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Health Economics And Outcomes Research Ltd

07532879

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

RHYMNEY HOUSE UNIT A, COPSE WALK, CARDIFF GATE BUSINESS PARK, CARDIFF, CF23 8RB
Incorporated 17/02/2011

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

70229
Management consultancy activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Dr Philip Christopher Mcewan

director · Since 17/02/2011

HEALTH ECONOMIST

BRITISH · WALES · Age 60

Mr Eamus James Halpin

director · Since 18/12/2023

MANAGEMENT CONSULTANT

IRISH · ENGLAND · Age 61

Also on 2 other boards

Mr Joseph Francis Holmes

director · Since 18/12/2023

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 70

Also on 4 other boards

Persons with Significant Control

Heor Holdings Limited

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

Rhymney House, Unit A, Copse Walk, Cardiff, CF23 8RB

Reg: 11149271 · United Kingdom · Companies House

Notified 16/02/2023

Former PSCs

Dr Philip Christopher Mcewan

Ceased 16/02/2023

Charges3 outstanding

Charge
outstanding

DBW INVESTMENTS (3) LIMITED

Created 27/03/2026Registered 07/04/2026
Charge
outstanding

LLOYDS BANK PLC

Created 05/06/2023Registered 15/06/2023
Charge
outstanding

INVESTEC CAPITAL SOLUTIONS LIMITED

Created 14/03/2023Registered 15/03/2023

CompanyRankvs 4971+ SIC 70229 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.28× · 12/20
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 strength25/25 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.

Liquidity12/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£12.2M

Annual revenue

Net Worth

£2.2M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Profit Before Tax

£822k

Bottom line earnings

Net Current Assets

£963k

Working capital

Current Assets

£4.5M

Current Liabilities

£3.5M

Fixed Assets

£1.8M

Debtors

£2.2M

Cost of Sales

£1.7M

Gross Profit

£10.6M

Admin Expenses

£9.7M

Operating Profit

£903k

Profit After Tax

£646k

116avg. employees

Tax at Year End

Corp tax£143k
Dividends paid-£519k

People Costs

Wages & salaries£6.5M
NI contributions£678k

Balance Sheet

Intangible assets£1.3M
Bank loans & overdrafts£116k
Assets less current liabilities£2.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28+£113k
20241.47+£49k
20231.42-£749k
2022-£572k
20212.64+£909k
20205.04+£211k
20192.97

Derived from filed accounts. Not audited figures.