THE SHROPSHIRE DOCTORS' CO-OPERATIVE LIMITED

• ◆

  3 officer resignations in last 12 months

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

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 102

Reporting scope

Standalone (parent only)

Auditor

WR Partners

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Shropdoc's 28th year of operation underscores our proven track record of delivering strong performance in demanding circumstances. We are confident in our ability to continue as a going concern well beyond the next 12 months. While the strategic repositioning due to the transition of the ST&W ICB contract, effective from October 2025, presents a period of change for Shropdoc, we have proactively developed a comprehensive Target Operating Model. This model ensures our continued robust support for all remaining contracts, while simultaneously preserving and leveraging our expertise and capacity for strategic growth and the achievement of our long-term objectives. The report acknowledges the challenging service conditions. However, the emphasis remains on Shropdoc's proven ability to navigate difficulties. The Directors' confidence, combined with the factors mentioned above, provide a compelling case for Shropdoc's continued success as a going concern.”

Significant events

• “This year, the Shropshire, Telford & Wrekin Integrated Care Board (ST&W ICB) concluded a tender process for the STW Integrated Urgent Care (IUC) contract. While Shropdoc demonstrated its long-standing commitment and high-quality service, the ST&W ICB has indicated its intention to award this contract to an alternative provider.”
• “As a result, we are proactively transitioning our operations and strategic focus to a future without this specific contract. This transition will lead to a realignment of our revenue streams, and we have developed a comprehensive financial strategy to manage this shift.”
• “Shropdoc continues to build on its established success in Wales, having secured an extension of our GP Out of Hours contract with Powys Teaching Health Board (PTHB). We are actively engaged with PTHB to secure a longer-term extension, which is central to our strategy for future collaboration and sustained growth within the Welsh health and care system.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +7.9%

  £13,140,861 → £14,180,295

• Cash

  +21.2%

  £3,416,488 → £4,139,842

  highest in 8 filed years

• Net assets

  +9.9%

  £3,360,392 → £3,691,713

• Employees

  -0.9%

  218 → 216

• Operating profit

  +284%

  -£160,641 → £295,579

• Profit before tax

  +2,541.6%

  £16,966 → £448,177

• Wages

  +7.9%

  £5,290,392 → £5,710,172

  highest in 5 filed years

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