How much does Vapotherm UK Ltd make?

Vapotherm UK Ltd reported revenue of £3.1m and £145k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Vapotherm UK Ltd have?

Vapotherm UK Ltd reported an average of 20 employees in the year to 31 Dec 2024.

Is Vapotherm UK Ltd profitable?

Yes — Vapotherm UK Ltd reported a profit of £145k in the year to 31 Dec 2024.

Company No. SC370398 · Incorporated 21 Dec 2009

Vapotherm UK Ltd

Registered name: VAPOTHERM UK LTD

Part of Vapotherm, Inc group

Vapotherm UK Ltd made £3.1m revenue and £145k profit in the year to 31 Dec 2024. read from filing text

Vapotherm UK Ltd’s revenue fell 4% to £3.1m in the year to 31 Dec 2024, with £145k profit and 20 employees. The company is classified under “agents specialized in the sale of other particular products” and is based in Loanhead; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46180Agents specialized in the sale of other particular products

Status: Active
Location: Loanhead, Scotland
Age: 16 yrs · since 2009
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.

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£3.1m

Growth ▼4.3%

Profit

£145k

Growth ▲15.4%

Profit margin

4.6%

Gross 47.5%

Employees

Change ▲17.6%

Profit / employee

£7.2k

Revenue/employee £157k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	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
Profit & loss
Revenue (turnover)	£3.1m	£3.3m	£3.1m
Cost of sales	£1.6m	£1.7m	£1.6m
Gross profit	£1.5m	£1.6m	£1.5m
Operating profit	£95.1k	£182k	£186k
Profit before tax	£96.9k	£192k	£193k
Profit after tax	£75.5k	£125k	£145k
Profit (best available)	£75.5k	£125k	£145k
Employees (average)	15	17	20
Ratios
Profit margin	2.5%	3.8%	4.6%
Gross margin	47.4%	48.6%	47.5%
Revenue per employee	£204k	£193k	£157k
Profit per employee	£5k	£7.4k	£7.2k
Growth (year on year)
Revenue growth	—	▲7.1%	▼4.3%
Profit growth	—	▲66%	▲15.4%
Headcount growth	—	▲13.3%	▲17.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£776k	£1.1m	£769k
Net assets	£325k	£450k	£595k
Fixed assets	£441k	£357k	£317k
Current assets	£1.8m	£1.9m	£1.7m
Debtors	£527k	£376k	£359k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 4.6%; Profit ÷ revenue.
Gross margin: 47.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £157k; Revenue ÷ average employees.
Profit per employee: £7.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.5%; 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: ▲32%; Now £595k
Cash at bank: ▼27%; Now £769k
Headcount: ▲18%; Now 20
Deferred income: —; Now —
Fixed assets: ▼11%; Now £317k

Corporate ownership

Group structure

Ownership chain

Vapotherm, Inc (registered outside the UK register)ultimate parent75–100%
Vapotherm UK Ltdthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £145k), 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.