Ezec Medical Transport Services - Trading As Emed Group Limited
Registered name: EZEC MEDICAL TRANSPORT SERVICES - TRADING AS EMED GROUP LIMITED
Part of Tip Emed Investments Lp. groupEzec Medical Transport Services - Trading As Emed Group Limited made £46.3m revenue and a £4.9m loss in the year to 31 Dec 2025.
Ezec Medical Transport Services - Trading As Emed Group Limited’s revenue fell 16% to £46.3m in the year to 31 Dec 2025, with a loss of £4.9m and 1,157 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
- 26 yrs · since 2000
- 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 Holdings 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) | £56.4m | £59.7m | £55.3m | £46.3m |
| Cost of sales | £44.1m | £46.1m | £40.3m | £34.5m |
| Gross profit | £12.3m | £13.6m | £15m | £11.8m |
| Operating profit | £12.9m | £2.3m | £1.1m | −£2.9m |
| Profit before tax | £12.9m | £2.3m | −£1.4m | −£4.8m |
| Profit after tax | £10.5m | £2.4m | −£1.2m | −£4.9m |
| Profit (best available) | £10.5m | £2.4m | −£1.2m | −£4.9m |
| Staff costs | £31.9m | £35.2m | £35.6m | £33.5m |
| Employees (average) | 1,416 | 1,622 | 1,462 | 1,157 |
| Ratios | ||||
| Profit margin | 18.5% | 4% | −2.1% | −10.6% |
| Gross margin | 21.9% | 22.8% | 27.2% | 25.5% |
| Revenue per employee | £39.8k | £36.8k | £37.8k | £40k |
| Profit per employee | £7.4k | £1.5k | −£797 | −£4.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲5.7% | ▼7.4% | ▼16.3% |
| Profit growth | — | ▼77.1% | ▼148.6% | — |
| Headcount growth | — | ▲14.5% | ▼9.9% | ▼20.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.1m | £283k | £197k | £603k |
| Net assets | £10.1m | £12.5m | −£224k | −£5.1m |
| Fixed assets | £938k | £857k | £738k | £397k |
| Current assets | £26.5m | £26.4m | £16.6m | £15.1m |
| Debtors | £1.8m | £6.7m | £4.5m | £2.7m |
| Deferred income | £7.5m | £10.3m | £4.3m | £855k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −10.6%
- Profit ÷ revenue.
- Gross margin
- 25.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £40k
- Revenue ÷ average employees.
- Profit per employee
- −£4.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.7%
- 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
- —
- Now −£5.1m
- Cash at bank
- ▲207%
- Now £603k
- Headcount
- ▼21%
- Now 1,157
- Deferred income
- ▼80%
- Now £855k
- Fixed assets
- ▼46%
- Now £397k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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%
- Emed Holdings Limited75–100%
- Ezec Medical Transport Services - Trading As Emed Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£4.9m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.