Elgin Healthcare (Findlay House) Limited
Registered name: ELGIN HEALTHCARE (FINDLAY HOUSE) LIMITED
Part of Royal London Mutual Insurance Society,limited(The) groupElgin Healthcare (Findlay House) Limited made £787k revenue and £269k profit in the year to 31 Mar 2025. read from filing text
Elgin Healthcare (Findlay House) Limited’s revenue fell 39% to £787k in the year to 31 Mar 2025, with £269k profit and 0 employees. The company is classified under “other business support service activities” and is based in Edinburgh; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Edinburgh, Scotland
- Age
- 26 yrs · since 2000
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £890k | £1.3m | £787k |
| Cost of sales | £419k | £813k | £285k |
| Gross profit | £471k | £474k | £502k |
| Operating profit | £347k | £366k | £373k |
| Profit before tax | £401k | £435k | £462k |
| Profit after tax | £316k | £307k | £269k |
| Profit (best available) | £316k | £307k | £269k |
| Employees (average) | — | 0 | 0 |
| Ratios | |||
| Profit margin | 35.5% | 23.9% | 34.2% |
| Gross margin | 53% | 36.8% | 63.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▲44.5% | ▼38.8% |
| Profit growth | — | ▼2.9% | ▼12.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £1.1m | £1.3m |
| Net assets | £963k | £1.2m | £1.4m |
| Current assets | £4.5m | £4.7m | £4.6m |
| Debtors | £3.3m | £0 | £136k |
| Deferred income | £652k | £903k | £821k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 34.2%
- Profit ÷ revenue.
- Gross margin
- 63.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- 104.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.3%
- 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
- ▲18%
- Now £1.4m
- Cash at bank
- ▲12%
- Now £1.3m
- Headcount
- —
- Now 0
- Deferred income
- ▼9%
- Now £821k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Royal London Mutual Insurance Society,limited(The)ultimate parent75–100%
- Royal London Asset Management Holdings Limited75–100%
- Dalmore GP Holdings Limited75–100%
- Dalmore Capital 2 GP Limited75–100%
- Dalmore Capital (Issuer 1) Limited75–100%
- Iowa Debtco Limited75–100%
- Dalmore Capital (Para 1) Limited75–100%
- Cobalt Project Investments Limited50–75%
- Elgin Infrastructure Limited75–100%
- Elgin Healthcare (Findlay House) Holdings Limited75–100%
- Elgin Healthcare (Findlay House) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £269k), 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.