INDUCTION HEALTHCARE GROUP LIMITED
Get an alert when INDUCTION HEALTHCARE GROUP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.5M
-58.7% lowest in 3 filed years
Net assets
£3.6M
-82.5% lowest in 3 filed years
Employees
68
-8.1% lowest in 3 filed years
Profit before tax
-£20M
-372.5% lowest in 3 filed years
Net assets
3-year trend · vs Telecommunications median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £12,884,000 | £13,648,000 | £9,989,000 | -26.8% | |
| Operating profit | -£17,380,000 | -£4,202,000 | -£19,989,000 | -375.7% | |
| Profit before tax | -£17,386,000 | -£4,207,000 | -£19,879,000 | -372.5% | |
| Net profit | — | -£3,257,000 | -£17,374,000 | -433.4% | |
| Cash | £4,287,000 | £3,690,000 | £1,523,000 | -58.7% | |
| Total assets less current liabilities | £31,809,000 | £27,131,000 | £4,993,000 | -81.6% | |
| Net assets | £24,295,000 | £20,380,000 | £3,564,000 | -82.5% | |
| Equity | £24,295,000 | £20,380,000 | £3,564,000 | -82.5% | |
| Average employees | 83 | 74 | 68 | -8.1% | |
| Wages | £6,934,000 | £5,415,000 | £5,884,000 | +8.7% | |
| Directors' remuneration | £741,283 | £818,000 | £923,000 | +12.8% |
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 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | -134.9% | -30.8% | — | |
| Net margin | — | -23.9% | -173.9% | |
| Return on capital employed | -54.6% | -15.5% | -400.3% | |
| Gearing (liabilities / total assets) | 36.6% | 38.9% | 67.9% | |
| Current ratio | 1.81x | 1.83x | 1.04x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- INDUCTION HEALTHCARE GROUP LIMITED 2025-07-09 → present
- INDUCTION HEALTHCARE GROUP PLC 2019-02-28 → 2025-07-09
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After due consideration, the Directors have concluded that there is a reasonable expectation that the Group and Company have adequate resources to meet their liabilities as they fall due for the period to 31 May 2027, and therefore these financial statements are prepared on a going concern basis.”
Group structure
- INDUCTION HEALTHCARE GROUP LIMITED · parent
- Induction Healthcare Limited 100%
- Induction Healthcare (UK) Limited 100%
- Induction Healthcare Pty Ltd 100%
- Horizon Strategic Partners Limited 0%
- Zesty Limited 100%
- Attend Anywhere Pty Ltd 100%
- A.C.N. 167 231 307 Pty Ltd 100%
Significant events
- “On 19th June 2025, the Group was acquired by Vitalhub Corp. for approximately £9.7 million. As a result, the Company became a wholly owned subsidiary of Vital Hub UK Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDWIN COE SECRETARIES LIMITED | Corporate Secretary | 2025-07-14 | — | — |
| GOFFENBERG, Brian Leonard | Director | 2025-06-18 | Jul 1960 | Canadian |
| MATLOW, Daniel Paul | Director | 2025-06-18 | Jul 1962 | Canadian |
| SANDERS, Michael John | Director | 2025-06-18 | Feb 1973 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCINTOSH, John Joseph | Secretary | 2025-02-07 | 2025-06-18 |
| MITCHELL, Guy James | Secretary | 2022-08-19 | 2022-12-06 |
| SANDERS, Michael John | Secretary | 2025-06-18 | 2025-08-06 |
| TALBOT, Alison Janet | Secretary | 2021-01-22 | 2022-08-19 |
| TORR, Louise | Secretary | 2022-12-06 | 2025-02-07 |
| PRISM COMMUNICATIONS & MANAGEMENT LIMITED | Corporate Secretary | 2019-02-28 | 2019-03-01 |
| PRISM COSEC LIMITED | Corporate Secretary | 2019-03-01 | 2021-01-22 |
| BALMAIN, James Henry Stewart | Director | 2020-06-08 | 2023-01-09 |
| FRASER, Shelley Kim | Director | 2020-03-02 | 2021-01-22 |
| ILIFFE, Jeffrey Michael | Director | 2019-04-01 | 2019-05-06 |
| JANTET, Sebastien Guillaume Bernard | Director | 2019-02-28 | 2019-08-16 |
| JOHNSON, Ian Roy | Director | 2022-12-02 | 2025-06-18 |
| MAHMOOD, Saiyed Ibraheem | Director | 2019-02-28 | 2020-06-08 |
| MCINTOSH, John Joseph | Director | 2023-06-30 | 2025-06-18 |
| MITCHELL, Guy James | Director | 2021-11-15 | 2022-12-05 |
| REED, Leslie-Ann | Director | 2019-07-19 | 2022-12-02 |
| SAMLER, Christopher Hadley | Director | 2022-06-07 | 2025-06-18 |
| SILBER, Jane Elizabeth | Director | 2019-04-01 | 2025-06-18 |
| SPENCER, Christopher Michael Kennedy | Director | 2019-04-01 | 2022-06-07 |
| STEPHENSON, Dimitrie Spiru Hugo | Director | 2019-04-01 | 2023-05-05 |
| TAMBEAU, Paul Antonio Joseph | Director | 2023-06-30 | 2025-06-18 |
| WILLIAMS, Andrew David | Director | 2020-06-08 | 2025-04-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vitalhub Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-08-06 | Active |
| Mr Saiyed Ibraheem Mahmood | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2019-04-01 | Ceased 2023-02-27 |
| Blue Muse Investments Pty Limited As Trustee For And On Behalf Of The Blue Muse Trust | Corporate entity | Shares 50–75% (as trust), Voting 50–75% (as trust), Appoints directors (as trust) | 2019-04-01 | Ceased 2023-02-27 |
| Mr Sebastien Guillaume Bernard Jantet | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-02-28 | Ceased 2023-02-27 |
Filing timeline
Last 20 of 111 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-09 RESOLUTIONS Resolution
- 2025-07-09 RR02 Reregistration public to private company
- 2025-07-09 CERT10 Certificate re registration public limited company to private
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-06 | AA | accounts | Accounts with accounts type group | |
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-18 | AA01 | accounts | Change account reference date company current shortened | |
| 2025-08-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-06 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-08-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-15 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-07-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-09 | MAR | incorporation | Re registration memorandum articles | |
| 2025-07-09 | RR02 | change-of-name | Reregistration public to private company | |
| 2025-07-09 | CERT10 | change-of-name | Certificate re registration public limited company to private | |
| 2025-07-02 | OC | miscellaneous | Court order | |
| 2025-07-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-06-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 0
- Officers appointed
- 1
- 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.