Company Overview
The Insolvency Practice Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 22 November 2017, so this is a well established company. The Insolvency Practice Limited has been in business for 8 years and 4 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Crescent House, Lever Street, Bolton, BL3 6NN
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Companies House Data
Company NameTHE INSOLVENCY PRACTICE LIMITED
Company Number11077433
Registered Office AddressCrescent House
 Lever Street
 BL3 6NN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date22/11/2017
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date20/12/2018
Previous Company NameChanged Date
INSOLVENCY PRACTICE LIMITED24 Nov 2017
Directors & Members
Show Resigned
Mohammed Ahmed - Director
(British, 25 years old, born December 2001)
Appointed 01 January 2025
 Active
Zubeir Patel - Director
(British, 50 years old, born November 1976)
Appointed 01 October 2021
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Mohammed Ahmed
No companies found
Zubeir Patel
AMAAN HOLDINGS LIMITED
DEBT UMBRELLA LTD
MONEY ADVISOR LTD
NORWEB ENERGY LIMITED
POTENT SOLUTIONS LIMITED
THE ACCOUNTANCY CENTRE LTD
THE INSOLVENCY GROUP LTD
TIP2 LIMITED
ZCO LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 656,083 656,083 663,324
Creditors Due Within One Year 345,849 345,849 346,211
Working Cap 310,234 310,234 317,113
Total Assets Less Current Liabilities 310,234 310,234 317,113
Long-term Liabilities 17,859 17,859 0
Net Assets 292,375 292,375 317,113
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 292,375 292,375 317,113
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - 94.8%
Cash Bank In Hand 0.2% 0.2% 5.2%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 52.7% 52.7% 52.2%
Net Current Assets Liabilities 47.3% 47.3% 47.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 44.6% 44.6% 47.8%
Capital Employed - - -
Total Assets Less Current Liabilities 47.3% 47.3% 47.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.9 1.9 1.9
Solvency Ratio 1.8 1.8 1.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Assets 656,083 656,083 663,324
Debt 363,708 363,708 346,211
Net Assets/Debt 292,375 292,375 317,113

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around BL3 6NN
CROOMBSGRANT LTD
The Little John, 184 Lever Street, Bolton, BL3 6NN
CRESCENT GROUP LIMITED
CRESCENT HOUSE, LEVER STREET, BOLTON, BL3 6NN
Document Filings
Confirmation statement made on 17 February 2026 with no updates
Confirmation statement made on 17 February 2025 with no updates
Appointment of Mr Mohammed Amaan Ahmed as a director on 1 January 2025
Confirmation statement made on 17 February 2024 with no updates
Amended total exemption full accounts made up to 31 December 2020
Confirmation statement made on 17 February 2023 with no updates
Registered office address changed from 3rd Floor, Churchgate House Churchgate Bolton BL1 1HL United Kingdom to Crescent House Lever Street Bolton BL3 6NN on 11 March 2022
Confirmation statement made on 17 February 2022 with no updates
Compulsory strike-off action has been discontinued
Confirmation statement made on 11 March 2021 with no updates
Termination of appointment of Ali Ahmed Afzal as a director on 1 October 2021
Appointment of Mr Zubeir Ahmed Moosa Issa Patel as a director on 1 October 2021
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Change of details for Amaan Holdings Limited as a person with significant control on 28 May 2021
Cessation of Zubeir Ahmed Moosa Issa Patel as a person with significant control on 17 February 2018
Notification of Amaan Holdings Limited as a person with significant control on 17 February 2018
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