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Company No. 04179047 · Incorporated 14 Mar 2001

Morningside Healthcare Limited

Registered name: MORNINGSIDE HEALTHCARE LIMITED

Part of Aitma Limited group

Morningside Healthcare Limited made £21.3m revenue and £10.5m profit in the year to 31 Dec 2025. read from filing text

Morningside Healthcare Limited’s revenue fell 16% to £21.3m in the year to 31 Dec 2025, with £10.5m profit and 10 employees. The company is classified under “manufacture of pharmaceutical preparations” and is based in Northampton; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 21200Manufacture of pharmaceutical preparations
Status
Active
Location
Northampton, East Midlands
Age
25 yrs · since 2001
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 immediate parent company is Alvedius Limited, which is in turn wholly owned by Aitma Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£21.3m
Growth ▼15.8%
Profit
£10.5m
Growth ▼31.4%
Profit margin
49.2%
Gross 85.6%
Employees
10
Change ▼44.4%
Profit / employee
£1m
Revenue/employee £2.1m
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 Dec 202231 Dec 202331 Dec 202431 Dec 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)£24.3m£23.2m£25.3m£21.3m
Cost of sales£492k£877k£2.2m£3.1m
Gross profit£23.8m£22.3m£23.1m£18.2m
Operating profit£9.7m£15.2m£16.7m£12.1m
Profit before tax£9.7m£15.4m£16.8m£12.1m
Profit after tax£7.5m£14.8m£15.3m£10.5m
Profit (best available)£7.5m£14.8m£15.3m£10.5m
Staff costs£1.2m£1.1m£1m£761k
Employees (average)28221810
Ratios
Profit margin31%63.6%60.4%49.2%
Gross margin98%96.2%91.3%85.6%
Revenue per employee£869k£1.1m£1.4m£2.1m
Profit per employee£269k£672k£848k£1m
Growth (year on year)
Revenue growth—▼4.6%▲8.8%▼15.8%
Profit growth—▲96.1%▲3.3%▼31.4%
Headcount growth—▼21.4%▼18.2%▼44.4%
Balance sheet — indirect signals, not revenue
Cash at bank£855k£894k£3.9m£51k
Net assets£15.2m£10.5m£3m£13.5m
Fixed assets£889k£2.6m£5.2m£6.9m
Current assets£17.3m£10.2m£4.6m£11.4m
Debtors£82.8k£78.7k£4.4k£2k
Deferred income£813k£812k£1.2m£1m
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
49.2%
Profit ÷ revenue.
Gross margin
85.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£2.1m
Revenue ÷ average employees.
Profit per employee
£1m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
32.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
4.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
▲347%
Now £13.5m
Cash at bank
▼99%
Now £51k
Headcount
▼44%
Now 10
Deferred income
▼13%
Now £1m
Fixed assets
▲32%
Now £6.9m

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. Aitma Limitedultimate parent75–100%
  2. Alvedius Ltd75–100%
  3. Morningside Healthcare 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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £10.5m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 24 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.