UK Companies House feature
BABYLON HEALTHCARE SERVICES LIMITED
Cash
£841K
-67.6% vs 2023
Net assets
£9M
+16.7% vs 2023
Employees
522
-32.1% vs 2023
Profit before tax
£1M
-47.6% vs 2023
Profile
- Company number
- 09229684
- Status
- Active
- Incorporation
- 2014-09-22
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 86900
- Hubs
- UK Healthcare
Net assets
3-year trend · vs UK Healthcare median
Accounts
3-year trend · latest 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £42,395,543 | £29,285,786 | |
| Operating profit | — | £3,248,997 | £1,895,005 | |
| Profit before tax | — | £2,557,241 | £1,339,416 | |
| Net profit | — | £2,265,113 | £1,339,416 | |
| Cash | — | £2,591,256 | £840,854 | |
| Total assets less current liabilities | — | £13,451,794 | £14,799,680 | |
| Net assets | — | £8,025,720 | £9,365,136 | |
| Equity | £5,760,607 | £8,025,720 | £9,365,136 | |
| Average employees | — | 769 | 522 | |
| Wages | — | £26,084,107 | £15,236,923 |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ecovis Wingrave Yeats LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company generates revenue through the delivery of clinical services but continues to rely on other Group entities for technology, and head office functions. The Company remains dependent on the wider Group to support its operations and, where required, to fund working capital. The US parent has provided ongoing financial support to the Company, including funding working capital requirements. The directors have a reasonable expectation that the Company will continue to meet its obligations as they fall due.”
Significant events
- “On 3 January 2025, the Company entered into a Master Services Agreement with SheMed Limited, a related party under common control, and other related parties. Under this agreement, the Company will provide clinical, technology, and administrative services to SheMed Limited in support of test-to-treat and weight loss wellness programmes in the United Kingdom.”
- “In January 2025, the Company's contract with its largest private insurer customer, BUPA, was terminated. In addition, the Company sub-contracted the servicing of certain private contracts to a third-party.”
- “In October 2025, the Company adopted a resolution to redefine the Company's fiscal year to commence on 1 February of each year and end on 31 January of the following year. The resolution was made effective on 1 February 2025.”
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 · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOWARD, Charles Edward John | Director | 2023-08-30 | Nov 1986 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BISCHOFF, Christopher William, Mr. | Director | 2015-01-15 | 2019-09-06 |
| COLE, Michael | Director | 2023-09-06 | 2024-06-30 |
| DAVIS, Eugene Irwin | Director | 2023-08-08 | 2023-08-30 |
| DE BRUNNER, Aidan Whiteman | Director | 2023-08-08 | 2023-09-01 |
| PARSADOUST, Ali, Dr | Director | 2014-09-22 | 2023-08-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Emed Healthcare Uk, Limited | Corporate entity | Shares 75–100% | 2023-08-30 | Active |
| Babylon Group Holdings Limited | Corporate entity | Shares 75–100% | 2023-03-09 | Ceased 2023-08-30 |
| Babylon Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-10-21 | Ceased 2023-03-09 |
| Dr Ali Parsadoust | Individual | Shares 25–50%, Voting 50–75% | 2021-10-05 | Ceased 2021-10-21 |
| Old Mutual Limited | Corporate entity | ownership-of-shares-25-to-50-percent-as-trust, voting-rights-50-to-75-percent-as-trust | 2018-06-28 | Ceased 2018-10-15 |
| Old Mutual Public Limited Company | Corporate entity | Voting 50–75% | 2016-04-06 | Ceased 2018-06-28 |
| Babylon Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 63 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-01-21 | AA01 | accounts | change account reference date company current extended |
| 2025-12-19 | AA | accounts | accounts with accounts type full |
| 2025-07-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-18 | AA | accounts | accounts with accounts type full |
| 2025-01-15 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2024-09-20 | CS01 | confirmation-statement | confirmation statement |
| 2024-09-12 | AA | accounts | accounts with accounts type full |
| 2024-07-09 | TM01 | officers | termination director company with name termination date |
| 2023-09-12 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-09-11 | TM01 | officers | termination director company with name termination date |
| 2023-09-11 | AP01 | officers | appoint person director company with name date |
| 2023-09-11 | AP01 | officers | appoint person director company with name date |
| 2023-09-11 | TM01 | officers | termination director company with name termination date |
| 2023-09-11 | TM01 | officers | termination director company with name termination date |
| 2023-09-11 | AD01 | address | change registered office address company with date old address new address |
| 2023-09-11 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-09-11 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-08-23 | AP01 | officers | appoint person director company with name date |
| 2023-08-23 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
2.45
GREY ZONE
Altman Z″
- Working capital / Total assets 0.246 × 6.56 = +1.62
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.059 × 6.72 = +0.40
- Book equity / Total liabilities 0.413 × 1.05 = +0.43
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