Direct Healthcare 24 Limited
Registered name: DIRECT HEALTHCARE 24 LIMITED
Part of Blackwater Capital Holdings Limited groupDirect Healthcare 24 Limited made £22.5m revenue and £3m profit in the year to 30 Sep 2024.
Direct Healthcare 24 Limited’s revenue grew 5% to £22.5m in the year to 30 Sep 2024, with £3m profit and 43 employees. The company is classified under “temporary employment agency activities” and is based in Harrow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Harrow, London
- Age
- 12 yrs · since 2013
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £24.3m | £21.5m | £22.5m |
| Cost of sales | £15.4m | £13.6m | £14m |
| Gross profit | £8.9m | £7.9m | £8.5m |
| Operating profit | £4.8m | £3.7m | £4m |
| Profit before tax | £4.8m | £3.8m | £4m |
| Profit after tax | £3.9m | £2.9m | £3m |
| Profit (best available) | £3.9m | £2.9m | £3m |
| Staff costs | £3.2m | £3.1m | £3.3m |
| Employees (average) | 41 | 40 | 43 |
| Ratios | |||
| Profit margin | 16.1% | 13.6% | 13.4% |
| Gross margin | 36.5% | 36.7% | 37.6% |
| Revenue per employee | £593k | £537k | £523k |
| Profit per employee | £95.7k | £73.1k | £70.1k |
| Cash conversion | −62.1% | −142.9% | −114.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▼11.7% | ▲4.7% |
| Profit growth | — | ▼25.5% | ▲3% |
| Headcount growth | — | ▼2.4% | ▲7.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £499k | £1.3m | £1.4m |
| Net assets | £2.8m | £3.5m | £2.4m |
| Fixed assets | — | £0 | £32.4k |
| Current assets | £5.4m | £5.2m | £4.6m |
| Debtors | £4.7m | £2.8m | £2.3m |
| Deferred income | £19.7k | £136k | £25.1k |
| Cash from operations | −£3m | −£5.4m | −£4.6m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 13.4%
- Profit ÷ revenue.
- Gross margin
- 37.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £523k
- Revenue ÷ average employees.
- Profit per employee
- £70.1k
- Profit ÷ average employees.
- Cash conversion
- −114.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.1%
- Money owed by customers. Low = customers pay quickly.
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
- ▼31%
- Now £2.4m
- Cash at bank
- ▲5%
- Now £1.4m
- Headcount
- ▲8%
- Now 43
- Deferred income
- ▼82%
- Now £25.1k
- Fixed assets
- —
- Now £32.4k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Blackwater Capital Holdings Limited (registered outside the UK register)ultimate parent75–100%
- Greencastle Holdings Limited50–75%
- Direct Healthcare 24 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (14)
- Coyle Personnel LimitedRev. £113m · Profit £2.5m
- Greencastle Solutions (UK) LimitedRev. £20.1m · Profit £12.9k
- Nutrix Personnel LimitedRev. £16.7m · Profit £734k
- Mayday Healthcare LimitedRev. £16.6m · Profit £719k
- Alert Health 24 LimitedRev. £8.4m · Profit £1m
- Plan B Healthcare LimitedRev. £6.9m · Profit £349k
- Zentro Solutions LimitedRev. £4.2m · Profit £344k
- Genesis Health Partners LimitedRev. £3.5m · Profit £215k
- Bridgeway Care Solutions LimitedRev. £2.4m · Profit £77.7k
- Change Education LimitedRev. £611k · Profit −£217k
- Panther Software LimitedRev. £574k · Profit £269k
- Coyle Family Investments LtdRev. £0 · Profit £772k
- Amc Professional LimitedFigures not disclosed
- Luna Care Holdings LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £3m), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.