Performance Health Systems Uk Ltd
08102963
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 05/01/2026
Due 19/01/2027
Industry
Officers
Persons with Significant Control
Mr Lee Scott Hillman
American · United States · Age 70
20, Wenlock Road, London, N1 7GU
Notified 27/11/2023
Mr Michael Phillip Balkin
American · United States · Age 67
20, Wenlock Road, London, N1 7GU
Notified 27/11/2023
Former PSCs
Performance Health Systems Llc
Ceased 16/11/2023
Charges0 outstanding
POWER PLATE INTERNATIONAL LIMITED (IN LIQUIDATION)
CompanyRankvs 1439+ SIC 27900 peers34
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the director with respect to
Key FinancialsYear ending 31/12/2024
Turnover
£1.9M
Annual revenue
Net Worth
-£6.7M
Balance sheet strength
Cash
£121k
Cash in the bank
Profit Before Tax
-£730k
Bottom line earnings
Net Current Assets
-£6.7M
Working capital
Current Assets
£1.1M
Current Liabilities
£7.8M
Fixed Assets
£24k
Debtors
£286k
Gross Profit
£878k
Admin Expenses
£1.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.14 | -£730k |
| 2023 | 0.16 | -£780k |
| 2022 | 0.23 | -£1.5M |
| 2021 | 0.36 | -£369k |
| 2020 | 0.27 | -£212k |
| 2019 | 0.27 | -£1.2M |
| 2018 | 2.35 | — |
Derived from filed accounts. Not audited figures.