BETTER HEALTH INSURANCE ADVICE LTD - Profile & Financials

Accounts Submitted 1 Apr 2025

Confirmation Statement Submitted 10 Feb 2025

Net assets £-96.00K £79.00K 2024 year on year

Total assets £347.00K £13.00K 2024 year on year

Total Liabilities £443.00K £66.00K 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

Roddis House 4-12 Old Christchurch Road Bournemouth BH1 1LG United Kingdom

Telephone

0800 121 4944

[email protected]

Website

betterhealthadvice.co.uk

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£116.00k

Decreased by £12.00k (-9%)

Net Assets

-£96.00k

Decreased by £79.00k (-465%)

Total Liabilities

£443.00k

Increased by £66.00k (+18%)

Turnover

£3.17M

Employees

N/A

Decreased by 45 (-100%)

Debt Ratio

128%

Increased by 23 (+22%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

2 Allotments 6,999,999 Shares £7.00m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
27 Jun 2022	ORDINARY	5,000,000	£5.00m	£1
25 Mar 2013	ORDINARY	1,999,999	£2.00m	£1

Officers

5 active 3 resigned

Show resigned officers

						Status
David Priestley	Director	British	United Kingdom	54	30 Jan 2013	Active
Ian Leonard Slonim	Director	British	United Kingdom	55	19 Apr 2013	Active
Jennifer Cole	Secretary	Unknown	Unknown	—	6 Jan 2014	Active
Michael John Rea	Director	British	United Kingdom	42	20 Nov 2024	Active
Robert William Watts	Director	British	United Kingdom	70	30 Jan 2013	Active

Shareholders

Shareholders (2)


Discovery Holdings Europe Limited	93.3%	7,000,000	Ordinary	13 Feb 2023
Discovery Holdings Europe Limited	6.7%	500,000	Preference	13 Feb 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Discovery Holdings Europe Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

DISCOVERY HOLDINGS EUROPE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

DISCOVERY GROUP EUROPE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

DISCOVERY LIMITED south africa

BETTER HEALTH INSURANCE ADVICE LTD Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
4 Dec 2025	Officers	Termination of Jennifer Cole as director on 2025-11-28	View(1 page)
12 Jun 2025	Officers	Change Person Secretary Company With Change Date	View(1 page)
15 May 2025	Officers	Change to director Mr Robert William Watts on 2023-07-26	View(2 pages)
1 Apr 2025	Accounts	Annual accounts made up to 2024-06-30	View(29 pages)
1 Apr 2025	Accounts	Annual accounts filed	View(164 pages)