Andromeda Midco Limited
Registered name: ANDROMEDA MIDCO LIMITED
Part of Icon Infrastructure LLP groupAndromeda Midco Limited made £281m revenue and £574k profit in the year to 30 Sep 2025.
Andromeda Midco Limited’s revenue fell 7% to £281m in the year to 30 Sep 2025, with £574k profit and 1,491 employees. The company is classified under “activities of other holding companies” and is based in Warwick; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Warwick, West Midlands
- Age
- 2 yrs · since 2024
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £314m | £303m | £281m |
| Cost of sales | −£200m | −£194m | −£188m |
| Gross profit | £114m | £109m | £93.2m |
| Operating profit | £21.1m | £19.1m | £12.1m |
| Profit before tax | £8.5m | £145m | £831k |
| Profit after tax | £5.4m | £143m | £574k |
| Profit (best available) | £5.4m | £143m | £574k |
| Employees (average) | — | 1,746 | 1,491 |
| Ratios | |||
| Profit margin | 1.7% | 47% | 0.2% |
| Gross margin | 36.4% | 35.9% | 33.2% |
| Revenue per employee | — | £174k | £188k |
| Profit per employee | — | £81.7k | £385 |
| Growth (year on year) | |||
| Revenue growth | — | ▼3.4% | ▼7.4% |
| Profit growth | — | ▲2560% | ▼99.6% |
| Headcount growth | — | — | ▼14.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 33.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £188k
- Revenue ÷ average employees.
- Profit per employee
- £385
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼15%
- Now 1,491
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Icon Infrastructure LLPultimate parent75–100%
- Andromeda Infrastructure Limited75–100%
- Andromeda Bidco Limited75–100%
- Alliance Medical Group Limited75–100%
- Andromeda Holdco Limited75–100%
- Andromeda Midco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Alliance Medical Holdings LimitedFigures not disclosed
- Alliance Medical Leasing LimitedFigures not disclosed
- Alliance Medical LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2025 (profit £574k), from the Companies House accounts bulk data published Apr 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.