# PRAISE LIMITED (04011067)

> PRAISE LIMITED is an active private limited company (company number 04011067) incorporated on 8 June 2000, registered in Kent. Its registered activity is dispensing chemist in specialised stores (SIC 47730). Latest abridged accounts cover the period ending 31 October 2025, showing net assets of £485k and cash of £121k, with 7 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 6% on the prior period (£455k).

- Status: Active
- Incorporated: 2000-06-08
- Registered office: Kent, DA7 5AH
- SIC 47730: Dispensing chemist in specialised stores
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-06-22
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 900 comparable companies in Greater London (median £16k, upper quartile £276k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £485k | £121k | £74k | £36k | — | — | 7 |
| 2024-10-31 | £455k | £121k | £57k | £50k | — | — | 7 |

current ratio 6.26; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £484,902 at 31 October 2025
- Current assets at least 1.5× creditors within one year: Current ratio 6.26
- Cash at bank of £50,000 or more: Cash £121,334
- Incorporated five or more years ago: Incorporated 8 June 2000

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Adeniyi Olalekan John Adeyemo — owns 50–75% of shares, since 2016-07-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04011067
HTML: https://firmoscan.com/company/04011067-praise-limited