PRACTICAL MINDS LIMITED

Company number 05903669 ·

Active

Net assets, total assets & total liabilities 2013 – 2025

  • Total assets
  • Net assets
  • Total liabilities
-£1.5m -£1m -£500k £0 £500k £1m £1.5m £2m 2013 2014 2015 2016 2017 2018 2022 2023 2024 2025 Total assets 2013: £213,540 Total assets 2014: £417,207 Total assets 2015: £654,986 Total assets 2016: £1,043,117 Total assets 2017: £934,706 Total assets 2018: £732,041 Total assets 2022: £1,399,334 Total assets 2023: £1,701,634 Total assets 2024: £1,329,451 Total assets 2025: £1,561,604 Total assets Net assets 2013: £45,468 Net assets 2017: £349,204 Net assets 2018: £237,548 Net assets 2022: £801,126 Net assets 2023: £813,719 Net assets 2024: £715,847 Net assets 2025: £722,092 Net assets Total liabilities 2013: -£168,072 Total liabilities 2014: -£262,912 Total liabilities 2015: -£524,537 Total liabilities 2016: -£638,027 Total liabilities 2017: -£585,502 Total liabilities 2018: -£494,493 Total liabilities 2022: -£654,851 Total liabilities 2023: -£738,872 Total liabilities 2024: -£789,663 Total liabilities 2025: -£1,011,980 Total liabilities

Figures extracted from filed accounts. Hover a point for the exact value.

Employees 2024 – 2025

0 5 10 15 20 25 2024 2025 2024: 24 2025: 25

Average employees, from filed accounts. Hover a point for the exact figure.

Balance sheet by year 12 years

Latest accounts (2025-08-31): Audit exempt (accountant's report).

Year ending Total assets Total liabilities Net assets Cash Turnover Profit Employees
2025-08-31 £1,561,604 -£1,011,980 £722,092 £492,590 25
2024-08-31 £1,329,451 -£789,663 £715,847 £629,298 24
2023-08-31 £1,701,634 -£738,872 £813,719 £329,900
2022-08-31 £1,399,334 -£654,851 £801,126 £553,251
2018-08-31 £732,041 -£494,493 £237,548 £29,268
2017-08-31 £934,706 -£585,502 £349,204 £334,095
2016-08-31 £1,043,117 -£638,027 £221,658
2015-08-31 £654,986 -£524,537 £164,002
2014-08-31 £417,207 -£262,912 £33,770
2013-08-31 £213,540 -£168,072 £45,468 £636
2012-08-31 £422,796 -£274,504 £148,292 £169,708
2011-08-31 £199,231 -£175,307 £23,924 £46,088

Profit and employee figures are captured from accounts filed from August 2026 onwards, where the accounts disclose them.

Debt & working capital 2025-08-31

Bank borrowings & overdrafts
£30,000
Owed by customers
£935,339
Owed to suppliers
£259,936