UK Companies House feature
TREATMENT DIRECT LIMITED
Cash
£23K
+71,962.5% vs 2023
Net assets
£5M
-48.8% vs 2023
Employees
64
-15.8% vs 2023
Profit before tax
£1M
-23.9% vs 2023
Profile
- Company number
- 10237960
- Status
- Active
- Incorporation
- 2016-06-17
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 87200
- Hubs
- UK Healthcare
Profit before tax
6-year trend · vs UK Healthcare median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | £1,853,157 | £1,409,925 | |
| Net profit | — | — | — | — | £1,853,178 | £1,106,836 | |
| Cash | £10,822 | — | — | — | £32 | £23,060 | |
| Total assets less current liabilities | £3,740,659 | — | — | — | £10,027,503 | £5,134,339 | |
| Net assets | — | — | — | — | — | — | |
| Equity | £3,740,659 | — | — | — | £10,027,503 | £5,134,339 | |
| Average employees | 35 | — | — | — | 76 | 64 | |
| Wages | — | — | — | — | £1,576,849 | £1,488,069 |
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
- Gerald Edelman LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company continues to trade profitably, and the directors have reviewed the forecast for the business for at least 12 months from the date of approval of the financial statements. The directors have therefore concluded that the company has adequate resources to continue in operational existence for the foreseeable future and thus, the going concern basis to be appropriate for the preparation of the financial statements for the year ended 31 December 2024.”
Significant events
- “On 6 September 2024, the Company was acquired by Panacea Bidco Limited and as a result, the ultimate parent company is now Panacea Investco Limited.”
- “On 5 September 2024, the entity declared a dividend of £6,000,000 to its previous immediate holding company, UK Addiction Treatment Group Limited.”
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
2 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIS, Susan Catherine | Director | 2024-08-22 | Jan 1973 | British |
| GERRARD, Daniel | Director | 2017-03-28 | May 1970 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HERWIG, Christopher | Secretary | 2019-05-13 | 2020-10-16 |
| O'CONNOR, Colin John | Secretary | 2018-10-22 | 2019-05-13 |
| ALEXANDER, Eytan Leigh | Director | 2016-06-17 | 2021-08-27 |
| CLARKE, Conor Thomas | Director | 2018-08-03 | 2018-09-20 |
| COWAN, Graham Michael | Director | 2016-06-17 | 2016-06-17 |
| HERSOM, Dave | Director | 2018-08-03 | 2019-05-13 |
| HERWIG, Christopher Erich | Director | 2019-05-13 | 2020-10-16 |
| HIGGINS, Sean Connall | Director | 2018-09-20 | 2019-09-30 |
| HURLEY, Bridgett | Director | 2020-10-23 | 2021-04-27 |
| KENTON, Matthew John | Director | 2016-06-17 | 2018-08-03 |
| MULLAHY, Brad Michael | Director | 2018-08-03 | 2018-09-20 |
| PIKE, Nicholas John | Director | 2023-06-30 | 2024-08-22 |
| RAINGILL, Benjamin Geoffrey | Director | 2024-09-06 | 2024-10-03 |
| STANFORD, Paula | Director | 2024-12-12 | 2026-04-27 |
| WORKMAN, Michael Lee | Director | 2021-04-27 | 2023-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Panacea Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-09-06 | Active |
| Uk Addiction Treatment Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-30 | Ceased 2024-09-06 |
Filing timeline
Last 20 of 82 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-08 | TM01 | officers | termination director company with name termination date |
| 2025-09-03 | AA | accounts | accounts with accounts type full |
| 2025-06-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-03-03 | AD01 | address | change registered office address company with date old address new address |
| 2024-12-20 | AP01 | officers | appoint person director company with name date |
| 2024-11-29 | AA | accounts | accounts with accounts type full |
| 2024-11-06 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-10-14 | TM01 | officers | termination director company with name termination date |
| 2024-10-09 | AP01 | officers | appoint person director company with name date |
| 2024-10-08 | CH01 | officers | change person director company with change date |
| 2024-09-19 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-09-19 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-09-13 | AP01 | officers | appoint person director company with name date |
| 2024-09-13 | TM01 | officers | termination director company with name termination date |
| 2024-09-11 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-09-11 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-09-11 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-09-11 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-09-11 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-09-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
16.6
COLD
/ 100
- Filings velocity 25
- Capital events 0
- Officer churn 25
- Headcount trajectory 34
- Accounts trajectory 1
- 3 filing(s) in last 12 months
- 0 appointed, 1 resigned (12mo)
- Employees -16% YoY
- Total Assets Less Current Liabilities -49% YoY