VITA LIVING T1 LIMITED
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Cash
£242k
-83.5% vs 2024
Net assets
£18m
-11.5% first positive since 2023
Employees
—
Average over period
Profit before tax
-£2.7m
-109.5% lowest in 3 filed years
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £3,943,000 | £6,897,000 | +74.9% | |
| Operating profit | -£14,000 | £37,318,000 | £7,348,000 | -80.3% | |
| Profit before tax | -£14,000 | £28,617,000 | -£2,718,000 | -109.5% | |
| Net profit | -£211,000 | £21,467,000 | -£2,383,000 | -111.1% | |
| Cash | £193,000 | £1,468,000 | £242,000 | -83.5% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | -£803,000 | £20,664,000 | £18,281,000 | -11.5% | |
| Equity | -£803,000 | £20,664,000 | £18,281,000 | -11.5% | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | — | 106.5% | |
| Net margin | — | — | -34.6% | |
| Gearing (liabilities / total assets) | 100.8% | 85.2% | 87.3% | |
| Current ratio | 0.11x | 1.73x | — | |
| Interest cover | — | 4.29x | 0.73x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- VITA LIVING T1 LIMITED 2021-03-11 → present
- UNION LIVING MANCHESTER 1 LIMITED 2019-04-05 → 2021-03-11
Audit & accounting basis
- Accounting basis
- UK-adopted International Accounting Standards
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern.”
Group structure
- VITA LIVING T1 LIMITED · parent
- Vita Living T1 Operating Company Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BESWICK, Giles Peter | Secretary | 2019-04-05 | — | — |
| BESWICK, Giles Peter | Director | 2025-05-09 | Apr 1974 | British |
| SAYNOR, Gareth William | Director | 2025-06-09 | Aug 1979 | British |
| STOTT, Mark David | Director | 2019-04-05 | Apr 1972 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAWSON, Mark Christopher | Director | 2019-04-05 | 2024-10-23 |
| SLATER, Michael Keith | Director | 2019-04-05 | 2025-05-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Union Living Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-04-05 | Active |
Filing timeline
Last 20 of 32 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-12-01 MA Memorandum articles
- 2021-12-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-04 | AA | accounts | Accounts with accounts type full | |
| 2026-08-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-06-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-13 | CH03 | officers | Change person secretary company with change date | |
| 2025-05-13 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-04 | AA | accounts | Accounts with accounts type full | |
| 2022-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-01 | MA | incorporation | Memorandum articles | |
| 2021-12-01 | RESOLUTIONS | resolution | Resolution | |
| 2021-11-30 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.