Pelican Healthcare Limited
Registered name: PELICAN HEALTHCARE LIMITED
Part of Eakin Healthcare Group Ltd groupPelican Healthcare Limited made £35.9m revenue and £5.4m profit in the year to 31 Mar 2025. read from filing text
Pelican Healthcare Limited’s revenue grew 24% to £35.9m in the year to 31 Mar 2025, with £5.4m profit and 184 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.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 35 yrs · since 1991
- 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: “The Company's ultimate parent undertaking is Dunrogan Limited, a company incorporated in the Isle of”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £26.6m | £29m | £35.9m |
| Cost of sales | £15.2m | £16.9m | £19.1m |
| Gross profit | £11.5m | £12.1m | £16.8m |
| Operating profit | £6m | £3.3m | £6.8m |
| Profit before tax | £6.1m | £3.5m | £7.2m |
| Profit after tax | £5.1m | £2.6m | £5.4m |
| Profit (best available) | £5.1m | £2.6m | £5.4m |
| Staff costs | £6.4m | £7m | £7.5m |
| Employees (average) | 163 | 170 | 184 |
| Ratios | |||
| Profit margin | 19.1% | 9% | 15% |
| Gross margin | 43% | 41.7% | 46.9% |
| Revenue per employee | £163k | £171k | £195k |
| Profit per employee | £31.2k | £15.4k | £29.3k |
| Cash conversion | −100.8% | — | −150.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▲9% | ▲23.8% |
| Profit growth | — | ▼48.7% | ▲106.4% |
| Headcount growth | — | ▲4.3% | ▲8.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.9m | £2.5m | £3.9m |
| Net assets | £23.5m | £26.1m | £27.5m |
| Fixed assets | £10.5m | £13.5m | £16.5m |
| Current assets | £17.3m | £17.8m | £17.6m |
| Debtors | £2.7m | £2.8m | £3.3m |
| Deferred income | £823k | £1.1m | £1.1m |
| Cash from operations | −£6.1m | — | −£10.3m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 15%
- Profit ÷ revenue.
- Gross margin
- 46.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £195k
- Revenue ÷ average employees.
- Profit per employee
- £29.3k
- Profit ÷ average employees.
- Cash conversion
- −150.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 45.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.2%
- Money owed by customers. Low = customers pay quickly.
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
- ▲5%
- Now £27.5m
- Cash at bank
- ▲55%
- Now £3.9m
- Headcount
- ▲8%
- Now 184
- Deferred income
- ▼0%
- Now £1.1m
- Fixed assets
- ▲22%
- Now £16.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Eakin Healthcare Group Ltdultimate parent75–100%
- Pelican Healthcare Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Labont LimitedFigures not disclosed
Sister companies (4)
- Respond Healthcare LimitedRev. £50.4m · Profit £1.2m
- T.G. Eakin LimitedRev. £41.3m · Profit £14m
- Armstrong Medical LtdRev. £16.8m · Profit −£1.8m
- Eakin R&D LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Profit
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- Profit
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- Anetic Aid LimitedHavant · Manufacture of medical and dental instruments and supplies
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- The Helping Hand Company (Ledbury) LimitedLedbury · Manufacture of medical and dental instruments and supplies
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £5.4m), from the Companies House accounts bulk data published Dec 2025. 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.