BEST PRACTICE (MIDLANDS) LIMITED Financials
- Company number
- 07098685CopyCopy
- Registered office
- Suite 4b Maybrook House, Queensway, Halesowen B63 4AH
- Incorporated
- 08/12/2009
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-97.66%vs 20242024: £10.32K
Total Assets
-8.58%vs 20242024: £69.81K
Total Liabilities
6.86%vs 20242024: £59.50K
Employees
0vs 20242024: 12
In 2025, BEST PRACTICE (MIDLANDS) LIMITED reported net assets of £241.00. The same filing shows total assets of £63.82K and total liabilities of £63.58K. Reported headcount was 12 in 2025. Net Assets fell from £10.32K in 2024 to £241.00 in 2025 (-97.66%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-97.66%from £10.32K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures BEST PRACTICE (MIDLANDS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-83.4%vs 2023-59.2% a year compound (CAGR)
Total Assets
+41.3%vs 2023+18.9% a year compound (CAGR)
Total Liabilities
+45.5%vs 2023+20.6% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+45.5%
£43.71K in 2023 to £63.58K in 2025
Biggest decrease
Net Assets-83.4%
£1.45K in 2023 to £241.00 in 2025
BEST PRACTICE (MIDLANDS) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BEST PRACTICE (MIDLANDS) LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 0.38%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 99.62%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BEST PRACTICE (MIDLANDS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.74K | 3.38K | 1.45K | 10.32K | 241.00 |
| Total Assets£ | 83.59K | 66.68K | 45.16K | 69.81K | 63.82K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 81.84K | 63.30K | 43.71K | 59.50K | 63.58K |
| Employees | 13 | 13 | 12 | 12 | 12 |
BEST PRACTICE (MIDLANDS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BEST PRACTICE (MIDLANDS) LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
BEST PRACTICE (MIDLANDS) LIMITED reported net assets of £241.00 for 2025. That compares with £10.32K in 2024, a change of -97.66%.
BEST PRACTICE (MIDLANDS) LIMITED reported total assets of £63.82K for 2025. That compares with £69.81K in 2024, a change of -8.58%.
BEST PRACTICE (MIDLANDS) LIMITED reported total liabilities of £63.58K for 2025. That compares with £59.50K in 2024, a change of 6.86%.
BEST PRACTICE (MIDLANDS) LIMITED reported 12 employees in 2025, compared with 12 in 2024.
Between 2023 and 2025, BEST PRACTICE (MIDLANDS) LIMITED's net assets fell by 83.4%, total assets rose by 41.3%, total liabilities rose by 45.5% and employee numbers was unchanged. Net assets contracted at 59.2% a year across the two years to 2025, from £1.45K to £241.00. Reported headcount went from 12 in 2023 to 12 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.