Alium Medical Limited
Registered name: ALIUM MEDICAL LIMITED
Alium Medical Limited made £17.8m revenue and £1.1m profit in the year to 31 Dec 2024.
Alium Medical Limited’s revenue was £17.8m in the year to 31 Dec 2024, with £1.1m profit and 26 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Borehamwood; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Borehamwood, East of England
- Age
- 25 yrs · since 2001
- 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: “MSL Health Care Group Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7m | £13.7m | £17.8m |
| Cost of sales | £5m | £10.7m | £13.2m |
| Gross profit | £2m | £3m | £4.7m |
| Operating profit | £221k | −£179k | £1.5m |
| Profit before tax | £221k | −£172k | £1.5m |
| Profit after tax | £175k | −£142k | £1.1m |
| Profit (best available) | £175k | −£142k | £1.1m |
| Employees (average) | 24 | 25 | 26 |
| Ratios | |||
| Profit margin | 2.5% | −1% | 6.3% |
| Gross margin | 28.3% | 21.8% | 26.2% |
| Revenue per employee | £291k | £547k | £686k |
| Profit per employee | £7.3k | −£5.7k | £43.6k |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5m | £374k | £683k |
| Net assets | £5.6m | £996k | £1.7m |
| Fixed assets | £56.8k | £46.2k | £99.8k |
| Current assets | £6.2m | £2.2m | £4.2m |
| Debtors | £852k | £786k | £1.7m |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 6.3%
- Profit ÷ revenue.
- Gross margin
- 26.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £686k
- Revenue ÷ average employees.
- Profit per employee
- £43.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.4%
- 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 £1.7m
- Cash at bank
- —
- Now £683k
- Headcount
- —
- Now 26
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £99.8k
Similar profitable businesses
- Medartis LimitedDerby · Wholesale of pharmaceutical goods
- Revenue
- £17.8m
- Profit
- £819k
- Staff
- 48
- Krka UK LtdSlough · Wholesale of pharmaceutical goods
- Revenue
- £18.3m
- Profit
- £753k
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- Necessity Supplies LimitedNortholt · Wholesale of pharmaceutical goods
- Revenue
- £16.7m
- Profit
- £3.1m
- Staff
- 31
- Trion Pharma LimitedCoventry · Wholesale of pharmaceutical goods
- Revenue
- £19.2m
- Profit
- £6.2m
- Staff
- 18
- Richardson Healthcare LimitedWholesale of pharmaceutical goods
- Revenue
- £19.2m
- Profit
- £2.2m
- Staff
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- Idorsia Pharmaceuticals UK LimitedLondon · Wholesale of pharmaceutical goods
- Revenue
- £16m
- Profit
- £5.7k
- Staff
- 14
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.1m), 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.