UK Companies House feature
THE ESSENCE VAULT LTD
Cash
£704K
-49.6% vs 2023
Net assets
£2M
-34.4% vs 2023
Employees
191
+51.6% vs 2023
Profit before tax
-£861K
-329.5% vs 2023
Profile
- Company number
- NI666665
- Status
- Active
- Incorporation
- 2019-12-20
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 47750
- Hubs
- UK Healthcare
Net assets
5-year trend · vs UK Healthcare median
Accounts
5-year trend · latest 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £30,095,946 | £34,593,327 | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | £375,033 | -£860,823 | |
| Net profit | — | — | — | £611,798 | -£884,501 | |
| Cash | — | — | — | £1,398,323 | £704,228 | |
| Total assets less current liabilities | — | — | — | £2,863,286 | £1,747,012 | |
| Net assets | — | — | — | £2,570,783 | £1,686,282 | |
| Equity | £195,705 | — | £2,292,803 | £2,570,783 | £1,686,282 | |
| Average employees | — | — | — | 126 | 191 | |
| Wages | — | — | — | £3,021,384 | £4,345,472 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Stevenson & Wilson
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The company is reporting a loss for the year which was largely anticipated by the directors due to sizeable investment into the company's people and processes. Results for 2025 are very encouraging with the company reporting high levels of profitability. This is expected to continue to improve for the foreseeable future.”
Significant events
- “The company, and the wider group, continued to experience high levels of growth through 2024. The Company is reporting a loss for the year due to additional expenditure and borrowing costs. Directors have implemented adjustments to operating models and expect improved profitability in 2025.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARTIN, Connor | Director | 2019-12-20 | Sep 1995 | British |
| O'CONNOR, Seamus | Director | 2023-03-20 | Apr 1991 | Irish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUDSON, Oliver William | Director | 2023-03-20 | 2025-04-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jaq Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2023-01-06 | Active |
| Mr Connor Martin | Individual | Shares 75–100% | 2019-12-20 | Ceased 2023-01-06 |
Filing timeline
Last 20 of 25 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-02-18 | CH01 | officers | change person director company with change date |
| 2025-12-31 | AA | accounts | accounts with accounts type full |
| 2025-12-09 | CH01 | officers | change person director company with change date |
| 2025-04-17 | TM01 | officers | termination director company with name termination date |
| 2025-01-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-17 | AA | accounts | accounts with accounts type full |
| 2024-08-28 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-05-09 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-04-23 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-02-06 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-01-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-29 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-09-29 | AA | accounts | accounts with accounts type full |
| 2023-03-22 | AP01 | officers | appoint person director company with name date |
| 2023-03-22 | AP01 | officers | appoint person director company with name date |
| 2023-02-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-02-08 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-02-08 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2022-09-30 | AA | accounts | accounts with accounts type total exemption full |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
0.45
DISTRESS
Altman Z″
- Working capital / Total assets 0.008 × 6.56 = +0.05
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.044 × 6.72 = +0.30
- Book equity / Total liabilities 0.094 × 1.05 = +0.10
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
33.1
COLD
/ 100
- Filings velocity 33
- Capital events 0
- Officer churn 0
- Headcount trajectory 100
- Accounts trajectory 65
- 4 filing(s) in last 12 months
- Employees +52% YoY
- Turnover +15% YoY