LUMEON LTD

• ⚠

  Material uncertainty over going concern

  Health Catalyst has reported losses for the past three years and therefore there is no certainty that they will be capable of providing the support required by the group and company. This therefore gives rise to a material uncertainty which may cast significant doubt on the group and company's ability to continue as a going concern.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -13.9%

  £6,684,923 → £5,758,617

• Cash

  -52.4%

  £1,643,262 → £782,500

• Net assets

  +95.8%

  -£26,816,042 → -£1,122,113

• Employees

  -18.8%

  101 → 82

• Operating profit

  -3.5%

  -£11,515,059 → -£11,923,363

• Profit before tax

  +10%

  -£13,829,256 → -£12,443,286

• Wages

  -12.8%

  £10,011,232 → £8,725,943

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. LUMEON LTD 2016-08-11 → present
2. QINEC LIMITED 2012-10-24 → 2016-08-11
3. ASCENSUS LIMITED 2005-08-04 → 2012-10-24

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Health Catalyst has reported losses for the past three years and therefore there is no certainty that they will be capable of providing the support required by the group and company. This therefore gives rise to a material uncertainty which may cast significant doubt on the group and company's ability to continue as a going concern.”

Significant events

• “Lumeon Inc. being sold as of 1 August 2024 as a discontinued operation.”
• “Health Catalyst, Inc. acquired 100% ownership in the Company on 1 August 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.