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Company No. 10028640 · Incorporated 26 Feb 2016

Key Medical Services Limited

Registered name: KEY MEDICAL SERVICES LIMITED

Part of Icg Global Limited group

Key Medical Services Limited made £28.7m revenue and £1.9m profit in the year to 31 Dec 2023.

Key Medical Services Limited’s revenue fell 13% to £28.7m in the year to 31 Dec 2023, with £1.9m profit and 10 employees. The company is classified under “general medical practice activities” and is based in Bedford; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86210General medical practice activitiesSIC 86900Other human health activities
Status
Active
Location
Bedford, South East
Age
10 yrs · since 2016
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: “Celsus Group Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Revenue
£28.7m
Growth ▼12.9%
Profit
£1.9m
Growth ▼12.3%
Profit margin
6.5%
Gross 18.9%
Employees
10
Change 0%
Profit / employee
£185k
Revenue/employee £2.9m
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 Dec 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£32.9m£28.7m
Cost of sales£26.7m£23.3m
Gross profit£6.3m£5.4m
Profit before tax£2.3m£1.8m
Profit after tax£2.1m£1.9m
Profit (best available)£2.1m£1.9m
Staff costs£252k£144k
Employees (average)1010
Ratios
Profit margin6.4%6.5%
Gross margin19%18.9%
Revenue per employee£3.3m£2.9m
Profit per employee£211k£185k
Growth (year on year)
Revenue growth—▼12.9%
Profit growth—▼12.3%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£112k£91.5k
Net assets£3.1m£4.9m
Fixed assets£141—
Current assets£6.4m£7.1m
Debtors£2.2m£1.3m
SourceAccounts · bulk data Aug 2024Accounts · bulk data Aug 2024
Derived from the latest filing

How the business works

Profit margin
6.5%
Profit ÷ revenue.
Gross margin
18.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£2.9m
Revenue ÷ average employees.
Profit per employee
£185k
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
4.5%
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
▲60%
Now £4.9m
Cash at bank
▼18%
Now £91.5k
Headcount
0%
Now 10
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Icg Global Limitedultimate parent75–100%
  2. Icg Medical Limited75–100%
  3. Key Medical Services Limitedthis company

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

Sister companies (12)

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 accounts for the year to 31 Dec 2023 (profit £1.9m), from the Companies House accounts bulk data published Aug 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.