PRACTICAL CARE LTD Financials
- Company number
- 02434254CopyCopy
- Industry
- Social work activities without accommodation for the elderly and disabled (88.10 - SIC 2007)
- Registered office
- C/O HURKAN SAYMAN & CO, 291 Green Lanes, London N13 4XS
- Incorporated
- 19/10/1989
Company snapshot
- Status
- Active
- Employees
- 26 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £800.18K
Total Assets
2023: £922.01K
Cash in Bank
2023: £566.49K
Total Liabilities
2023: £91.99K
Employees
2023: 24
In 2024, PRACTICAL CARE LTD reported net assets of £435.75K. The same filing shows total assets of £510.69K, cash in bank of £223.10K and total liabilities of £50.50K. Reported headcount was 26 in 2024. Total Assets fell from £922.01K in 2023 to £510.69K in 2024 (-44.61%). Okredo holds filed figures for 2021–2024; 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
Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PRACTICAL CARE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-27.1% a year compound (CAGR)
Cash in Bank
-46.9% a year compound (CAGR)
Total Assets
-26% a year compound (CAGR)
Total Liabilities
-26.8% a year compound (CAGR)
Employees
Biggest increase
Employees+8.3%
24 in 2022 to 26 in 2024
Biggest decrease
Cash in Bank-71.8%
£792.05K in 2022 to £223.10K in 2024
PRACTICAL CARE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PRACTICAL CARE LTD'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
- 85.33%2024
- 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
- 9.89%2024
- 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.
- Cash to liabilities
- 441.81%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 43.69%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PRACTICAL CARE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 617.85K | 820.73K | 800.18K | 435.75K |
| Total Assets£ | 716.72K | 932.18K | 922.01K | 510.69K |
| Cash in Bank£ | 463.45K | 792.05K | 566.49K | 223.10K |
| Total Liabilities£ | 87.50K | 94.30K | 91.99K | 50.50K |
| Employees | 30 | 24 | 24 | 26 |
PRACTICAL CARE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRACTICAL CARE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PRACTICAL CARE LTD reported net assets of £435.75K for 2024. That compares with £800.18K in 2023, a change of -45.54%.
PRACTICAL CARE LTD reported total assets of £510.69K for 2024. That compares with £922.01K in 2023, a change of -44.61%.
PRACTICAL CARE LTD reported cash in bank of £223.10K for 2024. That compares with £566.49K in 2023, a change of -60.62%.
PRACTICAL CARE LTD reported 26 employees in 2024, compared with 24 in 2023.
Between 2022 and 2024, PRACTICAL CARE LTD's net assets fell by 46.9%, cash in bank fell by 71.8%, total assets fell by 45.2% and total liabilities fell by 46.4%. Net assets contracted at 27.1% a year across the two years to 2024, from £820.73K to £435.75K. Reported headcount went from 24 in 2022 to 26 in 2024 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.