HEALTH ASSURED LTD

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 31 March 2025 the Company has net assets. The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons: The Company meets its day to day working capital requirement from its cash reserves held, its ability to generate net cash inflows from operational activities and access to funding if required from the Group. The Company benefits from clients on multi-year contractual agreements, offering good visibility of future cash flows and healthy cash generation. The Group, of which the Company is a part of, prepares cash flow forecasts for a period of least 12 months from the date of approval of these financial statements. These indicate that the Group is projected to meets its identified working capital commitments and remain compliant with existing Revolving Credit Facility ('RCF') financial covenants of the Parent. The Parent's RCF facility, which was refinanced in 2023 with a 3 year term, was extended by 12 months in 2024 and was again successfully extended by a further 12 months in 2025 resulting in an earliest maturity of March 2028. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. HEALTH ASSURED LTD · parent
   1. Wisdom Wellbeing Pty Ltd 100% · Australia · commenced trading during the financial year under review.
   2. Wisdom Wellbeing Limited 100% · England & Wales · Dormant

Significant events

• “Health Assured Ltd is a leading independent provider of Employee Assistance Programmes ('EAPs') to employee's / students and other individuals in the UK and Ireland, supporting over 13 million lives.”
• “The Company significantly grew headcount, increasing 17.9% to 376 (2024: 319) building on top of the 14% increase witnessed during the previous financial year.”
• “The Company has continued to develop the range of tools available to support the needs of its service users, including video appointments and virtual service delivery, and the 'Wisdom' app with over 480,000 registered users.”
• “The Company was shortlisted as a finalist for Best Workplace Wellbeing Provider for the last five years and included in the 2024 Sunday Times Best Places to Work.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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