HOSPITAL SERVICES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Consolidated group

Auditor

Grant Thornton (NI) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.”

Group structure

1. HOSPITAL SERVICES LIMITED · parent
   1. MDI Medical Limited 100% · Ireland · Sale and maintenance of medical diagnostic instruments
   2. MDI Medical (N.I.) Limited 100% · Northern Ireland · Sale and maintenance of medical diagnostic instruments
   3. Medtech UK Limited 100% · England · Sale and maintenance of medical diagnostic instruments
   4. Fleetwood Healthcare Limited 100% · Republic of Ireland · Sale and maintenance of medical diagnostic instruments
   5. Fleetwood Healthcare Holdings Limited 100% · Republic of Ireland · Sale and maintenance of medical diagnostic instruments
   6. Orca Medical Limited 100% · England · Sale and maintenance of medical diagnostic instruments
   7. Orca Resource Limited 100% · England · Sale and maintenance of medical diagnostic instruments

Significant events

• “During the year, the Group continued to strengthen its position as a key supplier to the health service across the UK and Ireland. The most notable event impacting the Group during the year was its acquisition of Orca Medical Limited and Orca Resources Limited on 13 March 2024.”
• “During the year the Company acquired the entire share capital of Orca Medical Limited and Orca Resource Limited for total consideration of £828,640. There are no adjustments between the book value and fair value and the resulting goodwill calculation is shown below.”
• “Subsequent to the year end, the Company's ultimate parent undertaking, Hospital Services Group Limited, was acquired by Asker Healthcare Group AB, a company incorporated and registered in Sweden, with a registered office at Danderyd kommun, Stockholms län. The ultimate parent undertaking is Asker Healthcare Group AB, a company listed on the Stockholm Stock Exchange.”

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

Filings

14

last 12 months

Capital events

2

last 24 months

Officers appointed

2

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.

• Turnover

  +25.7%

  £45,094,529 → £56,675,734

• Cash

  +77.2%

  £2,458,271 → £4,355,014

• Net assets

  +58.1%

  £7,992,777 → £12,633,427

• Employees

  +14.5%

  138 → 158

• Operating profit

  -158.1%

  £4,109,344 → -£2,386,618

• Profit before tax

  -197.5%

  £3,108,314 → -£3,029,906

• Wages

  +30.5%

  £6,029,735 → £7,868,449

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