How much does Essex X-Ray and Medical Equipment Limited make?

Essex X-Ray and Medical Equipment Limited reported revenue of £6.8m and £2.2m profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Essex X-Ray and Medical Equipment Limited have?

Essex X-Ray and Medical Equipment Limited reported an average of 51 employees in the year to 31 Oct 2025.

Is Essex X-Ray and Medical Equipment Limited profitable?

Yes — Essex X-Ray and Medical Equipment Limited reported a profit of £2.2m in the year to 31 Oct 2025.

Company No. 02624214 · Incorporated 26 Jun 1991

Essex X-Ray and Medical Equipment Limited

Registered name: ESSEX X-RAY AND MEDICAL EQUIPMENT LIMITED

Essex X-Ray and Medical Equipment Limited made £6.8m revenue and £2.2m profit in the year to 31 Oct 2025. read from filing text

Essex X-Ray and Medical Equipment Limited’s revenue fell 5% to £6.8m in the year to 31 Oct 2025, with £2.2m profit and 51 employees. The company is classified under “manufacture of other electrical equipment” and is based in Braintree; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27900Manufacture of other electrical equipment

Status: Active
Location: Braintree, East of England
Age: 35 yrs · since 1991
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 HVT Group Inc. and the ultimate parent undertaking is HEICO Corporation, both of which are registered in the USA. The only company in which the results of Essex X-Ray a”

Latest accounts · year to 31 Oct 2025

Key figures

Revenue

£6.8m

Growth ▼4.9%

Profit

£2.2m

Growth ▲16%

Profit margin

32.5%

Gross 39.5%

Employees

Change ▲2%

Profit / employee

£43.3k

Revenue/employee £133k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£7.4m	£8.3m	£7.1m	£6.8m
Cost of sales	£4.1m	£4.7m	£4.1m	£4.1m
Gross profit	£3.2m	£3.6m	£3m	£2.7m
Operating profit	£2.5m	£2.8m	£2.2m	£2.8m
Profit before tax	£2.4m	£2.7m	£1.9m	£2.2m
Profit after tax	£2m	£2.3m	£1.9m	£2.2m
Profit (best available)	£2m	£2.3m	£1.9m	£2.2m
Staff costs	£2.1m	£2.2m	£2m	£2.2m
Employees (average)	55	56	50	51
Ratios
Profit margin	26.6%	27.3%	26.7%	32.5%
Gross margin	43.8%	43.4%	42.6%	39.5%
Revenue per employee	£134k	£148k	£143k	£133k
Profit per employee	£35.6k	£40.3k	£38.1k	£43.3k
Cash conversion	−93.7%	−118.6%	−32.2%	—
Growth (year on year)
Revenue growth	—	▲12.4%	▼13.6%	▼4.9%
Profit growth	—	▲15.4%	▼15.6%	▲16%
Headcount growth	—	▲1.8%	▼10.7%	▲2%
Balance sheet — indirect signals, not revenue
Cash at bank	£977k	£705k	£366k	£1.7m
Net assets	£2.8m	£3.5m	£4.6m	£5.8m
Fixed assets	£2.5m	£4.9m	£11.3m	£14.1m
Current assets	£3m	£3.2m	£3.5m	£4.8m
Debtors	£905k	£1m	£851k	£899k
Deferred income	£374k	£367k	£334k	£339k
Cash from operations	−£2.3m	−£3.3m	−£705k	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 32.5%; Profit ÷ revenue.
Gross margin: 39.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £133k; Revenue ÷ average employees.
Profit per employee: £43.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 207%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.2%; 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: ▲27%; Now £5.8m
Cash at bank: ▲364%; Now £1.7m
Headcount: ▲2%; Now 51
Deferred income: ▲2%; Now £339k
Fixed assets: ▲24%; Now £14.1m

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 Oct 2025 (profit £2.2m), from the Companies House accounts bulk data published Aug 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.