STEP & PRAISE LTD.

Company number 10545022 · Active (Active - Proposal to Strike off)

STEP & PRAISE LTD. is a private limited company registered in LONDON, United Kingdom, incorporated on 3 Jan 2017. Its registered activity is retail sale of clothing in specialised stores. Its latest published accounts for the period ending 31 Jan 2024 show equity of −£10k, total assets of £2,369. It has filed 5 sets of accounts, 2 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent

Lowers the risk

Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 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
10545022 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
3 Jan 2017 (10 years)
Registered address
EC1V 2NX LONDON
Postcode area
London East Central
Activity
47710 Retail sale of clothing in specialised stores
Industry
Retail trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202415 Oct 2024– –−£10k£2,369 £1,999–2
31 Jan 202315 Nov 2023– –−£12k£61 £0–2
31 Jan 202215 Oct 2022– –£11k£11k £0–1
31 Jan 202115 Sep 2021– –£328£228 £0–0
31 Jan 202015 Jan 2021– –£1,629£1,529 £0–0

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

Similar companies in London East Central

Questions about STEP & PRAISE LTD.

What is the company number of STEP & PRAISE LTD.?

STEP & PRAISE LTD. is registered under company number 10545022 in the official register of United Kingdom. View it at the official register.

Is STEP & PRAISE LTD. still active?

Yes. STEP & PRAISE LTD. is registered as active (status: Active - Proposal to Strike off).

Has STEP & PRAISE LTD. gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for STEP & PRAISE LTD. in the official data.

How likely is STEP & PRAISE LTD. to become insolvent?

Our model estimates a 0.01 % probability that STEP & PRAISE LTD. becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was STEP & PRAISE LTD. founded?

STEP & PRAISE LTD. was incorporated on 3 Jan 2017.

Where is STEP & PRAISE LTD. registered?

STEP & PRAISE LTD.'s registered address is in EC1V 2NX LONDON (London East Central), United Kingdom.

What do the latest accounts of STEP & PRAISE LTD. show?

The latest published accounts (period ending 31 Jan 2024) show equity of −£10k, total assets of £2,369, 2 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.