Company Overview
Premaitha Health Plc is listed at the official companies registry as Active Public Limited Company. The company was incorporated on Thursday 13 April 2000, so this is a well established company. Premaitha Health Plc has been in business for 24 years and 1 month. The accounts status is group and the accounts are next due on Sunday 31 December 2023.
Registered Address

St James' House, St. James Square, Cheltenham, Gloucestershire, GL50 3PR
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Companies House Data
Company NamePREMAITHA HEALTH PLC
Company Number03971582
Registered Office AddressSt James' House
 St. James Square
 GL50 3PR
Company CategoryPublic Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/04/2000
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2023
Accounts Last Made Up Date31/03/2022
Accounts Account CategoryGROUP
Returns Next Due Date05/05/2017
Returns Last Made Up Date07/04/2016
Previous Company NameChanged Date
PREMAITHA HEALTH PLC02 Nov 2018
VIALOGY PLC03 Jul 2014
ORIGINAL INVESTMENTS PLC30 Oct 2006
BIOPROJECTS INTERNATIONAL PLC28 Sep 2005
Directors & Members
Show Resigned
John Brown Cbe - Director
(British, 69 years old, born March 1955)
Non-Executive Director - Appointed 29 July 2019
 Active
Steven Gibson - Director
(British, 42 years old, born September 1982)
Accountant - Appointed 08 September 2023
 Active
Lyn Rees - Director
(British, 51 years old, born March 1973)
Company Director - Appointed 03 July 2018
 Active
Secretaries
Show Resigned
Other Company Directorships
John Brown Cbe
No companies found
Steven Gibson
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Lyn Rees
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Balance Sheet Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2015 31-Mar-2014
Balance Sheet
Fixed Assets 1,347,280 1,347,280 436,380
Current Assets 4,299,201 4,299,201 500,645
Creditors Due Within One Year 1,585,818 1,585,818 850,590
Working Cap 2,713,383 2,713,383 -349,945
Total Assets Less Current Liabilities 4,060,663 4,060,663 86,435
Long-term Liabilities 164,466 164,466 1,643,823
Net Assets 3,896,197 3,896,197 -1,557,388
Share Capital & Reserves
Share Cap 28,173,133 28,173,133 8,281
Profit & Loss Reserves -7,960,712 -7,960,712 -1,565,669
Other Reserves -16,316,224 -16,316,224 0
Shareholders Funds 3,896,197 3,896,197 -1,557,388
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2015 31-Mar-2014
Tangible Fixed Assets - - -
Fixed Assets 23.9% 23.9% 46.6%
Stocks Inventory 8.0% 8.0% 0.0%
Debtors 0.0% 0.0% 6.4%
Cash Bank In Hand 48.0% 48.0% 5.3%
Current Assets 76.1% 76.1% 53.4%
Creditors Due Within One Year 28.1% 28.1% 90.8%
Net Current Assets Liabilities 48.1% 48.1% -37.3%
Creditors Due After One Year 2.9% 2.9% 175.4%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 69.0% 69.0% -166.2%
Called Up Share Capital 499.0% 499.0% 0.9%
Share Capital Allotted Called Up Paid 499.0% 499.0% 0.9%
Profit Loss Account Reserve -141.0% -141.0% -167.1%
Shareholder Funds 69.0% 69.0% -166.2%
Capital Employed - - -
Total Assets Less Current Liabilities 71.9% 71.9% 9.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2015 31-Mar-2014
Liquidity Ratio 2.7 2.7 0.6
Solvency Ratio 3.2 3.2 0.4
Reserves to Assets -1.4 -1.4 -1.7
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 6
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2015 31-Mar-2014
Assets 5,646,481 5,646,481 937,025
Debt 1,750,284 1,750,284 2,494,413
Net Assets/Debt 3,896,197 3,896,197 -1,557,388

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Statement of capital on 22 April 2024
Certificate of reduction of issued capital
Reduction of iss capital and minute (oc)
Confirmation statement made on 21 January 2024 with updates
Current accounting period shortened from 31 March 2024 to 31 December 2023
Satisfaction of charge 039715820006 in full
Termination of appointment of Barry Kenneth Hextall as a secretary on 29 September 2023
Resolutions
Re-registration of Memorandum and Articles
Certificate of re-registration from Public Limited Company to Private
Re-registration from a public company to a private limited company
Court order
Appointment of Mr Steven Michael Gibson as a director on 8 September 2023
Termination of appointment of Jonathan Alexander Seaton as a director on 8 September 2023
Termination of appointment of Mary Geraldine Tavener as a director on 8 September 2023
Termination of appointment of Joanne Nicola Mason as a director on 8 September 2023
Termination of appointment of Andrew Leeser as a director on 8 September 2023
Termination of appointment of Bill Chang as a director on 8 September 2023
Resolutions
Memorandum and Articles of Association
Second filing of a statement of capital following an allotment of shares on 13 January 2023
Statement of capital following an allotment of shares on 19 July 2023
Appointment of Dr Joanne Nicola Mason as a director on 22 May 2023
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