Dermal Laboratories Limited
Registered name: DERMAL LABORATORIES LIMITED
Part of Diomed Group Holdings Limited groupDermal Laboratories Limited made £45.7m revenue and £2.4m profit in the year to 31 May 2025.
Dermal Laboratories Limited’s revenue grew 9% to £45.7m in the year to 31 May 2025, with £2.4m profit and 171 employees. The company is classified under “manufacture of pharmaceutical preparations” and is based in Loughton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Loughton, London
- Age
- 44 yrs · since 1981
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Diomed Group Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £39.1m | £38.5m | £42.1m | £45.7m |
| Cost of sales | £15.9m | £14.8m | £18.7m | £20.4m |
| Gross profit | £23.2m | £23.6m | £23.4m | £25.4m |
| Operating profit | £1.5m | £513k | £1.3m | £2.2m |
| Profit before tax | £1.5m | £512k | £1.4m | £2.4m |
| Profit after tax | £2m | £892k | £1.4m | £2.4m |
| Profit (best available) | £2m | £892k | £1.4m | £2.4m |
| Staff costs | £11.1m | £12.8m | £11.9m | £12.5m |
| Employees (average) | 166 | 170 | 168 | 171 |
| Ratios | ||||
| Profit margin | 5.1% | 2.3% | 3.4% | 5.2% |
| Gross margin | 59.3% | 61.5% | 55.6% | 55.5% |
| Revenue per employee | £236k | £226k | £251k | £267k |
| Profit per employee | £11.9k | £5.2k | £8.5k | £13.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼1.7% | ▲9.6% | ▲8.5% |
| Profit growth | — | ▼54.9% | ▲60.2% | ▲66.4% |
| Headcount growth | — | ▲2.4% | ▼1.2% | ▲1.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £7.2m | £7m | £6.4m | £6.5m |
| Net assets | £39.9m | £40.8m | £42.3m | £44.6m |
| Fixed assets | £16.4m | £17.6m | £18.2m | £18.7m |
| Current assets | £32.2m | £29.7m | £30.5m | £32.4m |
| Debtors | £8.1m | £7.7m | £9.8m | £10.1m |
| Deferred income | £741k | £1.5m | £913k | £1.5m |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 5.2%
- Profit ÷ revenue.
- Gross margin
- 55.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £267k
- Revenue ÷ average employees.
- Profit per employee
- £13.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 40.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22%
- 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
- ▲6%
- Now £44.6m
- Cash at bank
- ▲2%
- Now £6.5m
- Headcount
- ▲2%
- Now 171
- Deferred income
- ▲64%
- Now £1.5m
- Fixed assets
- ▲3%
- Now £18.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Diomed Group Holdings Limitedultimate parent75–100%
- Diomed Developments Limited75–100%
- Dermal Laboratories Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Aeropak (Chemical Products) LimitedRev. £16.5m · Profit £518k
- Brome and Schimmer LimitedRev. — · Profit −£3.8k
- Diomed Direct LimitedRev. — · Profit −£30
- Diomed Pharmaceuticals LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- £44.5m
- Profit
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- Staff
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- Vertical Pharma Resources LimitedWest Molesey · Manufacture of pharmaceutical preparations
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- Brown & Burk UK LimitedHounslow · Manufacture of pharmaceutical preparations
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- Profit
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- Nicobrand LimitedCounty Londonderry · Manufacture of pharmaceutical preparations
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- Catalent CTS (Edinburgh) LimitedSwindon · Manufacture of pharmaceutical preparations
- Revenue
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £2.4m), from the Companies House accounts bulk data published Feb 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.