UK Companies House feature
PRINCIPLE HEALTHCARE INTERNATIONAL LIMITED
Cash
£270K
+167% vs 2023
Net assets
£1M
-7.2% vs 2023
Employees
6
-25% vs 2023
Profit before tax
£1M
+18.2% vs 2023
Profile
- Company number
- 05019943
- Status
- Active
- Incorporation
- 2004-01-20
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 21100
- Hubs
- UK Healthcare
Net assets
9-year trend · vs UK Healthcare median
Accounts
9-year trend · latest 2024-12-31
| Metric | Trend | 2020-04-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £1,751,898 | — | £2,373,276 | — | £1,987,545 | — | £1,711,036 | £1,912,087 | |
| Operating profit | — | £355,547 | — | £96,738 | — | -£149,294 | — | -£260,146 | -£99,139 | |
| Profit before tax | — | £1,138,911 | — | £1,496,258 | — | £362,775 | — | £993,087 | £1,173,445 | |
| Net profit | — | £1,061,126 | — | £1,459,114 | — | £362,775 | — | £993,087 | £1,173,445 | |
| Cash | — | £168,207 | — | £166,404 | — | £24,687 | — | £101,078 | £269,885 | |
| Total assets less current liabilities | — | £3,747,981 | — | £1,801,816 | — | £2,164,591 | — | £1,386,490 | £1,287,351 | |
| Net assets | — | £3,747,981 | — | £1,801,816 | — | £2,164,591 | — | £1,386,490 | £1,287,351 | |
| Equity | £2,686,855 | £3,747,981 | £3,747,981 | £1,801,816 | £1,801,816 | £2,164,591 | £2,164,591 | £1,386,490 | £1,287,351 | |
| Average employees | — | 5 | — | 8 | — | 8 | — | 8 | 6 | |
| Wages | — | £213,786 | — | £362,162 | — | £427,075 | — | £420,910 | £230,184 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Director and the local management team have undertaken a strategic business review supported by a budgeting exercise. Based on the expected future developments and mindful of the business risks that exist in the current operating environment, the Director is of the opinion that the Company remains a going concern. The Company has significant net assets and liquid financial resources along with the support of the wider group. The Director therefore has a reasonable expectation that the Company has adequate resources to settle all liabilities as they fall due for the foreseeable future. As such the financial statements have been prepared on the going concern basis.”
Subsidiaries
- Principle Healthcare Limited · 100% held · United Kingdom
- Innopharma s.r.o · 96.4% held · Slovakia
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LANGWIEDER, Johannes | Director | 2023-12-18 | Sep 1979 | German |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DOYLE, Richard Howard | Secretary | 2004-04-26 | 2020-11-02 |
| SUBSCRIBER SECRETARIES LIMITED | Corporate Secretary | 2004-01-20 | 2004-01-20 |
| DAVIES, Andrew Michael | Director | 2011-10-01 | 2023-12-31 |
| DAVIES, Michael John | Director | 2004-04-26 | 2020-11-02 |
| DAVIES, Philip Benjamin | Director | 2011-10-01 | 2020-11-02 |
| DOVE, Paul Alec | Director | 2007-03-01 | 2009-07-22 |
| LAZENBY, Fiona Louise | Director | 2010-12-01 | 2014-01-14 |
| LISTER, Darren Steven | Director | 2010-12-01 | 2014-01-14 |
| LIU, Liyun | Director | 2004-08-16 | 2006-10-11 |
| LU, Debin | Director | 2004-08-16 | 2006-10-11 |
| MOVERLEY, Rachel Elizabeth | Director | 2004-08-01 | 2007-02-06 |
| ZHU, Yanrong | Director | 2004-08-16 | 2006-10-11 |
| SUBSCRIBER DIRECTORS LIMITED | Corporate Director | 2004-01-20 | 2004-01-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael John Davies | Individual | Shares 75–100% | 2016-04-06 | Ceased 2020-11-02 |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-10 | AD01 | address | change registered office address company with date old address new address |
| 2025-07-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-06-11 | AA | accounts | accounts with accounts type full |
| 2024-08-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-08 | AA | accounts | accounts with accounts type full |
| 2024-01-11 | CH01 | officers | change person director company with change date |
| 2024-01-11 | TM01 | officers | termination director company with name termination date |
| 2023-12-19 | AP01 | officers | appoint person director company with name date |
| 2023-08-11 | AA | accounts | accounts with accounts type full |
| 2023-07-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-06-28 | AA | accounts | accounts with accounts type full |
| 2021-10-06 | AA | accounts | accounts with accounts type full |
| 2021-10-01 | MR04 | mortgage | mortgage satisfy charge full |
| 2021-10-01 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2021-07-04 | MA | incorporation | memorandum articles |
| 2021-07-04 | RESOLUTIONS | resolution | resolution |
| 2021-07-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2020-12-30 | AA01 | accounts | change account reference date company current shortened |
| 2020-12-11 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
2.63
SAFE
Altman Z″
- Working capital / Total assets 0.120 × 6.56 = +0.78
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.052 × 6.72 = -0.35
- Book equity / Total liabilities 2.093 × 1.05 = +2.20
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory