# PANACEA 24 LTD (11424767)

> PANACEA 24 LTD is an active private limited company (company number 11424767) incorporated on 20 June 2018, registered in Dunstable. Its registered activity is other activities of employment placement agencies (SIC 78109). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £106k, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 40% on the prior period (£76k).

- Status: Active
- Incorporated: 2018-06-20
- Registered office: Dunstable, LU5 4QU
- SIC 78109: Other activities of employment placement agencies
- SIC 78200: Temporary employment agency activities
- SIC 86102: Medical nursing home activities
- SIC 87200: Residential care activities for learning difficulties, mental health and substance abuse
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-07-04
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 104 comparable companies in Luton (median £461, upper quartile £13k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £106k | — | — | £86k | — | — | 3 |
| 2024-05-31 | £76k | — | — | £51k | — | — | 3 |

current ratio 0.03; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £105,960 at 31 May 2025
- Net assets up 10% or more on the prior period: +39.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.03
- Incorporated five or more years ago: Incorporated 20 June 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Valentine Obidegwu — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors; has significant influence or control, since 2019-01-03

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11424767
HTML: https://firmoscan.com/company/11424767-panacea-24-ltd