The Firmwatch take
Therapy Station Ltd (08944097) currently shows: At risk signal detected, based on accounts to 31 March 2023; last refreshed 24 May 2026. Insolvency event on the public record: creditors' voluntary liquidation.
Companies House source·Accounts to 31 Mar 2023·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
4 public risk events on file
Incorporated
18 March 2014
12 years on the register
Sector
Other human health activities
SIC 86900
Size
Not classified
Net assets
−£60k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
4 on file
Public Gazette / Companies House
Analytics
Risk, value and sector comparison
Insolvency risk
80/100
critical risk
Estimated public-data value
-£60,249 - £0
low confidence - negative net assets visible value
Sector comparison
Sector: Healthcare
Sample: 491 companies
Negative net assets: 17.5%
- Net assets vs sector median
- -£60,883
- Working capital vs sector median
- -£47,212
- Sector median current ratio
- 1.27
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Old accounts
The latest extracted accounts period is more than 30 months old.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Bottom 10% in sector · Sector medians shown for 491 filers in this sector (2023).
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£16,800
Current liabilities
Amounts due within one year (short-term creditors).
£59,306
Working capital
Current assets minus current liabilities.
-£42,506
Median £5k
Fixed assets
Long-term tangible and intangible assets.
Not disclosed
Total assets less current liabilities
Fixed assets plus working capital.
-£42,505
Net assets
What's left after liabilities are deducted from assets.
-£60,249
Median £634
Equity (capital & reserves)
Shareholder funds.
£1
Current ratio
Current assets divided by current liabilities. Above 1.0× is usually easier to fund.
0.3×
Median 1.3×
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.