Michael Franklin(Chemists)limited
Registered name: MICHAEL FRANKLIN(CHEMISTS)LIMITED
Michael Franklin(Chemists)limited made £13.7m revenue and a £93.8k loss in the year to 30 Jun 2025. read from filing text
Michael Franklin(Chemists)limited’s revenue grew 2% to £13.7m in the year to 30 Jun 2025, with a loss of £93.8k and 94 employees. The company is classified under “dispensing chemist in specialised stores” and is based in Pinner; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Pinner, London
- Age
- 63 yrs · since 1962
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £11m | £12.6m | £13.4m | £13.7m |
| Cost of sales | £7.4m | £8.8m | £9.7m | £9.7m |
| Gross profit | £3.6m | £3.8m | £3.7m | £4m |
| Operating profit | £1.4m | £552k | −£91.3k | £100k |
| Profit before tax | £1.3m | £434k | −£256k | −£55.4k |
| Profit after tax | £1m | £290k | −£238k | −£93.8k |
| Profit (best available) | £1m | £290k | −£238k | −£93.8k |
| Staff costs | £1.9m | £2.1m | £2.5m | £2.5m |
| Employees (average) | 87 | 90 | 98 | 94 |
| Ratios | ||||
| Profit margin | 9.3% | 2.3% | −1.8% | −0.7% |
| Gross margin | 32.5% | 30.1% | 27.5% | 29% |
| Revenue per employee | £126k | £140k | £137k | £145k |
| Profit per employee | £11.6k | £3.2k | −£2.4k | −£998 |
| Cash conversion | −160.2% | 125.3% | — | −677.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲14.9% | ▲6.8% | ▲1.7% |
| Profit growth | — | ▼71.4% | ▼182.2% | — |
| Headcount growth | — | ▲3.5% | ▲8.9% | ▼4.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £183k | £279k | £606k |
| Net assets | £3.9m | £4.2m | £3.9m | £3.8m |
| Fixed assets | £2.9m | £2.8m | £2.5m | £2.3m |
| Current assets | £5.9m | £6.1m | £6.2m | £6.4m |
| Debtors | £1.6m | £2.7m | £3m | £2.5m |
| Deferred income | £18.2k | £22.4k | £21.8k | £21.8k |
| Cash from operations | −£2.2m | £691k | −£563k | −£677k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −0.7%
- Profit ÷ revenue.
- Gross margin
- 29%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £145k
- Revenue ÷ average employees.
- Profit per employee
- −£998
- Profit ÷ average employees.
- Cash conversion
- −677.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼2%
- Now £3.8m
- Cash at bank
- ▲117%
- Now £606k
- Headcount
- ▼4%
- Now 94
- Deferred income
- 0%
- Now £21.8k
- Fixed assets
- ▼11%
- Now £2.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- J.P. Mackie & Company Ltd.Glasgow · Dispensing chemist in specialised stores
- Revenue
- £13.7m
- Profit
- £539k
- Staff
- 112
- Web Pharmacy LimitedStirling · Dispensing chemist in specialised stores
- Revenue
- £14.5m
- Profit
- £6k
- Staff
- 83
- Dean & Smedley,limitedStaffs · Dispensing chemist in specialised stores
- Revenue
- £14.9m
- Profit
- £452k
- Staff
- 135
- D. Shannon Stewart LimitedCo Down · Dispensing chemist in specialised stores
- Revenue
- £15.5m
- Profit
- £464k
- Staff
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- H & K Willis LimitedGlasgow · Dispensing chemist in specialised stores
- Revenue
- £11.8m
- Profit
- £506k
- Staff
- 71
- SDH Developments LimitedTorquay · Dispensing chemist in specialised stores
- Revenue
- £11.6m
- Profit
- £93.6k
- Staff
- 12
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£93.8k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.