Medicom Healthcare Limited
Registered name: MEDICOM HEALTHCARE LIMITED
Medicom Healthcare Limited made £10.7m revenue and £596k profit in the year to 31 Dec 2023.
Medicom Healthcare Limited’s revenue fell 21% to £10.7m in the year to 31 Dec 2023, with £596k profit and 34 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Kings Cross; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Kings Cross, London
- Age
- 26 yrs · since 2000
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.5m | £10.7m |
| Cost of sales | £6.8m | £4.4m |
| Gross profit | £6.8m | £6.3m |
| Operating profit | −£51.1k | £691k |
| Profit before tax | −£92.6k | £614k |
| Profit after tax | £18.9k | £596k |
| Profit (best available) | £18.9k | £596k |
| Staff costs | £3.1m | £2.9m |
| Employees (average) | 38 | 34 |
| Ratios | ||
| Profit margin | 0.1% | 5.5% |
| Gross margin | 50.1% | 59% |
| Revenue per employee | £356k | £316k |
| Profit per employee | £498 | £17.5k |
| Cash conversion | — | 95.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▼20.6% |
| Profit growth | — | ▲3047% |
| Headcount growth | — | ▼10.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £14.1k | £177k |
| Net assets | £1.2m | £1.2m |
| Fixed assets | £1m | £759k |
| Current assets | £5.5m | £5.1m |
| Debtors | £3.2m | £2.8m |
| Deferred income | £68.5k | £163k |
| Cash from operations | £478k | £663k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 59%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £316k
- Revenue ÷ average employees.
- Profit per employee
- £17.5k
- Profit ÷ average employees.
- Cash conversion
- 95.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.9%
- 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
- ▲4%
- Now £1.2m
- Cash at bank
- ▲1153%
- Now £177k
- Headcount
- ▼11%
- Now 34
- Deferred income
- ▲138%
- Now £163k
- Fixed assets
- ▼24%
- Now £759k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Mediwin Ppip Ltd.Littlehampton · Wholesale of pharmaceutical goods
- Revenue
- £11.5m
- Profit
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- Staff
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- Cytoplan LimitedWorcester · Wholesale of pharmaceutical goods
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- £11.8m
- Profit
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- Mossvet LimitedCraigavon · Wholesale of pharmaceutical goods
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- £11.9m
- Profit
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- Galar Ireland LtdBelfast · Wholesale of pharmaceutical goods
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- £12.1m
- Profit
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- Recordati Pharmaceuticals LimitedHemel Hempstead · Wholesale of pharmaceutical goods
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- Teleta Pharma LimitedLoughton · Wholesale of pharmaceutical goods
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £596k), from the Companies House accounts bulk data published Dec 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.