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Company No. 13579623 · Incorporated 23 Aug 2021

PLMD Operations Ltd

Registered name: PLMD OPERATIONS LTD

Part of PLMD Group Ltd group

PLMD Operations Ltd made £2.5m revenue and a £12.7k loss in the year to 31 Dec 2025.

PLMD Operations Ltd’s revenue grew 11% to £2.5m in the year to 31 Dec 2025, with a loss of £12.7k and 1 employee. The company is classified under “activities of other holding companies” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 64209Activities of other holding companies n.e.c.
Status
Active
Location
London, London
Age
5 yrs · since 2021
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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.

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-light
Revenue
£2.5m
Growth ▲11.2%
Profit
−£12.7k
Growth —
Profit margin
−0.5%
Gross 36.1%
Employees
1
Change —
Profit / employee
−£12.7k
Revenue/employee £2.5m
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£1.3m£1.4m£2.3m£2.5m
Cost of sales£889k£897k£1.6m£1.6m
Gross profit£410k£543k£622k£909k
Operating profit—£83.6k£109k£79.2k
Profit before tax−£20.2k£83.6k£108k£67.2k
Profit after tax−£21.6k£81.8k−£1.3k−£12.7k
Profit (best available)−£21.6k£81.8k−£1.3k−£12.7k
Employees (average)71001
Ratios
Profit margin−1.7%5.7%−0.1%−0.5%
Gross margin31.6%37.7%27.5%36.1%
Revenue per employee£185k£144k—£2.5m
Profit per employee−£3.1k£8.2k—−£12.7k
Growth (year on year)
Revenue growth—▲10.9%▲57%▲11.2%
Profit growth——▼101.6%—
Headcount growth—▲42.9%▼100%—
Balance sheet — indirect signals, not revenue
Cash at bank£100£100£96£96
Net assets£1.2k£1.2k−£97−£12.8k
Fixed assets£1.1k£1.1k£1.1k£101k
Current assets—£100£20.8k£19.1k
Debtors—£0£0£0
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024FilletedAccounts · bulk data Sep 2025FilletedAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
−0.5%
Profit ÷ revenue.
Gross margin
36.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£2.5m
Revenue ÷ average employees.
Profit per employee
−£12.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
—
Now −£12.8k
Cash at bank
0%
Now £96
Headcount
—
Now 1
Deferred income
—
Now —
Fixed assets
▲9033%
Now £101k
Corporate ownership

Group structure

Ownership chain

  1. PLMD Group Ltdultimate parent75–100%
  2. PLMD Operations Ltdthis company

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

Subsidiaries (8)

Sister companies (3)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from FilletedAccounts for the year to 31 Dec 2025 (profit −£12.7k), from the Companies House accounts bulk data published Sep 2026. 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.