PRACTICAL FLOORING CONTRACTS LTD Financials
- Company number
- 06977208CopyCopy
- Registered office
- 22-24 Beech Drive, Dunston, Gateshead, Tyne & Wear NE11 9PD
- Incorporated
- 30/07/2009
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-985.12%vs 20242024: £1.47K
Total Assets
-25.48%vs 20242024: £65.75K
Cash in Bank
-85.22%vs 20232023: £31.52K
Total Liabilities
83.64%vs 20242024: £33.74K
Employees
-1vs 20242024: 5
In 2025, PRACTICAL FLOORING CONTRACTS LTD reported net assets of £-12.97K. The same filing shows total assets of £48.99K, cash in bank of £4.66K and total liabilities of £61.96K. Reported headcount was 4 in 2025. Total Liabilities rose from £33.74K in 2024 to £61.96K in 2025 (83.64%). 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
-985.12%from £1.47K 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 PRACTICAL FLOORING CONTRACTS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-516%vs 2023Total Assets
-54.8%vs 2023-32.8% a year compound (CAGR)
Total Liabilities
-9.7%vs 2023-4.9% a year compound (CAGR)
Employees
-20%vs 2023-1Biggest decrease
Net Assets-516%
£3.12K in 2023 to £-12.97K in 2025
Every indicator Okredo holds for PRACTICAL FLOORING CONTRACTS LTD fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PRACTICAL FLOORING CONTRACTS 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
- -26.47%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
- 126.47%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.
- Cash to liabilities
- 13.81%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
- 7.09%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 FLOORING CONTRACTS LTD 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£ | 1.16K | -6.79K | 3.12K | 1.47K | -12.97K |
| Total Assets£ | 64.34K | 46.35K | 108.45K | 65.75K | 48.99K |
| Cash in Bank£ | 1.22K | 26.34K | 31.52K | 4.66K | – |
| Total Liabilities£ | 58.60K | 49.70K | 68.58K | 33.74K | 61.96K |
| Employees | 5 | 5 | 5 | 5 | 4 |
PRACTICAL FLOORING CONTRACTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRACTICAL FLOORING CONTRACTS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PRACTICAL FLOORING CONTRACTS LTD reported net assets of £-12.97K for 2025. That compares with £1.47K in 2024, a change of -985.12%.
PRACTICAL FLOORING CONTRACTS LTD reported total assets of £48.99K for 2025. That compares with £65.75K in 2024, a change of -25.48%.
PRACTICAL FLOORING CONTRACTS LTD reported cash in bank of £4.66K for 2024. That compares with £31.52K in 2023, a change of -85.22%.
PRACTICAL FLOORING CONTRACTS LTD reported 4 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, PRACTICAL FLOORING CONTRACTS LTD's net assets fell by 516%, total assets fell by 54.8%, total liabilities fell by 9.7% and employee numbers fell by 20%. Total assets contracted at 32.8% a year across the two years to 2025, from £108.45K to £48.99K. Reported headcount went from 5 in 2023 to 4 in 2025 (-1).
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.