PRAISE SPACE LTD

Company number 16176189 · Active

PRAISE SPACE LTD is a private limited company registered in SEVENOAKS, United Kingdom, incorporated on 10 Jan 2025. Its registered activity is buying and selling of own real estate. Its latest published accounts for the period ending 31 Jan 2026 show equity of −£49k, total assets of £550k. It has filed 1 set 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 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets4.9×< 0.00304687 · 0.57 % became insolvent
Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Industry0.3×68 · 0.04 % became insolvent
Region0.4×TN · 0.04 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Late filings0.8×0–1 · 0.09 % 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
16176189 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
10 Jan 2025 (2 years)
Registered address
TN15 6QD SEVENOAKS
Postcode area
Tonbridge
Activity
68100 Buying and selling of own real estate
Industry
Real estate activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 20268 Oct 2026– –−£49k£550k –£5121

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

Similar companies in Tonbridge

Questions about PRAISE SPACE LTD

What is the company number of PRAISE SPACE LTD?

PRAISE SPACE LTD is registered under company number 16176189 in the official register of United Kingdom. View it at the official register.

Is PRAISE SPACE LTD still active?

Yes. PRAISE SPACE LTD is registered as active (status: Active).

Has PRAISE SPACE LTD gone bankrupt or into insolvency?

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

How likely is PRAISE SPACE LTD to become insolvent?

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

When was PRAISE SPACE LTD founded?

PRAISE SPACE LTD was incorporated on 10 Jan 2025.

Where is PRAISE SPACE LTD registered?

PRAISE SPACE LTD's registered address is in TN15 6QD SEVENOAKS (Tonbridge), United Kingdom.

What do the latest accounts of PRAISE SPACE LTD show?

The latest published accounts (period ending 31 Jan 2026) show equity of −£49k, total assets of £550k, 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.