How much does Health Technologies Limited make?

Health Technologies Limited reported revenue of £14.8m and a loss of £214k in the year to 31 Oct 2022, according to its accounts filed at Companies House.

How many employees does Health Technologies Limited have?

Health Technologies Limited reported an average of 28 employees in the year to 31 Oct 2022.

Is Health Technologies Limited profitable?

No — Health Technologies Limited reported a loss of £214k in the year to 31 Oct 2022.

Company No. 10408330 · Incorporated 3 Oct 2016

Health Technologies Limited

Registered name: HEALTH TECHNOLOGIES LIMITED

Health Technologies Limited made £14.8m revenue and a £214k loss in the year to 31 Oct 2022.

Health Technologies Limited’s revenue fell 41% to £14.8m in the year to 31 Oct 2022, with a loss of £214k and 28 employees. The company is classified under “general medical practice activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86210General medical practice activities

Status: Liquidation
Location: London, London
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Oct 2022

Key figures

IndependentCapital-lightCash flow filed

Revenue

£14.8m

Growth ▼40.8%

Profit

−£214k

Growth ▼104.1%

Profit margin

−1.5%

Gross 40.5%

Employees

Change ▲40%

Profit / employee

−£7.6k

Revenue/employee £527k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2021	31 Oct 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24.9m	£14.8m
Cost of sales	£14.6m	£8.8m
Gross profit	£10.3m	£6m
Operating profit	£5.5m	−£186k
Profit before tax	£5.4m	−£264k
Profit after tax	£5.2m	−£214k
Profit (best available)	£5.2m	−£214k
Staff costs	£1m	£1.9m
Employees (average)	20	28
Ratios
Profit margin	20.9%	−1.5%
Gross margin	41.4%	40.5%
Revenue per employee	£1.2m	£527k
Profit per employee	£261k	−£7.6k
Cash conversion	−137.2%	—
Growth (year on year)
Revenue growth	—	▼40.8%
Profit growth	—	▼104.1%
Headcount growth	—	▲40%
Balance sheet — indirect signals, not revenue
Cash at bank	£8.4m	£6.8m
Net assets	£4.3m	£4m
Fixed assets	£44.6k	£21.7k
Current assets	£9.4m	£7.3m
Debtors	£377k	£82k
Cash from operations	−£7.5m	£1.6m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: −1.5%; Profit ÷ revenue.
Gross margin: 40.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £527k; Revenue ÷ average employees.
Profit per employee: −£7.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.6%; 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: ▼7%; Now £4m
Cash at bank: ▼20%; Now £6.8m
Headcount: ▲40%; Now 28
Deferred income: —; Now —
Fixed assets: ▼51%; Now £21.7k

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Oct 2022 (profit −£214k), from the Companies House accounts bulk data published Nov 2023. 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.