PRACTICE PLUS GROUP HOLDINGS LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2026-06-06 (in 1mo)
Last made up 2025-05-23
Watchouts
None on the register
Cash
£2M
+174.7% vs 2023
Net assets
£25K
-99.7% vs 2023
Employees
130
+25% vs 2023
Profit before tax
£15M
+211.7% vs 2023
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2024-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £0 | £0 | |
| Profit before tax | -£13,661,000 | £15,266,000 | |
| Net profit | -£13,355,000 | £14,801,000 | |
| Cash | £708,000 | £1,945,000 | |
| Total assets less current liabilities | £8,263,000 | £1,943,000 | |
| Net assets | £8,100,000 | £25,000 | |
| Equity | £8,100,000 | £25,000 | |
| Average employees | 104 | 130 | |
| Wages | £7,478,000 | £8,907,000 | |
| Directors' remuneration | £1,117,000 | £1,465,000 |
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 2024-09-30 vs 2023-09-30
-
Turnover
—
Not reported
-
Cash
+174.7%
£708,000 £1,945,000
-
Net assets
-99.7%
£8,100,000 £25,000
-
Employees
+25%
104 130
-
Profit before tax
+211.7%
-£13,661,000 £15,266,000
-
Wages
+19.1%
£7,478,000 £8,907,000
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 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Return on capital employed | 0.0% | 0.0% | |
| Gearing (liabilities / total assets) | 95.3% | 100.0% | |
| Current ratio | 0.21x | 0.14x | |
| 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 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
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%
- Suffolk Integrated Healthcare Limited 0%
Significant events
- “The Company has paid £22,876k dividends during the year (2023: £nil).”
- “During the year the Company made charitable donations of £12,202, mainly related to matched funding of employee fundraising (2023: £3,584).”
- “The Company undertook a review of dilapidations which led to a release of £66k in the current year (2023: cost of £2k).”
- “During the year, one of the Company's dormant subsidiaries was liquidated and the balance of £18k owed to the Company was written off. (2023: £201k).”
- “The Company incurred £204k relating to projects during the year (2023: £208k).”
- “The Company has incurred costs of £637k relating to incentive plans for Senior management (2023: £4,029k).”
- “The Group has incurred £455k of other non-recurring costs which related to external adviser costs. (2023: nil)”
- “At 30 September 2024, there is a nil balance outstanding under the RCF and the £135m has been drawn under the Term Loan facilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GAGE, Lee Stafford | Secretary | 2021-04-14 | — | — |
| EASTON, James William | Director | 2017-05-24 | Apr 1964 | British |
| MOHER, Colman | Director | 2023-05-03 | Jan 1969 | Irish |
Show 7 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 |
| 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 61 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-11-08 RESOLUTIONS Resolution
- 2022-11-08 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 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 | |
| 2022-11-08 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-08 | MA | incorporation | Memorandum articles | |
| 2022-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-10 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.