- Companies
- Machinery repair and installation
- Gillingham
- Practice Ventures (UK) Limited
Practice Ventures (UK) Limited
- Company number
- 03239714
- Incorporated
- 20 Aug 199630 years trading
- Registered office
- 8 Lavenda Close, Hempstead, Gillingham, ME7 3TB
- Nature of business
- Installation of industrial machinery and equipment
Practice Ventures (UK) Limited is a 30-year-old private limited company registered in Gillingham, company number 03239714, one of 44 machinery repair and installation companies in Gillingham. Its next accounts are due at Companies House on 31 May 2027, and the CT600 for the period to 31 August 2026 is due at HMRC on 31 August 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets up £88K (+38.4%) on the year before, to £318K.
- Net assets rose in 5 of 9 year-on-year comparisons on record.
- Current assets of £396K against £80K owed within a year: 4.9 times cover.
- 2 employees on average, down from 3 the year before.
- Balance sheets on record for 10 years, 2016 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 Aug 2025 | £318K | £396K | £80K | 2 | |
| 31 Aug 2024 | £230K | £269K | £42K | 3 | |
| 31 Aug 2023 | £247K | £284K | £40K | 3 | |
| 31 Aug 2022 | £213K | £241K | £32K | 3 | |
| 31 Aug 2021 | £172K | £214K | £49K | 3 | |
| 31 Aug 2020 | £113K | £178K | £72K | 3 | |
| 31 Aug 2019 | £110K | £146K | £45K | 3 | |
| 31 Aug 2018 | £112K | £149K | £45K | 3 | |
| 31 Aug 2017 | £130K | £143K | £20K | ||
| 31 Aug 2016 | £155K | £107K | £178K | £38K |
Where Practice Ventures (UK) Limited is registered
The registered office is in Gillingham (ME7), in the Medway local authority area, South East. Show ME7 3TB on a map.
Other trade companies in ME7
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- Weatherwize Roofers LtdRoofers
- Gbo Homes LimitedFinishing trades
- Somnium Renovations LtdBuilders
- Roof Pro Roofing LtdRoofers
- Glow&Go Services LtdCleaning companies
- Dispatch Services Now LtdMotor traders
- Asm Building Solutions LimitedProperty developers
What happens if Practice Ventures (UK) Limited files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 31 May 2027.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Jun 2027 to 30 Jun 2027 | £150 |
| 1 to 3 months late | 1 Jul 2027 to 31 Aug 2027 | £375 |
| 3 to 6 months late | 1 Sep 2027 to 30 Nov 2027 | £750 |
| More than 6 months late | From 1 Dec 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Sep 2027 | £200 |
| 3 months late | 30 Nov 2027 | another £200 |
| 6 months late | 29 Feb 2028 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 Aug 2028 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- 03239714
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 20 August 1996 (30 years ago)
- Registered office
- 8 Lavenda Close, Hempstead, Gillingham, ME7 3TB
- Nature of business
- Installation of industrial machinery and equipment (SIC 33200)
- Year end
- 31 August (accounting reference date)
- Accounts type
- Micro-entity
- Last accounts made up to
- 31 August 2025
- Last confirmation statement
- 26 September 2025
Filing notes for machinery repair and installation companies
Machinery repair and installation companies often carry parts stock and specialist tools, and many work on contracts that span the year end.
Similar companies in Gillingham
Other active machinery repair and installation companies registered in Gillingham.
- Productive Ventilation Limited2017
- Roberto's Car Wash Ltd2015
- Scooter Wizards Ltd2026
- Skarter Limited2025
- Smart Auto Spa - Wincanton Ltd2026
- Smart Choice Auto Repairs Ltd2025
- Southern Gym Repairs Limited2006
- TJL Testing & Maintenance Ltd2021
All machinery repair and installation companies in Gillingham · All trades in Gillingham · Machinery repair and installation across the UK
Frequently asked questions
When are Practice Ventures (UK) Limited's accounts due?
Practice Ventures (UK) Limited's next accounts are due at Companies House by 31 May 2027 (in 231 days), covering the period to 31 August 2026.
When is Practice Ventures (UK) Limited's CT600 due?
The CT600 for the period to 31 August 2026 is due at HMRC by 31 August 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 June 2027.
Is Practice Ventures (UK) Limited still trading?
Practice Ventures (UK) Limited is listed as active on the Companies House register (checked 12 Oct 2026). Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Practice Ventures (UK) Limited do?
Practice Ventures (UK) Limited is registered under Installation of industrial machinery and equipment (SIC 33200).
How old is Practice Ventures (UK) Limited?
Practice Ventures (UK) Limited was incorporated on 20 August 1996, 30 years ago.
What is the penalty if Practice Ventures (UK) Limited files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Practice Ventures (UK) Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026, rechecked 12 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.