PRACTICAL BUILDING SOLUTIONS LTD

Company number 15494984 · Active

PRACTICAL BUILDING SOLUTIONS LTD is a private limited company registered in MANSFIELD, United Kingdom, incorporated on 16 Feb 2024. Its registered activity is joinery installation. Its latest published accounts for the period ending 28 Feb 2025 show equity of £437, total assets of £15k. It has filed 1 set of accounts, 1 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

Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Current liabilities ÷ assets2.2×0.961567–2.20344 · 0.26 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Accounts overdue0.8×0 · 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
15494984 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
16 Feb 2024 (3 years)
Registered address
NG18 2QN MANSFIELD
Postcode area
Nottingham
Activity
43320 Joinery installation
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
28 Feb 202515 Aug 2026– –£437£15k £15k£6,0522

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

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Questions about PRACTICAL BUILDING SOLUTIONS LTD

What is the company number of PRACTICAL BUILDING SOLUTIONS LTD?

PRACTICAL BUILDING SOLUTIONS LTD is registered under company number 15494984 in the official register of United Kingdom. View it at the official register.

Is PRACTICAL BUILDING SOLUTIONS LTD still active?

Yes. PRACTICAL BUILDING SOLUTIONS LTD is registered as active (status: Active).

Has PRACTICAL BUILDING SOLUTIONS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PRACTICAL BUILDING SOLUTIONS LTD in the official data.

How likely is PRACTICAL BUILDING SOLUTIONS LTD to become insolvent?

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

When was PRACTICAL BUILDING SOLUTIONS LTD founded?

PRACTICAL BUILDING SOLUTIONS LTD was incorporated on 16 Feb 2024.

Where is PRACTICAL BUILDING SOLUTIONS LTD registered?

PRACTICAL BUILDING SOLUTIONS LTD's registered address is in NG18 2QN MANSFIELD (Nottingham), United Kingdom.

What do the latest accounts of PRACTICAL BUILDING SOLUTIONS LTD show?

The latest published accounts (period ending 28 Feb 2025) show equity of £437, total assets of £15k, 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.