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Registered number: 15482189
Natali Healthcare Solutions UK Ltd
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Directors' Report 1
Independent Auditor's Report 2—3
Consolidated Profit and Loss Account 4
Consolidated Balance Sheet 5
Company Balance Sheet 6
Notes to the Financial Statements 7—12
Page 1
Directors' Report
The directors present their report and the financial statements for the year ended 31 December 2025.
Directors
The directors who held office during the year were as follows:
Nimrod Altman
Yuan Qianhui
Wu Gang
Mr Peter Harrington Appointed 08/01/2025
Lingyun Zhai Resigned 06/03/2026
Mr Paul Lester Appointed 06/03/2026
Mrs Lisa D'Arcy-Burt
Zhang Yuanjian Appointed 06/03/2026
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing the financial statements the directors are required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company and group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Statement of Disclosure of Information to Auditors
In the case of each director in office at the date the Directors' Report is approved: 
  • so far as the director is aware, there is no relevant audit information of which the company and group's auditors are unaware; and
  • they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company and group's auditors are aware of that information.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mrs Lisa D'Arcy-Burt
Director
17 July 2026
Page 1
Page 2
Independent Auditor's Report
Opinion
We have audited the financial statements of Natali Healthcare Solutions UK Ltd (the "parent company") and its subsidiaries (the "group") for the year ended 31 December 2025 which comprise the Consolidated Balance Sheet, Company Balance Sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 - Section 1A for Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
In our opinion the financial statements:
  • give a true and fair view of the state of the group's and of the parent company's affairs as at 31 December 2025 and of the group's profit/(loss) for the year then ended;
  • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice applicable to smaller entities; and
  • have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for Opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 11 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions Relating to Going Concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Opinions on Other Matters Prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
  • the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
  • the Directors' Report have been prepared in accordance with applicable legal requirements.
Matters on Which We Are Required to Report by Exception
In the light of the knowledge and understanding of the group and parent company and their environment obtained in the course of the audit, we have not identified material misstatements in the Directors' Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
  • adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
  • the parent company financial statements are not in agreement with the accounting records or returns; or
  • certain disclosures of directors' remuneration specified by law are not made; or
  • we have not received all the information and explanations we require for our audit, or
  • the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Directors' Report and from the requirement to prepare a Strategic Report.
Page 2
Page 3
Responsibilities of Directors
As explained more fully in the Directors' Responsibilities Statement set out on page 1, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the group and parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.
Auditor's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 
Irregularities, including fraud, are instances of non-compliance with laws and regulations.
We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion.
Procedures performed by the audit team included:
- Discussions with management regarding known or suspected instances of non-compliance with laws and regulations;
- Evaluation of controls designed to prevent and detect irregularities; and
- Assessing journals entries as part of our planned audit approach.
There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it.
As in all of our audits we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use Of Our Report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Katie Wood FCA FCCA (Senior Statutory Auditor)
for and on behalf of JWR Audit Limited , Statutory Auditor
17 July 2026
JWR Audit Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ
Page 3
Page 4
Consolidated Profit and Loss Account
31 December 2025 31 December 2024
Notes £ £
TURNOVER 11,431,164 4,023,300
Cost of sales (7,937,629 ) (2,914,086 )
GROSS PROFIT 3,493,535 1,109,214
Administrative expenses (3,376,371 ) (1,208,453 )
OPERATING PROFIT/(LOSS) 117,164 (99,239 )
Loss on disposal of fixed assets (506 ) (29,317 )
Other interest receivable and similar income 4,307 6,828
Interest payable and similar charges (56,380 ) (9,665 )
PROFIT/(LOSS) BEFORE TAXATION 64,585 (131,393 )
Tax on Profit/(loss) (57,125 ) 14,645
PROFIT/(LOSS) AFTER TAXATION BEING PROFIT/(LOSS) FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT 7,460 (116,748 )
The notes on pages 7 to 12 form part of these financial statements.
