FIRST OPTION HEALTHCARE LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-17 (in 5mo)
Last made up 2025-10-03
Watchouts
None on the register
Cash
£33K
lowest in 4 filed years
Net assets
£682K
highest in 4 filed years
Employees
296
highest in 4 filed years
Profit before tax
£649K
Period ending 2025-03-31
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-09-30 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £24,046,716 | £22,688,341 | £14,777,335 | |
| Operating profit | — | — | — | £950,746 | £684,001 | £736,335 | |
| Profit before tax | — | — | — | £933,714 | £599,508 | £648,673 | |
| Net profit | — | — | — | £741,803 | £535,531 | £528,991 | |
| Cash | £81,327 | — | — | £247,032 | £244,043 | £33,249 | |
| Total assets less current liabilities | £158,659 | — | — | £602,715 | £975,235 | £955,600 | |
| Net assets | £152,659 | — | — | £472,824 | £477,355 | £682,096 | |
| Equity | £152,659 | £48,536 | £346,490 | £472,824 | £477,355 | £682,096 | |
| Average employees | 31 | — | — | 219 | 286 | 296 | |
| Wages | — | — | — | £10,800,399 | £11,790,080 | £11,036,995 | |
| Directors' remuneration | — | — | — | £663,683 | £681,551 | £479,785 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-09-30 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 4.0% | 3.0% | 5.0% | |
| Net margin | — | — | — | 3.1% | 2.4% | 3.6% | |
| Return on capital employed | — | — | — | 157.7% | 70.1% | 77.1% | |
| Current ratio | — | — | — | — | 1.27x | 1.21x | |
| Interest cover | — | — | — | 51.24x | 7.90x | 8.30x |
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. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The company has invested in a new department for PALMS incorporating mental health, autism and learning disabilities.”
- “The company has invested in its clinical team and has put an emphasis on education of the workforce...”
- “The group is developing its business to support more clients in the healthcare industry by transitioning from a single service model to a multi-service care organisation, launching new revenue streams including: Brain & Spinal Injury Services, Crisis Management / Rapid Response, Training & Education, Recruitment, Community Mental Health (children & young adults), Third Party Services, Transitional Care (child to adult pathway)”
- “The Covid-19 pandemic exposed several risks for the company which were all addressed through the implementation of robust business continuity plans...”
- “Brexit also posed uncertainties with the main impact being a reduction in the workforce, especially of European healthcare workers which has impacted the care sector. The business has tackled this challenge directly through implementation of new recruitment strategies and has also obtained a sponsor license through the home office.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ADDLESHAW GODDARD (SCOTLAND) SECRETARIAL LIMITED | Corporate Secretary | 2022-12-15 | — | — |
| BARNES, Nikolas | Director | 2023-10-01 | Apr 1979 | British |
| DOBSON, Rebecca Claire | Director | 2019-11-07 | Jul 1979 | British |
| HETHERINGTON, Kim Louise | Director | 2023-10-01 | Feb 1979 | British |
| HIGGS, Fraser James | Director | 2026-03-25 | Jul 1974 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COCKS, Stuart | Director | 2015-08-20 | 2016-12-31 |
| DENNIS, Sarah Emily | Director | 2023-03-03 | 2024-04-09 |
| GRIFFITHS, Danny | Director | 2023-10-01 | 2026-03-19 |
| HARRAP, Randle Charles Anthony | Director | 2021-01-16 | 2022-03-30 |
| HIGGS, Fraser James | Director | 2019-01-24 | 2026-03-24 |
| HIGGS, Fraser James | Director | 2016-01-01 | 2018-07-13 |
| PERRY, Linda Yvonne | Director | 2018-07-13 | 2019-04-30 |
| SILWIMBA, Catherine Malambo | Director | 2016-01-01 | 2022-03-04 |
| WILSON, Maria | Director | 2022-04-01 | 2022-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| First Option Healthcare Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-09 | Active |
| Mrs Sarah Higgs | Individual | Shares 25–50%, Voting 25–50% | 2017-08-02 | Ceased 2020-04-01 |
| Mrs Catherine Malambo Silwimba | Individual | Shares 25–50%, Voting 25–50% | 2016-06-30 | Ceased 2022-03-04 |
| Mr Fraser James Higgs | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2022-06-09 |
Filing timeline
Last 20 of 80 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-12 | AA | accounts | Accounts with accounts type full | |
| 2026-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-27 | AA | accounts | Accounts with accounts type medium | |
| 2024-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-18 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-30 | AA | accounts | Accounts with accounts type full | |
| 2023-06-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-07 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.