RENAL HEALTH ORGANISATION UK LIMITED

• ⚠

  Material uncertainty over going concern

  As of 31st December 2024, the group's total net liabilities were £8,837,474 (2023: £9,174,105), showing a slight decrease from the prior year. The group also reported loss of £3,131,989 before taxes for the year 2024, in contrast to the profit before tax of £1,314,567 that was recorded in 2023. The company's negative equity position is attributed to the significant losses that accumulated in previous periods, particularly during the business downturn caused by the COVID-19 pandemic. The above factors create a material uncertainty as to the ability of the Group to repay its debts as they fall due. This risk is mitigated by the fact that the majority of the Group's debts are long term shareholder's loans whose maturity can be easily extended.

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

  -46.8%

  £23,411,045 → £12,446,828

• Cash

  -29.1%

  £4,744,965 → £3,363,159

• Net assets

  +3.7%

  -£9,174,105 → -£8,837,474

• Employees

  -91.9%

  676 → 55

• Operating profit

  -194.3%

  £1,421,177 → -£1,340,034

• Profit before tax

  -338.3%

  £1,314,567 → -£3,131,989

• Wages

  -53%

  £7,252,393 → £3,409,054

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Zenith Audit Ltd

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As of 31st December 2024, the group's total net liabilities were £8,837,474 (2023: £9,174,105), showing a slight decrease from the prior year. The group also reported loss of £3,131,989 before taxes for the year 2024, in contrast to the profit before tax of £1,314,567 that was recorded in 2023. The company's negative equity position is attributed to the significant losses that accumulated in previous periods, particularly during the business downturn caused by the COVID-19 pandemic. The above factors create a material uncertainty as to the ability of the Group to repay its debts as they fall due. This risk is mitigated by the fact that the majority of the Group's debts are long term shareholder's loans whose maturity can be easily extended.”

Group structure

1. RENAL HEALTH ORGANISATION UK LIMITED · parent
   1. DMK LLC (Dalnevostochnaya Medical Centre LLC) 100% · Russia · supply of dialysis equipment and consumables and the provision of dialysis treatments
   2. Baikal Medical Company LLC 99% · Russia · supply of dialysis equipment and consumables and the provision of dialysis treatments
   3. Agidel Medical Centre LLC 80% · Russia · supply of dialysis equipment and consumables and the provision of dialysis treatments
   4. Nephrology & Dialysis Centre LLC 80% · Russia · supply of dialysis equipment and consumables and the provision of dialysis treatments
   5. Everest LLC 100% · Russia · supply of dialysis equipment and consumables and the provision of dialysis treatments
   6. Dr Nefro LLC 80% · Russia · supply of dialysis equipment and consumables and the provision of dialysis treatments
   7. Medcom LLC 100% · Russia · supply of dialysis equipment and consumables and the provision of dialysis treatments

Significant events

• “The ongoing military discord in Ukraine persisted into 2024 and 2025.”
• “On 17 June 2024, the Group disposed of the controlling interest in the below subsidiaries; incorporated in the Russian resulting in the loss of control.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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