Medline Operations Ltd
Registered name: MEDLINE OPERATIONS LTD
Part of Medline Stellar UK Limited groupMedline Operations Ltd made £3.2m revenue and £2.1k profit in the year to 31 Dec 2024. read from filing text
Medline Operations Ltd’s revenue grew 9% to £3.2m in the year to 31 Dec 2024, with £2.1k profit and 22 employees. The company is classified under “wholesale of other machinery and equipment” and is based in Warrington; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Warrington, North West
- 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: “The immediate parent undertaking is Medline Stellar UK Limited, a company registered in England and Wales. The financial statements can be obtained from Companies House.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £2m | £2.3m | £3m | £3.2m |
| Operating profit | £273k | £323k | £281k | £219k |
| Profit before tax | £100k | £222k | £213k | £148k |
| Profit after tax | −£57k | £113k | £66k | £2.1k |
| Profit (best available) | −£57k | £113k | £66k | £2.1k |
| Staff costs | £404k | £618k | £947k | — |
| Employees (average) | 10 | 19 | 23 | 22 |
| Ratios | ||||
| Profit margin | −2.8% | 4.9% | 2.2% | 0.1% |
| Revenue per employee | £201k | £122k | £129k | £147k |
| Profit per employee | −£5.7k | £5.9k | £2.9k | £98 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲15.1% | ▲28.5% | ▲8.7% |
| Profit growth | — | — | ▼41.4% | ▼96.8% |
| Headcount growth | — | ▲90% | ▲21.1% | ▼4.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.2m | £2.9m | £2.2m | £2.3m |
| Net assets | £2.3m | £2.4m | £3.5m | £3.5m |
| Fixed assets | £12.2m | £11.6m | £11m | £10.5m |
| Current assets | £2.9m | £3.6m | £2.9m | £3.3m |
| Debtors | £78.7k | £166k | £40.7k | £40.7k |
| Deferred income | £244k | £78.6k | £90.5k | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £147k
- Revenue ÷ average employees.
- Profit per employee
- £98
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 324.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▲0%
- Now £3.5m
- Cash at bank
- ▲3%
- Now £2.3m
- Headcount
- ▼4%
- Now 22
- Deferred income
- —
- Now —
- Fixed assets
- ▼5%
- Now £10.5m
Group structure
Ownership chain
- Medline Stellar UK Limitedultimate parent75–100%
- Medline Operations Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Medline Industries LimitedRev. £56.3m · Profit £844k
- Medline Services UK LimitedRev. — · Profit £266k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2.1k), from the Companies House accounts bulk data published Nov 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.