Practice 2 Practice Limited
Business and domestic software development · Birmingham
ActiveUnited KingdomIncorporated 2009Private Limited Company
Financial position
Accounts to 2025-05-31 · GBP · Company accounts
Net assets
£1,215,395
Cash
—
Turnover
—
Profit / loss
—
Current assets
£202,359
Creditors < 1 year
£82,506
Equity
£1,215,395
Average employees
3
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
| Reported figures | 2025-05-31Company | 2024-05-31Company | 2023-05-31Company | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | ||||||||||||||||
| Net assets | £1,215,395 | £1,175,022 | £1,179,867 | £1,020,232 | £930,195 | £761,369 | £645,478 | £557,430 | £429,823 | £330,298 | £218,320 | £136,029 | — | — | £27,748 | £26,362 |
| Equity | £1,215,395 | £1,175,022 | £1,179,867 | £1,020,232 | £930,195 | £761,369 | £645,478 | £557,430 | £429,823 | £330,298 | £218,320 | £136,029 | £118,766 | £74,719 | £27,748 | £26,362 |
| Assets | ||||||||||||||||
| Fixed assets | £1,108,860 | £1,129,773 | £1,116,474 | £1,097,647 | £985,245 | £663,668 | £324,909 | £338,276 | £339,796 | £166,794 | £36,593 | £14,089 | £15,583 | £15,410 | £17,680 | £17,924 |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | £29,321 | £4,999 | £4,675 | £2,684 | £3,136 | £1,562 |
| Current assets | £202,359 | £144,043 | £195,577 | £172,007 | £177,686 | £341,967 | £379,626 | £292,656 | £152,045 | £233,697 | £255,615 | £194,905 | £158,077 | £112,728 | £59,520 | £55,365 |
| Cash at bank | — | — | — | — | — | — | — | — | — | — | £250,009 | £179,696 | £147,473 | £112,638 | £59,520 | £55,365 |
| Debtors | — | — | — | — | — | — | — | — | — | — | £5,606 | £15,209 | £10,604 | £90 | £0 | — |
| Liabilities | ||||||||||||||||
| Creditors within one year | £82,506 | £84,002 | £104,093 | £114,246 | £75,331 | £80,096 | £57,857 | £72,302 | £57,945 | £64,656 | £68,023 | £72,965 | £54,894 | £53,419 | — | — |
| Creditors after one year | — | — | £21,792 | £132,154 | £152,769 | £162,770 | — | — | — | — | — | — | — | — | — | — |
| Provisions | — | — | — | — | — | — | — | — | £3,000 | £4,445 | £5,865 | — | — | — | — | — |
| Net current assets | £119,853 | £60,041 | £91,685 | £58,239 | £103,305 | £262,871 | £321,769 | £220,354 | £94,100 | £169,041 | £187,592 | £121,940 | £103,183 | £59,309 | £10,068 | £8,438 |
| Assets less current liabilities | £1,228,713 | £1,189,814 | £1,208,159 | £1,155,886 | £1,088,550 | £926,539 | £646,678 | £558,630 | £433,896 | £335,835 | £224,185 | £136,029 | £118,766 | £74,719 | £27,748 | £26,362 |
| People | ||||||||||||||||
| Average employees | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 2 | 2 | — | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesFixed · created 2019-09-05
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OutstandingAll Assets · created 2019-09-05
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Outstanding