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Primal Health Ltd

08584641

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

C/O ALLIED LONDON, SUITE 1 BONDED WAREHOUSE, MANCHESTER, M3 4AP
Incorporated 25/06/2013

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/05/2025

Due 14/06/2026

On track

Industry

93130
Fitness facilities

Officers

Mr Suresh Premji Gorasia

director · Since 24/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 147 other boards

Mr Michael Julian Ingall

director · Since 24/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 135 other boards

Persons with Significant Control

Mr Michael Julian Ingall

75–100% shares
75–100% votes

British · England · Age 66

C/O Allied London, Suite 1, Bonded Warehouse, Manchester, M3 4AP

Notified 31/01/2024

Former PSCs

Mr Craig Duncan Megretton

Ceased 24/09/2021

Mr Darren Mark Faulkner

Ceased 24/09/2021

Capital Properties (Uk) Two Limited

Ceased 31/01/2024

Mr Frederick Paul Graham-Watson

Ceased 30/09/2024

CompanyRankvs 6007+ SIC 93130 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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6007Primal Health Ltd
39
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.

Employees10/15 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.

Longevity13/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£346k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£384k

Working capital

Current Assets

£28k

Current Liabilities

£426k

Fixed Assets

£53k

2avg. employees-4

Balance Sheet

Assets less current liabilities-£331k
Signed by Mr Suresh Gorasia 1 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£16k
20230.15-£157k
20220.12-£85k
20210.09-£672k
20200.02+£96k
20190.03+£888k
20180.04—

Derived from filed accounts. Not audited figures.