MAYO CLINIC HEALTHCARE LLP
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Cash
£600K
-39.4% lowest in 3 filed years
Net assets
-£26M
+3.2% vs 2024
Employees
68
+19.3% highest in 3 filed years
Profit before tax
—
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The LLP has net current liabilities of £692,211 (2024: £474,271) and generated a net loss of £8,132,162 (2024: £9,959,653) during the year. In light of the current economic environment, the Members are confident that the LLP will continue to receive support from its parent undertaking, Mayo Clinic, to cover operating losses and enabling the LLP to meet its liabilities as they fall due for a period of at least 12 months from the signing date of these financial statements.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Unclassified median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £6,168,053 | £6,655,230 | £7,735,809 | +16.2% | |
| Operating profit | -£6,538,107 | -£8,357,630 | -£6,565,835 | +21.4% | |
| Profit before tax | -£8,184,129 | -£9,959,653 | — | — | |
| Net profit | -£8,184,129 | -£9,959,653 | -£8,132,162 | +18.3% | |
| Cash | £9,730,910 | £989,995 | £599,767 | -39.4% | |
| Total assets less current liabilities | £8,307,963 | -£474,271 | -£692,211 | -46% | |
| Net assets | -£19,304,760 | -£27,199,413 | -£26,331,575 | +3.2% | |
| Equity | — | — | — | — | |
| Average employees | 51 | 57 | 68 | +19.3% | |
| Wages | £3,396,511 | £3,314,647 | £3,450,010 | +4.1% | |
| Members' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -106.0% | -125.6% | -84.9% | |
| Net margin | -132.7% | -149.7% | -105.1% | |
| Return on capital employed | -78.7% | — | — | |
| Gearing (liabilities / total assets) | 271.9% | 1079.6% | 1156.5% | |
| Current ratio | 8.08x | 0.85x | 0.78x | |
| Interest cover | -3.97x | -5.09x | -4.04x |
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 3 times since incorporation
- MAYO CLINIC HEALTHCARE LLP 2020-05-13 → present
- MAYO CLINIC LONDON LLP 2020-04-22 → 2020-05-13
- MAYO CLINIC HEALTHCARE IN PARTNERSHIP WITH OXFORD UNIVERSITY CLINIC LLP 2018-03-20 → 2020-04-22
- OM TOWER LLP 2017-09-14 → 2018-03-20
Audit & accounting basis
- Accounting basis
- IFRS
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The LLP has net current liabilities of £692,211 (2024: £474,271) and generated a net loss of £8,132,162 (2024: £9,959,653) during the year. In light of the current economic environment, the Members are confident that the LLP will continue to receive support from its parent undertaking, Mayo Clinic, to cover operating losses and enabling the LLP to meet its liabilities as they fall due for a period of at least 12 months from the signing date of these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAYO CLINIC (UK) 2 LTD | Corporate LLP Designated Member | 2020-03-17 | — | — |
| MAYO CLINIC (UK) LTD | Corporate LLP Designated Member | 2017-09-14 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PROJECT TOWER INVESTMENT SUB LLP | Corporate LLP Designated Member | 2017-09-14 | 2020-03-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Project Tower Investment Sub Llp | Corporate entity | Voting 25–50% (LLP), Surplus assets 25–50% (LLP) | 2017-09-14 | Ceased 2020-03-17 |
| Mayo Clinic (Uk) Ltd | Corporate entity | Voting 75–100% (LLP) | 2017-09-14 | Active |
Filing timeline
Last 20 of 36 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-15 | AA | accounts | Accounts with accounts type full | |
| 2025-09-22 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-05-16 | LLAD01 | address | Change registered office address limited liability partnership with date old address new address | |
| 2024-09-25 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-05 | AA | accounts | Accounts with accounts type full | |
| 2023-10-30 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-23 | AA | accounts | Accounts with accounts type full | |
| 2022-09-13 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-08 | AA | accounts | Accounts with accounts type full | |
| 2021-09-14 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-17 | ANNOTATION | miscellaneous | Legacy | |
| 2021-03-17 | ANNOTATION | miscellaneous | Legacy | |
| 2021-03-17 | ANNOTATION | miscellaneous | Legacy | |
| 2021-03-17 | ANNOTATION | miscellaneous | Legacy | |
| 2021-03-17 | ANNOTATION | miscellaneous | Legacy | |
| 2021-03-17 | ANNOTATION | miscellaneous | Legacy | |
| 2021-03-16 | AA | accounts | Accounts with accounts type full | |
| 2020-10-23 | LLCS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.