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Treatment Direct Limited

10237960

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

UNIT 1, 1ST FLOOR, BOREHAMWOOD, WD6 1JN
Incorporated 17/06/2016

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

On track

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Mr Daniel Gerrard

director · Since 28/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 16 other boards

Mrs Susan Catherine Davis

director · Since 22/08/2024

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 12 other boards

Persons with Significant Control

Panacea Bidco Limited

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

110, Wigmore Street, London, W1U 3RW

Reg: 15541723 · Companies House · Limited Company

Notified 06/09/2024

Former PSCs

Uk Addiction Treatment Group Limited

Ceased 06/09/2024

Charges3 outstanding

Charge
outstanding

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PANACEA TOPCO LIMITED

Created 06/09/2024Registered 09/09/2024
Charge
outstanding

PANACEA TOPCO LIMITED

Created 06/09/2024Registered 09/09/2024
Charge
satisfied

GLAS TRUST CORPORATION LIMITED AS SECURITY AGENT

Created 29/03/2022Registered 05/04/2022Satisfied 11/09/2024
Charge
satisfied

GLAS TRUST CORPORATION LTD AS SECURITY AGENT

Created 18/01/2022Registered 23/01/2022Satisfied 11/09/2024
Charge
satisfied

METROPOLITAN PARTNERS GROUP ADMINISTRATION LLC (AS SECURITY AGENT)

Created 16/02/2021Registered 01/03/2021Satisfied 11/09/2024
Charge
satisfied

METROPOLITAN PARTNERS GROUP ADMINISTRATION, LLC (THE “SECURITY AGENT�)

Created 02/10/2020Registered 08/10/2020Satisfied 11/09/2024
Charge
satisfied

METROPOLITAN PARTNERS GROUP ADMINISTRATION, LLC (THE “SECURITY AGENT�)

Created 17/09/2020Registered 22/09/2020Satisfied 11/09/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/08/2017Registered 08/08/2017Satisfied 13/05/2020

CompanyRankvs 660+ SIC 87200 peers
65

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.48× · 20/20
Longevity10 years trading (max 15) · 10/15
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.

Liquidity20/20 pts

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

Longevity10/15 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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£23k

Cash in the bank

Profit Before Tax

£1.4M

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£2.9M

Current Liabilities

£1.2M

Fixed Assets

£3.4M

Debtors

£2.9M

Admin Expenses

£1.7M

Profit After Tax

£1.1M

64avg. employees-12

Tax at Year End

Corp tax£303k
Dividends paid£6.0M

People Costs

Wages & salaries£1.5M

Balance Sheet

Intangible assets£575k
Assets less current liabilities£5.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.48+£0
202313.28+£0
202216.13+£0
20215.58+£0
20201.97
20199.87

Derived from filed accounts. Not audited figures.