JOINTMEDICA LIMITED
Company number 03936112 · Monitor this company
Executive summary
Jointmedica Limited represents a well-capitalised niche player in the UK orthopaedic implant manufacturing sector, significantly strengthened by TPG private equity investment which transformed the balance sheet from negative equity to over £20M in shareholders' funds during 2023-24. However, the company remains firmly in the investment phase with accelerating losses (retained earnings deteriorated by £3.5M in just nine months) and substantial cash burn, reflecting the capital-intensive nature of medical device development and regulatory approval. The critical inflection point will be the transition from development expenditure to commercial revenue generation — a milestone that, given the firm's IP heritage through Derek McMinn's orthopaedic expertise and its current cash runway of approximately £11M, appears achievable but not yet demonstrated in the financial record.
Shareholders' funds
£36,376,843
Balance sheet as at 2025-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2000-02-29
- Employees
- 25 (2025 accounts · was 22 in 2024)
- Registered office
- Brook House, Moss Grove, Kingswinford, West Midlands, England, DY6 9HS
- Postcode
- DY6 9HS
- Capital
- 36 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-12-17
- Next due by
- 2026-12-31
Nature of business (SIC)
- 32500 Manufacture of medical and dental instruments and supplies
Officers 1 current · 11 resigned
Group structure
Controlled by Tpg, Inc (06133002) — since 2023-08-24
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA231097 (Tier 1), registered since 2017.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- http://www.jointmedica.com
Previous registered addresses 6
| Address | Changed on |
|---|---|
| BROOK HOUSE MOSS GROVE, KINGSWINFORD, DY6 9HS, ENGLAND | 2018-07-09 |
| GRANTA LODGE 71 GRAHAM ROAD, MALVERN, WORCESTERSHIRE, WR14 2JS | 2018-05-03 |
| OAKMOORE COURT KINGSWOOD ROAD, HAMPTON LOVETT, DROITWICH, WORCESTERSHIRE, WR9 0QH | 2014-04-08 |
| POWER HOUSE, HARRISON CLOSE, KNOWHILL, MILTON KEYNES, BUCKINGHAMSHIRE, MK5 8PA | 2010-08-12 |
| POWER HOUSE, DAVY AVENUE KNOWHILL, MILTON KEYNES, BUCKINGHAMSHIRE MK5 8RR | 2006-03-21 |
| CALCOT FARM, CALCOT HILL, CLENT, STOURBRIDGE, WEST MIDLANDS DY9 9RX | 2004-12-16 |
Among its peers
Top 1%
by shareholders' funds, of 207 similar companies in DY — measured against the wider sector
Among the biggest employers among its local peers (25 staff).
2nd oldest of its local peers, trading since 2000.
The class of 2000
41%
of the 75,534 companies incorporated in 2000 are still active today; 56% have since been dissolved.
A fact about the year, not a forecast for this company.