Babylon Healthcare Services Limited

Active09229684Health & social workIncorporated 22 Sept 2014 · London

The principal activity of the Company provides healthcare services primarily through employee benefit contracts withcorporations, private patients, and its NHS GP at Hand offering. This includes engaging healthcare professionals andselling the company's services through the technology developed by other companies in the Group. Within its Babylon GP at Hand offering, the company provides medical services under a contract with NHS for patients registered with Babylon GP at hand or temporarily resident in the area and seeking primary medical care. The other primary activity of the company is providing clinical services through the agreement with private insurers, as well as through agreements with employers for whom the company provides employees access to its clinical services.

Revenue

£29.3m

▼ -30.9% vs prior ~12m period

Profit after tax

£1.3m

Margin 6.5%

Employees

522

▼ -32.1% vs prior ~12m period

Net assets

£9.4m

Total assets £32.0m

Financial history

Revenue by accounting period

3 periods available · ▲ growth ▼ decline

Jan 2023
Not available
Dec 2023
£42.4m
Dec 2024
£29.3m▼ -30.9%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£29.3m▼ -30.9%£1.3m522£9.4m
31 Dec 2023£42.4m—£2.6m769£8.0m
1 Jan 2023————£5.8m

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£29.3m
Gross profit
£17.3m
Operating profit
£1.9m
Profit before tax
£1.3m
Profit after tax
£1.3m

Balance sheet

Total assets
£32.0m
Cash
£841k
Total liabilities
£22.7m
Net assets
£9.4m
Revenue per employee
£56k

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