PRAX 1 LIMITED

Company number 07385366 · Active (Active - Proposal to Strike off)

PRAX 1 LIMITED is a private limited company registered in LONDON, United Kingdom, incorporated on 23 Sep 2010. Its registered activity is activities of financial services holding companies. Its latest published accounts for the period ending 31 May 2025 show equity of £336, total assets of £336. It has filed 7 sets of accounts, 3 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
Share of filings late2.3×0.333333–0.666667 · 0.26 % 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

Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Total assets (log)0.3×< 2.87772 · 0.03 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Industry0.4×64 · 0.05 % became insolvent
Cash ÷ assets0.4×≥ 0.951833 · 0.05 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % 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
07385366 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
23 Sep 2010 (16 years)
Registered address
N13 4BS LONDON
Postcode area
London North
Activity
64205 Activities of financial services holding companies
Industry
Financial services
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Mar 2026– –£336£336 £0£3361
31 May 202415 Feb 2025– –−£40k£1.1m £4,482£4,1191
31 May 202315 Feb 2024– –−£25k£1.1m £30k£7,5401
31 May 202215 Feb 2023– –−£3,551£1.1m £28k£7071
31 May 202115 Jun 2022– –£54k£1.1m £16k£26k1
31 May 202015 Apr 2021– –£146k£1.3m £9,248£225k0
30 Sep 201915 Jun 2020– –£198k£2.6m £100k£487k–

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

Similar companies in London North

Questions about PRAX 1 LIMITED

What is the company number of PRAX 1 LIMITED?

PRAX 1 LIMITED is registered under company number 07385366 in the official register of United Kingdom. View it at the official register.

Is PRAX 1 LIMITED still active?

Yes. PRAX 1 LIMITED is registered as active (status: Active - Proposal to Strike off).

Has PRAX 1 LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PRAX 1 LIMITED in the official data.

How likely is PRAX 1 LIMITED to become insolvent?

Our model estimates a 0.00 % probability that PRAX 1 LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was PRAX 1 LIMITED founded?

PRAX 1 LIMITED was incorporated on 23 Sep 2010.

Where is PRAX 1 LIMITED registered?

PRAX 1 LIMITED's registered address is in N13 4BS LONDON (London North), United Kingdom.

What do the latest accounts of PRAX 1 LIMITED show?

The latest published accounts (period ending 31 May 2025) show equity of £336, total assets of £336, 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.