GE HEALTHCARE FINANCIAL SERVICES LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-25 (in 1mo)
Last made up 2025-06-11
Watchouts
None on the register
Cash
£137K
Latest balance sheet
Net assets
£73M
+6.3% vs 2023
Employees
5
0% vs 2023
Profit before tax
£4M
+28.7% vs 2023
Name history
Renamed 6 times since incorporation
- GE HEALTHCARE FINANCIAL SERVICES LTD 2023-11-16 → present
- GE CAPITAL EQUIPMENT FINANCE LTD 1998-01-12 → 2023-11-16
- GE CAPITAL PALLAS LTD 1997-05-09 → 1998-01-12
- PALLAS SERVICES LTD. 1994-05-03 → 1997-05-09
- PALLAS RENTALS LTD. 1989-01-11 → 1994-05-03
- PALLAS LEASING LTD 1984-01-25 → 1989-01-11
- BRITISH INDUSTRIAL CORPORATION (INVESTMENTS) (NUMBER 2) LIMITED 1973-03-19 → 1984-01-25
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £7,614,000 | £7,318,000 | |
| Operating profit | £2,948,000 | £3,782,000 | |
| Profit before tax | £3,148,000 | £4,053,000 | |
| Net profit | £3,132,000 | £4,310,000 | |
| Cash | — | £137,000 | |
| Total assets less current liabilities | £69,043,000 | £72,703,000 | |
| Net assets | £68,393,000 | £72,703,000 | |
| Equity | £68,393,000 | £72,703,000 | |
| Average employees | 5 | 5 | |
| Wages | £358,000 | £380,000 |
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 | 38.7% | 51.7% | |
| Net margin | 41.1% | 58.9% | |
| Return on capital employed | 4.3% | 5.2% | |
| Current ratio | -15.10x | -35.19x | |
| Interest cover | 5.76x | 6.14x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has net assets of £72,703,000 as at 31 December 2024 (2023: £68,393,000) and a profit for the year ended of £4,310,000 (2023: £3,132,000). Based on this position the financial statements have been prepared on a going concern basis which the directors consider to be appropriate. The directors have performed a going concern assessment for a period of 12 months from the date of approval of these financial statements, also considering events reasonably foreseeable beyond this horizon, which indicates that, in light of the company's ability to access the GE HealthCare group's cash pool facility if required, the company will have sufficient funds to meet its liabilities as they fall due for that period.. The directors are confident that the company will have sufficient funds to continue in operational existence for at least 12 months from the date of approval of these financial statements and they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “There have been no significant post balance sheet events affecting the company since the year end which require disclosure in or amendment to the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 66 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2019-10-04 | — | — |
| DEIGHTON, Christopher | Director | 2019-04-12 | Dec 1970 | British |
| JESSERNIGG, Max | Director | 2019-11-18 | Nov 1974 | Austrian |
Show 66 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABBOTT, Courtenay | Secretary | 2012-09-19 | 2014-11-18 |
| COLLINS, John Wilfred James | Secretary | 1995-03-10 | 1995-05-25 |
| DIXON, Susan Elizabeth | Secretary | 1994-03-24 | 1994-10-18 |
| EARLE, Richard Herbert David | Secretary | 1995-05-25 | 1997-01-31 |
| ESSEX, Alicia | Secretary | 2002-03-19 | 2012-09-07 |
| FRENCH, Ann | Secretary | 2011-06-14 | 2017-06-30 |
| GREGORY, Janet Ailsa | Secretary | 1997-02-03 | 2002-03-19 |
| KIES, Rhoda Elizabeth | Secretary | — | 1992-09-24 |
| MARSHALL, Ian Bruce | Secretary | 1994-10-18 | 1995-03-10 |
| MARSHALL, Ian Bruce | Secretary | 1992-09-24 | 1994-03-24 |
| PEERMOHAMED, Zahra | Secretary | 2014-11-18 | 2016-06-22 |
| ALLBROOK, John Richard | Director | 1999-03-23 | 2003-10-31 |
| ATKINSON, Nina Mary | Director | 2017-04-25 | 2020-12-14 |
| BABER, Jeremy David | Director | 2005-11-25 | 2008-04-21 |
| BEEVER, David Milton Maxwell | Director | — | 1995-03-10 |
| BERNHARD, Christian | Director | 2019-04-12 | 2021-03-04 |
| BRADY, Joseph Gerard | Director | 1995-03-28 | 1996-11-06 |
| BRAMHALL, John Robert | Director | — | 2001-02-23 |
| BRYNIE, Kevin Lloyd | Director | 2002-03-19 | 2004-11-15 |
| CHESHIRE, Andrew | Director | — | 2000-06-30 |
| D'UVA, Gabriele | Director | 2014-09-30 | 2016-12-23 |
| DHALIWAL, Harminder | Director | 2002-03-19 | 2003-10-31 |
| EARLE, Richard Herbert David | Director | — | 1996-10-05 |
| ELLIS, Christopher | Director | 1997-03-14 | 2000-07-26 |
