{"name":"JOINTMEDICA LIMITED","company_number":"03936112","status":"Active","type":"Private Limited Company","incorporated":"2000-02-29","dissolved":null,"registered_office":"Brook House, Moss Grove, Kingswinford, West Midlands, England, DY6 9HS","postcode":"DY6 9HS","sic_codes":[{"code":32500,"description":"Manufacture of medical and dental instruments and supplies"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":25,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","cash":17590785,"average_employees":25},{"financial_date":"2024-12-31","cash":11022963,"average_employees":22},{"financial_date":"2024-03-31","cash":15109278,"average_employees":16},{"financial_date":"2023-03-31","net_assets":1226617,"cash":1445435},{"financial_date":"2022-03-31","net_assets":2304772,"cash":1171733}],"officers":{"current":1,"resigned":11,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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 [name withheld]'s orthopaedic expertise and its current cash runway of approximately £11M, appears achievable but not yet demonstrated in the financial record.","website":"http://www.jointmedica.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/jointmedica","people":"https://www.companiesintheuk.co.uk/company/jointmedica/people","filing_history":"https://www.companiesintheuk.co.uk/company/jointmedica/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03936112","financials":"https://www.companiesintheuk.co.uk/company/jointmedica/financial","control":"https://www.companiesintheuk.co.uk/company/jointmedica/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/jointmedica/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/jointmedica"}