JWANENG HOLDING LTD

• ⚠

  Material uncertainty over going concern

  The director has concluded that the forecasted breach of the bank loan covenant and the fall in revenue as a result of the NHS reducing the use of agency staff represent a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.

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

  -53.2%

  £27,062,533 → £12,658,079

• Cash

  -82.5%

  £5,373,799 → £939,041

• Net assets

  -88.5%

  £13,791,236 → £1,583,406

• Employees

  -31.6%

  79 → 54

• Operating profit

  -38.9%

  -£8,605,160 → -£11,949,991

• Profit before tax

  -32.4%

  -£9,116,832 → -£12,074,046

• Wages

  -31.2%

  £3,875,775 → £2,667,357

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

FRS 102

Reporting scope

Consolidated group

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The director has concluded that the forecasted breach of the bank loan covenant and the fall in revenue as a result of the NHS reducing the use of agency staff represent a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. JWANENG HOLDING LTD · parent
   1. Ermelo Parent Limited 100%
   2. Medgen Limited 100%
   3. MCS Healthcare Limited 100%
   4. Medgen Healthcare Ireland Limited 100% · Ireland

Significant events

• “There have been no significant events affecting the Group and the Company since the period end.”

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

Filings

3

last 12 months

Capital events

2

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.