How much does Ers Transition - Trading As Emed Group Limited make?

Ers Transition - Trading As Emed Group Limited reported revenue of £74.6m and £2.5m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Ers Transition - Trading As Emed Group Limited have?

Ers Transition - Trading As Emed Group Limited reported an average of 1,589 employees in the year to 31 Dec 2024.

Is Ers Transition - Trading As Emed Group Limited profitable?

Yes — Ers Transition - Trading As Emed Group Limited reported a profit of £2.5m in the year to 31 Dec 2024.

Company No. 10783395 · Incorporated 22 May 2017

Ers Transition - Trading As Emed Group Limited

Registered name: ERS TRANSITION - TRADING AS EMED GROUP LIMITED

Part of Tip Emed Investments Lp. group

Ers Transition - Trading As Emed Group Limited made £74.6m revenue and £2.5m profit in the year to 31 Dec 2024.

Ers Transition - Trading As Emed Group Limited’s revenue grew 38% to £74.6m in the year to 31 Dec 2024, with £2.5m profit and 1,589 employees. The company is classified under “other passenger land transport” and is based in Leeds; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49390Other passenger land transport

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 9 yrs · since 2017
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: “EMED Group Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£74.6m

Growth ▲38.3%

Profit

£2.5m

Growth ▼1.8%

Profit margin

3.4%

Gross 29.6%

Employees

1,589

Change ▲26.6%

Profit / employee

£1.6k

Revenue/employee £47k

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 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£52.7m	£54m	£74.6m
Cost of sales	£35.8m	£36.1m	£52.5m
Gross profit	£16.9m	£17.8m	£22.1m
Operating profit	£4.2m	£2.3m	£5.2m
Profit before tax	£4.1m	£2.3m	£2.8m
Profit after tax	£3.5m	£2.6m	£2.5m
Profit (best available)	£3.5m	£2.6m	£2.5m
Staff costs	£29.1m	£29.8m	£41.4m
Employees (average)	1,237	1,255	1,589
Ratios
Profit margin	6.7%	4.7%	3.4%
Gross margin	32.1%	33%	29.6%
Revenue per employee	£42.6k	£43k	£47k
Profit per employee	£2.9k	£2k	£1.6k
Growth (year on year)
Revenue growth	—	▲2.4%	▲38.3%
Profit growth	—	▼27.4%	▼1.8%
Headcount growth	—	▲1.5%	▲26.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£1.6m	£734k
Net assets	£7m	£9.6m	£10m
Fixed assets	£1.3m	£1.2m	£907k
Current assets	£13.1m	£12.5m	£17.7m
Debtors	£3.3m	£4.2m	£3.9m
Deferred income	£1.8m	£2.2m	£2.6m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 29.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £47k; Revenue ÷ average employees.
Profit per employee: £1.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.2%; 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: ▲5%; Now £10m
Cash at bank: ▼55%; Now £734k
Headcount: ▲27%; Now 1,589
Deferred income: ▲21%; Now £2.6m
Fixed assets: ▼25%; Now £907k

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

Tip Emed Investments Lp. (registered outside the UK register)ultimate parent75–100%
Pegasus Topco Limited75–100%
Pegasus Bidco Limited75–100%
Emed Group Holdings Limited75–100%
Emed Group Midco Limited75–100%
Emed Group Subco Limited75–100%
Emed Group Limited75–100%
Ers Transition - Trading As Emed Group Limitedthis company

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

Sister companies (1)

Emed Holdings LimitedRev. — · Profit £3.4k

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 FullAccounts for the year to 31 Dec 2024 (profit £2.5m), from the Companies House accounts bulk data published Sep 2025. 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.