Reliance Medical Ltd
Registered name: RELIANCE MEDICAL LTD
Part of Reliance Medical Holdings Ltd groupReliance Medical Ltd made £24.5m revenue and £783k profit in the year to 31 Dec 2025. read from filing text
Reliance Medical Ltd’s revenue fell 2% to £24.5m in the year to 31 Dec 2025, with £783k profit and 77 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Stoke-on-Trent; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stoke-on-Trent, West Midlands
- Age
- 20 yrs · since 2006
- 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 controlling party is Reliance Medical Holdings Limited, 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| 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 |
| Profit & loss | ||||
| Revenue (turnover) | £21m | £32.7m | £25m | £24.5m |
| Cost of sales | £14.7m | £22.5m | £16.1m | £15.9m |
| Gross profit | £6.3m | £10.2m | £9m | £8.6m |
| Operating profit | £1.7m | £4.5m | £2.1m | £1.2m |
| Profit before tax | £1.7m | £4.1m | £2m | £949k |
| Profit after tax | £1.2m | £3.2m | £1.8m | £783k |
| Profit (best available) | £1.2m | £3.2m | £1.8m | £783k |
| Staff costs | £2.1m | £2.4m | £2.8m | £3m |
| Employees (average) | 76 | 75 | 78 | 77 |
| Ratios | ||||
| Profit margin | 5.7% | 9.8% | 7.2% | 3.2% |
| Gross margin | 29.8% | 31.1% | 35.9% | 35.2% |
| Revenue per employee | £276k | £436k | £321k | £318k |
| Profit per employee | £15.7k | £42.8k | £23.3k | £10.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲55.8% | ▼23.4% | ▼2.1% |
| Profit growth | — | ▲169.2% | ▼43.5% | ▼56.9% |
| Headcount growth | — | ▼1.3% | ▲4% | ▼1.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £530k | £532k | £292k | £248k |
| Net assets | £8.6m | £8.7m | £9.1m | £8.8m |
| Fixed assets | £4.1m | £4m | £4.4m | £4.2m |
| Current assets | £13.4m | £12.8m | £15.8m | £18.1m |
| Debtors | £2.8m | £2.8m | £3.8m | £3.5m |
| Deferred income | £133k | £130k | £127k | £124k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 35.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £318k
- Revenue ÷ average employees.
- Profit per employee
- £10.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 17.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.1%
- 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
- ▼15%
- Now £248k
- Headcount
- ▼1%
- Now 77
- Deferred income
- ▼2%
- Now £124k
- Fixed assets
- ▼4%
- Now £4.2m
Group structure
Ownership chain
- Reliance Medical Holdings Ltdultimate parent75–100%
- Reliance Medical Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Pleskarn LimitedFigures not disclosed
Sister companies (1)
- Igloo Survival LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Crest Medical LimitedWarrington · Wholesale of pharmaceutical goods
- Revenue
- £24.3m
- Profit
- £829
- Staff
- 82
- Medi UK LtdWholesale of pharmaceutical goods
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- £23.9m
- Profit
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- Staff
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- Pharmaceuticals Direct LimitedWholesale of pharmaceutical goods
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- Profit
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- GN Hearing UK LtdBicester · Wholesale of pharmaceutical goods
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- Profit
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- Flamingo Pharma (UK) LtdHarrow · Wholesale of pharmaceutical goods
- Revenue
- £25.5m
- Profit
- £329k
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- Mylife Diabetes Care LtdEscrick · Wholesale of pharmaceutical goods
- Revenue
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £783k), 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.