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Vitalise Developments Ltd

13313553

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

YOUNG AND PHILLIPS ACCOUNTANTS, TREORCHY, CF42 6AH
Incorporated 03/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mrs Lynsey Anne Toft

director · Since 03/04/2021

COMMERCIAL DIRECTOR

WELSH · WALES · Age 41

Also on 10 other boards

Mr Paul Christopher Lewis

director · Since 14/01/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr Roy Derrick

director · Since 01/02/2026

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mrs Lynsey Anne Toft

Significant control

British · Wales · Age 41

35, Margaret Street, Ferndale, CF43 3EH

Notified 24/05/2021

Mr Roy Derrick

Significant control

British · Wales · Age 62

Young And Phillips Accountants, 77 Bute Street, Treorchy, CF42 6AH

Notified 24/05/2021

Mr Paul Christopher Lewis

25–50% shares
25–50% votes

British · United Kingdom · Age 57

2, Hawarden Cottages, Stroud, GL5 3UW

Notified 24/09/2021

Former PSCs

The Good Property Buyers Ltd

Ceased 24/05/2021

Charges1 outstanding

Charge
outstanding

QUANTUM MORTGAGES LIMITED

Created 15/11/2024Registered 15/11/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 18/08/2023Registered 01/09/2023Satisfied 21/11/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/09/2021Registered 29/09/2021Satisfied 21/11/2024
Charge
satisfied

TOGETHER COMMERCIAL FINANCE LIMITED

Created 24/09/2021Registered 29/09/2021Satisfied 21/11/2024

CompanyRankvs 157028+ SIC 68100 peers
18

Financial strength12th percentile among SIC peers · 3/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity5 years trading (max 15) · 5/15
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.

Employees3/15 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.

Longevity5/15 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 28/02/2025

Net Worth

-£20k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£121k

Working capital

Current Assets

£10k

Current Liabilities

£131k

0avg. employees

Balance Sheet

Assets less current liabilities£279k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£33k
20242.43-£33k
20231.61-£13k
20221.70

Derived from filed accounts. Not audited figures.