THE PRACTICE LOAN COMPANY PLC

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -20.6%

  £1,628,269 → £1,293,148

• Cash

  -17.8%

  £173,732 → £142,844

• Net assets

  +6.4%

  £317,658 → £337,999

• Employees

  0%

  3 → 3

• Operating profit

  -89.3%

  £311,780 → £33,418

• Profit before tax

  -90.8%

  £311,340 → £28,508

• Wages

  +54.1%

  £113,874 → £175,509

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Lindley & Co

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have continually reviewed the company's cash flow and results and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore believe that there is no reason to believe it is not appropriate for the company to continue to adopt the going concern basis in preparing it's financial statements.”

Significant events

• “The current economic environment is marked by a level of uncertainty, affecting businesses across various sectors. We remain vigilant in monitoring the situation and are committed to expanding our network of introducers, which is a critical area for our growth. We anticipate significant growth in our core area of business loans, and our expansion into all SME businesses is expected to generate additional revenue and contribute to our future growth. Additionally we are conscientious of our overhead costs and strive to reduce them whenever possible.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.