Elgin Health (ST George's) Limited
Registered name: ELGIN HEALTH (ST GEORGE'S) LIMITED
Part of Royal London Mutual Insurance Society,limited(The) groupElgin Health (ST George's) Limited made £5m revenue and £1.5m profit in the year to 31 Mar 2026. read from filing text
Elgin Health (ST George's) Limited’s revenue fell 24% to £5m in the year to 31 Mar 2026, with £1.5m profit and 0 employees. The company is classified under “other business support service activities” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 23 yrs · since 2003
- 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. From the filing: “The immediate parent undertaking is Elgin Health (St George's) Holdings Limited, a limited company incorporated in England and Wales.”
Key figures
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 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £2.3m | £2.7m | £5.1m | £6.6m | £5m |
| Cost of sales | £934k | £916k | £2.1m | £3.6m | £2.5m |
| Gross profit | £1.4m | £1.8m | £3m | £3m | £2.5m |
| Operating profit | £1.1m | £1.4m | £2.7m | £2.6m | £2.2m |
| Profit before tax | £677k | £1.1m | £2.5m | £2.5m | £2m |
| Profit after tax | £546k | £867k | £1.9m | £2m | £1.5m |
| Profit (best available) | £546k | £867k | £1.9m | £2m | £1.5m |
| Employees (average) | — | 0 | 0 | 0 | 0 |
| Ratios | |||||
| Profit margin | 23.3% | 31.7% | 36.6% | 30% | 29.5% |
| Gross margin | 60.1% | 66.5% | 59.5% | 45.3% | 50.3% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲16.7% | ▲85.7% | ▲29.2% | ▼23.8% |
| Profit growth | — | ▲58.7% | ▲114.6% | ▲6% | ▼25.1% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £5.4m | £5.8m | £6.3m | £2.2m | £6.4m |
| Net assets | £3.8m | £6m | £7.4m | £8.5m | £8.8m |
| Current assets | £35.7m | £34.1m | £35m | £34.8m | £32.5m |
| Debtors | £18.7k | £102k | £104k | £250k | £165k |
| Deferred income | £4.2m | £4m | £4.5m | £5.4m | £5.2m |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 29.5%
- Profit ÷ revenue.
- Gross margin
- 50.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- 103.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.3%
- 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
- ▲3%
- Now £8.8m
- Cash at bank
- ▲191%
- Now £6.4m
- Headcount
- —
- Now 0
- Deferred income
- ▼5%
- Now £5.2m
- Fixed assets
- —
- Now —
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
- Royal London Mutual Insurance Society,limited(The)ultimate parent75–100%
- Royal London Asset Management Holdings Limited75–100%
- Dalmore GP Holdings Limited75–100%
- Dalmore Capital 2 GP Limited75–100%
- Dalmore Capital (Issuer 1) Limited75–100%
- Iowa Debtco Limited75–100%
- Dalmore Capital (Para 1) Limited75–100%
- Cobalt Project Investments Limited50–75%
- Elgin Infrastructure Limited50–75%
- Elgin Health (ST George's) Holdings Limited75–100%
- Elgin Health (ST George's) 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 Mar 2026 (profit £1.5m), from the Companies House accounts bulk data published Sep 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.