PRACTICAL NETWORKS LIMITED Financials
- Company number
- 04189188CopyCopy
- Registered office
- Medina House, 2 Station Avenue, Bridlington, East Yorkshire YO16 4LZ
- Incorporated
- 28/03/2001
Company snapshot
- Status
- Active
- Employees
- 13 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
49.27%vs 20252025: £293.18K
Total Assets
7.83%vs 20252025: £855.97K
Cash in Bank
37.54%vs 20252025: £391.83K
Total Liabilities
-13.76%vs 20252025: £562.79K
Employees
-1vs 20252025: 14
In 2026, PRACTICAL NETWORKS LIMITED reported net assets of £437.62K. The same filing shows total assets of £922.99K, cash in bank of £538.91K and total liabilities of £485.37K. Reported headcount was 13 in 2026. Cash in Bank rose from £391.83K in 2025 to £538.91K in 2026 (37.54%). Okredo holds filed figures for 2022–2026; 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
49.27%from £293.18K in 2025Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures PRACTICAL NETWORKS LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
-0.3%vs 2024-0.1% a year compound (CAGR)
Cash in Bank
+41.2%vs 2024+18.8% a year compound (CAGR)
Total Assets
-7.8%vs 2024-4% a year compound (CAGR)
Total Liabilities
-13.8%vs 2024-7.1% a year compound (CAGR)
Employees
-13.3%vs 2024-2Biggest increase
Cash in Bank+41.2%
£381.74K in 2024 to £538.91K in 2026
Biggest decrease
Total Liabilities-13.8%
£562.76K in 2024 to £485.37K in 2026
PRACTICAL NETWORKS LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PRACTICAL NETWORKS 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
- 47.41%2026
- 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
- 52.59%2026
- 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
- 111.03%2026
- 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
- 58.39%2026
- 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 NETWORKS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 467.59K | 478.46K | 438.72K | 293.18K | 437.62K |
| Total Assets£ | 869.72K | 925.54K | 1.00M | 855.97K | 922.99K |
| Cash in Bank£ | 370.85K | 449.60K | 381.74K | 391.83K | 538.91K |
| Total Liabilities£ | 402.13K | 447.07K | 562.76K | 562.79K | 485.37K |
| Employees | 15 | 15 | 15 | 14 | 13 |
PRACTICAL NETWORKS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRACTICAL NETWORKS LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
PRACTICAL NETWORKS LIMITED reported net assets of £437.62K for 2026. That compares with £293.18K in 2025, a change of 49.27%.
PRACTICAL NETWORKS LIMITED reported total assets of £922.99K for 2026. That compares with £855.97K in 2025, a change of 7.83%.
PRACTICAL NETWORKS LIMITED reported cash in bank of £538.91K for 2026. That compares with £391.83K in 2025, a change of 37.54%.
PRACTICAL NETWORKS LIMITED reported 13 employees in 2026, compared with 14 in 2025.
Between 2024 and 2026, PRACTICAL NETWORKS LIMITED's net assets fell by 0.3%, cash in bank rose by 41.2%, total assets fell by 7.8% and total liabilities fell by 13.8%. Net assets contracted at 0.1% a year across the two years to 2026, from £438.72K to £437.62K. Reported headcount went from 15 in 2024 to 13 in 2026 (-2).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.