KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-21 (in 5mo)
Last made up 2025-10-07
Watchouts
None on the register
Cash
£0
Latest balance sheet
Net assets
£126M
-12% vs 2024
Employees
854
+2% vs 2024
Profit before tax
£18M
-38.5% vs 2024
Name history
Renamed 1 time since incorporation
- KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED 1977-12-31 → present
- KEYMED (SPECIALISED MEDICAL EQUIPMENT) LIMITED 1969-11-21 → 1977-12-31
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £299,947,000 | £299,115,000 | |
| Operating profit | £26,159,000 | £15,892,000 | |
| Profit before tax | £29,469,000 | £18,109,000 | |
| Net profit | £27,192,000 | £12,757,000 | |
| Cash | £0 | £0 | |
| Total assets less current liabilities | £130,389,000 | £104,320,000 | |
| Net assets | £143,021,000 | £125,858,000 | |
| Equity | £143,021,000 | £125,858,000 | |
| Average employees | 837 | 854 | |
| Wages | £37,624,000 | £40,661,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 8.7% | 5.3% | |
| Net margin | 9.1% | 4.3% | |
| Return on capital employed | 20.1% | 15.2% | |
| Gearing (liabilities / total assets) | 55.6% | 58.4% | |
| Current ratio | 0.88x | 0.73x | |
| Interest cover | 6.89x | 7.26x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's business activities, together with the factors likely to affect its future development, its financial position, financial risk management objectives, and its exposures to credit, liquidity, interest rate and exchange rate risk are described in the Strategic Report on page 3. ... The Directors have prepared forecasts for the period of 12 months from approval of the financial statements (the going concern assessment period) that indicate strong business and profit recovery as well as cash generation over the period. Management has considered potential downside scenarios and the Company is still forecasted to generate profit and cash in the going concern assessment period. The Company is trading profitably, with positive cash flow and strong overall balance sheet.”
Group structure
- KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED · parent
- KeyMed (Ireland) Limited 100%
- Algram Group Limited 100%
- Olympus KeyMed International Limited 100%
- ARC Medical Design Limited 100%
- Odin Medical Limited 100%
Significant events
- “On 30 March 2026 the directors of the Company resolved to declare an interim dividend of £14,488,000 for the year ended 31 March 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| YALLOP, Carl Andrew | Director | 2024-12-31 | Mar 1967 | British |
| ZANGEMEISTER, Carl Constantin | Director | 2013-09-19 | Jun 1971 | German |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAMP, Lee | Secretary | 2023-11-06 | 2024-03-04 |
| CRAIG, John Hugh | Secretary | — | 2009-03-31 |
| HARRIS, Nicholas Paul | Secretary | 2020-10-01 | 2023-11-09 |
| ROWE, John Enmin | Secretary | 2009-03-31 | 2020-09-30 |
| CALCRAFT, Richard Luke | Director | 2004-04-12 | 2013-03-31 |
| DREWALOWSKI, Frank | Director | 2019-04-01 | 2020-03-31 |
| FUJII, Kenji | Director | 1993-07-09 | 1999-07-15 |
| GREENGRASS, Stuart Malcolm | Director | — | 2004-04-12 |
| HILLMAN, Paul Arthur | Director | — | 2011-11-22 |
| HUNJAN, Kamaljit Singh | Director | 2020-10-01 | 2024-12-31 |
| KAUFMANN, Stefan | Director | 2011-10-26 | 2019-03-31 |
| KAWAHARA, Ichizo | Director | — | 1995-06-30 |
| KISHIMOTO, Masatoshi | Director | — | 1993-07-09 |
| KNIGHT, Barry Kenneth | Director | — | 1999-07-27 |
| MIYATA, Koji | Director | 2003-06-01 | 2005-06-01 |
| MORISHMA, Haruhito | Director | 2005-06-01 | 2011-12-12 |
| OKUBO, Masaharu | Director | 2003-06-01 | 2011-10-26 |
| PARKER, George Christopher | Director | — | 1993-10-22 |
| ROWE, John Enmin | Director | 2016-04-01 | 2020-09-30 |
| TAKEUCHI, Yasuo | Director | 2011-10-26 | 2015-04-01 |
| TERADA, Masaaki | Director | 1995-06-30 | 2003-06-01 |
| VIRGO, Peter Gary | Director | — | 2006-04-24 |
| WALSH, Gareth Anthony | Director | 2016-04-01 | 2018-08-05 |
| WHITE, Francis William | Director | 2020-04-01 | 2021-11-18 |
| WILLIAMS, Nicholas John | Director | 2004-04-12 | 2016-03-31 |
| WOODFORD, Michael Christopher | Director | — | 2011-12-12 |
| YALLOP, Carl Andrew | Director | 2016-04-01 | 2021-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Olympus Keymed Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 191 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-14 | AA | accounts | Accounts with accounts type full | |
| 2025-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-07-07 | AA | accounts | Accounts with accounts type full | |
| 2025-01-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-09 | AA | accounts | Accounts with accounts type full | |
| 2023-11-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-11-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-04-05 | AA | accounts | Accounts with accounts type full | |
| 2022-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-29 | AA | accounts | Accounts with accounts type full | |
| 2021-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-03 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-28 | CH01 | officers | Change person director company with change date | |
| 2021-04-14 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-0.3%
£299,947,000 £299,115,000
-
Cash
—
Not reported
-
Net assets
-12%
£143,021,000 £125,858,000
-
Employees
+2%
837 854
-
Operating profit
-39.2%
£26,159,000 £15,892,000
-
Profit before tax
-38.5%
£29,469,000 £18,109,000
-
Wages
+8.1%
£37,624,000 £40,661,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers