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Company No. 03566725 · Incorporated 19 May 1998

Speed Medical Examination Services Limited

Registered name: SPEED MEDICAL EXAMINATION SERVICES LIMITED

Part of FL 360 Limited group

Speed Medical Examination Services Limited made £35.9m revenue and £1.6m profit in the year to 31 May 2025. read from filing text

Speed Medical Examination Services Limited’s revenue grew 14% to £35.9m in the year to 31 May 2025, with £1.6m profit and 206 employees. The company is classified under “other human health activities” and is based in Chorley; we hold 4 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities
Status
Active
Location
Chorley, North West
Age
28 yrs · since 1998
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 ultimate controlling party is Dr Rajnish Luthra. The ultimate parent company is FL 360 Limited, a”

Latest accounts · year to 31 May 2025

Key figures

Revenue
£35.9m
Growth ▲13.7%
Profit
£1.6m
Growth ▼21.4%
Profit margin
4.5%
Gross 38%
Employees
206
Change ▲2.5%
Profit / employee
£7.8k
Revenue/employee £174k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202231 May 202331 May 202431 May 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£25.3m£26.5m£31.5m£35.9m
Cost of sales£16.1m£16.6m£18.4m£22.2m
Gross profit£9.2m£9.9m£13.1m£13.6m
Operating profit£2m£2.3m£5m£4.9m
Profit before tax£1.1m£815k£3.1m£2.2m
Profit after tax£1m£711k£2.1m£1.6m
Profit (best available)£1m£711k£2.1m£1.6m
Staff costs£5.3m£5.6m£5.9m£6.6m
Employees (average)194186201206
Ratios
Profit margin4.1%2.7%6.5%4.5%
Gross margin36.4%37.3%41.6%38%
Revenue per employee£130k£143k£157k£174k
Profit per employee£5.4k£3.8k£10.2k£7.8k
Growth (year on year)
Revenue growth—▲4.9%▲18.9%▲13.7%
Profit growth—▼32.1%▲189%▼21.4%
Headcount growth—▼4.1%▲8.1%▲2.5%
Balance sheet — indirect signals, not revenue
Cash at bank£200£69.2k£69.5k£11.7k
Net assets£30.1m£30.2m£31.7m£32.6m
Fixed assets£2.4m£2.8m£2.9m£3.9m
Current assets£69.8m£72m£78.4m£84m
Debtors£27.2m£29.6m£34.7m£40.2m
Deferred income£7.1m£7m£5m£3.8m
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
4.5%
Profit ÷ revenue.
Gross margin
38%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£174k
Revenue ÷ average employees.
Profit per employee
£7.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
10.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
10.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
112.1%
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
▲3%
Now £32.6m
Cash at bank
▼83%
Now £11.7k
Headcount
▲2%
Now 206
Deferred income
▼24%
Now £3.8m
Fixed assets
▲35%
Now £3.9m

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

  1. FL 360 Limitedultimate parent75–100%
  2. Speed Medical Examination Services Limitedthis company

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

Subsidiaries (1)

Sister companies (23)

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 May 2025 (profit £1.6m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

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