practiq consulting ltd
practiq consulting ltd Company Information
Company Number
07105755
Website
https://www.practiq.netRegistered Address
7 st petersgate, stockport, SK1 1EB
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
August 2024
Group Structure
View All
Shareholders
mrs wendy jacqueline barnes 50%
mr john anthony barnes 50%
practiq consulting ltd Estimated Valuation
Pomanda estimates the enterprise value of PRACTIQ CONSULTING LTD at £110.5k based on a Turnover of £279k and 0.4x industry multiple (adjusted for size and gross margin).
practiq consulting ltd Estimated Valuation
Pomanda estimates the enterprise value of PRACTIQ CONSULTING LTD at £0 based on an EBITDA of £-4.1k and a 3.1x industry multiple (adjusted for size and gross margin).
practiq consulting ltd Estimated Valuation
Pomanda estimates the enterprise value of PRACTIQ CONSULTING LTD at £308.2k based on Net Assets of £135.9k and 2.27x industry multiple (adjusted for liquidity).
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Practiq Consulting Ltd Overview
Practiq Consulting Ltd is a live company located in stockport, SK1 1EB with a Companies House number of 07105755. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2009, it's largest shareholder is mrs wendy jacqueline barnes with a 50% stake. Practiq Consulting Ltd is a established, micro sized company, Pomanda has estimated its turnover at £279k with declining growth in recent years.
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Practiq Consulting Ltd Health Check
Pomanda's financial health check has awarded Practiq Consulting Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £276k, make it smaller than the average company (£2.9m)
- Practiq Consulting Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (2.3%)
- Practiq Consulting Ltd
2.3% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (38.5%)
- Practiq Consulting Ltd
38.5% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (6.6%)
- Practiq Consulting Ltd
6.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (21)
2 - Practiq Consulting Ltd
21 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Practiq Consulting Ltd
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £138k, this is equally as efficient (£136.3k)
- Practiq Consulting Ltd
£136.3k - Industry AVG
Debtor Days
it gets paid by customers after 176 days, this is later than average (43 days)
- Practiq Consulting Ltd
43 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (35 days)
- Practiq Consulting Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Practiq Consulting Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Practiq Consulting Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.4%, this is a lower level of debt than the average (62.9%)
2.4% - Practiq Consulting Ltd
62.9% - Industry AVG
PRACTIQ CONSULTING LTD financials
Practiq Consulting Ltd's latest turnover from November 2022 is estimated at £279 thousand and the company has net assets of £135.9 thousand. According to their latest financial statements, Practiq Consulting Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,385 | 4,649 | 3,599 | 5,498 | 6,987 | 7,107 | 9,749 | 1,776 | 2,154 | 2,398 | 3,416 | 3,222 | 1,946 | 752 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,385 | 4,649 | 3,599 | 5,498 | 6,987 | 7,107 | 9,749 | 1,776 | 2,154 | 2,398 | 3,416 | 3,222 | 1,946 | 752 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 135,039 | 133,597 | 139,057 | 145,988 | 150,092 | 159,455 | 162,459 | 140,372 | 2,953 | 1,598 | 2,430 | 30,556 | 9,417 | 22,997 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 390 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163,060 | 36,699 | 11,778 | 55,857 | 97,379 | 36,548 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 278 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 135,039 | 133,597 | 139,057 | 146,378 | 150,092 | 159,455 | 162,485 | 140,650 | 166,013 | 38,297 | 14,208 | 86,413 | 106,796 | 59,545 |
| total assets | 139,424 | 138,246 | 142,656 | 151,876 | 157,079 | 166,562 | 172,234 | 142,426 | 168,167 | 40,695 | 17,624 | 89,635 | 108,742 | 60,297 |
| Bank overdraft | 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 |
| Trade Creditors | 3,518 | 3,219 | 2,621 | 1,390 | 334 | 2,136 | 5,932 | 4,915 | 37,587 | 4,053 | 2,653 | 10,397 | 16,786 | 16,346 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 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 |
| total current liabilities | 3,518 | 3,219 | 2,621 | 1,390 | 334 | 2,136 | 5,932 | 4,915 | 37,587 | 4,053 | 2,653 | 10,397 | 16,786 | 16,346 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 50 | 50 | 211 | 1,446 | 624 | 560 | 312 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 1,876 | 355 | 0 | 0 | 0 | 0 | 394 | 158 |
| total long term liabilities | 0 | 50 | 50 | 211 | 1,446 | 624 | 2,436 | 667 | 0 | 0 | 0 | 0 | 394 | 158 |
| total liabilities | 3,518 | 3,269 | 2,671 | 1,601 | 1,780 | 2,760 | 8,368 | 5,582 | 37,587 | 4,053 | 2,653 | 10,397 | 17,180 | 16,504 |
| net assets | 135,906 | 134,977 | 139,985 | 150,275 | 155,299 | 163,802 | 163,866 | 136,844 | 130,580 | 36,642 | 14,971 | 79,238 | 91,562 | 43,793 |
| total shareholders funds | 135,906 | 134,977 | 139,985 | 150,275 | 155,299 | 163,802 | 163,866 | 136,844 | 130,580 | 36,642 | 14,971 | 79,238 | 91,562 | 43,793 |
| Nov 2022 | Sep 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,386 | 1,344 | 1,279 | 984 | 533 | 188 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,018 | -5,460 | -7,321 | -3,714 | -9,363 | -3,004 | 22,087 | 137,419 | 1,355 | -832 | -28,126 | 21,139 | -13,580 | 22,997 |
| Creditors | 897 | 598 | 1,231 | 1,056 | -1,802 | -3,796 | 1,017 | -32,672 | 33,534 | 1,400 | -7,744 | -6,389 | 440 | 16,346 |
| Accruals and Deferred Income | -50 | 0 | -161 | -1,235 | 822 | 64 | 248 | 312 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -1,876 | 1,521 | 355 | 0 | 0 | 0 | -394 | 236 | 158 |
| 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 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -163,060 | 126,361 | 24,921 | -44,079 | -41,522 | 60,831 | 36,548 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -163,060 | 126,361 | 24,921 | -44,079 | -41,522 | 60,831 | 36,548 |
practiq consulting ltd Credit Report and Business Information
Practiq Consulting Ltd Competitor Analysis
Perform a competitor analysis for practiq consulting ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
practiq consulting ltd Ownership
PRACTIQ CONSULTING LTD group structure
Practiq Consulting Ltd has no subsidiary companies.
Ultimate parent company
PRACTIQ CONSULTING LTD
07105755
practiq consulting ltd directors
Practiq Consulting Ltd currently has 2 directors. The longest serving directors include Mr John Barnes (Dec 2009) and Mrs Wendy Barnes (Oct 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Barnes | 69 years | Dec 2009 | - | Director | |
| Mrs Wendy Barnes | England | 67 years | Oct 2013 | - | Director |
P&L
November 2022turnover
279k
-1%
operating profit
-4.1k
0%
gross margin
17.6%
+11.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
135.9k
-0.03%
total assets
139.4k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
practiq consulting ltd company details
company number
07105755
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2009
age
15
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
7 st petersgate, stockport, SK1 1EB
last accounts submitted
November 2022
practiq consulting ltd 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 practiq consulting ltd.
practiq consulting ltd Companies House Filings - See Documents
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