£303k
−21%vs Apr 2025ActiveSC627021Private limited companyInverness
THE SMALL BUSINESS PRACTICE LTD
Significant control: James Simpson (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From public filings as at 31 Aug 2026; may contain errors or be out of date.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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Registered activity: Accounting and auditing activities (SIC 69201). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
THE SMALL BUSINESS PRACTICE LTD is an active private limited company (company number SC627021) incorporated on 8 April 2019, registered in Inverness. Its registered activity is accounting and auditing activities (SIC 69201). Latest micro accounts cover the period ending 30 April 2026, showing net assets of £303k, 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 21% on the prior period (£384k). Across the last 3 periods on record the net-asset trend is volatile.
Peer position · net assets
By net assets it sits in the top quarter of 4,984 comparable companies in Other (median £6,089, upper quartile £36k).
02
Ownership and control
- Mr James Simpson
- owns 75–100% of shares
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
- 8 April 20197 yrs ago
- Next accounts due
- 30 January 2028in 462 days
- Confirmation statement due
- 22 April 2027in 179 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
7
No changevs Apr 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 April 2026 | £303k | — | — | £54k | — | — | 7 |
| 30 April 2025 | £384k | — | — | £43k | — | — | 7 |
| 30 April 2024 | £364k | — | — | £85k | — | — | 6 |
Current ratio4.86Current 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 £303,165 at 30 April 2026
- Current assets at least 1.5× creditors within one yearCurrent ratio 4.86
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 8 April 2019
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
- Next accounts duein 462 days
- Confirmation statement duein 179 days
- Accounts period endNet assets £303k · micro accounts
- Accounts period endNet assets £384k · micro accounts
- Accounts period endNet assets £364k · micro accounts
- Incorporated
08
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- S&C ACCOUNTANCY SERVICES LIMITEDPeterborough · inc. Apr 2019
- AQUILA ACCOUNTANCY LIMITEDFelixstowe · inc. Apr 2019
- TAXWORKS ACCOUNTANCY SERVICES LIMITEDColwyn Bay · inc. Apr 2019
- VIBE ACCOUNTING LTDPlymouth · inc. Apr 2019
All companies incorporated on 8 April 2019 · in Apr 2019.
09
Reminders for THE SMALL BUSINESS PRACTICE LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.