Company Overview
Phracta Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 06 August 2019. Phracta Limited has been in business for 6 years and 7 months. The accounts status is micro entity and the accounts are next due on Sunday 31 May 2026.
Registered Address

35 Lowlands 2-8 Eton Avenue, London, NW3 3EJ
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Companies House Data
Company NamePHRACTA LIMITED
Company Number12142113
Registered Office Address35 Lowlands 2-8 Eton Avenue
 NW3 3EJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date06/08/2019
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date03/09/2020
Directors & Members
Show Resigned
Ian Penman - Director
(British, 64 years old, born April 1962)
Appointed 06 August 2019
Active
Andy Zmolek - Director
(American, 56 years old, born November 1970)
Appointed 07 May 2020
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 9,247 9,247 2,103
Current Assets 8,228 8,228 8,228
Creditors Due Within One Year 223 223 4,656
Working Cap 8,005 8,005 3,572
Total Assets Less Current Liabilities 17,252 17,252 5,675
Long-term Liabilities 11,800 11,800 0
Net Assets 5,452 5,452 5,675
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 5,452 5,452 5,675
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 52.9% 52.9% 20.4%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 47.1% 47.1% 79.6%
Creditors Due Within One Year 1.3% 1.3% 45.1%
Net Current Assets Liabilities 45.8% 45.8% 34.6%
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 31.2% 31.2% 54.9%
Capital Employed - - -
Total Assets Less Current Liabilities 98.7% 98.7% 54.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 36.9 36.9 1.8
Solvency Ratio 1.5 1.5 2.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 17,475 17,475 10,331
Debt 12,023 12,023 4,656
Net Assets/Debt 5,452 5,452 5,675

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. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   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. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

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
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Document Filings
Confirmation statement made on 15 May 2025 with no updates
Confirmation statement made on 15 May 2024 with updates
Confirmation statement made on 15 May 2023 with no updates
Termination of appointment of Christopher Keller as a director on 16 May 2023
Director's details changed for Mr Ian Robert Penman on 15 May 2023
Director's details changed for Mr Andy Zmolek on 10 May 2023
Registered office address changed from 208 Regents Park Road Flat 12 London NW1 8AT England to 35 Lowlands 2-8 Eton Avenue London NW3 3EJ on 17 October 2022
Confirmation statement made on 15 May 2022 with no updates
Registered office address changed from 24 Hanover Square London W1S 1JD England to 208 Regents Park Road Flat 12 London NW1 8AT on 17 May 2022
Confirmation statement made on 15 May 2021 with no updates
Confirmation statement made on 15 May 2020 with updates
Notification of Andy Zmolek as a person with significant control on 7 May 2020
Change of details for Matthias Roder as a person with significant control on 7 May 2020
Appointment of Mr Andy Zmolek as a director on 7 May 2020
Termination of appointment of Erem Kassim-Lakha as a director on 7 May 2020
Termination of appointment of Elizabeth Anne Golden Coffey as a director on 7 May 2020
Statement of capital following an allotment of shares on 7 May 2020
Registered office address changed from Rose Cottage Morleys Road Weald Sevenoaks TN14 6QU United Kingdom to 24 Hanover Square London W1S 1JD on 7 August 2019
Incorporation

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