CURRENT HEALTH LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. CURRENT HEALTH LIMITED 2018-12-06 → present
2. SNAP40 LIMITED 2014-07-07 → 2018-12-06

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

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. The company continues to be loss making in the subsequent financial period and is reliant on the financial support of its parent company, Current Health Inc, who have provided written confirmation that they have the finance available to continue to support the company to ensure there is sufficient funds available to finance the company's working capital requirements for a period of at least 12 months from the date of approval of the financial statements. On that basis, the financial statements have been prepared on the going concern basis as the directors consider that the company will continue to meet its liabilities as they fall due for the foreseeable future.”

Significant events

• “Subsequent to the year end, and in June 2025, Current Health was separated from Best Buy and reacquired by its original founder and Chief Executive Officer, Chris McGhee (nee McCann), returning the business to independent ownership. This transition marked a significant strategic inflection point for the company and enabled management to reset its operating model, governance structure, and long-term strategic priorities.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -36.2%

  £24,002,772 → £15,316,894

• Cash

  -24.5%

  £13,099,838 → £9,890,842

• Net assets

  -27.8%

  £26,018,325 → £18,778,155

• Employees

  +5.3%

  114 → 120

• Operating profit

  +28.7%

  -£12,206,762 → -£8,706,070

• Profit before tax

  +29.1%

  -£11,835,452 → -£8,385,996

• Wages

  +49.7%

  £7,207,199 → £10,791,399

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