Medical Wire & Equipment Co.(Bath)limited
Registered name: MEDICAL WIRE & EQUIPMENT CO.(BATH)LIMITED
Medical Wire & Equipment Co.(Bath)limited made £12.5m revenue and a £147k loss in the year to 30 Jun 2025.
Medical Wire & Equipment Co.(Bath)limited’s revenue grew 20% to £12.5m in the year to 30 Jun 2025, with a loss of £147k and 97 employees. The company is classified under “other manufacturing” and is based in Wilts; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wilts, South West
- Age
- 70 yrs · since 1956
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £40.5m | £15.1m | £10.4m | £12.5m |
| Cost of sales | £16.7m | £8.7m | £6.3m | £7.9m |
| Gross profit | £23.8m | £6.4m | £4.1m | £4.6m |
| Operating profit | £17.4m | £651k | −£456k | −£578k |
| Profit before tax | £17.4m | £1m | £91.2k | −£189k |
| Profit after tax | £14.2m | £788k | £109k | −£147k |
| Profit (best available) | £14.2m | £788k | £109k | −£147k |
| Staff costs | £5.6m | £4.6m | £3.4m | £4.1m |
| Employees (average) | 182 | 131 | 94 | 97 |
| Ratios | ||||
| Profit margin | 34.9% | 5.2% | 1.1% | −1.2% |
| Gross margin | 58.8% | 42.3% | 39.1% | 36.6% |
| Revenue per employee | £223k | £116k | £111k | £129k |
| Profit per employee | £77.8k | £6k | £1.2k | −£1.5k |
| Cash conversion | −101.6% | −563% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼62.6% | ▼31.3% | ▲19.9% |
| Profit growth | — | ▼94.4% | ▼86.2% | ▼235.1% |
| Headcount growth | — | ▼28% | ▼28.2% | ▲3.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £19.4m | £17.5m | £11.9m | £10.6m |
| Net assets | £25.6m | £22m | £20.9m | £13.5m |
| Fixed assets | £4.8m | £4.4m | £3.6m | £3.2m |
| Current assets | £27.4m | £22.1m | £19.7m | £13.9m |
| Debtors | £2.6m | £1.1m | £1.3m | £1.2m |
| Deferred income | £160k | £69k | £54.2k | £133k |
| Cash from operations | −£17.7m | −£3.7m | £2.3m | −£5.4m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −1.2%
- Profit ÷ revenue.
- Gross margin
- 36.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £129k
- Revenue ÷ average employees.
- Profit per employee
- −£1.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- 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
- ▼35%
- Now £13.5m
- Cash at bank
- ▼11%
- Now £10.6m
- Headcount
- ▲3%
- Now 97
- Deferred income
- ▲145%
- Now £133k
- Fixed assets
- ▼13%
- Now £3.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Temuka Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£147k), from the Companies House accounts bulk data published Jun 2026. 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.