TREATMENT DIRECT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-01 (in 2mo)
Last made up 2025-06-17
Watchouts
Cash
£23K
+71,962.5% highest in 3 filed years
Net assets
£5M
-48.8% vs 2023
Employees
64
-15.8% vs 2023
Profit before tax
£1M
-23.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Profit before tax
6-year trend · vs Health Care median
Accounts
6-year trend · latest reflected 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Audit & accounting basis
- 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
+71,962.5%
£32 £23,060
highest in 3 filed years
-
Net assets
—
Not reported
-
Employees
-15.8%
76 64
-
Profit before tax
-23.9%
£1,853,157 £1,409,925
-
Wages
-5.6%
£1,576,849 £1,488,069
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers