THE PROCUREMENT PRACTICE LIMITED

Company number 05445703 · Active

THE PROCUREMENT PRACTICE LIMITED is a private limited company registered in KENDAL, United Kingdom, incorporated on 6 May 2005. Its registered activity is other professional, scientific and technical activities n.e.c.. Its latest published accounts for the period ending 31 May 2025 show equity of £24k, total assets of £24k. It has filed 7 sets of accounts, 2 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Equity change ÷ assets1.6×< -0.688951 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Days since last period end1.4×427–543 · 0.16 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

Region0.1×LA · 0.01 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

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
05445703 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
6 May 2005 (22 years)
Registered address
LA8 0DJ KENDAL
Postcode area
Lancaster
Activity
74909 Other professional, scientific and technical activities n.e.c.
Industry
Other professional, scientific and technical activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Feb 2026– –£24k£24k £399–1
31 May 202415 Jan 2025– –£47k£53k £5,574–1
31 May 202315 Feb 2024– –£49k£55k £5,613–1
31 May 202215 Feb 2023– –£66k£72k £6,336–1
31 May 202115 Nov 2021– –£99k£220k ––1
31 May 202015 Aug 2021– –£33k£114k £81k–1
31 May 201915 May 2020– –−£5,521£550 £6,071–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Lancaster

Questions about THE PROCUREMENT PRACTICE LIMITED

What is the company number of THE PROCUREMENT PRACTICE LIMITED?

THE PROCUREMENT PRACTICE LIMITED is registered under company number 05445703 in the official register of United Kingdom. View it at the official register.

Is THE PROCUREMENT PRACTICE LIMITED still active?

Yes. THE PROCUREMENT PRACTICE LIMITED is registered as active (status: Active).

Has THE PROCUREMENT PRACTICE LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for THE PROCUREMENT PRACTICE LIMITED in the official data.

How likely is THE PROCUREMENT PRACTICE LIMITED to become insolvent?

Our model estimates a 0.00 % probability that THE PROCUREMENT PRACTICE LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was THE PROCUREMENT PRACTICE LIMITED founded?

THE PROCUREMENT PRACTICE LIMITED was incorporated on 6 May 2005.

Where is THE PROCUREMENT PRACTICE LIMITED registered?

THE PROCUREMENT PRACTICE LIMITED's registered address is in LA8 0DJ KENDAL (Lancaster), United Kingdom.

What do the latest accounts of THE PROCUREMENT PRACTICE LIMITED show?

The latest published accounts (period ending 31 May 2025) show equity of £24k, total assets of £24k, 1 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.