PRAISECOVER LIMITED
Company number 02586945 · Active
PRAISECOVER LIMITED is a private limited company registered in WEST HORNDON, United Kingdom, incorporated on 28 Feb 1991. Its registered activity is taxi operation. Its latest published accounts for the period ending 31 Mar 2025 show equity of −£137k, total assets of £15k. It has filed 5 sets of accounts. Our model estimates a 2.22 % probability that it becomes insolvent within 12 months, 19.1 times the average for active companies (very high risk).
Insolvency risk, next 12 months
Higher than 99 % of active companies in the United Kingdom. 19.1× the average annual insolvency rate (0.12 %).
Raises the risk
Lowers the risk
Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.
Company details
- Company number
- 02586945 · official register
- Status
- Active
- Legal form
- Private Limited Company
- Incorporated
- 28 Feb 1991 (36 years)
- Registered address
- CM13 3LX WEST HORNDON
- Postcode area
- Chelmsford
- Activity
- 49320 Taxi operation
- Industry
- Land transport
- Accounts overdue
- No
Insolvency and register events
No insolvency or liquidation events on record.
Annual accounts GBP
| Period end | Published | Turnover | Result | Equity | Total assets | Current liabilities | Cash | Employees |
|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 15 Nov 2025 | – | – | −£137k | £15k | £151k | £12k | 6 |
| 31 Mar 2024 | 15 Dec 2024 | – | – | −£143k | £44k | £187k | £42k | 11 |
| 31 Mar 2022 | 15 Dec 2022 | – | – | −£238k | £25k | £264k | £14k | 7 |
| 31 Mar 2021 | 15 Dec 2021 | – | – | −£357k | £265k | £622k | £155k | 6 |
| 31 Mar 2020 | 15 Dec 2020 | – | – | −£364k | £148k | £512k | £26k | 8 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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Questions about PRAISECOVER LIMITED
What is the company number of PRAISECOVER LIMITED?
PRAISECOVER LIMITED is registered under company number 02586945 in the official register of United Kingdom. View it at the official register.
Is PRAISECOVER LIMITED still active?
Yes. PRAISECOVER LIMITED is registered as active (status: Active).
Has PRAISECOVER LIMITED gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for PRAISECOVER LIMITED in the official data.
How likely is PRAISECOVER LIMITED to become insolvent?
Our model estimates a 2.22 % probability that PRAISECOVER LIMITED becomes insolvent within the next 12 months (very high risk). That is higher than 99 % of active companies in the United Kingdom.
When was PRAISECOVER LIMITED founded?
PRAISECOVER LIMITED was incorporated on 28 Feb 1991.
Where is PRAISECOVER LIMITED registered?
PRAISECOVER LIMITED's registered address is in CM13 3LX WEST HORNDON (Chelmsford), United Kingdom.
What do the latest accounts of PRAISECOVER LIMITED show?
The latest published accounts (period ending 31 Mar 2025) show equity of −£137k, total assets of £15k, 6 employees.
Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.