Pract LimitedDissolved
Registered name: PRACT LIMITED
Pract Limited made £60 revenue and a £2.9k loss in the year to 30 Apr 2023.
Pract Limited’s revenue grew 28% to £60 in the year to 30 Apr 2023, with a loss of £2.9k and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £47 | £60 |
| Profit after tax | −£4.3k | −£2.9k |
| Profit (best available) | −£4.3k | −£2.9k |
| Staff costs | £0 | £0 |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | −9100% | −4795% |
| Revenue per employee | — | £60 |
| Profit per employee | — | −£2.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▲27.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £1.7k | £0 |
| Fixed assets | £270 | £0 |
| Current assets | £1.4k | £0 |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 |
How the business works
- Profit margin
- −4795%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £60
- Revenue ÷ average employees.
- Profit per employee
- −£2.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼100%
- Now £0
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 30 Apr 2023 (profit −£2.9k), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.