How much does Key Medical Services Limited make?

Key Medical Services Limited reported revenue of £18.5m and a loss of £5.1m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

Is Key Medical Services Limited profitable?

No — Key Medical Services Limited reported a loss of £5.1m in the year to 31 Mar 2025.

Company No. 10028640 · Incorporated 26 Feb 2016

Key Medical Services Limited

Registered name: KEY MEDICAL SERVICES LIMITED

Part of Icg Global Limited group

Key Medical Services Limited made £18.5m revenue and a £5.1m loss in the year to 31 Mar 2025.

Key Medical Services Limited’s revenue was £18.5m in the year to 31 Mar 2025, with a loss of £5.1m. The company is classified under “general medical practice activities” and is based in Bedford; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86210General medical practice activities SIC 86900Other human health activities

Status: Active
Location: Bedford, South East
Age: 10 yrs · since 2016
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: “Celsus Group Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£18.5m

Growth —

Profit

−£5.1m

Growth —

Profit margin

−27.4%

Gross 20%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£32.9m	£28.7m	£18.5m
Cost of sales	£26.7m	£23.3m	−£14.8m
Gross profit	£6.3m	£5.4m	£3.7m
Operating profit	—	—	−£4.9m
Profit before tax	£2.3m	£1.8m	−£5.1m
Profit after tax	£2.1m	£1.9m	−£5.1m
Profit (best available)	£2.1m	£1.9m	−£5.1m
Staff costs	£252k	£144k	—
Employees (average)	10	10	—
Ratios
Profit margin	6.4%	6.5%	−27.4%
Gross margin	19%	18.9%	20%
Revenue per employee	£3.3m	£2.9m	—
Profit per employee	£211k	£185k	—
Growth (year on year)
Revenue growth	—	▼12.9%	—
Profit growth	—	▼12.3%	—
Headcount growth	—	0%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£112k	£91.5k	—
Net assets	£3.1m	£4.9m	—
Fixed assets	£141	—	—
Current assets	£6.4m	£7.1m	—
Debtors	£2.2m	£1.3m	—
Source	Accounts · bulk data Aug 2024	Accounts · bulk data Aug 2024	Accounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −27.4%; Profit ÷ revenue.
Gross margin: 20%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Icg Global Limitedultimate parent75–100%
Icg Medical Limited75–100%
Key Medical Services Limitedthis company

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

Sister companies (12)

Medical Staffing LimitedRev. £15.7m · Profit −£259k
Affinity Care South West LtdFigures not disclosed
Agh Resourcing LimitedFigures not disclosed
Celsus Group LimitedFigures not disclosed
Clinical 24 Staffing LtdFigures not disclosed
Clinical Support Services Alliance LimitedFigures not disclosed
Cromwell Medical Staffing LimitedFigures not disclosed
Greenstaff Medical LimitedFigures not disclosed
Healthe LimitedFigures not disclosed
Imperial Workforce Solutions LimitedFigures not disclosed
Msi Recruitment LimitedFigures not disclosed
Neighbourhood Health Group LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit −£5.1m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Updated from Companies House on 25 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.