HUGH STEEPER LIMITED
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Cash
£2.5M
-22% lowest in 3 filed years
Net assets
£13M
+1.6% vs 2024
Employees
470
-0.6% vs 2024
Profit before tax
£3.9M
+16.4% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £27,687,989 | £50,925,398 | £54,580,604 | +7.2% | |
| Operating profit | £1,727,155 | £3,319,959 | £3,870,507 | +16.6% | |
| Profit before tax | £1,744,332 | £3,364,684 | £3,915,131 | +16.4% | |
| Net profit | £1,271,915 | £3,406,536 | £3,657,734 | +7.4% | |
| Cash | £5,220,535 | £3,237,372 | £2,524,703 | -22% | |
| Total assets less current liabilities | £14,518,912 | £13,329,064 | £13,628,172 | +2.2% | |
| Net assets | £13,697,101 | £12,521,644 | £12,716,522 | +1.6% | |
| Equity | £13,697,101 | £12,521,644 | £12,716,522 | +1.6% | |
| Average employees | 468 | 473 | 470 | -0.6% | |
| Wages | £8,990,092 | £16,273,046 | £16,184,066 | -0.5% | |
| Directors' remuneration | £500,545 | £977,222 | £460,879 | -52.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | 6.2% | 6.5% | 7.1% | |
| Net margin | 4.6% | 6.7% | 6.7% | |
| Return on capital employed | 11.9% | 24.9% | 28.4% | |
| Gearing (liabilities / total assets) | — | 45.7% | 51.6% | |
| Current ratio | 2.21x | 1.91x | 1.63x |
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.
Name history
Renamed 2 times since incorporation
- HUGH STEEPER LIMITED 1990-08-13 → present
- IDEAL LIMBS LIMITED 1990-07-02 → 1990-08-13
- HUGH STEEPER,LIMITED 1921-03-23 → 1990-07-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Careful risk evaluation, cashflow modelling, and prudent activity forecasting, taking into account global macro-economic factors such as the ongoing impact of global conflicts, demonstrates the Company remains in a position to continue operating as a going concern. As such the financial statements are prepared on a going concern basis.”
Significant events
- “The Company expanded its London Prosthetics Centre (LPC) via investment in a larger premises, opening new facilities and clinic rooms in May 2025. Benefits include a new bespoke rehabilitation suite, quieter location, new equipment, and additional clinic rooms.”
- “The Company restructured its R&D department to increase focus on new project development, while maintaining support for existing products. The restructure creates dedicated project roles and development opportunities with no job losses.”
- “On 28 May 2026, the directors decided to close the Company's immediate parent company, Meditech Group Ltd, with ownership of Hugh Steeper Ltd expected to pass to Ortho Dev UK Ltd in June 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARVEY-KITCHING, Emma Claire | Secretary | 2018-09-18 | — | — |
| HARVEY-KITCHING, Emma Claire | Director | 2021-03-01 | Apr 1986 | British |
| MAHE, Jean-Pierre Michel Paul | Director | 2023-03-08 | Mar 1973 | French |
| NICOL, Andrew | Director | 2021-03-01 | Dec 1979 | British |
| RODGER, Ian Stuart | Director | 2021-03-01 | May 1981 | British |
| STEEPER, Paul Martin | Director | 2013-12-03 | Oct 1964 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALI, Sheikh Ghulam | Secretary | — | 1999-05-01 |
| CROSS, Richard Alexander | Secretary | 2004-01-30 | 2007-07-26 |
| CROSS, Richard Alexander | Secretary | 2000-08-08 | 2001-04-17 |
| MIDGLEY, John Antony | Secretary | 2008-02-29 | 2018-09-18 |
| O'CALLAGHAN, Perry Charles | Secretary | 2001-07-11 | 2004-01-30 |
| ORAM, Stephen Marcus | Secretary | 1999-05-01 | 2000-08-08 |
| HBJGW SECRETARIAL SUPPORT LIMITED | Corporate Secretary | 2007-12-20 | 2008-02-29 |
| BERTHINUSSEN, Angus Park | Director | 1992-10-01 | 2002-07-01 |
| CHATFIELD, Carl | Director | 2018-10-17 | 2024-11-05 |
| CROSS, Richard Alexander | Director | 2004-01-30 | 2007-07-26 |
| CROSS, Richard Alexander | Director | 2000-08-08 | 2001-04-17 |
| DAVIES, Mark Leslie | Director | 2018-10-17 | 2020-09-04 |
| DAVIES, Mark | Director | 1996-09-01 | 2002-07-05 |
| DRAKE, Paul | Director | 2021-03-01 | 2022-02-21 |
| FAIRCLOUGH, James | Director | — | 1998-04-20 |
| HODGSON, Giles Charles | Director | 2018-10-17 | 2020-03-12 |
| HOLLAMBY, John | Director | 1998-04-20 | 2004-02-26 |
| JOYCE, Shaun William | Director | 2013-12-03 | 2015-10-27 |
| KNIGHT, David | Director | — | 1998-04-24 |
| MIDGLEY, John Antony | Director | 2008-02-29 | 2025-11-12 |
| MILLER, Alasdair James | Director | 2007-12-04 | 2007-12-04 |
| MILLS, Trevor James | Director | 1993-03-01 | 1993-12-31 |
| MURFIN, Jonathan Mark | Director | 2021-03-01 | 2024-11-05 |
| O'CALLAGHAN, Perry Charles | Director | 2002-07-15 | 2004-01-30 |
| ORAM, Stephen Marcus | Director | 1998-09-01 | 2000-08-08 |
| RANDERSON, Mark Andrew | Director | 2013-12-03 | 2014-04-30 |
| SHEARD, Gary, Dr | Director | 2008-04-02 | 2013-10-31 |
| STEEPER, Kenneth Oscar | Director | — | 1992-06-07 |
| STEEPER, Paul Martin | Director | 1992-12-01 | 2002-07-17 |
| TAYLOR, James Malcolm | Director | 2007-06-26 | 2008-03-31 |
| TAYLOR, Robert James | Director | — | 2001-01-26 |
| THOMAS, Trevor George Corry | Director | 2007-04-26 | 2013-01-07 |
| WEBSTER, Simon Philip | Director | 1998-04-20 | 2007-09-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ortho Dev Uk Limited | Corporate entity | Shares 75–100% | 2026-05-28 | Active |
| Meditech Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2026-05-28 |
| Mr John Antony Midgley | Individual | Significant influence | 2016-04-06 | Ceased 2023-03-08 |
| Mr Paul Martin Steeper | Individual | Significant influence | 2016-04-06 | Ceased 2023-03-08 |
Filing timeline
Last 20 of 233 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-03-14 MA Memorandum articles
- 2023-03-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-27 | AA | accounts | Accounts with accounts type full | |
| 2026-06-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-06-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-19 | AA | accounts | Accounts with accounts type full | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-20 | AA | accounts | Accounts with accounts type full | |
| 2024-06-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-06 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-11-21 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-14 | MA | incorporation | Memorandum articles | |
| 2023-03-14 | RESOLUTIONS | resolution | Resolution | |
| 2023-03-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-03-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-09 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.