PRACTICAL VENTURES LIMITED
Company number SC394547 · Active · Edinburgh EH8 7LP
PRACTICAL VENTURES LIMITED is an active private limited company (company number SC394547) incorporated on 2 March 2011, registered in Edinburgh. Its registered activity is ready-made interactive leisure and entertainment software development (SIC 62011). Latest micro accounts cover the period ending 31 March 2025, showing net assets of −£4,695, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 141% on the prior period (−£1,946).
By net assets it sits in the bottom quarter of 68 comparable companies in Edinburgh (median £1,803, upper quartile £32k).
Key dates
- Incorporated
- 2 March 2011
- Next accounts due
- 31 December 2026 — in 73 days
- Confirmation statement due
- 16 March 2027 — in 148 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 62011
- Ready-made interactive leisure and entertainment software development
- SIC 62012
- Business and domestic software development
- SIC 62020
- Information technology consultancy activities
- SIC 90020
- Support activities to performing arts
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 March 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£4,695 | — | — | £17k | — | — | 0 |
| 31 March 2024 | −£1,946 | — | — | £4,890 | — | — | — |
- Current ratio
- 0.24 — 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 £-4,695 at 2025-03-31
- -8 Net assets falling — -141.3% vs prior period
- -8 Current liabilities exceed current assets — Current ratio 0.24
- +8 Established — Incorporated 2011-03-02 (16 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
- (persons with significant control statement) — · since 2 March 2017
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 Edinburgh
Same activity (ready-made interactive leisure and entertainment software development), closest in incorporation date.
- SIGNET DEVELOPMENT LIMITED — Broxburn, inc. Apr 2011
- RAMPANT APPS LTD — Broxburn, inc. Jan 2011
- MIND ONE DIGITAL LIMITED — Edinburgh, inc. Jun 2011
- TRADEPLAYER LIMITED — Edinburgh, inc. Nov 2010
- SIMPLER SYSTEMS LTD — Edinburgh, inc. Jul 2011
- TICKET TECHNOLOGY LTD — Edinburgh, inc. Jun 2010
Reminders for PRACTICAL VENTURES LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.