MERLIN NEURO THERAPY CENTRE LTD
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Cash
£508k
-29.9% vs 2024
Net assets
£3.4m
-4.5% vs 2024
Employees
20
+25% highest in 3 filed years
Profit before tax
-£172k
-142.3% vs 2024
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £362,627 | £414,606 | — | — | |
| Operating profit | — | £406,804 | -£172,142 | -142.3% | |
| Profit before tax | — | £406,804 | -£172,142 | -142.3% | |
| Net profit | -£168,760 | £413,973 | — | — | |
| Cash | £250,855 | £724,590 | £507,608 | -29.9% | |
| Total assets less current liabilities | £3,124,836 | £3,538,809 | £3,377,890 | -4.5% | |
| Net assets | £3,124,836 | £3,538,809 | £3,377,890 | -4.5% | |
| Equity | £3,124,836 | £3,538,809 | £3,377,890 | -4.5% | |
| Average employees | 14 | 16 | 20 | +25% | |
| Wages | £311,131 | £350,614 | £431,741 | +23.1% | |
| Directors' remuneration | £124,671 | £126,882 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 98.1% | — | |
| Net margin | -46.5% | 99.8% | — | |
| Return on capital employed | — | 11.5% | -5.1% | |
| Gearing (liabilities / total assets) | — | 1.3% | 0.9% | |
| Current ratio | 6.62x | 16.93x | 17.38x |
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.
Name history
Renamed 2 times since incorporation
- MERLIN NEURO THERAPY CENTRE LTD 2023-01-11 → present
- MERLIN MS CENTRE LTD 2013-07-25 → 2023-01-11
- THE CORNWALL MULTIPLE SCLEROSIS THERAPY CENTRE LTD. 2002-06-13 → 2013-07-25
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the trustees' 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 charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for ssue.”
Significant events
- “In 2024, the charity received several significant one-off income streams: Restricted Endowment Gift (£150,000)... Restricted Programme Grant (£200,000)... Unrestricted Legacy Gift (£122,000).”
- “The charity was gifted a number of shares with a transfer value of approximately £65,000. The Finance and Investment committee and Trustees review the performance of these shares on a regular basis. The trustees have been managing these on a low risk basis, in 2025 the value has increased by £11,223 (2024 the value increased by £7,169) and have agreed to dispose of these to reduce the market risk associated with holding shares.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMPBELL, Emma Jane, Dr | Director | 2014-01-07 | Oct 1960 | British |
| FOSTER, Rachel Victoria | Director | 2024-02-23 | May 1982 | British |
| HARLAND, Katie | Director | 2025-02-19 | Feb 1976 | British |
| HICKS, Steven Mark | Director | 2024-12-04 | May 1963 | British |
| JAMES, Michael Ernest Frank | Director | 2013-09-19 | Feb 1955 | British |
| PHILLIPS, Tracey Elizabeth | Director | 2024-02-23 | Feb 1972 | British |
| SNEDDON, Thomas | Director | 2019-08-15 | May 1946 | British |
| WARD, Michael Allan | Director | 2020-10-24 | Mar 1965 | British |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRIDGES, Colin George | Secretary | 2007-06-20 | 2009-03-07 |
| CLARK, Christopher Harvey | Secretary | 2013-11-18 | 2016-07-18 |
| JAMES, Andrew Edmund | Secretary | 2016-07-18 | 2022-03-07 |
| MINEAR, Nina Alison | Secretary | 2009-04-08 | 2010-06-28 |
| MURPHY, Eileen Mary | Secretary | 2002-06-13 | 2006-02-16 |
| TREBILCOCK, Matthew Frank | Secretary | 2006-02-16 | 2007-05-11 |
| WELFORD, Anthony Robert Hylton | Secretary | 2010-06-28 | 2013-11-18 |
| BLEWETT, Durnford Victor Kean | Director | 2006-05-23 | 2016-01-04 |
| BRIDGES, Colin George | Director | 2002-06-13 | 2009-03-07 |
| CLARKE, Christopher Harvey, Judge | Director | 2016-07-18 | 2023-01-23 |
| COODE, Sally Jane | Director | 2007-03-15 | 2024-08-28 |
| DAVIES, Peter Wilton | Director | 2009-04-08 | 2014-05-16 |
| FORD, Michael John | Director | 2014-07-14 | 2018-11-26 |
| GIFFORD, Michael John | Director | 2016-01-04 | 2024-04-09 |
| HANBURY-TENISON, Louella Gage | Director | 2007-09-06 | 2013-05-17 |
| JAMES, Andrew Edmund | Director | 2016-07-18 | 2022-03-07 |
| KEY-STONE, Susan Aileen | Director | 2002-06-13 | 2013-01-08 |
| LAWRENCE, Steven Bernard Brian | Director | 2010-06-28 | 2010-06-28 |
| LAWRENCE, Steven Bernard Brian | Director | 2010-06-28 | 2021-10-04 |
| LIS, Linda | Director | 2002-06-13 | 2006-08-31 |
| MCLEAN, Antoinette Ellen | Director | 2024-02-23 | 2025-02-04 |
| MINEAR, Nina Alison | Director | 2007-10-10 | 2013-09-19 |
| MURPHY, Derek Michael George, Dr | Director | 2002-06-13 | 2014-07-14 |
| MURPHY, Eileen Mary | Director | 2006-02-16 | 2013-07-01 |
| PERKS, David Anthony | Director | 2010-06-28 | 2021-10-04 |
| PHYALL, David Owen | Director | 2022-03-07 | 2024-04-09 |
| POOLEY, Bernard Bertram | Director | 2023-01-23 | 2024-08-28 |
| SHERRARD, Simon Patrick | Director | 2009-04-08 | 2019-09-09 |
| TREBILCOCK, Matthew Frank | Director | 2006-02-16 | 2007-05-11 |
| TREBILCOCK, Matthew Frank | Director | 2005-06-01 | 2006-02-16 |
| WELFORD, Anthony Robert Hylton | Director | 2008-11-06 | 2016-07-18 |
| WILLIAMS, Kevin Stuart | Director | 2002-06-13 | 2006-02-02 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 155 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-17 | AA | accounts | Accounts with accounts type full | |
| 2026-06-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-20 | CH01 | officers | Change person director company with change date | |
| 2026-06-20 | CH01 | officers | Change person director company with change date | |
| 2026-06-20 | CH01 | officers | Change person director company with change date | |
| 2026-06-20 | CH01 | officers | Change person director company with change date | |
| 2025-12-10 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-02 | AA | accounts | Accounts with accounts type small | |
| 2024-08-29 | CH01 | officers | Change person director company | |
| 2024-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-28 | CH01 | officers | Change person director company with change date | |
| 2024-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.