Obs Medical Limited
Registered name: OBS MEDICAL LIMITED
Obs Medical Limited made £199k revenue and a £478k loss in the year to 31 Mar 2024.
Obs Medical Limited’s revenue grew 26% to £199k in the year to 31 Mar 2024, with a loss of £478k and 7 employees. The company is classified under “other research and experimental development on natural sciences and engineering” and is based in Cirencester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Cirencester, South West
- Age
- 26 yrs · since 2000
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £43.4k | £157k | £199k |
| Cost of sales | £2k | £17.7k | — |
| Gross profit | £41.4k | £140k | — |
| Operating profit | −£636k | −£511k | — |
| Profit before tax | −£639k | −£513k | — |
| Profit after tax | −£529k | −£280k | −£478k |
| Profit (best available) | −£529k | −£280k | −£478k |
| Staff costs | £453k | £452k | £495k |
| Employees (average) | 7 | 7 | 7 |
| Ratios | |||
| Profit margin | −1217% | −177.8% | −240.7% |
| Gross margin | 95.3% | 88.7% | — |
| Revenue per employee | £6.2k | £22.5k | £28.4k |
| Profit per employee | −£75.5k | −£40k | −£68.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▲262.4% | ▲26.2% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £87.9k | £35.7k | £71.9k |
| Net assets | −£9.9m | −£9.9m | −£9.8m |
| Current assets | £145k | £228k | £221k |
| Deferred income | £0 | £48.8k | £45.1k |
| Cash from operations | −£597k | −£483k | −£478k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −240.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £28.4k
- Revenue ÷ average employees.
- Profit per employee
- −£68.3k
- 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
- 22.7%
- 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 −£9.8m
- Cash at bank
- ▲102%
- Now £71.9k
- Headcount
- 0%
- Now 7
- Deferred income
- ▼8%
- Now £45.1k
- Fixed assets
- —
- Now —
Similar profitable businesses
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- Crystogen LtdManchester · Other research and experimental development on natural sciences and engineering
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- Sharp Life Science (EU) LimitedUxbridge · Other research and experimental development on natural sciences and engineering
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£478k), from the Companies House accounts bulk data published Oct 2024. 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.