INNOVATE HEALTHCARE SERVICES LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-03 (in 2mo)
Last made up 2025-06-19
Watchouts
None on the register
Cash
£24M
-36.7% vs 2024
Net assets
£25M
-30.9% vs 2024
Employees
174
+4.8% vs 2024
Profit before tax
£2M
-30.7% vs 2024
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £27,708,932 | £26,749,067 | |
| Operating profit | £2,315,800 | £972,605 | |
| Profit before tax | £3,078,750 | £2,133,879 | |
| Net profit | £2,331,228 | £1,587,751 | |
| Cash | £38,686,725 | £24,494,133 | |
| Total assets less current liabilities | £42,686,357 | £31,244,586 | |
| Net assets | £35,662,828 | £24,637,579 | |
| Equity | £35,662,828 | £24,637,579 | |
| Average employees | 166 | 174 | |
| Wages | £7,502,482 | £8,385,551 | |
| Directors' remuneration | £229,483 | £217,199 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-3.5%
£27,708,932 £26,749,067
-
Cash
-36.7%
£38,686,725 £24,494,133
-
Net assets
-30.9%
£35,662,828 £24,637,579
-
Employees
+4.8%
166 174
-
Operating profit
-58%
£2,315,800 £972,605
-
Profit before tax
-30.7%
£3,078,750 £2,133,879
-
Wages
+11.8%
£7,502,482 £8,385,551
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 8.4% | 3.6% | |
| Net margin | 8.4% | 5.9% | |
| Return on capital employed | 5.4% | 3.1% | |
| Current ratio | 3.46x | 2.62x | |
| Interest cover | 9.00x | 4.07x |
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.
Name history
Renamed 1 time since incorporation
- INNOVATE HEALTHCARE SERVICES LIMITED 2021-03-18 → present
- PURSUE HEALTHCARE LIMITED 2020-06-20 → 2021-03-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Following a review of forecasts the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and at least the next twelve months from signing the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the directors' report and financial statements.”
Group structure
- INNOVATE HEALTHCARE SERVICES LIMITED · parent
- SWFT Clinical Services Limited
Significant events
- “On 15 April 2025 the company passed a resolution to reduce the issued share capital by 6,669,000 ordinary shares at £1 each and repaid the holder of those shares.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAMBERT, Margaret Elizabeth | Secretary | 2020-06-20 | — | — |
| BLACKLAY, Jayne Mary | Director | 2020-06-20 | Jun 1964 | British |
| GRAFTON, Hayley Valerie | Director | 2025-06-09 | Aug 1982 | British |
| KHAN, Haqnawaz | Director | 2024-04-01 | Nov 1970 | British |
| LEAVITT, Helen | Director | 2022-10-01 | Jun 1981 | British |
| MILMAN, Dan | Director | 2023-06-01 | Jul 1976 | British |
| SNEAD, Robin John | Director | 2025-11-01 | Dec 1973 | British |
| TIMMS, Kevin John | Director | 2023-04-18 | Feb 1963 | British |
| WHITE, David William, Dr | Director | 2025-06-09 | Feb 1965 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOORMAN, Anthony John | Director | 2020-06-20 | 2025-03-31 |
| CARSON, Adam | Director | 2022-04-01 | 2023-03-31 |
| JOHNS, Richard Philip Brian | Director | 2023-04-01 | 2023-06-01 |
| LAVERICK, Andrew | Director | 2020-06-20 | 2022-06-27 |
| MOON, David James | Director | 2020-06-20 | 2023-12-31 |
| NIC PHILIB, Gertrude | Director | 2022-04-01 | 2024-03-31 |
| PHALP, Charles George Anderson, Dr | Director | 2020-06-20 | 2022-04-01 |
| POPE, Ann Elizabeth | Director | 2020-11-26 | 2021-05-28 |
| PRICE-FORBES, Alec Nicholas, Dr | Director | 2022-07-01 | 2024-09-30 |
| SEIGIES, Harkamal Kaur | Director | 2024-04-01 | 2025-10-30 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 67 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-15 RESOLUTIONS Resolution
- 2024-09-25 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-12 | AA | accounts | Accounts with accounts type full | |
| 2026-04-01 | SH01 | capital | Capital allotment shares | |
| 2025-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-15 | CH01 | officers | Change person director company with change date | |
| 2025-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-15 | CAP-SS | insolvency | Legacy | |
| 2025-04-15 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-04-15 | SH20 | capital | Legacy | |
| 2025-04-15 | CAP-SS | insolvency | Legacy | |
| 2025-04-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-07 | SH01 | capital | Capital allotment shares | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2025-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-09-25 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 5
- Officers appointed
- 3
- 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.