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Company No. 06382591 · Incorporated 26 Sep 2007

Gray Healthcare Limited

Registered name: GRAY HEALTHCARE LIMITED

Gray Healthcare Limited made £10.3m revenue and £1.2m profit in the year to 31 Mar 2025. read from filing text

Gray Healthcare Limited’s revenue was £10.3m in the year to 31 Mar 2025, with £1.2m profit and 265 employees. The company is classified under “other human health activities” and is based in Macclesfield; we hold 3 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities
Status
Active
Location
Macclesfield, North West
Age
19 yrs · since 2007
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£10.3m
Growth ▲0.5%
Profit
£1.2m
Growth ▲97.3%
Profit margin
11.7%
Gross 38.4%
Employees
265
Change ▲3.1%
Profit / employee
£4.6k
Revenue/employee £39k
Profitable streak
3yrs
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 to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£12.1m£10.3m£10.3m
Cost of sales£7.8m£6.7m£6.4m
Gross profit£4.4m£3.6m£4m
Operating profit£1m£897k£1.5m
Profit before tax£1m£898k£1.6m
Profit after tax£811k£614k£1.2m
Profit (best available)£811k£614k£1.2m
Staff costs£7.5m£7.5m£7.1m
Employees (average)272257265
Ratios
Profit margin6.7%6%11.7%
Gross margin35.8%34.9%38.4%
Revenue per employee£44.6k£40.1k£39k
Profit per employee£3k£2.4k£4.6k
Cash conversion−109.2%−90.8%−113.3%
Growth (year on year)
Revenue growth—▼15.2%▲0.5%
Profit growth—▼24.3%▲97.3%
Headcount growth—▼5.5%▲3.1%
Balance sheet — indirect signals, not revenue
Cash at bank£943k£1.6m£2.8m
Net assets£1.4m£1.9m£2.9m
Fixed assets£213k£95.7k£74.3k
Current assets£2.3m£2.7m£3.7m
Debtors£821k£877k£635k
Deferred income£203k£178k£122k
Cash from operations−£1.1m−£815k−£1.8m
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
11.7%
Profit ÷ revenue.
Gross margin
38.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£39k
Revenue ÷ average employees.
Profit per employee
£4.6k
Profit ÷ average employees.
Cash conversion
−113.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.1%
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
▲54%
Now £2.9m
Cash at bank
▲82%
Now £2.8m
Headcount
▲3%
Now 265
Deferred income
▼31%
Now £122k
Fixed assets
▼22%
Now £74.3k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 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.