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

Liquidity6/20 pts

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

Longevity2/15 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 28/02/2025

Net Worth

-£32k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£95k

Current Liabilities

£127k

Debtors

£350

0avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.75

Derived from filed accounts. Not audited figures.