Skip to content
CompanySight
Company No. 04402986 · Incorporated 25 Mar 2002

Physiotherapy Specialists Ltd

Registered name: PHYSIOTHERAPY SPECIALISTS LTD

Part of Spire Healthcare Group PLC group

Physiotherapy Specialists Ltd made £160k revenue and a £70.8k loss in the year to 31 Dec 2022.

Physiotherapy Specialists Ltd’s revenue fell 30% to £160k in the year to 31 Dec 2022, with a loss of £70.8k and 4 employees. The company is classified under “specialists medical practice activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86220Specialists medical practice activities
Status
Active
Location
London, London
Age
24 yrs · since 2002
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2022

Key figures

Small teamCapital-light
Revenue
£160k
Growth ▼29.5%
Profit
−£70.8k
Growth —
Profit margin
−44.4%
Gross 23.9%
Employees
4
Change ▲100%
Profit / employee
−£17.7k
Revenue/employee £39.9k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 2022
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£226k£160k
Cost of sales£179k£121k
Gross profit£47.1k£38.1k
Profit before tax−£51.9k−£71.2k
Profit after tax−£52.3k−£70.8k
Profit (best available)−£52.3k−£70.8k
Employees (average)24
Ratios
Profit margin−23.1%−44.4%
Gross margin20.8%23.9%
Revenue per employee£113k£39.9k
Profit per employee−£26.1k−£17.7k
Growth (year on year)
Revenue growth—▼29.5%
Headcount growth—▲100%
Balance sheet — indirect signals, not revenue
Cash at bank£8.1k£12.9k
Net assets−£18.8k−£89.6k
Fixed assets£4k£2.4k
Current assets£52.5k£71.5k
Debtors£28.2k£51k
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023
Derived from the latest filing

How the business works

Profit margin
−44.4%
Profit ÷ revenue.
Gross margin
23.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£39.9k
Revenue ÷ average employees.
Profit per employee
−£17.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
32%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now −£89.6k
Cash at bank
▲60%
Now £12.9k
Headcount
▲100%
Now 4
Deferred income
—
Now —
Fixed assets
▼39%
Now £2.4k
Corporate ownership

Group structure

Ownership chain

  1. Spire Healthcare Group PLCultimate parent75–100%
  2. Spire Healthcare Finance Limited75–100%
  3. Spire Healthcare (Holdings) Limited75–100%
  4. Spire Healthcare Limited75–100%
  5. Kingfisher Topco Limited75–100%
  6. Kingfisher Midco Limited75–100%
  7. Kingfisher Bidco Limited75–100%
  8. Vita Health Group Limited75–100%
  9. Physiotherapy Specialists Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Dec 2022 (profit −£70.8k), from the Companies House accounts bulk data published Oct 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.