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Company No. 06928957 · Incorporated 10 Jun 2009

Cavendish Imaging Ltd

Registered name: CAVENDISH IMAGING LTD

Part of G Square Healthcare Private Equity LLP group

Cavendish Imaging Ltd made £2.9m revenue and £1.3m profit in the year to 31 Jan 2024. read from filing text

Cavendish Imaging Ltd’s revenue grew 12% to £2.9m in the year to 31 Jan 2024, with £1.3m profit and 13 employees. The company is classified under “other business support service activities” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
Manchester, North West
Age
17 yrs · since 2009
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.

Latest accounts · year to 31 Jan 2024

Key figures

Capital-lightOperating leverageDoing more with less
Revenue
£2.9m
Growth ▲11.8%
Profit
£1.3m
Growth ▲120.3%
Profit margin
45.4%
Gross 66.4%
Employees
13
Change ▼27.8%
Profit / employee
£103k
Revenue/employee £226k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202331 Jan 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£2.6m£2.9m
Cost of sales£839k£988k
Gross profit£1.8m£2m
Operating profit£668k£1.3m
Profit before tax£669k£1.3m
Profit after tax£606k£1.3m
Profit (best available)£606k£1.3m
Employees (average)1813
Ratios
Profit margin23%45.4%
Gross margin68.1%66.4%
Revenue per employee£146k£226k
Profit per employee£33.7k£103k
Growth (year on year)
Revenue growth—▲11.8%
Profit growth—▲120.3%
Headcount growth—▼27.8%
Balance sheet — indirect signals, not revenue
Cash at bank£254k£116k
Net assets£4.1m£5.4m
Fixed assets£169k£193k
Current assets£4.2m£5.5m
Debtors£166k£185k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024
Derived from the latest filing

How the business works

Profit margin
45.4%
Profit ÷ revenue.
Gross margin
66.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£226k
Revenue ÷ average employees.
Profit per employee
£103k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.3%
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
▲32%
Now £5.4m
Cash at bank
▼55%
Now £116k
Headcount
▼28%
Now 13
Deferred income
—
Now —
Fixed assets
▲15%
Now £193k
Corporate ownership

Group structure

Ownership chain

  1. G Square Healthcare Private Equity LLPultimate parent75–100%
  2. G Square Managing Member Limited75–100%
  3. G Square Capital (GP) III LLP50–75%
  4. Images Topco Limited75–100%
  5. Images Midco Limited75–100%
  6. Images Holdco Limited75–100%
  7. Images Bidco Limited75–100%
  8. Diagnostic Healthcare Limited75–100%
  9. Cavendish Imaging Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

From the Persons with Significant Control register (corporate controllers 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 Jan 2024 (profit £1.3m), from the Companies House accounts bulk data published Jun 2024. 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.