PAM HEALTHCARE LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-13 (in 1mo)
Last made up 2025-05-30
Watchouts
Cash
£447K
-40.4% vs 2023
Net assets
-£1M
-148.7% lowest in 4 filed years
Employees
852
+8.5% highest in 4 filed years
Profit before tax
-£4M
-75.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £51,765,477 | £62,629,472 | |
| Operating profit | — | — | — | — | £284,231 | -£811,280 | |
| Profit before tax | — | — | — | — | -£2,157,624 | -£3,785,800 | |
| Net profit | -£891,582 | — | -£1,870,276 | — | £598,216 | -£3,510,355 | |
| Cash | — | — | — | — | £748,823 | £446,508 | |
| Total assets less current liabilities | — | — | £19,827,571 | — | £28,881,439 | £27,151,878 | |
| Net assets | £3,350,084 | — | £1,479,808 | — | £2,726,292 | -£1,328,433 | |
| Equity | £3,350,084 | £3,350,084 | £1,479,808 | £1,479,808 | £2,726,292 | -£1,328,433 | |
| Average employees | 0 | — | 0 | — | 785 | 852 | |
| Wages | £0 | — | — | — | £24,370,577 | £29,575,071 | |
| Directors' remuneration | — | — | — | — | £436,695 | £504,804 |
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 2024-12-31 vs 2023-12-31
-
Turnover
+21%
£51,765,477 £62,629,472
-
Cash
-40.4%
£748,823 £446,508
-
Net assets
-148.7%
£2,726,292 -£1,328,433
lowest in 4 filed years
-
Employees
+8.5%
785 852
highest in 4 filed years
-
Operating profit
-385.4%
£284,231 -£811,280
-
Profit before tax
-75.5%
-£2,157,624 -£3,785,800
-
Wages
+21.4%
£24,370,577 £29,575,071
highest in 3 filed years
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 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 0.5% | -1.3% | |
| Net margin | — | — | — | — | 1.2% | -5.6% | |
| Return on capital employed | — | — | — | — | 1.0% | -3.0% | |
| Current ratio | — | — | — | — | 1.23x | 1.40x | |
| Interest cover | — | — | — | — | 0.12x | -0.27x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- WR Partners
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving these financial statements, the Directors have a strong expectation and confidence that the Company has the necessary resources to continue in operational existence for the foreseeable future. This confidence is supported by the Group's robust cash flow generation during the current year and the anticipation of sustained profitability into FY26.”
Group structure
- PAM HEALTHCARE LIMITED · parent
- People Asset Management Group Limited 100%
- People Asset Management Ltd 100%
- PAM Wellbeing Limited 100%
- Sankey Health Limited 100%
- PAM Wellness Limited 100%
- Computercare 2000 Limited 100%
- PAM Health Limited 100%
- Physio Supplies Limited 100%
- Premier Occupational Healthcare Limited 100%
- People Asset Management Recruitment Limited 100%
- 66Fit Limited 100%
- MedProtect Limited 100%
- Ivorhall Limited 100%
- Shelomar Occupational Medicine Limited 100%
- EHA Corporate Limited 100%
- EHA Limerick Limited 100%
Significant events
- “The acquisition of Corporate Health Ireland was fully integrated during the year.”
- “The acquisition of Connect Physio Services in 2023 was fully integrated.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MABBOTT, Benjamin Albert | Secretary | 2026-03-26 | — | — |
| BONES, Andrew Stephen | Director | 2022-12-06 | Feb 1978 | British |
| GILES, Heidi Samsara | Director | 2026-03-26 | Sep 1978 | British |
| KINGSHOTT, Lee James | Director | 2021-06-25 | Oct 1964 | British |
| O'SHEA, Nicola Jane | Director | 2021-06-25 | Jul 1977 | British |
| THOMAS, Jonathan David | Director | 2026-03-26 | Aug 1986 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FOSTER, Philip Joseph | Director | 2021-06-25 | 2022-05-31 |
| GILLIS, Ian Francis | Director | 2025-12-22 | 2026-03-26 |
| IBBETT, Richard Michael Allan | Director | 2021-06-25 | 2026-03-26 |
| IHLENFELDT, Kerry-Dene | Director | 2021-06-25 | 2023-06-15 |
| MUNDAY, Caroline Louise | Director | 2021-06-25 | 2022-02-08 |
| MURPHY, James Dalziel | Director | 2021-06-15 | 2025-01-08 |
| PARKER, Andrew George | Director | 2021-06-25 | 2024-09-23 |
| POWELL, Robin Clive | Director | 2023-01-31 | 2026-03-26 |
| RIGG, Christian Alexander | Director | 2024-09-23 | 2026-04-24 |
| UL-HAQ, Aziz | Director | 2021-06-25 | 2023-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Optima Health Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-03-26 | Active |
| Ldc (Nominees) Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2021-06-25 | Ceased 2026-03-26 |
| Mr James Dalziel Murphy | Individual | Shares 25–50%, Voting 50–75%, Appoints directors | 2021-06-15 | Ceased 2025-05-09 |
Filing timeline
Last 20 of 56 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-25 MA Memorandum articles
- 2026-04-25 RESOLUTIONS Resolution
- 2025-06-30 MA Memorandum articles
- 2025-06-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-25 | MA | incorporation | Memorandum articles | |
| 2026-04-25 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-09 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-31 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-12-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2025-06-30 | MA | incorporation | Memorandum articles | |
| 2025-06-30 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-24 | SH01 | capital | Capital allotment shares | |
| 2025-06-24 | SH01 | capital | Capital allotment shares | |
| 2025-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 2
- Officers appointed
- 3
- Officers resigned
- 4
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.