How many employees does Gyrus Medical Limited have?

Gyrus Medical Limited reported an average of 187 employees in the year to 31 Dec 2023.

Is Gyrus Medical Limited profitable?

Yes — Gyrus Medical Limited reported a profit of £993k in the year to 31 Dec 2023.

Company No. 02349996 · Incorporated 20 Feb 1989

Gyrus Medical Limited

Registered name: GYRUS MEDICAL LIMITED

Part of Atl Technology UK Holdings Limited group

Gyrus Medical Limited made £993k profit in the year to 31 Dec 2023 (revenue not disclosed).

Gyrus Medical Limited reported £993k profit in the year to 31 Dec 2023; its revenue was not disclosed. It had 187 employees. The company is classified under “manufacture of medical and dental instruments and supplies” and is based in Cardiff; we hold 3 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 32500Manufacture of medical and dental instruments and supplies

Status: Active
Location: Cardiff, Wales
Age: 37 yrs · since 1989
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “During the year, the company was acquired by ATL Technology UK Holdings LImited, a company registered in England and Wales with company number 14795385, who became the immediate parent undertaking. Th”

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

—

Not disclosed in filing

Profit

£993k

Growth —

Profit margin

—

Employees

187

Change —

Profit / employee

£5.3k

Profitable streak

3yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Profit only
Profit & loss
Revenue (turnover)	£34.4m	£33m	—
Cost of sales	£19.3m	£20m	£13.7m
Gross profit	£15.1m	£13m	—
Operating profit	£3.4m	£1.3m	—
Profit before tax	£3.4m	£1.5m	£1.2m
Profit after tax	£3.3m	£1.7m	£993k
Profit (best available)	£3.3m	£1.7m	£993k
Staff costs	£9.1m	£9.8m	£7m
Employees (average)	197	200	187
Ratios
Profit margin	9.7%	5%	—
Gross margin	43.9%	39.3%	—
Revenue per employee	£175k	£165k	—
Profit per employee	£17k	£8.3k	£5.3k
Growth (year on year)
Revenue growth	—	▼4.1%	—
Profit growth	—	▼50.2%	—
Headcount growth	—	▲1.5%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£9k	£6k	£1.3m
Net assets	£23.3m	£25m	£6.4m
Fixed assets	£3.2m	£2.4m	£2.4m
Current assets	£25.7m	£27.3m	£16.6m
Debtors	£2.8m	£4.6m	£5.1m
Deferred income	£3.3m	£3.2m	£3.3m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £5.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £6.4m
Cash at bank: —; Now £1.3m
Headcount: —; Now 187
Deferred income: —; Now £3.3m
Fixed assets: —; Now £2.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Atl Technology UK Holdings Limitedultimate parent75–100%
Gyrus Medical Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £993k), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.