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NUFFIELD HEALTH

Registered charity 205533 · accounts filings on the Charity Commission register · also known as NUFFIELD HOSPITALS, NUFFIELD NURSING HOMES TRUST · also registered in Scotland as SC041793 (OSCR)

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Latest income
£1453.1m
Latest spending
£1489.5m
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Group reported a deficit after tax of £36.4 million for the year ended 31 December 2024, an improvement from the £64.0 million deficit in the prior year. Per the trustees' report, the general fund remains in a deficit position of £155.0 million, with the Trustees committed to returning to a surplus position through increased profitability and cost reductions. The Group maintains a net debt of £473.2 million and has secured an extension to its additional loan facility until August 2026 to enhance financial stability.

What the accounts disclose

Highest-paid employee band: £340,000 - £349,999 — in the top quarter for charities its size (median £180k)
“£340,000 to £349,999” — page 70
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 720
“The highest paid Trustee, who was also a Director under company law in 2024, was Mr P Figgis with remuneration of £55,000” — page 69
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Mr P Figgis received £55,000; Ms N J Macdonald received £45,000; Mr S Maslin received £42,000; Mr N Sachdev received £21,000; Dr J Bajwa received £40,000; Mr M Stansfeld received £35,000; T Killen received £35,000; L Rochford received £39,000; K Whitworth received £35,000; E J Robb received £39,000.
“The highest paid Trustee, who was also a Director under company law in 2024, was Mr P Figgis with remuneration of £55,000” — page 69
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Alloc8tor Limited provided software services to the Group. A director of Alloc8tor Limited is the spouse of the Chief Operating Officer. The value of the contract in 2024 amounted to £675,719.
“Alloc8tor Limited provided software for the management of bank and agency staff to the Group. A director of Alloc8tor Limited is the spouse of Caroline Smith, Chief Operating Officer at Nuffield Health until 3 September 2024. The value of the contract in 2024 amounted to £675,719” — page 83
“Nuffield Health also purchased system implementation support services from Caroline Smith operating under MS4H. Expenses incurred by the Group payable to MS4H amounted to £272,096 in 2024” — page 83
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Group purchased system implementation support services from MS4H, operated by the former Chief Operating Officer. Expenses incurred amounted to £272,096 in 2024.
“Alloc8tor Limited provided software for the management of bank and agency staff to the Group. A director of Alloc8tor Limited is the spouse of Caroline Smith, Chief Operating Officer at Nuffield Health until 3 September 2024. The value of the contract in 2024 amounted to £675,719” — page 83
“Nuffield Health also purchased system implementation support services from Caroline Smith operating under MS4H. Expenses incurred by the Group payable to MS4H amounted to £272,096 in 2024” — page 83
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Mythbreaker Ltd, Cancer Centre London LLP, Parkside IHL Scanning Services LLP
“Other trading activities derive from the activities of Mythbreaker Ltd, Cancer Centre London LLP and Parkside IHL Scanning Services LLP.” — page 53
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Deloitte LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1453.1m
Total spending
£1489.5m
Cost of raising funds
£30.4m
Reserves (reported)
£0
Employees
19,361

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 2.7 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1453.1m£1489.5m
31/12/2023£1358.1m£1422.1m
31/12/2022£1238.4m£1301.0m
31/12/2021£995.6m£1028.4m
31/12/2020£779.9m£872.3m

Common questions

Is NUFFIELD HEALTH financially healthy?

The accounts state that the Group reported a deficit after tax of £36.4 million for the year ended 31 December 2024, an improvement from the £64.0 million deficit in the prior year. Per the trustees' report, the general fund remains in a deficit position of £155.0 million, with the Trustees committed to returning to a surplus position through increased profitability and cost reductions. The Group maintains a net debt of £473.2 million and has secured an extension to its additional loan facility until August 2026 to enhance financial stability. Its FY2024 accounts were audited by Deloitte LLP.

What does the highest-paid employee of NUFFIELD HEALTH earn?

Per its FY2024 accounts, the highest-paid employee was in the £340,000 - £349,999 band, and 720 employees earned over £60,000.