practicelevel limited
practicelevel limited Company Information
Company Number
02371739
Website
-Registered Address
c/0 freedman frankl & taylor, reedham house, 31 king street west, manchester, M3 2PJ
Industry
Architectural activities
Telephone
-
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
mr peter donnelly 99%
mrs ann donnelly 1%
practicelevel limited Estimated Valuation
Pomanda estimates the enterprise value of PRACTICELEVEL LIMITED at £34k based on a Turnover of £71.4k and 0.48x industry multiple (adjusted for size and gross margin).
practicelevel limited Estimated Valuation
Pomanda estimates the enterprise value of PRACTICELEVEL LIMITED at £0 based on an EBITDA of £-18.5k and a 4.8x industry multiple (adjusted for size and gross margin).
practicelevel limited Estimated Valuation
Pomanda estimates the enterprise value of PRACTICELEVEL LIMITED at £0 based on Net Assets of £-51.6k and 0.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Practicelevel Limited Overview
Practicelevel Limited is a live company located in 31 king street west, M3 2PJ with a Companies House number of 02371739. It operates in the architectural activities sector, SIC Code 71111. Founded in April 1989, it's largest shareholder is mr peter donnelly with a 99% stake. Practicelevel Limited is a mature, micro sized company, Pomanda has estimated its turnover at £71.4k with declining growth in recent years.
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Practicelevel Limited Health Check
Pomanda's financial health check has awarded Practicelevel Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £71.4k, make it smaller than the average company (£527.7k)
- Practicelevel Limited
£527.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4.3%)
- Practicelevel Limited
4.3% - Industry AVG
Production
with a gross margin of 36.2%, this company has a higher cost of product (48.3%)
- Practicelevel Limited
48.3% - Industry AVG
Profitability
an operating margin of -25.9% make it less profitable than the average company (10.5%)
- Practicelevel Limited
10.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Practicelevel Limited
7 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Practicelevel Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £35.7k, this is less efficient (£83k)
- Practicelevel Limited
£83k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (81 days)
- Practicelevel Limited
81 days - Industry AVG
Creditor Days
its suppliers are paid after 355 days, this is slower than average (23 days)
- Practicelevel Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Practicelevel Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Practicelevel Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1161.4%, this is a higher level of debt than the average (47.9%)
1161.4% - Practicelevel Limited
47.9% - Industry AVG
PRACTICELEVEL LIMITED financials
Practicelevel Limited's latest turnover from February 2024 is estimated at £71.4 thousand and the company has net assets of -£51.6 thousand. According to their latest financial statements, Practicelevel Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 567 | 667 | 784 | 1,126 | 1,577 | 2,093 | 2,220 | 2,235 | 2,270 | 2,532 | 3,930 | 4,854 | 1,688 | 1,933 | 1,797 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 567 | 667 | 784 | 1,126 | 1,577 | 2,093 | 2,220 | 2,235 | 2,270 | 2,532 | 3,930 | 4,854 | 1,688 | 1,933 | 1,797 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,296 | 5,376 | 21,649 | 49,527 | 41,039 | 22,082 | 29,807 | 19,148 | 18,760 | 8,565 | 7,588 | 250 | 2,570 | 46,710 | 17,686 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,854 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,998 | 6,227 | 4,107 | 5,649 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,296 | 5,376 | 21,649 | 49,527 | 41,039 | 22,082 | 29,807 | 19,148 | 18,760 | 8,565 | 7,588 | 7,248 | 8,797 | 50,817 | 53,189 |
| total assets | 4,863 | 6,043 | 22,433 | 50,653 | 42,616 | 24,175 | 32,027 | 21,383 | 21,030 | 11,097 | 11,518 | 12,102 | 10,485 | 52,750 | 54,986 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 44,403 | 23,332 | 20,719 | 27,069 | 42,444 | 23,680 | 29,694 | 20,576 | 20,255 | 16,890 | 16,323 | 16,905 | 9,546 | 40,262 | 37,688 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 44,403 | 23,332 | 20,719 | 27,069 | 42,444 | 23,680 | 29,694 | 20,576 | 20,255 | 16,890 | 16,323 | 16,905 | 9,546 | 40,262 | 37,688 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 12,078 | 15,816 | 18,333 | 23,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,163 | 16,785 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 454 | 506 | 786 | 1,019 | 155 | 127 | 65 |
| total long term liabilities | 12,078 | 15,816 | 18,333 | 23,333 | 0 | 0 | 0 | 0 | 454 | 506 | 786 | 1,019 | 155 | 12,290 | 16,850 |
| total liabilities | 56,481 | 39,148 | 39,052 | 50,402 | 42,444 | 23,680 | 29,694 | 20,576 | 20,709 | 17,396 | 17,109 | 17,924 | 9,701 | 52,552 | 54,538 |
| net assets | -51,618 | -33,105 | -16,619 | 251 | 172 | 495 | 2,333 | 807 | 321 | -6,299 | -5,591 | -5,822 | 784 | 198 | 448 |
| total shareholders funds | -51,618 | -33,105 | -16,619 | 251 | 172 | 495 | 2,333 | 807 | 321 | -6,299 | -5,591 | -5,822 | 784 | 198 | 448 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,538 | 395 | 692 | 1,428 | |||||||||||
| Amortisation | 0 | 0 | 0 | 0 | |||||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,080 | -16,273 | -27,878 | 8,488 | 18,957 | -7,725 | 10,659 | 388 | 10,195 | 977 | 7,338 | -2,320 | -44,140 | -830 | 47,540 |
| Creditors | 21,071 | 2,613 | -6,350 | -15,375 | 18,764 | -6,014 | 9,118 | 321 | 3,365 | 567 | -582 | 7,359 | -30,716 | 2,574 | 37,688 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -454 | -52 | -280 | -233 | 864 | 28 | 62 | 65 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,738 | -2,517 | -5,000 | 23,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,163 | -4,622 | 16,785 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,998 | 771 | 2,120 | -1,542 | 5,649 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,998 | 771 | 2,120 | -1,542 | 5,649 |
practicelevel limited Credit Report and Business Information
Practicelevel Limited Competitor Analysis
Perform a competitor analysis for practicelevel limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M 3 area or any other competitors across 12 key performance metrics.
practicelevel limited Ownership
PRACTICELEVEL LIMITED group structure
Practicelevel Limited has no subsidiary companies.
Ultimate parent company
PRACTICELEVEL LIMITED
02371739
practicelevel limited directors
Practicelevel Limited currently has 2 directors. The longest serving directors include Ms Ann Donnelly (Apr 1991) and Mr Peter Donnelly (Apr 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Ann Donnelly | 75 years | Apr 1991 | - | Director | |
| Mr Peter Donnelly | 66 years | Apr 1991 | - | Director |
P&L
February 2024turnover
71.4k
+27%
operating profit
-18.5k
0%
gross margin
36.3%
+2.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-51.6k
+0.56%
total assets
4.9k
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
practicelevel limited company details
company number
02371739
Type
Private limited with Share Capital
industry
71111 - Architectural activities
incorporation date
April 1989
age
35
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
February 2024
address
c/0 freedman frankl & taylor, reedham house, 31 king street west, manchester, M3 2PJ
accountant
-
auditor
-
practicelevel limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to practicelevel limited.
practicelevel limited Companies House Filings - See Documents
| date | description | view/download |
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