Page 4
Page 5
Consolidated Balance Sheet
Registered number: 15482189
31 December 2025 31 December 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,442,481 3,021,839
Tangible Assets 5 136,123 138,816
3,578,604 3,160,655
CURRENT ASSETS
Debtors 7 1,459,082 818,684
Cash at bank and in hand 1,382,174 1,165,733
2,841,256 1,984,417
Creditors: Amounts Falling Due Within One Year 8 (2,395,665 ) (1,115,058 )
NET CURRENT ASSETS (LIABILITIES) 445,591 869,359
TOTAL ASSETS LESS CURRENT LIABILITIES 4,024,195 4,030,014
Creditors: Amounts Falling Due After More Than One Year - (33,742 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (20,463 ) -
NET ASSETS 4,003,732 3,996,272
CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Other reserves 4,020,964 4,020,964
Profit and Loss Account (19,232 ) (26,692 )
SHAREHOLDERS' FUNDS 4,003,732 3,996,272
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mrs Lisa D'Arcy-Burt
Director
17 July 2026
The notes on pages 7 to 12 form part of these financial statements.
Page 5
Page 6
Company Balance Sheet
Registered number: 15482189
31 December 2025 31 December 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,797 -
Investments 6 3,495,968 654,487
3,497,765 654,487
CURRENT ASSETS
Debtors 7 1,668,000 3,371,052
Cash at bank and in hand 816,023 11,280
2,484,023 3,382,332
Creditors: Amounts Falling Due Within One Year 8 (1,542,184 ) (14,013 )
NET CURRENT ASSETS (LIABILITIES) 941,839 3,368,319
TOTAL ASSETS LESS CURRENT LIABILITIES 4,439,604 4,022,806
NET ASSETS 4,439,604 4,022,806
CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Other reserves 4,020,964 4,020,964
Profit and Loss Account 416,640 (158 )
SHAREHOLDERS' FUNDS 4,439,604 4,022,806
In accordance with section 408(3) of the Companies Act 2006, the company has not presented its own profit and loss account and the related notes. The company's profit/(loss) for the year was £ 416,798 (2024: £(158 ) loss).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Lisa D'Arcy-Burt
Director
17 July 2026
The notes on pages 7 to 12 form part of these financial statements.
Page 6
Page 7
Notes to the Financial Statements
1. General Information
Natali Healthcare Solutions UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15482189 . The registered office is Threefield House, Threefield Lane, Southampton, SO14 3LP.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Basis Of Consolidation
The group consolidated financial statements include the financial statements of the company and all of its subsidiary undertakings together with the group’s share of the results of associates made up to 31 December 2025.
A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. Where the group owns less than 50% of the voting powers of an entity but controls the entity by virtue of an agreement with other investors which give it control of the financial and operating policies of the entity, it accounts for that entity as a subsidiary.
Where a subsidiary has different accounting policies to the group, adjustments are made to those subsidiary financial statements to apply the group’s accounting policies when preparing the consolidated financial statements.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the group holds a long-term interest and where the group has significant influence. The group considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. The results of associates are accounted for using the equity method of accounting.
Any subsidiary undertakings or associates sold or acquired during the year are included up to, or from, the dates of change of control or change of significant influence respectively.
Where control of a subsidiary is lost, the gain or loss is recognised in the consolidated income statement. The cumulative amounts of any exchange differences on translation, recognised in equity, are not included in the gain or loss on disposal and are transferred to retained earnings. The gain or loss also includes amounts included in other comprehensive income that are required to be reclassified to profit or loss but excludes those amounts that are not required to be reclassified.
Where control of a subsidiary is achieved in stages, the initial acquisition that gave the group control is accounted for as a business combination. Thereafter where the group increases its controlling interest in the subsidiary the transaction is treated as a transaction between equity holders. Any difference between the fair value of the consideration paid and the carrying amount of the non-controlling interest acquired is recognised directly in equity. No changes are made to the carrying value of assets, liabilities or provisions for contingent liabilities.
2.3. Business Combinations
Business combinations are accounted for by applying the purchase method.
The cost of a business combination is the fair value of the consideration given, liabilities incurred or assumed and of equity instruments issued plus the costs directly attributable to the business combination. Where control is achieved in stages the cost is the consideration at the date of each transaction.
Contingent consideration is initially recognised at estimated amount where the consideration is probable and can be measured reliably. Where (i) the contingent consideration is not considered probable or cannot be reliably measured but subsequently becomes probable and measurable or (ii) contingent consideration previously measured is adjusted, the amounts are recognised as an adjustment to the cost of the business combination.
