SQUADRON MEDICAL LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.

Accounting basis

FRS 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

KPMG

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. To the best of the Directors' knowledge, the Company will continue in existence for at least 12 months from the date of approval of these financial statements. Accordingly, the going concern basis of preparation remains appropriate.”

Significant events

• “On 22 April 2025, the Company's ultimate parent undertaking, DCC plc announced that it has entered into a definitive agreement for the sale of DCC's healthcare division (including this Company) to HealthCo Investment Limited. The proposed transaction is subject to receipt of customary regulatory approvals and is expected to complete in the third quarter of this calendar year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -95.5%

  £2,815,000 → £128,000

• Net assets

  -94.8%

  £2,808,000 → £146,000

• Employees

  —

  Not reported

• Operating profit

  -85.7%

  £56,000 → £8,000

• Profit before tax

  -36.8%

  £185,000 → £117,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers