KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED

Active
Company number 00966736Private limited companyIncorporated 1969

Key figures

£124,858,000-12.1%
Net assets 2024/25
-12.1%
Average annual change 2023/24–2024/25
050 m100 m150 m2023/242024/25

† KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 26511

Where the company stands among the 1,343 active companies whose first SIC code is 26511 (Manufacture of electronic measuring, testing etc. equipment, not for industrial process control).

Turnover£299,115,000
Higher than 97% · median £12,889,297 among 92 that publish turnover
Net assets£124,858,000
Higher than 99% · median £109,945
Total assets£302,572,000
Higher than 99% · median £323,853
Company age57.0 years
Older than 96% · median 13.4 years
Largest in this sector by net assets
  1. MKS SPECTRA HOLDINGS LIMITED£941.8m
  2. THERMO ELECTRON MANUFACTURING LIMITED£259.5m
  3. RADIODETECTION LIMITED£208m
  4. ENVIRODYNE HOLDINGS LIMITED£131.2m
  5. KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED£124.9m
  6. MICROMASS UK LIMITED£112.4m
  7. THERMO ELECTRON LIMITED£76.6m
  8. ATLANTIC INERTIAL SYSTEMS LIMITED£70.3m
  9. SONARDYNE INTERNATIONAL LIMITED£63.2m
  10. THERMO ONIX LIMITED£62.2m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 1,343. The line on each bar marks the median.

Summary: KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED

What kind of company is it?

KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED is a private limited company registered with Companies House under company number 00966736. It was incorporated on 21 Nov 1969. Its status is active. The registered office is in Southend-on-sea (SS2). Its nature of business (SIC 2007) is manufacture of electronic measuring, testing etc. equipment, not for industrial process control (26511), manufacture of other electrical equipment (27900), manufacture of medical and dental instruments and supplies (32500), non-specialised wholesale trade (46900).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Turnover was £299,115,000. Profit for the year was £12,757,000. Net assets were £124,858,000, down 12.1% on the previous year. Total assets were £302,572,000 and total liabilities £15,253,000. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 1,343 active companies whose first SIC code is 26511: By turnover it ranks higher than 97% of the 92 that publish turnover (median £12,889,297). By net assets it ranks higher than 99% of them (median £109,945). By total assets it ranks higher than 99% of them (median £323,853). It is older than 96% of them (median age 13.4 years).

Does it supply the public sector?

The company is named as a supplier in 68 public contract award notices from 28 public sector buyers since 2016. Contracts awarded to it alone have a combined published value of £672.9m. Its most frequent buyer is NHS Supply Chain (20 contracts). 35 of the awards are shared with other suppliers, typically framework agreements.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly pharmaceuticals, plastics, machinery. HMRC lists it as an exporter of goods, mainly machinery, electrical equipment, optical, medical and measuring instruments. In its latest payment practices report it took an average of 50 days to pay suppliers, and 18% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 11% lower than for men. It has modern slavery statements on the government registry for 2 years.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 21 Oct 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover299,947,000299,115,000
Profit for the year27,192,00012,757,000
Total assets322,178,000302,572,000
Total liabilities21,090,00015,253,000
Net assets / total equity142,021,000124,858,000
Average number of employees837—

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

68 contracts

KEYMED (MEDICAL & INDUSTRIAL EQUIPMENT) LIMITED is named as a supplier in 68 public contract award notices from 28 public sector buyers since 2016. The 32 contracts awarded to it alone with a published value add up to £672.9m. 35 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers28
NHS Supply Chain
20 contracts
Northumbria Healthcare NHS Foundation Trust
5 contracts · £955.5k
SUPPLY CHAIN COORDINATION LIMITED
5 contracts
Leeds Teaching Hospitals NHS Trust
4 contracts · £4.6m
HULL UNIVERSITY TEACHING HOSPITALS NHS TRUST
4 contracts · £134.6k
Contracts
  1. Clinical and Pathology Microscopes and Related Accessories and Services 2026‡SUPPLY CHAIN COORDINATION LIMITED · shared by 5 suppliers, up to £60,660,381 in total · runs until Dec 2028
  2. Luer-Split AdapterMid Yorkshire Hospitals NHS Trust · £15,650 · runs until Sep 2027
  3. BCU-DCO-63769 - ENDOSCOPY SCOPES AND STACKS - PHASE 2 INC. DRYING CABINET‡NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University… · £37,016
  4. Minimally Invasive Surgery‡Supply Chain Coordination Limited · shared by 46 suppliers, up to £260,000,000 in total · 3 lots
  5. One-off service and repair of the medical instrumentNorth Bristol NHS Trust · £12,600
Show 63 more
  1. Endoscopy Equipment‡Northumbria Healthcare NHS Foundation Trust · £330,357
  2. Endoscopy Consumables- KeymedLeeds Teaching Hospitals NHS Trust · £3,948,448 · 2 lots · runs until Sep 2029
  3. EVIS X1 Endoscopic Imaging SystemSOMERSET NHS FOUNDATION TRUST · £123,334
  4. EBUS EUS SCOPES & STACK‡Northumbria Healthcare NHS Foundation Trust · £313,050
  5. Endoscopy Insufflators‡Northumbria Healthcare NHS Foundation Trust · £41,762
  6. Repair for Radial machineCAMBRIDGE UNIVERSITY HOSPITALS NHS FOUNDATION TRUST · £13,530
  7. Camera Stack System‡Northumbria Healthcare NHS Foundation Trust · £81,689
  8. Framework Agreement for the Supply of Minimally Invasive Surgery & Electrosurgery Solutions‡HealthTrust Europe LLP (HTE) acting on behalf of Mid and South Essex NHS Foundation Trust · shared by 21 suppliers, up to £100,000,000 in total · 3 lots
  9. Digital Diagnostic Solutions‡Supply Chain Coordination Limited · shared by 54 suppliers, up to £700,000,000 in total
  10. Electrosurgical Consumables and Related Accessories 2025‡Supply Chain Coordination Limited · shared by 22 suppliers, up to £42,000,000 in total · 3 lots
  11. Purchase of Endoscopic Ultrasound‡Leeds Teaching Hospitals NHS Trust · £136,025 · runs until Mar 2030
  12. Endoscopy, Endourology & Oncology Ablation Consumables & Associated Products‡Supply Chain Coordination Limited · shared by 40 suppliers, up to £415,000,000 in total · 2 lots
  13. Scope Guide & Insufflator‡Northumbria Healthcare NHS Foundation Trust · £188,616 · 3 lots
  14. Framework Agreement for the Supply of Endoscopy Suite Goods & Services‡HealthTrust Europe LLP (HTE) acting on behalf of Mid And South Essex NHS Foundation Trust · shared by 31 suppliers, up to £650,000,000 in total · 5 lots
  15. Operating Theatres Equipment and Related Accessories and ServicesNHS Supply Chain · shared by 41 suppliers, up to £160,319,004 in total
  16. Operating Theatres Equipment and Related Accessories and Services‡NHS Supply Chain Operated by Supply Chain Coordination Ltd (SCCL) · shared by 14 suppliers, up to £66,519,004 in total · 2 lots
  17. CLINICAL MANAGED SERVICES, INCLUDING MANAGED MAINTENANCE SERVICES (SBS10251)NHS Shared Business Services Limited · £652,500,000
  18. Purchase of Endoscopic Ultrasound‡Leeds Teaching Hospitals NHS Trust · £334,453
  19. Purchase of Nasendoscopes‡Leeds Teaching Hospitals NHS Trust · £174,281
  20. Keymed Ltd - WT645001 FK-WO TORS Basic Frame‡Norfolk and Norwich University Hospitals NHS Foundation Trust · £47,880
  21. Laparoscopic Instruments & Consumables‡NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University… · shared by 27 suppliers, up to £13,676,000 in total · 9 lots
  22. Keymed Ltd - Ultrasonic Bronchoscope‡Norfolk and Norwich University Hospitals NHS Foundation Trust · £62,169
  23. PR9031 - RFL - MEC - Strobe and TNO kit for Olympus stackPartners Procurement Service · £61,300
  24. Instrument Decontamination and Accessories‡NHS Supply Chain · shared by 19 suppliers, up to £78,391,794 in total
  25. Operating Microscopes and Associated Accessories‡NHS Supply Chain · shared by 8 suppliers, up to £64,000,000 in total
  26. Electrosurgical Instrumentation‡NHS Wales Shared Services Partnership · shared by 19 suppliers, up to £3,161,574 in total · 11 lots
  27. CLI-OJEU-46286 Interventional Cardiology, Radiology, Endoscopy and Surgical Urology Consumables‡NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University… · shared by 25 suppliers · 2 lots