On acquisition of a business, fair values are attributed to the identifiable assets, liabilities and contingent liabilities unless the fair value cannot be measured reliably, in which case the value is incorporated in goodwill. Intangible assets are only recognised separately from goodwill where they are separable and arise from contractual or other legal rights. Where the fair value of contingent liabilities cannot be reliably measured they are disclosed on the same basis as other contingent liabilities.
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2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.5. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.6. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of 5 years.
2.7. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% Straight Line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance/30% Straight line
2.8. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the group. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.9. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The group's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Group
Average number of employees during the year was: 413 (2024: 202)
Company
Average number of employees, including directors, during the year was: 9 (2024: 4)
413 202
9 4
4. Intangible Assets
Group
Goodwill Other Total
£ £ £
Cost
As at 1 January 2025 3,184,768 18,000 3,202,768
Additions 553,827 - 553,827
As at 31 December 2025 3,738,595 18,000 3,756,595
Amortisation
As at 1 January 2025 163,229 17,700 180,929
Provided during the period 11,085 300 11,385
Impairment losses 121,800 - 121,800
As at 31 December 2025 296,114 18,000 314,114
Net Book Value
As at 31 December 2025 3,442,481 - 3,442,481
As at 1 January 2025 3,021,539 300 3,021,839
Company
The company had no intangible fixed assets as at 31 December 2025 or 31 December 2024.
5. Tangible Assets
Group
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 January 2025 4,805 23,947 95,932 205,251
Additions - - - 110
Disposals - - (63,673 ) (32,648 )
Revaluation (4,805 ) - - -
Other - - 18,442 -
As at 31 December 2025 - 23,947 50,701 172,713
...CONTINUED
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Depreciation
As at 1 January 2025 - 20,608 52,423 168,830
Provided during the period - 835 25,030 8,445
Disposals - - (46,707 ) (29,932 )
As at 31 December 2025 - 21,443 30,746 147,343
Net Book Value
As at 31 December 2025 - 2,504 19,955 25,370
As at 1 January 2025 4,805 3,339 43,509 36,421
Computer Equipment Total
£ £
Cost or Valuation
As at 1 January 2025 74,927 404,862
Additions 74,418 74,528
Disposals (10,378 ) (106,699 )
Revaluation - (4,805 )
Other - 18,442
As at 31 December 2025 138,967 386,328
Depreciation
As at 1 January 2025 24,185 266,046
Provided during the period 28,473 62,783
Disposals (1,985 ) (78,624 )
As at 31 December 2025 50,673 250,205
Net Book Value
As at 31 December 2025 88,294 136,123
As at 1 January 2025 50,742 138,816
Company
Computer Equipment
£
Cost
As at 1 January 2025 -
Additions 1,848
As at 31 December 2025 1,848
Depreciation
As at 1 January 2025 -
Provided during the period 51
As at 31 December 2025 51
Net Book Value
As at 31 December 2025 1,797
As at 1 January 2025 -
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6. Investments
Company
Subsidiaries
£
Cost or Valuation
As at 1 January 2025 654,487
Additions 2,841,481
As at 31 December 2025 3,495,968
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 3,495,968
As at 1 January 2025 654,487
7. Debtors
Group Company
31 December 2025 31 December 2024 31 December 2025 31 December 2024
£ £ £ £
Due within one year
Trade debtors 712,823 82,009 6,216 -
Amounts owed by group undertakings - - 1,644,926 3,366,852
Other debtors 746,259 736,675 16,858 4,200
1,459,082 818,684 1,668,000 3,371,052
8. Creditors: Amounts Falling Due Within One Year
Group Company
31 December 2025 31 December 2024 31 December 2025 31 December 2024
£ £ £ £
Net obligations under finance lease and hire purchase contracts - 13,410 - -
Trade creditors 51,341 65,693 4,118 296
Bank loans and overdrafts - 581 - -
Other loans 246,298 - 246,298 -
Amounts owed to group undertakings 1,240,241 - 1,240,241 -
Other creditors 646,712 880,094 26,652 5,400
Taxation and social security 211,073 155,280 24,875 8,317
2,395,665 1,115,058 1,542,184 14,013
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9. Obligations Under Finance Leases and Hire Purchase
Group
31 December 2025 31 December 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 13,410
Later than one year and not later than five years - 33,742
- 47,152
- 47,152
10. Share Capital
31 December 2025 31 December 2024
£ £
Allotted, Called up and fully paid 2,000 2,000
11. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
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