TRUSTEES OF THE LONDON CLINIC LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-24 (in 11mo)
Last made up 2026-04-10
Watchouts
Cash
£46M
+650% vs 2023
Net assets
£121M
-17.2% vs 2023
Employees
1,287
+0.2% vs 2023
Profit before tax
-£23M
-309.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £173,142,000 | £185,953,000 | |
| Operating profit | -£6,018,000 | -£17,275,000 | |
| Profit before tax | -£5,546,000 | -£22,703,000 | |
| Net profit | -£5,546,000 | -£22,703,000 | |
| Cash | £6,110,000 | £45,824,000 | |
| Total assets less current liabilities | £206,740,000 | £240,841,000 | |
| Net assets | £145,708,000 | £120,685,000 | |
| Equity | £145,708,000 | £120,685,000 | |
| Average employees | 1,285 | 1,287 | |
| Wages | £65,402,000 | £68,647,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.5% | -9.3% | |
| Net margin | -3.2% | -12.2% | |
| Return on capital employed | -2.9% | -7.2% | |
| Gearing (liabilities / total assets) | 41.1% | 57.2% | |
| Current ratio | 1.36x | 2.38x | |
| Interest cover | -1.36x | -2.91x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making appropriate enquiries and reviewing the revised financial projections, the Board of Trustees has a reasonable expectation that the hospital has adequate resources to continue in operational existence for the foreseeable future. For this reason, the Board of Trustees continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- TRUSTEES OF THE LONDON CLINIC LIMITED · parent
- TLC Health Concierge Limited 100%
- London Clinic Development Limited 100%
- LC Medical Admin Limited 100%
- TLC OPCO Limited 100%
- LC Medical Services Limited 100%
- TLC Ophthalmology LLP 57.5%
Significant events
- “On 19 November 2024, we announced a ground-breaking strategic international healthcare collaboration with Northwestern Medicine, a leading U.S. based academic healthcare organisation.”
- “The official opening of the Rapid Diagnostics Centre was held on 14 March 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOLTBY, Georgina | Secretary | 2017-11-08 | — | — |
| BUSSEY, Michael Adrian | Director | 2024-09-19 | Mar 1959 | British |
| CHANDE, Manish Jayantilal | Director | 2007-08-01 | Feb 1956 | British |
| CHRISMAN, Howard Brett, Dr | Director | 2024-11-13 | Jul 1965 | American |
| DRUMMOND, Lynn, Dr | Director | 2025-05-22 | Aug 1959 | British |
| HARDWICK, Philippa Anne | Director | 2021-07-22 | Jan 1970 | British |
| HOLMES, Claire | Director | 2019-10-24 | Apr 1968 | British |
| KACHMER, Michael James | Director | 2024-11-13 | Mar 1958 | American |
| RICHMAN, Larry Dale | Director | 2024-11-19 | Jun 1952 | American |
| SULLIVAN, Timothy Patrick | Director | 2024-11-13 | Jan 1958 | American |
| WALTERS, Geraldine, Professor | Director | 2023-09-12 | Oct 1956 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARKER, Andrew Peter | Secretary | 2001-03-12 | 2012-05-08 |
| BEATER, Jonathan Robert | Secretary | 1998-12-16 | 2001-03-12 |
| KENT, Richard John | Secretary | — | 1993-12-31 |
| MILLER, Malcolm Paul | Secretary | 1994-01-01 | 1998-12-16 |
| MORRISON, Fiona | Secretary | 2012-11-08 | 2017-11-06 |
| WILLIAMS, Keith Stewart | Secretary | 2012-05-09 | 2012-11-08 |
| ABRAHAMS, Michael David | Director | — | 2012-03-31 |
| BALFOUR, Christopher Roxburgh | Director | 2014-10-29 | 2018-04-24 |
| BIFFEN OF TANAT DL, The Rt Hon The Lord John | Director | 1994-09-06 | 2002-12-18 |
| BROWN, Mark Jeremy | Director | 2016-06-29 | 2017-10-31 |
| BUCHAN, David William Sinclair | Director | — | 1999-01-06 |
| CAVENDISH DUCHESS OF DEVONSHIRE, Amanda Carmen | Director | 1994-12-07 | 2018-04-24 |
| ECCLES OF MOULTON, Diana Catherine, Lady | Director | 2003-07-02 | 2008-12-10 |
| FARNHAM, Barry Owen Somerset, Lord | Director | — | 2001-03-22 |
| GIBBS, Roger Geoffrey, Sir | Director | — | 1993-09-09 |
| GRIBBEN, John, Professor | Director | 2017-02-07 | 2026-02-26 |
| HAGGER, Jonathan Osborne | Director | 2009-03-18 | 2009-10-20 |
| HAMBRO, Richard Alexander | Director | 2000-12-20 | 2009-04-27 |
| KENNEDY, Inga Jane | Director | 2021-04-29 | 2022-11-23 |
| LESLEY MELVILLE, Hamish | Director | 2009-09-16 | 2009-09-16 |
| LESLIE MELVILLE, Ian Hamish, Mr. | Director | 2009-09-16 | 2024-11-19 |
| MAURICE, Clare Mary | Director | 2015-10-27 | 2017-11-23 |
| MELHUISH, Nicholas James Anthony | Director | 2018-01-23 | 2022-08-10 |
| OTTON, Helen Margaret | Director | 2013-09-25 | 2019-12-17 |
| PAINE, Christopher Hammon, Sir | Director | 1999-09-01 | 2009-12-09 |
| PAISNER, Martin David | Director | 2023-05-23 | 2025-11-07 |
| PONSONBY, Rupert Spencer | Director | 1992-12-02 | 2015-12-31 |
| RAMSDEN, James Edward, Rt Honourable | Director | — | 1996-03-31 |
| RUSSELL, Alexander | Director | 2016-04-27 | 2017-09-25 |
| SINCLAIR, Michael Jeffrey, Dr | Director | 2020-02-06 | 2024-06-30 |
| VAZIRANI, Avinash | Director | 2023-11-22 | 2025-11-07 |
| WILLIAMSON, Robin Charles Noel, Professor | Director | 2009-12-09 | 2016-03-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 209 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type group | |
| 2025-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-03 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-03 | MA | incorporation | Memorandum articles | |
| 2024-12-13 | CH01 | officers | Change person director company with change date | |
| 2024-11-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-23 | MA | incorporation | Memorandum articles | |
| 2024-11-23 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-14 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+7.4%
£173,142,000 £185,953,000
-
Cash
+650%
£6,110,000 £45,824,000
-
Net assets
-17.2%
£145,708,000 £120,685,000
-
Employees
+0.2%
1,285 1,287
-
Operating profit
-187.1%
-£6,018,000 -£17,275,000
-
Profit before tax
-309.4%
-£5,546,000 -£22,703,000
-
Wages
+5%
£65,402,000 £68,647,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers