Ers Transition - Trading As Emed Group Limited
Registered name: ERS TRANSITION - TRADING AS EMED GROUP LIMITED
Part of Tip Emed Investments Lp. groupErs Transition - Trading As Emed Group Limited made £123m revenue and £6.6m profit in the year to 31 Dec 2025.
Ers Transition - Trading As Emed Group Limited’s revenue grew 65% to £123m in the year to 31 Dec 2025, with £6.6m profit and 2,320 employees. The company is classified under “other passenger land transport” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Leeds, Yorkshire and The Humber
- Age
- 9 yrs · since 2017
- 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: “EMED Group Limited”
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 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £52.7m | £54m | £74.6m | £123m |
| Cost of sales | £35.8m | £36.1m | £52.5m | −£88.4m |
| Gross profit | £16.9m | £17.8m | £22.1m | £34.4m |
| Operating profit | £4.2m | £2.3m | £5.2m | £6.6m |
| Profit before tax | £4.1m | £2.3m | £2.8m | £6.6m |
| Profit after tax | £3.5m | £2.6m | £2.5m | £6.6m |
| Profit (best available) | £3.5m | £2.6m | £2.5m | £6.6m |
| Staff costs | £29.1m | £29.8m | £41.4m | — |
| Employees (average) | 1,237 | 1,255 | 1,589 | 2,320 |
| Ratios | ||||
| Profit margin | 6.7% | 4.7% | 3.4% | 5.4% |
| Gross margin | 32.1% | 33% | 29.6% | 28% |
| Revenue per employee | £42.6k | £43k | £47k | £53k |
| Profit per employee | £2.9k | £2k | £1.6k | £2.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.4% | ▲38.3% | ▲64.6% |
| Profit growth | — | ▼27.4% | ▼1.8% | ▲163.9% |
| Headcount growth | — | ▲1.5% | ▲26.6% | ▲46% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2m | £1.6m | £734k | — |
| Net assets | £7m | £9.6m | £10m | — |
| Fixed assets | £1.3m | £1.2m | £907k | — |
| Current assets | £13.1m | £12.5m | £17.7m | — |
| Debtors | £3.3m | £4.2m | £3.9m | — |
| Deferred income | £1.8m | £2.2m | £2.6m | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 28%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £53k
- Revenue ÷ average employees.
- Profit per employee
- £2.9k
- 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.
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
- ▲46%
- Now 2,320
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Tip Emed Investments Lp. (registered outside the UK register)ultimate parent75–100%
- Pegasus Topco Limited75–100%
- Pegasus Bidco Limited75–100%
- Emed Group Holdings Limited75–100%
- Emed Group Midco Limited75–100%
- Emed Group Subco Limited75–100%
- Emed Group Limited75–100%
- Ers Transition - Trading As Emed Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Emed Holdings LimitedRev. — · Profit £3.4k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £6.6m), from the Companies House accounts bulk data published Jun 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.