£1,555
−75%vs Mar 2024Active12488923Private limited companyYateley
PRACTICAL ACCOUNTING SOLUTIONS LTD
Significant control: Robert William King (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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01
Summary
PRACTICAL ACCOUNTING SOLUTIONS LTD is an active private limited company (company number 12488923) incorporated on 28 February 2020, registered in Yateley. Its registered activity is accounting and auditing activities (SIC 69201). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £1,555, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 75% on the prior period (£6,136).
Peer position · net assets
By net assets it sits in the lower half of 825 comparable companies in Surrey (median £5,959, upper quartile £35k).
02
Ownership and control
- Mr Robert William King
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- can appoint or remove directors
- can appoint or remove directors
- W J F King
- has significant influence or control
- has significant influence or control
- Mr William James Francis King
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 28 February 20206 yrs ago
- Next accounts due
- 31 December 2026in 69 days
- Confirmation statement due
- 14 March 2027in 142 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 69201
- Accounting and auditing activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
2
No changevs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | £1,555 | — | — | £5,436 | — | — | 2 |
| 31 March 2024 | £6,136 | — | — | £13k | — | — | 2 |
Current ratio0.71Current assets ÷ creditors within one year
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.
06
Filing and accounts signals
- Net assets above zeroNet assets £1,555 at 31 March 2025
- Net assets down 25% or more on the prior period-74.7% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.71
- Incorporated five or more years agoIncorporated 28 February 2020
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 142 days
- Next accounts duein 69 days
- Accounts period endNet assets £1,555 · micro accounts
- Accounts period endNet assets £6,136 · micro accounts
- Incorporated
08
Similar companies in Surrey
- SYCAMORE PARTNERS LIMITEDGuildford · inc. Feb 2020
- BLACKMAN TERRY ACCOUNTANTS LTDHaywards Heath · inc. Mar 2020
- LYONS ACCOUNTING LTDPetersfield · inc. Mar 2020
- SHF ACCOUNTANCY LIMITEDReigate · inc. Feb 2020
- SALSO FINANCE LTDHaywards Heath · inc. Mar 2020
- BACK OFFICE 2 BUSINESS LTDGuildford · inc. Jan 2020
All companies incorporated on 28 February 2020 · in Feb 2020.
09
Reminders for PRACTICAL ACCOUNTING SOLUTIONS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.