How much does Medgen Ltd make?

Medgen Ltd reported revenue of £12.2m and a loss of £7.5m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Medgen Ltd have?

Medgen Ltd reported an average of 45 employees in the year to 31 Mar 2025.

Is Medgen Ltd profitable?

No — Medgen Ltd reported a loss of £7.5m in the year to 31 Mar 2025.

Company No. 09585686 · Incorporated 12 May 2015

Medgen Ltd

Registered name: MEDGEN LTD

Part of Jwaneng Holding Ltd group

Medgen Ltd made £12.2m revenue and a £7.5m loss in the year to 31 Mar 2025. read from filing text

Medgen Ltd’s revenue fell 55% to £12.2m in the year to 31 Mar 2025, with a loss of £7.5m and 45 employees. The company is classified under “other activities of employment placement agencies” and is based in Sutton; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: Active
Location: Sutton, London
Age: 11 yrs · since 2015
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 immediate parent company is Ermelo Parent Limited, a company incorporated in England and Wales with registered office at 5th Floor, Chancery House, St. Nicholas Way, Sutton, SM1 1JB.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£12.2m

Growth ▼55%

Profit

−£7.5m

Growth ▼285.3%

Profit margin

−61.5%

Gross 35.3%

Employees

Change ▼41.6%

Profit / employee

−£167k

Revenue/employee £271k

Profitable streak

0yrs

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 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£42.1m	£27.1m	£12.2m
Cost of sales	£26.6m	£16.7m	£7.9m
Gross profit	£15.5m	£10.3m	£4.3m
Operating profit	£10.1m	£4.9m	−£7.4m
Profit before tax	£10.1m	£5m	−£7.4m
Profit after tax	£8.1m	£4m	−£7.5m
Profit (best available)	£8.1m	£4m	−£7.5m
Staff costs	£4.2m	£4.2m	£2.5m
Employees (average)	73	77	45
Ratios
Profit margin	19.3%	14.9%	−61.5%
Gross margin	36.8%	38.2%	35.3%
Revenue per employee	£576k	£351k	£271k
Profit per employee	£111k	£52.5k	−£167k
Growth (year on year)
Revenue growth	—	▼35.7%	▼55%
Profit growth	—	▼50.2%	▼285.3%
Headcount growth	—	▲5.5%	▼41.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.2m	£5.4m	£860k
Net assets	£15m	£16.7m	£8.4m
Fixed assets	£140k	£158k	£203k
Current assets	£17.7m	£18.2m	£9.4m
Debtors	£3.5m	£2m	£464k
Deferred income	£233k	£261k	£142k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −61.5%; Profit ÷ revenue.
Gross margin: 35.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £271k; Revenue ÷ average employees.
Profit per employee: −£167k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.7%; 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: 3.8%; 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: ▼50%; Now £8.4m
Cash at bank: ▼84%; Now £860k
Headcount: ▼42%; Now 45
Deferred income: ▼46%; Now £142k
Fixed assets: ▲28%; Now £203k

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

Corporate ownership

Group structure

Ownership chain

Jwaneng Holding Ltdultimate parent75–100%
Ermelo Parent Limited75–100%
Medgen Ltdthis company

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

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 FullAccounts for the year to 31 Mar 2025 (profit −£7.5m), from the Companies House accounts bulk data published Apr 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.