MEAD MEDICAL HOLDINGS LIMITED

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors consider the going concern basis to be appropriate following their assessment of the group and parent company's financial position and its ability to meet its obligations as and when they fall due. In making the going concern assessment, the directors have considered the following: The capital structure and liquidity of the group and parent company; The base case cash flow forecasts and trading projections for 2026 and 2027 which indicate that the group and the parent company have sufficient liquid resources to meet their obligations as they fall due; and The bank loan with RBS, which is on more favourable terms than previous bank borrowings. On this basis, the directors believe that they have a reasonable expectation that the company and the group will have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements are prepared on a going concern basis.”

Group structure

1. MEAD MEDICAL HOLDINGS LIMITED · parent
   1. JPM Recruitment Agency Limited 100% · UK
   2. JPM Community Care Services 100% · UK
   3. Mead Medical Services Limited 100% · UK

Significant events

• “Global uncertainty and geopolitical tensions are an ongoing cause for concerns, as well as the fallout from the Global pandemic persisting and continuing to impact the independent care sector.”
• “Desperately disappointing was the unrealistic fee settlement awarded by the Scottish Government to all registered care providers operating in Scotland.”
• “entered into a new 15 year mortgage loan with RBS on beneficial terms, significantly reducing agency staffing spending costs by employing non-UK nationals in their place.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +14.8%

  £11,902,338 → £13,659,815

• Cash

  +72.6%

  £878,636 → £1,516,094

• Net assets

  +15.6%

  £3,224,659 → £3,727,282

• Employees

  -4.6%

  414 → 395

• Operating profit

  +513.1%

  £199,998 → £1,226,231

• Profit before tax

  +2,684.5%

  -£39,315 → £1,016,081

• Wages

  +13.5%

  £7,324,028 → £8,315,252

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