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First Option Healthcare Limited

09741480

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

NORTH WING , AMP HOUSE 7TH FLOOR, CROYDON, CR0 2LX
Incorporated 20/08/2015

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

70229
Management consultancy activities
86102
Medical nursing home activities

Officers

Ms Rebecca Claire Dobson

director · Since 07/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 7 other boards

Addleshaw Goddard (Scotland) Secretarial Limited

secretary · Since 15/12/2022

BRITISH

Also on 264 other boards

Mr Nikolas Barnes

director · Since 01/10/2023

GROUP SERVICE DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Miss Kim Louise Hetherington

director · Since 01/10/2023

GROUP PAYROLL AND BILLING DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Mr Fraser James Higgs

director · Since 25/03/2026

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Persons with Significant Control

First Option Healthcare Group Limited

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

North Wing, 7th Floor, Amp House, Croydon, CR0 2LX

Reg: 13846284 · Company House · Uk

Notified 09/06/2022

Former PSCs

Mr Fraser James Higgs

Ceased 09/06/2022

Mrs Catherine Malambo Silwimba

Ceased 04/03/2022

Mrs Sarah Higgs

Ceased 01/04/2020

Charges3 outstanding

Charge
outstanding

INVESTEC CAPITAL SOLUTIONS LIMITED

Created 18/06/2024Registered 26/06/2024
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 07/11/2023Registered 08/11/2023Satisfied 13/08/2024
Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 30/06/2023Registered 03/07/2023
Charge
outstanding

CATHERINE SILWIMBA

Created 04/03/2022Registered 07/03/2022
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 03/08/2021Registered 05/08/2021Satisfied 07/03/2023
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/09/2020Registered 25/09/2020Satisfied 07/03/2023
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 12/06/2018Registered 15/06/2018Satisfied 16/04/2021
Charge
satisfied

IGF INVOICE FINANCE LIMITED

Created 29/06/2017Registered 05/07/2017Satisfied 16/04/2021
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 18/12/2015Registered 18/12/2015Satisfied 19/07/2017

CompanyRankvs 15115+ SIC 70229 peers
57

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Longevity11/15 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 31/03/2024

Turnover

£22.7M

Annual revenue

Net Worth

£477k

Balance sheet strength

Cash

£244k

Cash in the bank

Profit Before Tax

£600k

Bottom line earnings

Net Current Assets

£646k

Working capital

Current Assets

£3.1M

Current Liabilities

£2.4M

Fixed Assets

£329k

Debtors

£2.8M

Cost of Sales

£14.7M

Gross Profit

£8.0M

Admin Expenses

£7.4M

Operating Profit

£684k

Profit After Tax

£536k

286avg. employees+67

Tax at Year End

Corp tax£67k
Dividends paid£531k

People Costs

Wages & salaries£11.8M
NI contributions£1.2M

Balance Sheet

Intangible assets£28k
Bank loans & overdrafts£10k
Assets less current liabilities£975k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.27+£5k
20221.27+£424k
20201.00

Derived from filed accounts. Not audited figures.