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Physiotherapy Specialists Ltd

04402986

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 DORSET RISE, LONDON, EC4Y 8EN
Incorporated 25/03/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86220
Specialist medical practice activities

Officers

Mr Derrick Michael Farrell

director · Since 02/07/2019

DIRECTOR

IRISH · UNITED KINGDOM · Age 56

Also on 19 other boards

Judit Molnar

secretary · Since 21/05/2025

Kevin Riley

director · Since 30/07/2025

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 11 other boards

Persons with Significant Control

Vita Health Group Limited

75–100% shares
75–100% votes
Appoint directors

3, Dorset Rise, London, EC4Y 8EN

Reg: 05002629 · Register Of Companies For England And Wales · Private Company Limited By Shares

Notified 02/07/2019

Former PSCs

Specialist Physiotherapy Clinics Limited

Ceased 02/07/2019

Mr Cameron John Tudor

Ceased 02/07/2019

Charges0 outstanding

Charge
satisfied

SHAWBROOK BANK LIMITED

Created 22/07/2021Registered 23/07/2021Satisfied 20/10/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 14/07/2017Registered 24/07/2017Satisfied 11/04/2019
charge
satisfied

THE GOVERNORS OF THE PEABODY TRUST

Created 24/10/2002Registered 09/04/2003Satisfied 25/04/2019

CompanyRankvs 194410+ SIC 86220 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2022

Turnover

£160k

Annual revenue

Net Worth

-£90k

Balance sheet strength

Cash

£13k

Cash in the bank

Profit Before Tax

-£71k

Bottom line earnings

Net Current Assets

-£91k

Working capital

Current Assets

£71k

Current Liabilities

£163k

Fixed Assets

£2k

Debtors

£57k

Cost of Sales

£121k

Gross Profit

£38k

Admin Expenses

£109k

Profit After Tax

-£71k

4avg. employees

Tax at Year End(2018)

Corp tax£10k

Balance Sheet

Assets less current liabilities-£89k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.44-£112k
20181.29

Derived from filed accounts. Not audited figures.