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Vitality24 Limited

09618460

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • 3 outstanding charges (-6)

Details

SUITE 1, AQUEOUS II, BIRMINGHAM, B6 5RQ
Incorporated 02/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr David Gurdit Singh Swali

director · Since 02/06/2015

RECRUITMENT

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Mr Scott Lintern

director · Since 16/11/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Nirvair Singh

director · Since 16/11/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 4 other boards

Mr Bobby Gurpreet Singh Swali

director · Since 16/11/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 9 other boards

John Swali

director · Since 16/11/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 3 other boards

Mr Simon Gurjeet Singh Swali

director · Since 16/11/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 26

Also on 8 other boards

Persons with Significant Control

Icare24 Group Limited

75–100% shares
75–100% votes

Unit D, Ludgate Court, Birmingham, B3 1EP

Reg: 11351323 · England And Wales · Limited

Notified 22/05/2018

Former PSCs

Mr David Gurdit Singh Swali

Ceased 22/05/2018

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 08/12/2022Registered 13/12/2022
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 19/05/2022Registered 26/05/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/06/2020Registered 08/07/2020
Charge
satisfied

ULTIMATE FINANCE LIMITED

Created 19/07/2019Registered 22/07/2019Satisfied 20/05/2022
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 03/11/2016Registered 08/11/2016Satisfied 24/10/2019

CompanyRankvs 13263+ SIC 78109 peers
33

Financial strength13th percentile among SIC peers · 3/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

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

Liquidity12/20 pts

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

Longevity11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£289k

Current Liabilities

£281k

Fixed Assets

£5k

Debtors

£278k

0avg. employees

Tax at Year End(2024)

Dividends paid£19k

People Costs(2024)

Wages & salaries£44k
NI contributions£5k

Balance Sheet

Assets less current liabilities£13k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.03+£0
20251.03-£10k
20241.12-£45k
20221.17-£42k
20211.60+£53k
20201.06-£21k
20191.33

Derived from filed accounts. Not audited figures.