# PRACTICAL ACCOUNTING SOLUTIONS LTD (12488923)

> PRACTICAL ACCOUNTING SOLUTIONS LTD is an active private limited company (company number 12488923) incorporated on 28 February 2020, registered in Yateley. Its registered activity is accounting and auditing activities (SIC 69201). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £1,555, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 75% on the prior period (£6,136).

- Status: Active
- Incorporated: 2020-02-28
- Registered office: Yateley, GU46 6YD
- SIC 69201: Accounting and auditing activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-14
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 825 comparable companies in Surrey (median £5,959, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £1,555 | — | — | £5,436 | — | — | 2 |
| 2024-03-31 | £6,136 | — | — | £13k | — | — | 2 |

current ratio 0.71; size band micro.

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

- Net assets above zero: Net assets £1,555 at 31 March 2025
- Net assets down 25% or more on the prior period: -74.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.71
- Incorporated five or more years ago: Incorporated 28 February 2020

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

## Persons with significant control

- Mr Robert William King — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors; can appoint or remove directors; can appoint or remove directors, since 2022-02-16

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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/12488923
HTML: https://firmoscan.com/company/12488923-practical-accounting-solutions-ltd