Connected Health Limited
Registered name: CONNECTED HEALTH LIMITED
Part of Nightingale Bidco Limited groupConnected Health Limited made £1.1k revenue and £17.6m profit in the year to 31 Dec 2025.
Connected Health Limited’s revenue fell 96% to £1.1k in the year to 31 Dec 2025, with £17.6m profit and 38 employees. The company is classified under “other human health activities” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 13 yrs · since 2012
- 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. From the filing: “The company is 100% controlled by Nightingale Bidco Limited.”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £30.5m | £37.3m | £29.1k | £1.1k |
| Cost of sales | £24.7m | £28.5m | £58.4k | −£1.1k |
| Gross profit | £5.8m | £8.9m | −£29.3k | £2.3k |
| Operating profit | £1.7m | £2.7m | −£2.8m | −£3.4m |
| Profit before tax | £1.7m | £2.5m | −£3.1m | £17.6m |
| Profit after tax | −£1.9m | −£2.6m | −£3.1m | £17.6m |
| Profit (best available) | −£1.9m | −£2.6m | −£3.1m | £17.6m |
| Staff costs | £25.8m | £31.1m | £1.8m | £2.3m |
| Employees (average) | 1,578 | 1,646 | 37 | 38 |
| Ratios | ||||
| Profit margin | −6.1% | −6.9% | −10496% | 1553597% |
| Gross margin | 19% | 23.7% | −100.5% | 199.2% |
| Revenue per employee | £19.4k | £22.7k | £787 | £30 |
| Profit per employee | −£1.2k | −£1.6k | −£82.6k | £464k |
| Cash conversion | 167.3% | 47.9% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲22.3% | ▼99.9% | ▼96.1% |
| Headcount growth | — | ▲4.3% | ▼97.8% | ▲2.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £215k | £71k | £190k | £312k |
| Net assets | −£7.8m | −£10.3m | −£13.4m | −£593k |
| Fixed assets | £6.4m | £6.6m | £6.3m | £6.3m |
| Current assets | £522k | £343k | £329k | £559k |
| Debtors | £182k | £16.4k | £7.7k | £246k |
| Deferred income | £232k | £54.4k | £81.5k | £168k |
| Cash from operations | £2.9m | £1.3m | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1553597%
- Profit ÷ revenue.
- Gross margin
- 199.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £30
- Revenue ÷ average employees.
- Profit per employee
- £464k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 557472%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 14764%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21686%
- 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
- —
- Now −£593k
- Cash at bank
- ▲64%
- Now £312k
- Headcount
- ▲3%
- Now 38
- Deferred income
- ▲106%
- Now £168k
- Fixed assets
- ▼0%
- Now £6.3m
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
- Nightingale Bidco Limitedultimate parent75–100%
- Connected Health Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Connected Health Domiciliary Care LimitedRev. £33.3m · Profit £5m
- Cecil's Way LimitedFigures not disclosed
- Connected Academy LimitedFigures not disclosed
- Connected Health (Care Ni) LimitedRev. — · Profit £1.3m
- Connected Living Lab LimitedFigures not disclosed
- Live Connected LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £17.6m), from the Companies House accounts bulk data published Sep 2026. 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.