PRAX ENGINEERING LTD
Company number 12089750 · Active · St. Ives PE27 3NJ
PRAX ENGINEERING LTD is an active private limited company (company number 12089750) incorporated on 6 July 2019, registered in St. Ives. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 July 2025, showing net assets of −£18k, with 7 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 174% on the prior period (£25k).
By net assets it sits in the bottom quarter of 6,222 comparable companies in Other (median £1,000, upper quartile £28k).
Key dates
- Incorporated
- 6 July 2019
- Next accounts due
- 30 April 2027 — in 194 days
- Confirmation statement due
- 20 July 2027 — in 275 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62012
- Business and domestic software development
- SIC 71122
- Engineering related scientific and technical consulting activities
- SIC 71129
- Other engineering activities
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 July 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | −£18k | — | — | £188k | — | — | 7 |
| 31 July 2024 | £25k | — | — | £114k | — | — | 4 |
- Current ratio
- 0.83 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 27/100 (grade E)
- -15 Negative net assets — Net assets £-18,230 at 2025-07-31
- -8 Net assets falling — -173.9% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.83
- +8 Established — Incorporated 2019-07-06 (7 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Prasuthan Vanniasingam — owns 75–100% of shares; owns 75–100% of shares; owns 75–100% of shares · since 18 March 2025
- Mrs Sinthuja Prasuthan — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 6 July 2019 · ceased 15 March 2025
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in the UK
Same activity (business and domestic software development), closest in incorporation date.
- STREAMSCRIPT LTD — Harrogate, inc. Jul 2019
- DATA DRIVEN SOFTWARE LIMITED — King'S Lynn, inc. Jul 2019
- MALTIX LTD — Northwich, inc. Jul 2019
- 806 SOFTWARE LTD — Aylsham, inc. Jul 2019
- MECHANIC INK LTD — Stowmarket, inc. Jul 2019
- KINETIC JAM LTD — Plymouth, inc. Jul 2019
Reminders for PRAX ENGINEERING LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.