PRACTICE PLUS GROUP HOLDINGS LIMITED
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Cash
£708K
Latest balance sheet
Net assets
£8.1M
Equity attributable
Employees
104
Average over period
Profit before tax
-£14M
Period ending 2023-09-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2022-09-30 | 2023-09-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | -£6,000 | £0 | — | |
| Profit before tax | £65,104,000 | -£13,661,000 | — | |
| Net profit | £65,238,000 | -£13,355,000 | — | |
| Cash | £612,000 | £708,000 | — | |
| Total assets less current liabilities | £21,640,000 | £8,263,000 | — | |
| Net assets | £21,455,000 | £8,100,000 | — | |
| Equity | £21,455,000 | £8,100,000 | — | |
| Average employees | 100 | 104 | — | |
| Wages | £2,789,000 | £7,478,000 | — | |
| Directors' remuneration | £985,000 | £1,117,000 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-09-30 | 2023-09-30 |
|---|---|---|---|
| Return on capital employed | -0.0% | 0.0% | |
| Gearing (liabilities / total assets) | 85.0% | 95.3% | |
| Current ratio | 0.14x | 0.21x | |
| Interest cover | -0.00x | 0.00x |
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
- PRACTICE PLUS GROUP HOLDINGS LIMITED 2020-10-02 → present
- CARE UK HEALTHCARE HOLDINGS LIMITED 2017-05-24 → 2020-10-02
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Group structure
- PRACTICE PLUS GROUP HOLDINGS LIMITED · parent
- Practice Plus Group Health and Rehabilitation Services Limited 100%
- Practice Plus Group (Primary Care) Limited 100%
- Shepton Mallet Health Partnership Limited 51%
- Practice Plus Group Hospitals Limited 100%
- Practice Plus Group Pharmacy Services Limited 100%
- Practice Plus Group (Urgent Care) Holdings Limited 100%
- Practice Plus Group (Urgent Care) Limited 100%
Significant events
- “During the year, the Company made a decision to sell its investment in Practice Plus Group Hospitals Limited.”
- “On 31st October, the Company announced that it had agreed the sale of its investment in Practice Plus Group Hospitals Limited to Narayana Health, an India based healthcare company. The sale was completed on the 6th November 2025 with total consideration received of £188.8m.”
- “The Company received a dividend of £30m from Practice Plus Group Health & Rehabilitation Services and a dividend of £80.1m from Practice Plus Group Hospitals Limited. This was used to settle intercompany borrowings rather than paid in cash. Using the proceeds of the sale of Practice Plus Group Hospitals Limited, the Company declared a dividend of £139.3m to its shareholder which was paid on 13th November; lent £35m to its shareholder which was used to repay bank debt and repaid £1.7m of loans owed to parent companies.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GAGE, Lee Stafford | Secretary | 2021-04-14 | — | — |
| EASTON, James William | Director | 2017-05-24 | Apr 1964 | British |
| SPIERS, Joanna Elizabeth | Director | 2026-04-30 | Aug 1976 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CALOW, Jonathan David | Secretary | 2017-05-24 | 2021-04-14 |
| CALOW, Jonathan David | Director | 2017-05-24 | 2019-10-18 |
| DOWSETT, Ross Martin, Mr. | Director | 2023-03-01 | 2025-11-06 |
| MOHER, Colman | Director | 2023-05-03 | 2026-06-15 |
| PARISH, Michael Robert | Director | 2017-05-24 | 2019-10-31 |
| PROSSER, Andrew James Mackenzie | Director | 2017-05-24 | 2019-11-25 |
| STICKLAND, David George | Director | 2019-11-25 | 2023-04-21 |
| WHITECROSS, Philip James | Director | 2017-05-24 | 2019-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Practice Plus Group Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-11-25 | Active |
| Care Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-24 | Ceased 2019-11-25 |
Filing timeline
Last 20 of 65 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-09 | AA | accounts | Accounts with accounts type full | |
| 2026-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-14 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-06-11 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-06 | AA | accounts | Accounts with accounts type full | |
| 2022-11-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.