  28. Maintenance, Repair and Calibration of Medical EquipmentNHS Supply Chain · shared by 134 suppliers, up to £1,600,000,000 in total · runs until Sep 2028
  29. Maintenance agreement for endoscopes and associated electrosurgical equipment at Aneurin Bevan University Health Board and Cardiff & Vale University Health Boa…‡Aneurin Bevan University Health Board · shared by 37 suppliers, up to £286,894,267 in total · 7 lots
  30. Integrated Theatres Related Products and ServicesNHS Supply Chain · shared by 14 suppliers, up to £30,000,000 in total
  31. Integrated Theatres Related Products and Services‡NHS Supply Chain NHS Supply Chain Operated by DHL Supply Chain Limited acting as agent of… · shared by 14 suppliers, up to £30,000,000 in total
  32. UKRI- RE22090 Microscope - Competitive QuotationUK SHARED BUSINESS SERVICES LIMITED · £12,568
  33. KEYMED SCOPE SERVICE MAINTENANCEHULL UNIVERSITY TEACHING HOSPITALS NHS TRUST · £49,552
  34. RE22016- Camera Upgrade - Competitive QuotationUK SHARED BUSINESS SERVICES LIMITED · £16,414
  35. Contract for the Supply and Installation of Olympus MVX10 Macrozoom system including PC workstation and software to the University of BirminghamTHE UNIVERSITY OF BIRMINGHAM · £31,999
  36. Managed Equipment & Clinical Service Solutions‡NHS Supply Chain · shared by 63 suppliers, up to £217,000,000 in total
  37. Imaging, Radiotherapy, Endoscopy, Ancillary Devices and related goods & servicesNHS Supply Chain · shared by 81 suppliers, up to £3,720,500,000 in total · runs until Mar 2028
  38. The procurement of a sonosite ultrasound‡Velindre University NHS Trust · shared by 16 suppliers, up to £253,333,333 in total · 3 lots
  39. Endoscope PurchaseThe Queen Elizabeth Hospital King's Lynn Nhs Foundation Trust · £350,710
  40. Diathermy Consumables and Related AccessoriesNHS SUPPLY CHAIN · shared by 33 suppliers, up to £36,830,000 in total
  41. Endourology Products and AccessoriesNHS SUPPLY CHAIN · shared by 21 suppliers, up to £120 in total
  42. Endoscopy Consumables and Associated ProductsNHS SUPPLY CHAIN · shared by 44 suppliers, up to £300 in total
  43. Medical ITNHS SUPPLY CHAIN · shared by 73 suppliers, up to £591,323,781 in total
  44. Decontamination Capital Equipment and Associated AccessoriesNHS SUPPLY CHAIN · shared by 22 suppliers, up to £42,750,000 in total
  45. UKRI RE20491 Spinning Disk Confocal Upgrade‡UK SHARED BUSINESS SERVICES LIMITED · £132,989
  46. Framework for the supply of Endoscopy Consumables and Associated Products‡HealthTrust Europe LLP (HTE) acting on behalf of · shared by 12 suppliers, up to £100,000,000 in total
  47. Electrosurgical Equipment, Smoke Evacuators, Related Products and AccessoriesNHS SUPPLY CHAIN · shared by 10 suppliers, up to £20 in total
  48. Ventilator Challenge Transfer of Title of Components BlueSky Ventilator Project (Keymed)Crown Commercial Service · £4,589,348
  49. Ventilator Challenge Transfer of Title of Components BlueSky Ventilator Project (Keymed)‡Minister for the Cabinet Office Acting through Crown Commercial Service · £4,589,348
  50. Architectural Surgical Medical Systems, Operating and Diagnostic Imaging Tables, Patient Stretchers and Trolleys, Medical Lasers and all Related Accessories an…NHS SUPPLY CHAIN · shared by 32 suppliers, up to £90,800,000 in total
  51. Provision of Modifications to an Olympus BX41 MicroscopePublic Health England · £18,000
  52. Ventilator Challenge Assignment of Intellectual Property, Design Consultancy Work and materials to Develop the BAE Florence VentilatorCrown Commercial Service · £4,589,348
  53. Endoscopy ConsumablesNHS SUPPLY CHAIN · shared by 26 suppliers, up to £10,000,000 in total
  54. Eschmann & Medtronic Operating Tables and Diathermy UnitsLEASEGUARD GROUP LIMITED
  55. Cardiac Surgery, Cardiac Rhythm Management, Diagnostic and Interventional Consumables and Associated Products‡NHS SUPPLY CHAIN · shared by 76 suppliers
  56. CHOLEDOCHOSCOPE‡HULL UNIVERSITY TEACHING HOSPITALS NHS TRUST · £22,897
  57. Electrosurgical Equipment, Smoke Evacuators, Related Products and Accessories‡NHS SUPPLY CHAIN · shared by 10 suppliers
  58. Purchase of Hysteroscopes, Laparoscopes & Accessories‡KINGSTON HOSPITAL NHS FOUNDATIONTRUST · £40,033
  59. VIDEOSTROBOSCOPY SYSTEMHULL UNIVERSITY TEACHING HOSPITALS NHS TRUST · £49,559
  60. Maintenance & Repair of Medical equipment‡NHS SUPPLY CHAIN · shared by 104 suppliers, up to £1,594,538,044 in total
  61. SURGICAL WORKSTATIONHULL UNIVERSITY TEACHING HOSPITALS NHS TRUST · £12,622
  62. Imaging Radiotherapy Endoscopy and Ancillary Devices‡NHS SUPPLY CHAIN · shared by 64 suppliers, up to £1,538,517,000 in total
  63. Architectural Surgical Medical Systems, Operating Tables, Diagnostic Imaging Tables, Patient Stretchers and Trolleys, Medical Lasers and all Related Accessories‡NHS SUPPLY CHAIN · shared by 43 suppliers, up to £66,750,000 in total