| EVANS, Alan | Director | 2016-12-23 | 2019-11-18 |
| FARRELL, Lisa Mary | Director | 2014-09-30 | 2020-09-23 |
| FIELDEN, David Shaw | Director | — | 2000-03-15 |
| FITZPATRICK, Hugh Alan Taylor | Director | 2009-06-19 | 2014-09-30 |
| FORD, Toby Duncan | Director | 2010-01-12 | 2011-01-14 |
| GANE, Peter Anthony | Director | — | 2003-01-30 |
| GIRARD, Sylvain Andre | Director | 2002-11-06 | 2007-03-26 |
| GREEN, Richard William | Director | 2007-05-17 | 2009-06-19 |
| GREEN, Richard William | Director | 2000-06-30 | 2002-03-19 |
| GREEN, Robert | Director | 2001-11-22 | 2002-11-06 |
| GREGORY, Janet Ailsa | Director | 1998-01-16 | 2002-03-19 |
| GREY, Stephen Martin | Director | — | 1998-01-05 |
| HAINES, Helen Claire | Director | 2004-11-15 | 2005-07-12 |
| HANCOCK, Paul William | Director | — | 1999-03-23 |
| HARDWICK, Michael Robert | Director | — | 1992-10-30 |
| HURST, Martin Peter | Director | 2006-09-05 | 2007-08-10 |
| HURST, Tiffany | Director | 2003-10-31 | 2007-03-26 |
| JENKINS, John Michael | Director | 2009-06-19 | 2013-03-15 |
| JURRIES, Donald Lewis | Director | 2000-07-26 | 2001-11-22 |
| KHOURY, Antoine Elias | Director | — | 1993-07-09 |
| KRAVOS-MEDIMOREC, Anita | Director | 2016-12-07 | 2018-08-31 |
| LOMAS, Paul John | Director | 2008-02-01 | 2009-06-19 |
| MAYCOCK, Jonathan | Director | 2011-04-15 | 2013-04-30 |
| MCCLELLAND, Lynn Fiona | Director | 2005-07-25 | 2006-11-01 |
| MCGIBBON, William Hall | Director | 2008-06-20 | 2011-09-30 |
| MCNAMARA, Mary Jane | Director | 2000-03-15 | 2002-03-19 |
| MILLARD, Darren Mark | Director | 2010-01-12 | 2014-09-30 |
| MORRIS, Gavin Peter | Director | 2016-07-04 | 2017-04-28 |
| MORRIS, Gavin Peter | Director | 2003-01-30 | 2004-03-17 |
| NAGARAJAN, Sriram | Director | 2004-03-17 | 2007-05-17 |
| ORYSCHUK, Roman | Director | 2003-02-25 | 2007-03-26 |
| PETTIFER, Russell Charles | Director | 1996-10-04 | 2001-03-16 |
| RENDELL, David Richard | Director | 2007-11-19 | 2009-06-19 |
| RENDELL, David Richard | Director | 2001-01-16 | 2002-03-19 |
| ROBINSON, Alistair James | Director | 2007-05-17 | 2008-03-20 |
| SARGENT, Steven Andrew | Director | 2002-03-19 | 2003-02-25 |
| SOMPER, Jonathan | Director | 2005-07-12 | 2005-11-25 |
| STEWART-ROBERTS, Andrew Kerr | Director | — | 1992-09-24 |
| TORRANCE, Robert William | Director | 2001-10-04 | 2005-08-26 |
| TRUDGEON, Simon John | Director | 2005-07-12 | 2006-09-15 |
| UNAL, Salih | Director | 2014-09-30 | 2016-04-14 |
| VILLAMULTEDO, Massimo | Director | 2006-01-23 | 2008-06-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ge Healthcare Technologies Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-01-04 | Active |
| General Electric Company | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-03-25 | Ceased 2023-01-04 |
| Ge Capital International Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-11-23 | Ceased 2019-03-25 |
| Ge Capital Equipment Finance Holdings | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-11-23 |
Filing timeline
Last 20 of 312 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-16 CERTNM Certificate change of name company PDF
- 2022-11-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-07 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-20 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-21 | AA | accounts | Accounts with accounts type full | |
| 2023-11-16 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-11-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-24 | AD02 | address | Change sail address company with old address new address | |
| 2023-02-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-02-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-02-03 | AA | accounts | Accounts with accounts type full | |
| 2022-11-07 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-11-07 | CAP-SS | insolvency | Legacy | |
| 2022-11-07 | SH20 | capital | Legacy | |
| 2022-11-07 | RESOLUTIONS | resolution | Resolution | |
| 2022-10-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-06-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
-3.9%
£7,614,000 £7,318,000
-
Cash
—
Not reported
-
Net assets
+6.3%
£68,393,000 £72,703,000
-
Employees
0%
5 5
-
Operating profit
+28.3%
£2,948,000 £3,782,000
-
Profit before tax
+28.7%
£3,148,000 £4,053,000
-
Wages
+6.1%
£358,000 £380,000
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