After reporting almost £900,000 in pre-tax losses in its previous year, Liverpool medical supplier, occupational health and logistics specialist Kays Medical reveals a return to profit. Tony McDonough reports
Liverpool family firm Kays Medical has returned to profit amid “extremely competitive” trading.
Based in Speke in the south of the city, Kays is a supplier of medical equipment and pharmaceutical products and provides first aid training, occupational health services and third-party logistics.
It began life as a high street pharmacy in Liverpool in the 1970s. It still operates three pharmacies in the city under a separate division. In the 1980s it diversified into a specialist supplier of medical products, equipment and pharmaceuticals.
In 2022 the company started building a 33,000 sq ft warehouse next to its headquarters in Speke. It offers third-party logistics services to other businesses that need to store and distribute products as quickly and efficiently as possible.
This expansion was supported by a £2.4m loan from Liverpool City Region Combined Authority which helped support the creation of 30 jobs.
Kays has posted its accounts for the 12 months to March 31, 2025. They reveal a rise in revenues of more than 11% to £16.3m. Pre-tax profits of £12,783 compared to pre-tax losses of £873,036 in the previous year.
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Writing in the annual report, chief executive and majority shareholder Ben Ludzker, said: “Despite the slow growth in the UK-wide economy, sales grew by 11.2% in the year. Growth was particularly driven by the group’s occupational health and logistics divisions.
“The growth, combined with cost focus, contributed to a significantly improved financial performance in the year.
“The directors believe that the business is now in a stable condition and while trading conditions remain extremely competitive, profitability since the end of the financial year remains at a similar level to the 2025 year end.”