# PRACTICAL TOOLS INITIATIVE LIMITED (08249953)

> PRACTICAL TOOLS INITIATIVE LIMITED is an active private limited company (company number 08249953) incorporated on 11 October 2012, registered in Fareham. Its registered activity is non-trading company (SIC 74990). Latest micro accounts cover the period ending 31 July 2025, showing net assets of £56k, 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 rose 424% on the prior period (£11k).

- Status: Active
- Incorporated: 2012-10-11
- Registered office: Fareham, PO16 7FH
- SIC 74990: Non-trading company
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-10-25
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 269 comparable companies in Portsmouth (median £2, upper quartile £250).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £56k | — | — | £8,852 | — | — | 0 |
| 2024-07-31 | £11k | — | — | £8,752 | — | — | 0 |

current ratio 7.3; size band micro.

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

- Net assets above zero: Net assets £55,771 at 31 July 2025
- Net assets up 10% or more on the prior period: +423.7% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 7.3
- Incorporated five or more years ago: Incorporated 11 October 2012

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

## Persons with significant control

- Mr James Fallah-William — has significant influence or control, since 2016-04-06
- Mr Bockarie Musa Ephraim — has significant influence or control, since 2020-07-20
- Miss Hawah Gamanga — has significant influence or control, since 2022-05-10

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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/08249953
HTML: https://firmoscan.com/company/08249953-practical-tools-initiative-limited