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REGISTERED NUMBER: 09857065 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Healthcare Business Information Limited

Healthcare Business Information Limited (Registered number: 09857065)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Healthcare Business Information Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: T P Sheppard
I Mecci





REGISTERED OFFICE: 3 Forbury Place
23 Forbury Road
Reading
Berkshire
RG1 3JH





REGISTERED NUMBER: 09857065 (England and Wales)





AUDITORS: Charnwood Accountants & Business Advisors LLP
Statutory Auditor
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

Healthcare Business Information Limited (Registered number: 09857065)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 359,126
Tangible assets 5 - 3,804
- 362,930

CURRENT ASSETS
Debtors 6 10,598,053 478,741
Cash at bank - 2,176,786
10,598,053 2,655,527
CREDITORS
Amounts falling due within one year 7 - 933,009
NET CURRENT ASSETS 10,598,053 1,722,518
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,598,053

2,085,448

PROVISIONS FOR LIABILITIES - 90,733
NET ASSETS 10,598,053 1,994,715

CAPITAL AND RESERVES
Called up share capital 8 137 137
Share premium 14 14
Retained earnings 10,597,902 1,994,564
SHAREHOLDERS' FUNDS 10,598,053 1,994,715

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2025 and were signed on its behalf by:





I Mecci - Director


Healthcare Business Information Limited (Registered number: 09857065)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Healthcare Business Information Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is amortised over its estimated remaining useful life to 2023.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Healthcare Business Information Limited (Registered number: 09857065)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company ceased trading on 30th June 2024, with the trade, assets and liabilities transferred to the parent undertaking, IQVIA Ltd on that date. It is the intention to place the company into liquidation in due course although it remains dormant at the Balance Sheet date. Accordingly the Directors have adopted a basis other than going concern in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 27 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2024 3,590 445,174 448,764
Additions - 91,736 91,736
Disposals (3,590 ) (536,910 ) (540,500 )
At 31 December 2024 - - -
AMORTISATION
At 1 January 2024 3,590 86,048 89,638
Charge for year - 88,590 88,590
Eliminated on disposal (3,590 ) (174,638 ) (178,228 )
At 31 December 2024 - - -
NET BOOK VALUE
At 31 December 2024 - - -
At 31 December 2023 - 359,126 359,126

Healthcare Business Information Limited (Registered number: 09857065)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 21,899
Disposals (21,899 )
At 31 December 2024 -
DEPRECIATION
At 1 January 2024 18,095
Charge for year 2,072
Eliminated on disposal (20,167 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 3,804

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors - 464,760
Amounts owed by group undertakings 10,598,053 2
Other debtors - 13,979
10,598,053 478,741

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors - 28,621
Taxation and social security - 146,399
Other creditors - 757,989
- 933,009

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
137 Ordinary 1 137 137

Healthcare Business Information Limited (Registered number: 09857065)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.


We draw attention to Note 2 to the Financial Statements which explains that the company is dormant and the directors intend to liquidate the company in due course and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the Financial Statements. Accordingly, the Financial Statements have been prepared on a basis other than going concern as described in Note 2 (Going Concern).
The accounting for the aquisition of the trade, assets and liabilities of the Company by IQVIA Ltd has resulted in internally generated reserves at the Balance Sheet date.
Our opinion is not modified in respect of this matter.

Christopher David Hutton FCCA (Senior Statutory Auditor)
for and on behalf of Charnwood Accountants & Business Advisors LLP

10. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of IQVIA Ltd.
On the 30th June 2024 the business, assets and liabilities transferred to IQVIA Ltd for consideration of £10,594,532.
At the balance sheet date £10,598,053 was owed to the company by IQVIA Ltd.

11. ULTIMATE CONTROLLING PARTY

The controlling party is IQVIA Ltd.

The ultimate controlling party is IQVIA Holdings Inc..

IQVIA Holdings Inc. is incorporated in Delaware, USA.