How much does Kids Operating Room make?

Kids Operating Room reported revenue of £5.7m and a loss of £2m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Kids Operating Room have?

Kids Operating Room reported an average of 33 employees in the year to 31 Dec 2023.

Is Kids Operating Room profitable?

No — Kids Operating Room reported a loss of £2m in the year to 31 Dec 2023.

Company No. SC585374 · Incorporated 11 Jan 2018

Kids Operating Room

Registered name: KIDS OPERATING ROOM

Kids Operating Room made £5.7m revenue and a £2m loss in the year to 31 Dec 2023.

Kids Operating Room’s revenue fell 21% to £5.7m in the year to 31 Dec 2023, with a loss of £2m and 33 employees. The company is classified under “other service activities” and is based in Edinburgh; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Edinburgh, Scotland
Age: 8 yrs · since 2018
Type: PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light

Revenue

£5.7m

Growth ▼20.6%

Profit

−£2m

Growth ▼168.8%

Profit margin

−35.1%

Gross 93.7%

Employees

Change ▲32%

Profit / employee

−£60.1k

Revenue/employee £171k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.1m	£5.7m
Cost of sales	£318k	£359k
Gross profit	£6.8m	£5.3m
Operating profit	£2.9m	−£2m
Profit before tax	£2.9m	−£2m
Profit after tax	£2.9m	−£2m
Profit (best available)	£2.9m	−£2m
Employees (average)	25	33
Ratios
Profit margin	40.5%	−35.1%
Gross margin	95.5%	93.7%
Revenue per employee	£285k	£171k
Profit per employee	£115k	−£60.1k
Growth (year on year)
Revenue growth	—	▼20.6%
Profit growth	—	▼168.8%
Headcount growth	—	▲32%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.5m	£2.9m
Net assets	£10.7m	£8.7m
Fixed assets	£106k	£77.6k
Current assets	£10.9m	£9m
Debtors	£3.1m	£986k
Deferred income	£33.3k	£62.7k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: −35.1%; Profit ÷ revenue.
Gross margin: 93.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £171k; Revenue ÷ average employees.
Profit per employee: −£60.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.4%; 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: ▼19%; Now £8.7m
Cash at bank: ▼17%; Now £2.9m
Headcount: ▲32%; Now 33
Deferred income: ▲88%; Now £62.7k
Fixed assets: ▼27%; Now £77.6k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

Global Hospital LimitedFigures not disclosed

Minority corporate shareholders

TC Trustees Limited

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£2m), from the Companies House accounts bulk data published Aug 2024. 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.