MSCP HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  At the time of approving the financial statements, the directors considered the financial position of the Company as a non trading entity and their accompanying risks, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the approval of the Annual report and financial statements, however, the Company is in a net current liability position of £1,331,319 as at 31 December 2024, primarily consisting of amounts owed to the group undertakings. The directors understand that Nuffield Health will not demand repayment of the £1,330,879 balance due to group undertakings. However, the directors have not received a binding commitment that this support will be forthcoming in the future. Nevertheless the directors are of the view that the ultimate controlling parent undertaking will ensure that sufficient funds are available to settle any liabilities when they fall due. Should no support be forthcoming, the Company would cease to trade. The activities of the Company result from mainly non-cash accounting transactions with the ultimate parent undertaking and the Company is not self-sustaining due to the lack of trading activities to support it's continued existence. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. Given the above, the directors have concluded that there is a material uncertainty which may cast significant doubt to the Company's ability to continue as a going concern and therefore it may be unable to realise it's assets and discharge it's liabilities in the normal course of business.

1. MSCP HOLDINGS LIMITED 2015-06-03 → present
2. THE HEALTH CLUB COLLECTION LIMITED 2012-09-07 → 2015-06-03

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At the time of approving the financial statements, the directors considered the financial position of the Company as a non trading entity and their accompanying risks, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the approval of the Annual report and financial statements, however, the Company is in a net current liability position of £1,331,319 as at 31 December 2024, primarily consisting of amounts owed to the group undertakings. The directors understand that Nuffield Health will not demand repayment of the £1,330,879 balance due to group undertakings. However, the directors have not received a binding commitment that this support will be forthcoming in the future. Nevertheless the directors are of the view that the ultimate controlling parent undertaking will ensure that sufficient funds are available to settle any liabilities when they fall due. Should no support be forthcoming, the Company would cease to trade. The activities of the Company result from mainly non-cash accounting transactions with the ultimate parent undertaking and the Company is not self-sustaining due to the lack of trading activities to support it's continued existence. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. Given the above, the directors have concluded that there is a material uncertainty which may cast significant doubt to the Company's ability to continue as a going concern and therefore it may be unable to realise it's assets and discharge it's liabilities in the normal course of business.”

Group structure

1. MSCP HOLDINGS LIMITED · parent
   1. MSCP Wellbeing Limited 100% · United Kingdom · to provide loans to other entities.

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -52.5%

  £186,797 → £88,681

• Employees

  —

  Not reported

• Operating profit

  -13.9%

  -£86,127 → -£98,116

• Profit before tax

  -13.9%

  -£86,127 → -£98,116

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