How much does Mili Healthcare Limited make?

Mili Healthcare Limited reported revenue of £15.1m and a loss of £25.7k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Mili Healthcare Limited have?

Mili Healthcare Limited reported an average of 64 employees in the year to 31 Dec 2024.

Is Mili Healthcare Limited profitable?

No — Mili Healthcare Limited reported a loss of £25.7k in the year to 31 Dec 2024.

Company No. 04303458 · Incorporated 12 Oct 2001

Mili Healthcare Limited

Registered name: MILI HEALTHCARE LIMITED

Mili Healthcare Limited made £15.1m revenue and a £25.7k loss in the year to 31 Dec 2024.

Mili Healthcare Limited’s revenue fell 2% to £15.1m in the year to 31 Dec 2024, with a loss of £25.7k and 64 employees. The company is classified under “retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids)” and is based in Taunton; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47749Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c.

Status: Active
Location: Taunton, South West
Age: 25 yrs · since 2001
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightCash flow filed

Revenue

£15.1m

Growth ▼2%

Profit

−£25.7k

Growth ▼103.5%

Profit margin

−0.2%

Gross 47.9%

Employees

Change ▲16.4%

Profit / employee

−£402

Revenue/employee £236k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.7m	£15.4m	£15.1m
Cost of sales	£4.3m	£9.3m	£7.9m
Gross profit	£5.4m	£6.1m	£7.2m
Operating profit	£313k	£950k	£73.1k
Profit before tax	£314k	£951k	£73.3k
Profit after tax	£252k	£728k	−£25.7k
Profit (best available)	£252k	£728k	−£25.7k
Staff costs	£484k	£534k	£699k
Employees (average)	52	55	64
Ratios
Profit margin	2.6%	4.7%	−0.2%
Gross margin	55.5%	39.8%	47.9%
Revenue per employee	£187k	£281k	£236k
Profit per employee	£4.8k	£13.2k	−£402
Cash conversion	277.8%	15.1%	2177%
Growth (year on year)
Revenue growth	—	▲59.1%	▼2%
Profit growth	—	▲189%	▼103.5%
Headcount growth	—	▲5.8%	▲16.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.3m	£2.5m	£4.1m
Net assets	£3.1m	£3.8m	£3.8m
Fixed assets	£5.6k	£7.1k	£4.3k
Current assets	£8.4m	£10.8m	£11.6m
Debtors	£3.7m	£4.5m	£4.4m
Deferred income	£1m	£963k	£904k
Cash from operations	£871k	£143k	£1.6m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −0.2%; Profit ÷ revenue.
Gross margin: 47.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £236k; Revenue ÷ average employees.
Profit per employee: −£402; Profit ÷ average employees.
Cash conversion: 2177%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 28.9%; 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: ▼1%; Now £3.8m
Cash at bank: ▲64%; Now £4.1m
Headcount: ▲16%; Now 64
Deferred income: ▼6%; Now £904k
Fixed assets: ▼39%; Now £4.3k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£25.7k), 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.