−£161k
vs Feb 2024Active00864089Private limited companyCardiff
PRACTICE NET LIMITED
D43/100Owned by Radius Professional Limited, Paul Harris and 1 other
01
Summary
PRACTICE NET LIMITED is an active private limited company (company number 00864089) incorporated on 15 November 1965, registered in Cardiff. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 28 February 2025, showing net assets of −£161k and cash of £5,497, with 2 employees on average. Net assets fell 15% on the prior period (−£141k).
Peer position · net assets
By net assets it sits in the bottom quarter of 651 comparable companies in Cardiff (median £200, upper quartile £20k).
02
Key dates
- Incorporated
- 15 November 196560 yrs ago
- Next accounts due
- 28 November 2026in 37 days
- Confirmation statement due
- 29 November 2026in 38 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 62012
- Business and domestic software development
- SIC 63110
- Data processing, hosting and related activities
- SIC 95110
- Repair of computers and peripheral equipment
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£5,497
−65%vs Feb 2024Not reported
2
No changevs Feb 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | −£161k | £5,497 | £130k | — | — | — | 2 |
| 29 February 2024 | −£141k | £16k | £138k | — | — | — | 2 |
Cash per employee£2,748Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
43 / 100 · grade D
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-161,125 at 2025-02-28 |
| +8 | EstablishedIncorporated 1965-11-15 (61 years) |
| 43 | Score, grade D |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Radius Professional Limited
- owns 75–100% of shares
- Mr Paul Harris
- owns 25–50% of shares
- Mr Philip Michael Groves
- owns 25–50% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 38 days
- Next accounts duein 37 days
- Accounts period endNet liabilities £161k · small accounts
- Accounts period endNet liabilities £141k · small accounts
- Incorporated
08
Similar companies in Cardiff
- COMPUTE (BRIDGEND) LIMITEDinc. Oct 1970
- TARGET GROUP LIMITEDNewport · inc. Apr 1975
- IT PROFESSIONAL LIMITEDCardiff · inc. Mar 1980
- DROVEFAX COMPUTERS LIMITEDChepstow · inc. Oct 1983
- ACTIVE LOGIC LIMITEDPenarth · inc. May 1985
- M S G BUSINESS SYSTEMS LIMITEDVale Of Glamorgan · inc. Apr 1986
All companies incorporated on 15 November 1965 · in Nov 1965.
09
Reminders for PRACTICE NET LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.