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Statutory reporting

Payment practices1 Apr 2026 – 30 Sep 2026
Average time taken to pay invoices
50 days
Invoices not paid within agreed terms
18%
Standard payment terms
7–90 days
Member of a payment code
No
  • Within 30 days 92%
  • 31 to 60 days 3%
  • After 60 days 5%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Mar 2026
26
78%
32%
31 Mar 2022
41
52%
11%
30 Sep 2021
41
49%
13%
31 Mar 2021
49
32%
10%
30 Sep 2020
51
30%
7%
31 Mar 2020
45
39%
9%
30 Sep 2019
45
41%
9%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 11% lower
Mean hourly pay
women 11.8% lower
Median bonus pay
women 44.7% lower
Employer size
500 to 999 employees
Lower pay quarter39.1% womenLower middle43.3% womenUpper middle33.9% womenUpper pay quarter31.7% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 13.2% lower
women 12.5% lower
2023/24
women 18.9% lower
women 17.1% lower
2022/23
women 17.7% lower
women 14.9% lower
2021/22
women 21.6% lower
women 19.8% lower
2020/21
women 26.3% lower
women 22.6% lower
2019/20
women 28% lower
women 24% lower
2018/19
women 25% lower
women 23.5% lower
2017/18
women 30.3% lower
women 27.7% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements2
2021
Statement · summary on GOV.UK · group statement
2020
Statement · summary on GOV.UK · group statement

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: pharmaceuticals, plastics, machinery, electrical equipment and optical, medical and measuring instruments.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: machinery, electrical equipment, optical, medical and measuring instruments, furniture and lighting and plastics.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

4 events
  1. Financial year 2024/25 endedAccounts: turnover £299.1m, net assets £124.9m
  2. Financial year 2023/24 endedAccounts: turnover £299.9m, net assets £142m, 837 employees
  3. Olympus Keymed Group Limited registered as a person with significant control
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.