PROBO MEDICAL HOLDINGS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -1.8%

  £26,711,431 → £26,226,316

• Cash

  +2.3%

  £446,052 → £456,211

  highest in 4 filed years

• Net assets

  -76%

  -£2,585,952 → -£4,551,153

  lowest in 4 filed years

• Employees

  -0.9%

  114 → 113

• Operating profit

  -193.3%

  -£498,136 → -£1,460,888

• Profit before tax

  -193.3%

  -£498,169 → -£1,460,888

• Wages

  +12.2%

  £5,795,429 → £6,500,131

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

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.

1. PROBO MEDICAL HOLDINGS LIMITED 2021-10-29 → present
2. PROBO MEDICAL LIMITED 2021-01-20 → 2021-10-29
3. FUTURE MEDICAL EQUIPMENT LTD 2018-03-13 → 2021-01-20

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BK Plus Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding net current liabilities of £14,086,986 and a loss for the period, the financial statements have been prepared on a going concern basis. The directors have prepared cashflow forecasts and are confident the company will have sufficient funds to meet its liabilities for at least 12 months.”

Group structure

1. PROBO MEDICAL HOLDINGS LIMITED · parent
   1. Probo Medical Ltd 100% · United Kingdom · Repair of electronic and optical equipment
   2. MIH Holdings Limited 100% · United Kingdom · Holding company
   3. Med Imaging Healthcare Group Limited 100% · United Kingdom · Holding company
   4. Med Imaging Healthcare Limited 100% · United Kingdom · Service and maintenance of medical equipment

Significant events

• “Revenue in the 12-months ended 31 December 2024 decreased by £0.5m or 1.8% on the previous period. Gross profit margins have fallen slightly from 50.9% to 49.5% due to inflationary cost pressures.”
• “Administrative expenses in FY2024 have increased by £332,445 (2.4%) from the prior year, driven by inflationary pressure on costs.”
• “After the full integration of MIH during FY2024, the focus is to grow the topline organically through new initiatives especially within the Radiology and Ultrasound sectors.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.