VAMED HEALTH PROJECTS UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-10 (in 9mo)
Last made up 2026-01-27
Watchouts
Cash
£188K
EUR 216,694
+692.5% vs 2023
Net assets
£407K
EUR 467,797
+359.6% vs 2023
Employees
2
-50% vs 2023
Profit before tax
£318K
EUR 366,013
+233.4% first positive since 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £25,968,053 | £1,847,838 | £0 | £89,603 | £11,607,720 | |
| Operating profit | — | — | — | — | — | -£257,809 | £342,498 | |
| Profit before tax | — | — | £390,873 | -£252,980 | -£81,823 | -£238,656 | £318,300 | |
| Net profit | — | — | £319,963 | -£267,343 | -£81,823 | -£238,656 | £318,300 | |
| Cash | — | — | £211,741 | £362,203 | £25,917 | £23,778 | £188,446 | |
| Total assets less current liabilities | — | — | £1,425,379 | £1,158,037 | £1,076,214 | £88,516 | £406,815 | |
| Net assets | — | — | — | — | — | £88,516 | £406,815 | |
| Equity | £1,165,577 | £1,095,826 | £1,425,379 | £1,158,037 | £1,076,214 | £88,516 | £406,815 | |
| Average employees | — | — | 4 | 0 | 0 | 4 | 2 | |
| Wages | — | — | £307,000 | — | — | £99,596 | £59,839 | |
| Directors' remuneration | — | — | — | — | — | — | — |
Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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
+12,854.6%
£89,603 £11,607,720
first positive since 2022
-
Cash
+692.5%
£23,778 £188,446
-
Net assets
+359.6%
£88,516 £406,815
-
Employees
-50%
4 2
-
Operating profit
+232.8%
-£257,809 £342,498
-
Profit before tax
+233.4%
-£238,656 £318,300
first positive since 2023
-
Wages
-39.9%
£99,596 £59,839
lowest in 3 filed years
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 3.0% | |
| Net margin | — | — | 1.2% | -14.5% | — | — | 2.7% | |
| Return on capital employed | — | — | — | — | — | -291.3% | 84.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 90.4% | 92.7% | |
| Current ratio | — | — | — | — | — | 1.11x | 1.08x | |
| Interest cover | — | — | — | — | — | — | 14.15x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Goodman Jones LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and there is no material uncertainty in relation to going concern. The directors have also received assurances from the company's immediate parent company, VAMED Engineering GmbH, that it will continue to support the company for the foreseeable future. As a result, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “After the first quarter of 2024 the ultimate owner Fresenius announced to gradually wind (structured exit) down the international project business of VAMED. All projects in execution shall be finalized, but no new contracts for projects will be signed. As of current date the current project of the company in execution is planned to be finalized.”
- “From 01.04.2025 the parent company Vamed Engineering GmbH, which holds 100% of Vamed Health Projects UK, was sold (by Fresenius) 100% to World Wide Hospitals (WWH) GmbH which is itself part of the World Wide Hospitals Group a provider of modular hospital solutions based in Hamburg, Germany. The relationship between Vamed Health Projects UK and Vamed Engineering GmbH did not change, Vamed Engineering GmbH still holding 100% of the Vamed Health Projects UK shares.”
- “After the year end VAMED Engineering GmbH was acquired by WWH Group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABELE, Frank Hermann Karl | Director | 2026-02-09 | Oct 1959 | German |
| NOORZAD, Ahmad Masih | Director | 2026-02-09 | Mar 1998 | Afghan |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FISCHER, Johannes | Director | 2017-01-27 | 2022-11-01 |
| GRIFFIN, John | Director | 2018-03-05 | 2025-12-15 |
| MILANOVICH, Martin | Director | 2025-12-16 | 2026-02-09 |
| MILANOVICH, Martin | Director | 2022-11-01 | 2025-12-15 |
| ZANGERL, Thomas | Director | 2017-01-27 | 2018-03-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vamed Engineering Gmbh | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-10-25 | Active |
| Vamed Engineering Gmbh | Corporate entity | Shares 75–100%, ownership-of-shares-75-to-100-percent-as-firm, Voting 75–100%, voting-rights-75-to-100-percent-as-firm | 2017-01-27 | Ceased 2017-01-27 |
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-09 | AA | accounts | Accounts with accounts type full | |
| 2023-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-14 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-25 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-10-25 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2022-08-03 | AA | accounts | Accounts with accounts type full | |
| 2022-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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.