How much does Cansford Laboratories Limited make?

Cansford Laboratories Limited reported revenue of £7.5m and £3.3m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Cansford Laboratories Limited have?

Cansford Laboratories Limited reported an average of 121 employees in the year to 31 Dec 2024.

Is Cansford Laboratories Limited profitable?

Yes — Cansford Laboratories Limited reported a profit of £3.3m in the year to 31 Dec 2024.

Company No. 07466011 · Incorporated 10 Dec 2010

Cansford Laboratories Limited

Registered name: CANSFORD LABORATORIES LIMITED

Part of Tic Bidco Limited group

Cansford Laboratories Limited made £7.5m revenue and £3.3m profit in the year to 31 Dec 2024. read from filing text

Cansford Laboratories Limited’s revenue fell 12% to £7.5m in the year to 31 Dec 2024, with £3.3m profit and 121 employees. The company is classified under “other human health activities” and is based in Cardiff; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities

Status: Active
Location: Cardiff, Wales
Age: 15 yrs · since 2010
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 immediate parent company is Cansford Associates Limited. The registered office is 1a Pentwyn Business Centre, Cardiff, CF23 7HB.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£7.5m

Growth ▼11.8%

Profit

£3.3m

Growth ▼15.3%

Profit margin

43.7%

Gross 68.1%

Employees

121

Change ▲33%

Profit / employee

£27k

Revenue/employee £61.8k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.5m	£7.5m
Cost of sales	£2.2m	£2.4m
Gross profit	£6.3m	£5.1m
Operating profit	£3.9m	£3.2m
Profit before tax	£3.9m	£3.3m
Profit after tax	£3.9m	£3.3m
Profit (best available)	£3.9m	£3.3m
Employees (average)	91	121
Ratios
Profit margin	45.5%	43.7%
Gross margin	73.9%	68.1%
Revenue per employee	£93.1k	£61.8k
Profit per employee	£42.4k	£27k
Growth (year on year)
Revenue growth	—	▼11.8%
Profit growth	—	▼15.3%
Headcount growth	—	▲33%
Balance sheet — indirect signals, not revenue
Cash at bank	£894k	£1.2m
Net assets	£8.1m	£6.2m
Fixed assets	£715k	£602k
Current assets	£8m	£6.1m
Debtors	£1m	£872k
Deferred income	£193k	£284k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 43.7%; Profit ÷ revenue.
Gross margin: 68.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £61.8k; Revenue ÷ average employees.
Profit per employee: £27k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.7%; 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: ▼24%; Now £6.2m
Cash at bank: ▲32%; Now £1.2m
Headcount: ▲33%; Now 121
Deferred income: ▲47%; Now £284k
Fixed assets: ▼16%; Now £602k

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

Tic Bidco Limitedultimate parent75–100%
Puma Topco Limited75–100%
Puma Bidco Limited75–100%
Phenna Group Topco Limited75–100%
Phenna Group Midco 1 Limited75–100%
Phenna Group Midco 2 Limited75–100%
Phenna Group Holdings Limited75–100%
Cortex Topco Limited75–100%
Cortex Bidco Limited75–100%
Cansford Associates Limited75–100%
Cansford Laboratories 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 2024 (profit £3.3m), from the Companies House accounts bulk data published Sep 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.