GYRUS MEDICAL LIMITED
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Cash
£566K
+47% vs 2024
Net assets
£18M
+15% vs 2024
Employees
202
-3.8% vs 2024
Profit before tax
£2.3M
+1.1% vs 2024
Net assets
5-year trend · vs Health Care median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £22,415,000 | £30,648,000 | £31,903,000 | +4.1% | |
| Operating profit | — | — | £1,086,000 | £2,314,000 | £2,340,000 | +1.1% | |
| Profit before tax | £3,418,000 | £1,504,000 | £1,214,000 | £2,318,000 | £2,343,000 | +1.1% | |
| Net profit | £3,345,000 | £1,666,000 | £993,000 | £1,744,000 | £2,395,000 | +37.3% | |
| Cash | £9,000 | £6,000 | £1,251,000 | £385,000 | £566,000 | +47% | |
| Total assets less current liabilities | £23,301,000 | £24,967,000 | — | £17,548,000 | £20,047,000 | +14.2% | |
| Net assets | — | — | £14,191,000 | £15,935,000 | £18,330,000 | +15% | |
| Equity | £23,301,000 | £24,967,000 | £6,418,000 | £15,935,000 | £18,330,000 | +15% | |
| Average employees | 197 | 200 | 187 | 210 | 202 | -3.8% | |
| Wages | £7,698,000 | £8,211,000 | £5,826,000 | £8,268,000 | £8,144,000 | -1.5% | |
| Directors' remuneration | £194,000 | £236,000 | £0 | £0 | £0 | — |
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 | 2022-03-31 | 2023-03-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 4.8% | 7.6% | 7.3% | |
| Net margin | — | — | 4.4% | 5.7% | 7.5% | |
| Return on capital employed | — | — | — | 13.2% | 11.7% | |
| Gearing (liabilities / total assets) | — | — | — | 27.3% | 26.7% | |
| Current ratio | — | — | 5.18x | 4.52x | 4.61x | |
| Interest cover | — | — | — | 53.81x | — |
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
- GYRUS MEDICAL LIMITED 1989-05-19 → present
- TWINACE LIMITED 1989-02-20 → 1989-05-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company's directors therefore have a reasonable expectation the company will be able to continue to operate within its existing facilities for at least this period. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “The company has continued to focus on financial targets and new product developments with both existing customers and new customers as well as ATL group companies. This will secure future success and will continue to carefully assess activities to ensure that the company delivers added value to their customers. A number of technologically innovative projects are currently under development and the research and development teams will continue to focus on progressing the current development plans that should contribute and support the revenue growth in future years.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHERWOOD, Darran John | Secretary | 2024-05-31 | — | — |
| GOLDBERG, David | Director | 2025-03-17 | Mar 1979 | American |
| SMITH, David | Director | 2023-04-21 | Sep 1959 | American |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAVELL, Steven David | Secretary | 1997-09-19 | 2001-10-01 |
| DICKENS, David Ronald | Secretary | 2023-08-10 | 2024-05-31 |
| DICKENS, David Ronald | Secretary | 2011-07-01 | 2023-04-21 |
| EDWARDS, David Simon | Secretary | 2006-01-01 | 2009-07-30 |
| GOBLE, Nigel Mark | Secretary | — | 1997-09-19 |
| HAYES JONES, Darrell Peter | Secretary | 2009-07-30 | 2011-06-28 |
| RANKIN, Trudy Elaine | Secretary | 2001-10-01 | 2005-12-31 |
| BALL, David James | Director | 2000-10-10 | 2004-10-25 |
| BRADSHAW, John | Director | 1997-07-21 | 2001-03-07 |
| BROWN, Brad | Director | 2023-04-21 | 2025-02-20 |
| CAVELL, Steven David | Director | 1992-11-26 | 2001-10-30 |
| DAVIS, Gordon Roy | Director | 2004-10-25 | 2008-06-30 |
| EDWARDS, David Simon | Director | 2003-05-07 | 2023-04-21 |
| FORD, Andrew | Director | 2008-06-30 | 2010-07-01 |
| FRASER, John Kenneth Blair | Director | 1997-07-14 | 2001-10-30 |
| GLOVER, Joe | Director | 2023-04-21 | 2024-09-10 |
| GOBLE, Colin | Director | — | 2004-10-25 |
| GOBLE, Nigel Mark | Director | — | 2004-10-25 |
| JACQUI, Heinz | Director | 2008-06-30 | 2012-03-31 |
| JAMISON, Susan Mary | Director | 1997-06-02 | 1999-02-19 |
| KAY, David | Director | 1996-10-24 | 2001-12-31 |
| LAMBERT, Susan | Director | 1996-08-22 | 1997-10-31 |
| MEYER, Christian Martin, Dr | Director | 2022-04-01 | 2023-04-21 |
| MOORE, Jonathan William | Director | 1998-10-06 | 2004-05-27 |
| ROGGAN, Andre Heribert, Dr | Director | 2012-04-01 | 2022-03-31 |
| ROSTRON, Laurence | Director | — | 1997-10-31 |
| SHAW, Simon James Blouet | Director | 2004-10-25 | 2008-03-05 |
| STEER, Brian Louis | Director | 1994-11-30 | 2007-09-10 |
| WICKHAM, John Ewart Alfred | Director | — | 1997-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Atl Technology Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-04-21 | Active |
| Olympus Winter Ibe Gmbh | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2023-04-21 |
Filing timeline
Last 20 of 227 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-28 | AA | accounts | Accounts with accounts type full | |
| 2026-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-18 | AA | accounts | Accounts with accounts type full | |
| 2025-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-14 | AA | accounts | Accounts with accounts type full | |
| 2024-09-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-05 | AA | accounts | Accounts with accounts type full | |
| 2024-06-01 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-05-31 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-03-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-03 | AA01 | accounts | Change account reference date company current shortened | |
| 2023-08-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-04-28 | AA | accounts | Accounts with accounts type full | |
| 2023-04-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-04-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-24 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.