How much does Team Medical Devices Limited make?

Team Medical Devices Limited reported revenue of £20.2m and £1.8m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Team Medical Devices Limited have?

Team Medical Devices Limited reported an average of 126 employees in the year to 31 Dec 2025.

Is Team Medical Devices Limited profitable?

Yes — Team Medical Devices Limited reported a profit of £1.8m in the year to 31 Dec 2025.

Company No. 08767466 · Incorporated 8 Nov 2013

Team Medical Devices Limited

Registered name: TEAM MEDICAL DEVICES LIMITED

Team Medical Devices Limited made £20.2m revenue and £1.8m profit in the year to 31 Dec 2025.

Team Medical Devices Limited’s revenue fell 4% to £20.2m in the year to 31 Dec 2025, with £1.8m profit and 126 employees. The company is classified under “other professional, scientific and technical activities” and is based in Ickleton; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Ickleton, East of England
Age: 12 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£20.2m

Growth ▼4.1%

Profit

£1.8m

Growth ▲34.3%

Profit margin

8.9%

Gross 53.8%

Employees

126

Change ▼10.6%

Profit / employee

£14.3k

Revenue/employee £160k

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 to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.7m	£21m	£20.2m
Cost of sales	−£11.4m	−£10.3m	−£9.3m
Gross profit	£10.3m	£10.7m	£10.8m
Operating profit	£1.8m	£1.6m	£2.3m
Profit before tax	£2m	£1.9m	£2.5m
Profit after tax	£1.5m	£1.3m	£1.8m
Profit (best available)	£1.5m	£1.3m	£1.8m
Employees (average)	149	141	126
Ratios
Profit margin	6.7%	6.4%	8.9%
Gross margin	47.3%	50.9%	53.8%
Revenue per employee	£146k	£149k	£160k
Profit per employee	£9.8k	£9.5k	£14.3k
Growth (year on year)
Revenue growth	—	▼3%	▼4.1%
Profit growth	—	▼7.6%	▲34.3%
Headcount growth	—	▼5.4%	▼10.6%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 8.9%; Profit ÷ revenue.
Gross margin: 53.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £160k; Revenue ÷ average employees.
Profit per employee: £14.3k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▼11%; Now 126
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (2)

Team Consulting LimitedFigures not disclosed
Team Consulting Trustee LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £1.8m), 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.