£400
−79%vs Aug 2024Active13190402Private limited companySunderland
PREACTION LIMITED
C56/10001
Summary
PREACTION LIMITED is an active private limited company (company number 13190402) incorporated on 9 February 2021, registered in Sunderland. Its registered activity is management consultancy activities other than financial management (SIC 70229). Latest small accounts cover the period ending 31 August 2025, showing net assets of £400 and cash of £193k, with 15 employees on average. Net assets fell 79% on the prior period (£1,915).
Peer position · net assets
By net assets it sits in the lower half of 1,765 comparable companies in Newcastle (median £3,587, upper quartile £29k).
02
Key dates
- Incorporated
- 9 February 20215 yrs ago
- Next accounts due
- 31 May 2027in 221 days
- Confirmation statement due
- 23 February 2027in 124 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 70229
- Management consultancy activities other than financial management
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£193k
−48%vs Aug 2024Not reported
15
−6%vs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | £400 | £193k | £318k | £526k | — | — | 15 |
| 31 August 2024 | £1,915 | £371k | £4,947 | £388k | — | — | 16 |
Current ratio0.97Current liabilities exceed current assets
Cash per employee£13kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
56 / 100 · grade C
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £400 at 2025-08-31 |
| −8 | Net assets falling-79.1% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.97 |
| +4 | Cash reservesCash £192,673 |
| +8 | EstablishedIncorporated 2021-02-09 (6 years) |
| 56 | Score, grade C |
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
- Mr Sean Heavisides
- owns 50–75% of shares
- holds 50–75% of voting rights
- Mr Stephen Andrew Wiles
- owns 75–100% of shares
- holds 75–100% 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.
07
Timeline
- Next accounts duein 221 days
- Confirmation statement duein 124 days
- Accounts period endNet assets £400 · small accounts
- Accounts period endNet assets £1,915 · small accounts
- Incorporated
08
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All companies incorporated on 9 February 2021 · in Feb 2021.
09
Reminders for PREACTION LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.