PRAX INFOTECH LTD Credit Check Report

Company Overview

Prax Infotech Ltd is a Dissolved Private Limited Company.

Registered Address

Clements Court Unit 5, Clements Lane, Ilford, Essex, IG1 2QY

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Companies House Data

Company Name	PRAX INFOTECH LTD
Company Number	11078916
Registered Office Address	Clements Court Unit 5
	Clements Lane
	IG1 2QY
Company Category	Private Limited Company
Company Status	Dissolved
Country of Origin	United Kingdom
Incorporation Date	23/11/2017
Accounting Reference Date Day	30
Accounting Reference Date Month	11
Accounts Next Due Date	23/08/2019
Accounts Account Category	NO ACCOUNTS FILED
Returns Next Due Date	21/12/2018

Previous Company Name	Changed Date
PRAXIS IT SERVICES LTD	23 Jan 2018

Directors & Members

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	Ashok Duppati - Director (British, 46 years old, born October 1980) Appointed 22 January 2018, Resigned 31 August 2018	Resigned
	Amit Gandhi - Director (British, 45 years old, born September 1981) Appointed 10 February 2018, Resigned 31 July 2018	Resigned
	Nikhil Nakum - Director (British, 45 years old, born October 1981) Appointed 20 February 2018, Resigned 31 July 2018	Resigned
	Sankalp Singh - Director (British, 48 years old, born December 1978) Appointed 19 April 2018, Resigned 01 October 2018	Resigned
	Anil Suglani - Director (British, 30 years old, born January 1996) Appointed 23 November 2017, Resigned 31 August 2018	Resigned
	Maya Tharayil Karthikeyan - Director (British, 46 years old, born October 1980) Appointed 22 January 2018, Resigned 19 April 2018	Resigned

Secretaries

No Secretaries Appointed

Balance Sheet

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Common Size Financial Analysis

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Secured Creditors

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Public Record Information

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Exact Court Judgements

Period of Months	Last 12m	13-24m	25-36m	37-48m	49-60m	61-72m
Number of Exact CCJS	X	Y	Y	X	X	Y
Value of Exact CCJS	YXY	YK	S	S	X	KX

Supplier Credit Limits

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Date	Sector	Notified	Amount	Terms
XK-SXY	XKXYXK	SXSKXYXK	£X,000	XS XYSKS
SK-SYY	SKXYXKYKKY	KSXX KKXXYXS	£YY,000	YS XYSKS SK YXXSXS
YK-SXY	XKXYXYYK	SXSXYXK	£SX,000	XS XYSKS

Payment Records

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Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices	Paid Before 30 days due	Paid After 30 days due	Owing Before 30 days due	Owing after 30 days due
XYX	SX	K	YX	X

Company Valuation Analysis

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Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations		Valuation Measures
Estimated High Value	£XSI,000	Retained Profit	£YX,000
Estimated Mid Value	£YY,000	EBIT	£SY,000
Estimated Low Value	£X,000	EBITDA	£SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations		Valuation Measures
Estimated High Value	£XY,000	Total Assets	£XIX,000
Estimated Mid Value	£Y,000	Net Assets	£YX,000
Estimated Low Value	£S,000	Tangible Equity	£SX,000
The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist

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Business Growth	Please purchase a report to see true comments
EBITDA	Purchase a report to see true comments
Dividends	Please purchase a report to see true comments about this company
Retained Profits	Retained Profits for this company
Debt Interest	Debt Interest for this company
Cash Flow	Cash Flow for this company
CCJs	CCJs for this company
Age of Company	Age of Company for this company
Solvency	Solvency for this company
Secured Creditors	Secured Creditors for this company
Ownership	Ownership for this company

First Report Score: (0-10)

Financial Status Guide:

10			Very Strong
9			Strong
8			Very Good
7			Good
6			Above Average
5			Average
4			Below Average
3			Poor
2			Weak
1			Very Weak
0			Critical

Risk Score Trend

Risk Rating

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This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100)	X
Risk Band Description	XXMXMXMX SISX
Risk Assessment	Meeting of Creditors
Credit Rating	XSKX

Altman Z Score Credit Risk Rating

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There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score	X
Risk Band	XY
Risk Band Description	The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1	Low Risk	3.00 and above
2	Caution	2.63 - 2.99
3	Risk of Failure within 2 years	1.24 - 2.62
4	High Probability Failure	Below 1.24

Other Business around IG1 2QY

	FIRSTBASE IT LIMITED 5 CLEMENTS COURT, CLEMENTS LANE, ILFORD, ESSEX, IG1 2QY
	4 NURSING LTD 15 Clements Court, Clements Lane, Ilford, Essex, IG1 2QY
	FIRSTBASE (FUTURE MARKETING) LIMITED 5 CLEMENTS COURT, CLEMENTS LANE, ILFORD, ESSEX, IG1 2QY
	REDBRIDGE CARERS SUPPORT SERVICE 12 CLEMENTS COURT, CLEMENTS LANE, ILFORD, ESSEX, IG1 2QY
	CLEMENTS MANAGEMENT COMPANY LIMITED SUITE 2, TRINITY HOUSE 6 CLEMENTS COURT, CLEMENTS LANE, ILFORD, ESSEX, IG1 2QY
	BBL RAIL LTD Unit 15 Clements Court, Clements Lane, Ilford, IG1 2QY
	ADVANCED INSURANCE CENTRES LIMITED UNIT 4 CLEMENTS COURT, CLEMENTS LANE, ILFORD, ESSEX, IG1 2QY
	BBL SITE SERVICES LTD 15 Clements Court, Clements Lane, Ilford, IG1 2QY
	BBL OVERSEAS LTD 15 Clements Court, Clements Lane, Ilford, IG1 2QY
	ACTION FOR HUMANITY UK LIMITED 6 Trinity House, Clements Lane, Ilford, IG1 2QY

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