THERAPIE MEDICAL (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-29 (this month)
Last made up 2025-05-15
Watchouts
None on the register
Cash
£4M
-9.1% vs 2023
Net assets
£4M
-8.8% vs 2023
Employees
694
+2.7% vs 2023
Profit before tax
£365K
+525.6% vs 2023
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £49,670,632 | £55,208,218 | |
| Operating profit | £1,254,033 | £1,545,488 | |
| Profit before tax | -£85,675 | £364,655 | |
| Net profit | -£555,569 | £364,655 | |
| Cash | £4,190,578 | £3,809,029 | |
| Total assets less current liabilities | £778,925 | £419,385 | |
| Net assets | £4,156,095 | £3,791,440 | |
| Equity | -£4,156,095 | -£3,791,440 | |
| Average employees | 676 | 694 | |
| Wages | £16,534,834 | £17,311,045 | |
| 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+11.1%
£49,670,632 £55,208,218
-
Cash
-9.1%
£4,190,578 £3,809,029
-
Net assets
-8.8%
£4,156,095 £3,791,440
-
Employees
+2.7%
676 694
-
Operating profit
+23.2%
£1,254,033 £1,545,488
-
Profit before tax
+525.6%
-£85,675 £364,655
-
Wages
+4.7%
£16,534,834 £17,311,045
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.5% | 2.8% | |
| Net margin | -1.1% | 0.7% | |
| Return on capital employed | 161.0% | 368.5% | |
| Gearing (liabilities / total assets) | 89.4% | 91.9% | |
| Current ratio | 0.94x | 1.07x | |
| Interest cover | 2.80x | 9.43x |
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.
Name history
Renamed 1 time since incorporation
- THERAPIE MEDICAL (UK) LIMITED 2021-05-12 → present
- THERAPIE GLASGOW LIMITED 2016-05-16 → 2021-05-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG, Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 31 December 2024, the Company had an excess of liabilities over assets. Excluding deferred revenue, there is an excess of total assets over current liabilities of £18,626,531 (2023: £19,657,028). Fellerim Limited, the entity's ultimate parent, has confirmed to the directors that it will continue to provide financial support to the Company for a period of at least 12 months from the date of signing the financial statements, to allow it to meet its liabilities as they fall due. On this basis, the directors are satisfied that the Company should have adequate resources to continue in operational existence for the foreseeable future and, for this reason, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- THERAPIE MEDICAL (UK) LIMITED · parent
- Therapie Wood Green Limited 50%
Significant events
- “The 2025 financial year has started positively with strong profit growth achieved in the year to date. The directors are confident this momentum will continue, with due consideration for the impact of general macroeconomic conditions in Ireland and the UK and other external factors. The Company has opened 2 new trading locations post year end within the Thérapie Clinic segment, namely Angel Shopping Centre London and Birmingham Temple Street (both in the UK), with further openings planned in the second half of the year. There have been no other significant events affecting the Company since year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRY, Gerald | Director | 2021-02-01 | May 1985 | Irish |
| MCGLADE, Katie Elizabeth | Director | 2016-05-16 | Aug 1987 | Irish |
| MCGLADE, Paul Adam | Director | 2018-02-15 | Jan 1983 | Irish |
| MCGLADE, Phillip Martin | Director | 2016-05-16 | Jan 1986 | Irish |
| MCGLADE, William | Director | 2018-02-15 | Dec 1991 | Irish |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Phillip Martin Mcglade | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-05-16 | Ceased 2022-04-19 |
Filing timeline
Last 20 of 44 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-26 RESOLUTIONS Resolution
- 2023-01-26 MA Memorandum articles
- 2022-01-06 MA Memorandum articles
- 2022-01-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-07 | AA | accounts | Accounts with accounts type full | |
| 2024-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-06 | AA | accounts | Accounts with accounts type full | |
| 2023-06-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-14 | CH01 | officers | Change person director company with change date | |
| 2023-03-14 | CH01 | officers | Change person director company with change date | |
| 2023-02-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-01-26 | RESOLUTIONS | resolution | Resolution | |
| 2023-01-26 | MA | incorporation | Memorandum articles | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-12-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-12-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-05 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2022-05-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-06 | MA | incorporation | Memorandum articles | |
| 2022-01-06 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.