How much does LBG Medical Ltd make?

LBG Medical Ltd reported revenue of £2.4m and a loss of £213k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does LBG Medical Ltd have?

LBG Medical Ltd reported an average of 26 employees in the year to 31 Dec 2024.

Is LBG Medical Ltd profitable?

No — LBG Medical Ltd reported a loss of £213k in the year to 31 Dec 2024.

Company No. 01498237 · Incorporated 22 May 1980

LBG Medical Ltd

Registered name: LBG MEDICAL LTD

LBG Medical Ltd made £2.4m revenue and a £213k loss in the year to 31 Dec 2024.

LBG Medical Ltd’s revenue was £2.4m in the year to 31 Dec 2024, with a loss of £213k and 26 employees. The company is classified under “manufacture of medical and dental instruments and supplies” and is based in Stafford; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32500Manufacture of medical and dental instruments and supplies

Status: Active
Location: Stafford, West Midlands
Age: 46 yrs · since 1980
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-light

Revenue

£2.4m

Growth ▼0.4%

Profit

−£213k

Growth —

Profit margin

−8.9%

Gross 29.1%

Employees

Change ▼38.1%

Profit / employee

−£8.2k

Revenue/employee £92.2k

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 Dec 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£2.4m	£2.4m
Cost of sales	—	£1.8m	£1.7m
Gross profit	—	£656k	£698k
Operating profit	—	−£180k	−£182k
Profit before tax	—	−£184k	−£213k
Profit after tax	—	−£184k	−£213k
Profit (best available)	—	−£184k	−£213k
Employees (average)	44	42	26
Ratios
Profit margin	—	−7.6%	−8.9%
Gross margin	—	27.3%	29.1%
Revenue per employee	—	£57.3k	£92.2k
Profit per employee	—	−£4.4k	−£8.2k
Growth (year on year)
Revenue growth	—	—	▼0.4%
Headcount growth	—	▼4.5%	▼38.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£48.1k	£10.1k	£32.2k
Net assets	£901k	£717k	£504k
Fixed assets	£246k	£203k	£163k
Current assets	£2.4m	£2.3m	£1.5m
Debtors	£1.9m	£415k	£185k
Deferred income	—	—	£20.1k
Source	AbridgedAccounts · bulk data Oct 2024	AbridgedAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −8.9%; Profit ÷ revenue.
Gross margin: 29.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £92.2k; Revenue ÷ average employees.
Profit per employee: −£8.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.7%; 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: ▼30%; Now £504k
Cash at bank: ▲219%; Now £32.2k
Headcount: ▼38%; Now 26
Deferred income: —; Now £20.1k
Fixed assets: ▼20%; Now £163k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£213k), 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.