Practical Minds Limited
Practical Minds Limited is an active company incorporated on 11 August 2006 with the registered office located in Derby, Leicestershire. Practical Minds Limited was registered 19 years ago.
Status
Active
Active since incorporation
Company No
05903669
Private limited company
Age
19 years
Incorporated 11 August 2006
Size
Small
Balance sheet is under £7.5M
Under 50 employees
Confirmation
Submitted
Dated 25 August 2025 (15 days ago)
Next confirmation dated 25 August 2026
Due by 8 September 2026 (12 months remaining)
Last change occurred 6 months ago
Accounts
Submitted
For period 1 Sep ⟶ 31 Aug 2024 (1 year)
Accounts type is Total Exemption Full
Next accounts for period 31 August 2025
Due by 31 May 2026 (8 months remaining)
Shareholders, PSCs & Group Structure
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Brands
Practical Minds is a design and manufacturing agency that focuses on retail and commercial interiors.
Financials
Net Assets, Total Assets & Total Liabilities (2015–2024)
Period Ended
31 Aug 2024
For period 31 Aug ⟶ 31 Aug 2024
Traded for 12 months
Cash in Bank
£629.3K
Increased by £299.4K (+91%)
Turnover
Unreported
Same as previous period
Employees
24
Decreased by 7 (-23%)
Total Assets
£1.6M
Decreased by £102.36K (-6%)
Total Liabilities
-£883.43K
Decreased by £4.49K (-1%)
Net Assets
£715.85K
Decreased by £97.87K (-12%)
Debt Ratio (%)
55%
Increased by 3.06% (+6%)
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Repayment History
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