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Practice Plus Group Urgent Care Limited

05232967

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

GROUND FLOOR, 1330 ARLINGTON BUSINESS PARK, READING, RG7 4SA
Incorporated 16/09/2004

Compliance

Last accounts

30/09/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

86210
General medical practice activities

Officers

Mr James William Easton

director · Since 01/02/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 25 other boards

Mr Lee Stafford Gage

secretary · Since 14/04/2021

Mr Colman Moher

director · Since 03/05/2023

CHIEF FINANCIAL OFFICER

IRISH · ENGLAND · Age 57

Also on 9 other boards

Mrs Joanna Elizabeth Spiers

director · Since 30/04/2026

BRITISH · ENGLAND · Age 49

Also on 19 other boards

Persons with Significant Control

Practice Plus Group Urgent Care Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Hawker House, Napier Road, Reading, RG1 8BW

Reg: 05743495 · Uk Companies House · Private Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

GLAS TRUST CORPORATION LIMITED (AS THE SECURITY AGENT)

Created 17/01/2023Registered 23/01/2023
Charge
satisfied

ING BANK N.V., LONDON BRANCH

Created 26/09/2014Registered 30/09/2014Satisfied 16/03/2021
charge
satisfied

ING BANK N.V., LONDON BRANCH (AS SECURITY AGENT)

Created 27/11/2012Registered 03/12/2012Satisfied 19/01/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/07/2005Registered 16/07/2005Satisfied 13/04/2013

CompanyRankvs 155570+ SIC 86210 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - assess the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and - use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, or have no

Key FinancialsYear ending 30/09/2019

Turnover

£77.3M

Annual revenue

Net Worth

-£12.6M

Balance sheet strength

Cash

£4.4M

Cash in the bank

Profit Before Tax

-£7.7M

Bottom line earnings

Net Current Assets

-£13.7M

Working capital

Current Assets

£9.6M

Current Liabilities

£23.4M

Fixed Assets

£3.2M

Debtors

£5.2M

Cost of Sales

£57.7M

Gross Profit

£19.6M

Admin Expenses

£27.3M

Operating Profit

-£7.8M

Profit After Tax

-£7.7M

2018avg. employees

People Costs

Wages & salaries£39.4M
NI contributions£3.6M

Balance Sheet

Assets less current liabilities-£10.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20190.41

Derived from filed accounts. Not audited figures.