PRACNET CONSULTANCY LIMITED

Company number 09162372 · Active (Active - Proposal to Strike off)

PRACNET CONSULTANCY LIMITED is a private limited company registered in BARKING, United Kingdom, incorporated on 5 Aug 2014. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 31 Aug 2021 show equity of £16k, total assets of £16k. It has filed 3 sets of accounts, 2 of them after the deadline. Our model estimates a 0.25 % probability that it becomes insolvent within 12 months, 2.2 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.25 %
High risk
Lowest riskHighest risk

Higher than 94 % of active companies in the United Kingdom. 2.2× the average annual insolvency rate (0.12 %).

Raises the risk

Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Cash ÷ assets0.9×0.578498–0.951833 · 0.10 % 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
09162372 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
5 Aug 2014 (12 years)
Registered address
IG11 0XG BARKING
Postcode area
Ilford
Activity
62020 Information technology consultancy activities
Industry
Computer programming and consultancy
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Aug 202115 May 2022– –£16k£16k £1£14k1
31 Aug 202015 Oct 2021– –£24k£24k £0£18k1
31 Aug 201915 Nov 2020– –£28k£28k £0£26k1

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

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Questions about PRACNET CONSULTANCY LIMITED

What is the company number of PRACNET CONSULTANCY LIMITED?

PRACNET CONSULTANCY LIMITED is registered under company number 09162372 in the official register of United Kingdom. View it at the official register.

Is PRACNET CONSULTANCY LIMITED still active?

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

Has PRACNET CONSULTANCY LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PRACNET CONSULTANCY LIMITED in the official data.

How likely is PRACNET CONSULTANCY LIMITED to become insolvent?

Our model estimates a 0.25 % probability that PRACNET CONSULTANCY LIMITED becomes insolvent within the next 12 months (high risk). That is higher than 94 % of active companies in the United Kingdom.

When was PRACNET CONSULTANCY LIMITED founded?

PRACNET CONSULTANCY LIMITED was incorporated on 5 Aug 2014.

Where is PRACNET CONSULTANCY LIMITED registered?

PRACNET CONSULTANCY LIMITED's registered address is in IG11 0XG BARKING (Ilford), United Kingdom.

What do the latest accounts of PRACNET CONSULTANCY LIMITED show?

The latest published accounts (period ending 31 Aug 2021) show equity of £16k, total assets of £16k, 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.