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Practice Plus Group Primary Care Limited

11078321

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

GROUND FLOOR, 1330 ARLINGTON BUSINESS PARK, READING, RG7 4SA
Incorporated 23/11/2017

Compliance

Last accounts

30/09/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

86220
Specialist medical practice activities

Officers

Mr James William Easton

director · Since 23/11/2017

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 Holdings Limited

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

Hawker House, 5-6 Napier Court, Reading, RG1 8BW

Reg: 10787931 · Uk Companies House · Private Limited Company

Notified 23/11/2017

Charges0 outstanding

Charge
satisfied

HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED

Created 24/04/2019Registered 25/04/2019Satisfied 31/10/2019

CompanyRankvs 620+ SIC 86220 peers
74

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.87× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Longevity9/15 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

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

£10.1M

Annual revenue

Net Worth

£1.5M

Balance sheet strength

Cash

£500k

Cash in the bank

Profit Before Tax

£164k

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£2.7M

Current Liabilities

£953k

Fixed Assets

£300k

Debtors

£2.2M

Cost of Sales

£6.4M

Gross Profit

£3.8M

Admin Expenses

£3.5M

Operating Profit

£264k

Profit After Tax

£158k

154avg. employees

Tax at Year End

Corp tax£11k

People Costs

Wages & salaries£3.5M
NI contributions£347k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20192.87

Derived from filed accounts. Not audited figures.