Combine Health Ltd
Registered name: COMBINE HEALTH LTD
Combine Health Ltd made £5.3m revenue and £3.7m profit in the year to 31 Oct 2025.
Combine Health Ltd’s revenue grew 30% to £5.3m in the year to 31 Oct 2025, with £3.7m profit and 27 employees. The company is classified under “other business support service activities” and is based in Sheffield; we hold 4 years of its filed accounts.
- Status
- Liquidation
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £2.1m | £3.1m | £4.1m | £5.3m |
| Cost of sales | £444k | £393k | £697k | £876k |
| Gross profit | £1.7m | £2.7m | £3.4m | £4.4m |
| Operating profit | £1.5m | £2.5m | £3.2m | £4.2m |
| Profit before tax | £1.5m | £2.5m | £3.2m | £4.2m |
| Profit after tax | £1.2m | £2.2m | £3m | £3.7m |
| Profit (best available) | £1.2m | £2.2m | £3m | £3.7m |
| Employees (average) | 20 | 26 | 23 | 27 |
| Ratios | ||||
| Profit margin | 55.9% | 73.1% | 74.6% | 70.8% |
| Gross margin | 79.4% | 87.2% | 82.9% | 83.4% |
| Revenue per employee | £107k | £118k | £178k | £196k |
| Profit per employee | £60k | £86.4k | £132k | £139k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲43% | ▲32.9% | ▲29.5% |
| Profit growth | — | ▲87.1% | ▲35.6% | ▲22.8% |
| Headcount growth | — | ▲30% | ▼11.5% | ▲17.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £68.1k | £91k | £129k | £273k |
| Net assets | £2.5m | £4.4m | £6.7m | £7.3m |
| Fixed assets | £1.7m | £3.1m | £5.2m | £6.3m |
| Current assets | £1m | £1.8m | £2.1m | £2.5m |
| Debtors | £12.1k | £32.9k | £17.6k | £22.9k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 70.8%
- Profit ÷ revenue.
- Gross margin
- 83.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £196k
- Revenue ÷ average employees.
- Profit per employee
- £139k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 120%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- 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
- ▲9%
- Now £7.3m
- Cash at bank
- ▲112%
- Now £273k
- Headcount
- ▲17%
- Now 27
- Deferred income
- —
- Now —
- Fixed assets
- ▲23%
- Now £6.3m
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £3.7m), 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.