IN PRACTICE SYSTEMS LIMITED
Companies House 01788577 · In Administration
No filed accounts are available for this company yet, so the net-worth overlay is not shown. Public money received is still listed above.
Who ranks ahead of the taxpayer
Secured creditors are paid before unsecured creditors (where a general government claim usually sits) in an insolvency.
- John Donaghyoutstanding£41,500created 2002-09-30
- Intermediate Capital Group Limited ("Icg")fully-satisfiedcreated 1991-04-03
- Intermediate Capital Group Limitedfully-satisfiedcreated 1990-09-18
- The Royal Bank of Scotland PLCfully-satisfiedcreated 1990-04-24
- Williams & Glyn's Bank Limitedfully-satisfiedcreated 1985-01-10
How to read this. Public money is money actually paid (central-gov spend over £25k plus council payments over £500 for loaded councils); contract values are amounts awarded, not paid, and are never summed with spend. Shareholder funds and other figures are as filed at Companies House. “Estimated value out” is profit for the period minus the rise in net worth: a neutral indicator that value left the company (dividends, drawings, directors’ loans), not evidence of wrongdoing.
Identity is a confidence-tiered match of a supplier name to a Companies House company, not a verified filing link. The same name can cover more than one legal entity. Absence of a figure is not absence of activity.
These public records appear together. Co-occurrence is not evidence of any wrongdoing; most have entirely legitimate explanations.