Hospital Innovations Limited
Registered name: HOSPITAL INNOVATIONS LIMITED
Part of Medscience Distribution Ltd groupHospital Innovations Limited made £1.5m profit in the year to 30 Jun 2025 (revenue not disclosed).
Hospital Innovations Limited reported £1.5m profit in the year to 30 Jun 2025; its revenue was not disclosed. It had 30 employees. The company is classified under “other human health activities” and is based in Talbot Green; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Talbot Green, Wales
- 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: “The immediate parent company is Hospital Innovation Holdings Limited (14784969). The ultimate parent company is MedScience Group Limited (IE420569). The registered office for the immediate parent comp”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
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 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Profit only | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit after tax | — | £629k | £1.2m | £1.5m |
| Profit (best available) | — | £629k | £1.2m | £1.5m |
| Employees (average) | 16 | 20 | 25 | 30 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | — | £31.5k | £49.5k | £49.4k |
| Growth (year on year) | ||||
| Headcount growth | — | ▲25% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £280k | £236k | £917k | £318k |
| Net assets | £1m | £1.3m | £1.4m | £1.1m |
| Fixed assets | £1.4m | £1.2m | £193k | £165k |
| Current assets | £1.7m | £2m | £4.5m | £3.4m |
| Debtors | £747k | £951k | £1.3m | £1.7m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £49.4k
- 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
- —
- 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 £1.1m
- Cash at bank
- —
- Now £318k
- Headcount
- —
- Now 30
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £165k
Group structure
Ownership chain
- Medscience Distribution Ltdultimate parent75–100%
- Hospital Innovation Holdings Limited75–100%
- Hospital Innovations 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 30 Jun 2025 (profit £1.5m), from the Companies House accounts bulk data published Mar 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.