Medicspro Ltd
Registered name: MEDICSPRO LTD
Part of Thames River Holdings Limited groupMedicspro Ltd made £42.4m revenue and £87.3k profit in the year to 28 Feb 2025.
Medicspro Ltd’s revenue fell 26% to £42.4m in the year to 28 Feb 2025, with £87.3k profit and 173 employees. The company is classified under “temporary employment agency activities” and is based in Romford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Romford, London
- Age
- 24 yrs · since 2001
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £47.5m | £60.6m | £57.4m | £42.4m |
| Cost of sales | £41.1m | £52.7m | £50.1m | £37.1m |
| Gross profit | £6.5m | £7.9m | £7.3m | £5.3m |
| Operating profit | £1.2m | £1.8m | £1.2m | £132k |
| Profit before tax | £1.6m | £1.9m | £966k | £87.3k |
| Profit after tax | £1.5m | £1.6m | £746k | £87.3k |
| Profit (best available) | £1.5m | £1.6m | £746k | £87.3k |
| Staff costs | £4.3m | £5m | £4.7m | £3.8m |
| Employees (average) | 192 | 223 | 209 | 173 |
| Ratios | ||||
| Profit margin | 3.1% | 2.6% | 1.3% | 0.2% |
| Gross margin | 13.6% | 13% | 12.8% | 12.6% |
| Revenue per employee | £248k | £272k | £275k | £245k |
| Profit per employee | £7.7k | £7.2k | £3.6k | £504 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲27.5% | ▼5.2% | ▼26.2% |
| Profit growth | — | ▲8.1% | ▼53.5% | ▼88.3% |
| Headcount growth | — | ▲16.2% | ▼6.3% | ▼17.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £258k | £18.7k | £859k | £28.3k |
| Net assets | £1.1m | £1.4m | £1.3m | £1.2m |
| Fixed assets | £951k | £880k | £212k | £147k |
| Current assets | £6.8m | £7.6m | £7.3m | £4.6m |
| Debtors | £4.6m | £5m | £4.3m | £2.5m |
| Deferred income | £1.6m | £1.9m | £2.1m | £1.1m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 12.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £245k
- Revenue ÷ average employees.
- Profit per employee
- £504
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.8%
- 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
- ▼8%
- Now £1.2m
- Cash at bank
- ▼97%
- Now £28.3k
- Headcount
- ▼17%
- Now 173
- Deferred income
- ▼49%
- Now £1.1m
- Fixed assets
- ▼31%
- Now £147k
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
- Thames River Holdings Limitedultimate parent75–100%
- Urban Recruitment Group Limited75–100%
- Medicspro Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Medicspro Healthcare LimitedFigures not disclosed
- Medicspro Key Services LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £87.3k), from the Companies House accounts bulk data published Nov 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.