QSRC Limited
Registered name: QSRC LIMITED
Part of Amethyst UK Top Holding Limited groupQSRC Limited made £5.7m revenue and a £341k loss in the year to 31 Dec 2025.
QSRC Limited’s revenue grew 5% to £5.7m in the year to 31 Dec 2025, with a loss of £341k and 9 employees. The company is classified under “specialists medical practice activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 14 yrs · since 2011
- 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: “Medical Equipment Solutions Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £4.5m | £5.5m | £5.7m |
| Cost of sales | £1.7m | £2.2m | £1.8m |
| Gross profit | £2.9m | £3.2m | £4m |
| Operating profit | £1.5m | £1.8m | −£213k |
| Profit before tax | £1.4m | £1.7m | −£342k |
| Profit after tax | £1.4m | £1.7m | −£341k |
| Profit (best available) | £1.4m | £1.7m | −£341k |
| Employees (average) | 11 | 10 | 9 |
| Ratios | |||
| Profit margin | 30.4% | 32% | −6% |
| Gross margin | 63.3% | 59.2% | 69.3% |
| Revenue per employee | £413k | £545k | £634k |
| Profit per employee | £125k | £174k | −£37.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲20% | ▲4.6% |
| Profit growth | — | ▲26.4% | ▼119.5% |
| Headcount growth | — | ▼9.1% | ▼10% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £47.6k | £242k | £377k |
| Net assets | £809k | £2.6m | £2.2m |
| Fixed assets | £92.4k | £80.4k | £60.2k |
| Current assets | £3.5m | £5.2m | £7.3m |
| Debtors | £151k | £214k | £91.1k |
| Deferred income | £55k | £55.8k | £117k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- −6%
- Profit ÷ revenue.
- Gross margin
- 69.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £634k
- Revenue ÷ average employees.
- Profit per employee
- −£37.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.6%
- 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
- ▼13%
- Now £2.2m
- Cash at bank
- ▲55%
- Now £377k
- Headcount
- ▼10%
- Now 9
- Deferred income
- ▲110%
- Now £117k
- Fixed assets
- ▼25%
- Now £60.2k
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
- Amethyst UK Top Holding Limitedultimate parent75–100%
- Amethyst Radiotherapy UK Holding Limited75–100%
- Amethyst UK Mes Limited75–100%
- Medical Equipment Solutions Limited75–100%
- QSRC Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- The Thornbury Radiosurgery Centre LimitedRev. £1.9m · Profit £90.2k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£341k), from the Companies House accounts bulk data published Aug 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.