PRACTICAL PETERBOROUGH LIMITED

Company number 12164322 · Active (Active - Proposal to Strike off)

PRACTICAL PETERBOROUGH LIMITED is a private limited company registered in LUTON, United Kingdom, incorporated on 19 Aug 2019. Its registered activity is renting and leasing of cars and light motor vehicles. Its latest published accounts for the period ending 31 Aug 2020 show equity of £996, total assets of £40k. It has filed 1 set of accounts. 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 81 % 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
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Region0.2×LU · 0.02 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Late filings0.8×0–1 · 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
12164322 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
19 Aug 2019 (7 years)
Registered address
LU1 5BJ LUTON
Postcode area
Luton
Activity
77110 Renting and leasing of cars and light motor vehicles
Industry
Rental and leasing activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Aug 202015 May 2021– –£996£40k £31k–1

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

Similar companies in Luton

Questions about PRACTICAL PETERBOROUGH LIMITED

What is the company number of PRACTICAL PETERBOROUGH LIMITED?

PRACTICAL PETERBOROUGH LIMITED is registered under company number 12164322 in the official register of United Kingdom. View it at the official register.

Is PRACTICAL PETERBOROUGH LIMITED still active?

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

Has PRACTICAL PETERBOROUGH LIMITED gone bankrupt or into insolvency?

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

How likely is PRACTICAL PETERBOROUGH LIMITED to become insolvent?

Our model estimates a 0.01 % probability that PRACTICAL PETERBOROUGH LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 81 % of active companies in the United Kingdom.

When was PRACTICAL PETERBOROUGH LIMITED founded?

PRACTICAL PETERBOROUGH LIMITED was incorporated on 19 Aug 2019.

Where is PRACTICAL PETERBOROUGH LIMITED registered?

PRACTICAL PETERBOROUGH LIMITED's registered address is in LU1 5BJ LUTON (Luton), United Kingdom.

What do the latest accounts of PRACTICAL PETERBOROUGH LIMITED show?

The latest published accounts (period ending 31 Aug 2020) show equity of £996, total assets of £40k, 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.