IHC

Inspiration Healthcare Group PLC

Health Care First-pass screen £26m

280/1000 Overall fit

AI beneficiary 35% 20

Operating leverage 25% 38

Valuation 25% 28

Downside protection 15% 32

First-pass take

Loss-making neonatal med-tech with acute balance-sheet distress (£6m net loss, covenant breach, £0.4m cash). Defensive underlying demand insufficient to offset financial weakness and going-concern reliance.

Flags

loss-makinggoing-concerncovenant-breachnet-debtcustomer-concentrationregulatory-riskno-valuation-datam-and-amicro-cap