UK Companies House feature
THE PLACEMENT GROUP (HOLDINGS) PLC
Cash
—
Latest balance sheet
Net assets
£313K
-51.7% vs 2023
Employees
83
-14.4% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 05754892
- Status
- Active
- Incorporation
- 2006-03-24
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 86900
- Hubs
- UK Healthcare
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | — | — | |
| Cash | — | — | — | — | — | — | — | |
| Total assets less current liabilities | — | — | — | — | — | £648,269 | £313,233 | |
| Net assets | — | — | — | — | — | — | — | |
| Equity | £1,393,339 | £1,014,214 | £944,653 | £874,547 | £809,699 | £648,269 | £313,233 | |
| Average employees | — | — | — | — | — | 97 | 83 | |
| Wages | — | — | — | — | — | — | — |
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
- Consolidated (group)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have carefully considered the impact of the macroeconomic uncertainties and the conflict in Ukraine on the group's financial position, liquidity and future performance. As set out in the strategic report, the group has continued to trade strongly throughout this year and the directors believe that it is experiencing good levels of sales growth and profitability. Therefore, the directors believe that the group is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. They have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the group to continue as a going concern.”
Subsidiaries
- The Placement Group (UK) Limited · 100% held · UK · Medical placement agency
- The Placement Group Healthcare Limited · 100% held · UK · Medical placement agency
- The Placement Group Nursing Limited · 100% held · UK · Medical placement agency
- The Placement Group (Contracts) Limited · 100% held · UK · Contract Holding SPV
- Mediplacements Limited · 100% held · UK · Medical placement agency
- Justphysio Limited · 100% held · UK · Medical placement agency
- Just OT Limited · 100% held · UK · Medical placement agency
- Just Nurses Limited · 100% held · UK · Medical placement agency
- The Placement Group (AHP) Limited · 100% held · UK · Medical placement agency
- Nursco Healthcare Limited · 100% held · UK · Dormant
- Just GP Limited · 100% held · UK · Dormant
- Healthcare Employment Consortium Limited · 100% held · UK · Dormant
- The Placement Group Investments Ltd · 100% held · UK · Investment management
- TPG Medical Ltd · 100% held · UK · Dormant
Significant events
- “The 2024 financial year was marked by challenging market conditions due to a significant reduction in agency usage across the NHS, driven by national cost-saving measures and increased reliance on internal staff banks.”
- “Despite the decline, the Company retained key framework agreements and client relationships and began diversifying into alternative revenue streams utilising the experience and expertise of its current workforce.”
- “2024 was a year of considerable change and strategic refocusing. While the downturn in NHS agency usage impacted the business, the Company has taken proactive steps to stabilise operations and lay the groundwork for future diversification and growth.”
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
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PORTER, Steven | Secretary | 2007-05-02 | — | British |
| PORTER, Steven James | Director | 2013-11-19 | Oct 1968 | British |
| SIMPSON, Edward Clive | Director | 2006-03-24 | Mar 1972 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SIMPSON, Edward Clive | Secretary | 2006-03-24 | 2007-05-02 |
| SECRETARIAL APPOINTMENTS LIMITED | Corporate Nominee Secretary | 2006-03-24 | 2006-03-24 |
| GOLDSMITH, Simon David | Director | 2013-11-19 | 2017-02-15 |
| O`SULLIVAN, Gerald | Director | 2006-03-24 | 2007-05-02 |
| SMITH, Julie Dawn | Director | 2007-07-01 | 2012-03-25 |
| CORPORATE APPOINTMENTS LIMITED | Corporate Nominee Director | 2006-03-24 | 2006-03-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Edward Clive Simpson | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 93 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-06-30 | AA | accounts | accounts with accounts type group |
| 2025-04-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-06-28 | AA | accounts | accounts with accounts type group |
| 2024-03-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-29 | AA | accounts | accounts with accounts type group |
| 2023-03-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-06-30 | AA | accounts | accounts with accounts type group |
| 2022-03-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-06-29 | AA | accounts | accounts with accounts type group |
| 2021-03-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-06-30 | AA | accounts | accounts with accounts type group |
| 2020-04-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-06-28 | AA | accounts | accounts with accounts type group |
| 2019-04-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2018-06-29 | AA | accounts | accounts with accounts type group |
| 2018-03-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2017-09-04 | AAMD | accounts | accounts amended with accounts type group |
| 2017-07-10 | AA | accounts | accounts with accounts type group |
| 2017-04-28 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory