PRACTICAL TOOLS INITIATIVE LIMITED

Company number 08249953 · Active

PRACTICAL TOOLS INITIATIVE LIMITED is a pri/ltd by guar/nsc (private, limited by guarantee, no share capital) registered in FAREHAM, United Kingdom, incorporated on 11 Oct 2012. Its registered activity is non-trading company. Its latest published accounts for the period ending 31 Jul 2026 show equity of £344k, total assets of £361k. It has filed 7 sets of accounts. 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 76 % 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
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Equity (signed log)2.0×≥ 5.52268 · 0.24 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent
Negative equity1.2×0 · 0.14 % became insolvent

Lowers the risk

Legal form0.3×PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital) · 0.03 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Filing delay of last accounts (days)0.5×< 76 · 0.05 % became insolvent
Days since last period end0.6×< 246 · 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
08249953 · official register
Status
Active
Legal form
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Incorporated
11 Oct 2012 (14 years)
Registered address
PO16 7FH FAREHAM
Postcode area
Portsmouth
Activity
74990 Non-trading company
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 Jul 202629 Sep 2026– –£344k£361k £17k–0
31 Jul 202515 Sep 2025– –£56k£65k £8,852–0
31 Jul 202415 Nov 2024– –£11k£19k £8,752–0
31 Jul 202315 Oct 2023– –£3,067£9,234 £8,049–0
31 Jul 202215 Oct 2022– –£1,354£7,049 £4,151–0
31 Jul 202115 Oct 2021– –£22k£34k £12k–0
31 Jul 202015 Oct 2020– –£187k£196k £8,457–0

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

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Questions about PRACTICAL TOOLS INITIATIVE LIMITED

What is the company number of PRACTICAL TOOLS INITIATIVE LIMITED?

PRACTICAL TOOLS INITIATIVE LIMITED is registered under company number 08249953 in the official register of United Kingdom. View it at the official register.

Is PRACTICAL TOOLS INITIATIVE LIMITED still active?

Yes. PRACTICAL TOOLS INITIATIVE LIMITED is registered as active (status: Active).

Has PRACTICAL TOOLS INITIATIVE LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PRACTICAL TOOLS INITIATIVE LIMITED in the official data.

How likely is PRACTICAL TOOLS INITIATIVE LIMITED to become insolvent?

Our model estimates a 0.00 % probability that PRACTICAL TOOLS INITIATIVE LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 76 % of active companies in the United Kingdom.

When was PRACTICAL TOOLS INITIATIVE LIMITED founded?

PRACTICAL TOOLS INITIATIVE LIMITED was incorporated on 11 Oct 2012.

Where is PRACTICAL TOOLS INITIATIVE LIMITED registered?

PRACTICAL TOOLS INITIATIVE LIMITED's registered address is in PO16 7FH FAREHAM (Portsmouth), United Kingdom.

What do the latest accounts of PRACTICAL TOOLS INITIATIVE LIMITED show?

The latest published accounts (period ending 31 Jul 2026) show equity of £344k, total assets of £361k, 0 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.