HEALTHCARE PLUS RECRUITMENT LIMITED

🚨Distressedactive
SC537376 · ltd · incorporated 2016-06-07
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£-101.2k
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £101,241

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£101k
↓ 105% YoY
Current Assets
£12k
↓ 82% YoY
Current Liabilities
-£101k-£68k-£35k-£2k£31k£64kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-06-302023-06-30
Total assets£-92.0k£-31.1k
Current assets£11.5k£63.8k
Net assets£-101.2k£-49.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-05-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-06-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2020-06-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-12-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-07-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-04-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-01-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-11-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-03-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2016-06-07
    🏢
    Company incorporated
    As HEALTHCARE PLUS RECRUITMENT LIMITED
  19. 2016-06-07
    ANDREWS, Sophie Laura appointed
    director

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Sophie Laura Andrews
Individual · British · DOB 07/1975 · age 51
75100%
75-100% shares07/06/2016
Mrs Sophie Andrews
Individual · British · DOB 06/1976 · age 50
75100%
75-100% shares07/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2016-06-07
Jurisdictionscotland
Primary SIC78200 — Temporary employment agency activities

Registered office

11 Bank Avenue
Cumnock
KA18 1PQ
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06

Officers (1 active · 0 resigned)

ANDREWS, Sophie Laura
director · ~51y · appointed 2016-06-07
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (27 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-27
gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-07
gazette-notice-compulsory
gazette · GAZ1
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-06-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-09