WELLAND MEDICAL LIMITED
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Cash
£1.8m
+103.8% highest in 3 filed years
Net assets
£19m
+20% highest in 3 filed years
Employees
286
+3.2% highest in 3 filed years
Profit before tax
£4.8m
-12.3% vs 2024
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £40,592,105 | £45,657,166 | £44,580,664 | -2.4% | |
| Operating profit | £3,419,198 | £5,478,909 | £4,802,307 | -12.3% | |
| Profit before tax | £3,418,690 | £5,478,909 | £4,802,307 | -12.3% | |
| Net profit | £2,725,770 | £3,796,245 | £3,194,473 | -15.9% | |
| Cash | £590,712 | £897,104 | £1,828,645 | +103.8% | |
| Total assets less current liabilities | £14,831,697 | £17,483,837 | £21,698,772 | +24.1% | |
| Net assets | £13,686,350 | £15,982,595 | £19,177,068 | +20% | |
| Equity | £13,686,350 | £15,982,595 | £19,177,068 | +20% | |
| Average employees | 252 | 277 | 286 | +3.2% | |
| Wages | £8,898,411 | £10,151,877 | £10,990,702 | +8.3% | |
| Directors' remuneration | £258,658 | £275,205 | £250,369 | -9% | |
| Directors' pension contributions | £40,951 | £49,059 | £73,260 | +49.3% | |
| Highest paid director | £165,892 | £178,199 | £175,824 | -1.3% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 8.4% | 12.0% | 10.8% | |
| Net margin | 6.7% | 8.3% | 7.2% | |
| Return on capital employed | 23.1% | 31.3% | 22.1% | |
| Gearing (liabilities / total assets) | 39.7% | 39.2% | 32.8% | |
| Current ratio | 1.99x | 2.02x | 2.72x |
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 1 time since incorporation
- WELLAND MEDICAL LIMITED 1987-12-01 → present
- HEVLEX LIMITED 1987-09-29 → 1987-12-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDE, Joanne | Secretary | 2024-12-01 | — | — |
| DUCKWORTH, Sarah Anne | Director | 2022-01-01 | Jan 1975 | British |
| FARBROTHER, Sean Lea | Director | 2012-01-01 | Sep 1967 | British |
| SHORT, Stuart Michael | Director | 2024-03-01 | Dec 1970 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLISON, Ronald James | Secretary | 1997-09-23 | 1998-09-01 |
| BRYDEN, Suzanne | Secretary | 1998-09-01 | 2024-11-30 |
| HARKNESS, John Charles | Secretary | 1992-10-01 | 1997-01-30 |
| RAPER, Christopher John | Secretary | — | 1992-10-01 |
| BIDDULPH, Paul Ian | Director | 2012-04-01 | 2018-03-31 |
| FARBROTHER, Sean Lea | Director | 2008-02-18 | 2010-09-01 |
| HARKNESS, John Charles | Director | 1992-10-01 | 1997-01-30 |
| JAMES, Samantha Claire | Director | 2015-09-01 | 2026-03-31 |
| LEWIS, Lawrence Morris | Director | 1991-01-01 | 1997-01-31 |
| MARGETTS, David James | Director | 2002-03-01 | 2021-12-31 |
| MORRIS, Ernest Joseph | Director | 1993-11-11 | 1993-11-12 |
| PIERCEY, Dennis Alan | Director | 1997-10-01 | 1998-09-01 |
| PIERCEY, Nigel Denis | Director | 1997-01-31 | 2012-01-01 |
| PRIMETT, Christopher Donald | Director | 2006-03-06 | 2020-03-31 |
| RAPER, Christopher John | Director | — | 2012-01-01 |
| RIGLAR, Jonathan Edgar | Director | 2022-03-01 | 2024-02-29 |
| SADA, Claude Husain | Director | 2026-05-06 | 2026-07-07 |
| SHELLEY, Nicholas Steven | Director | 1996-01-01 | 2006-02-28 |
| SHEPHERD, Harry Arthur | Director | — | 1992-05-31 |
| SMITH, Rory James Maxwell, Dr | Director | 1996-01-01 | 1999-04-26 |
| WYNN, Mathew Daren | Director | 2017-04-01 | 2022-08-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Clinimed (Holdings) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 185 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2026-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-06 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | CH01 | officers | Change person director company with change date | |
| 2023-10-06 | AA | accounts | Accounts with accounts type full | |
| 2023-01-30 | CH01 | officers | Change person director company with change date | |
| 2023-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-08-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-08 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.