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Company No. 01594795 · Incorporated 2 Nov 1981

Dermal Laboratories Limited

Registered name: DERMAL LABORATORIES LIMITED

Part of Diomed Group Holdings Limited group

Dermal 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.

Full P&L filedSection C · ManufacturingSIC 21200Manufacture of pharmaceutical preparations
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”

Latest accounts · year to 31 May 2025

Key figures

Operating leverage
Revenue
£45.7m
Growth ▲8.5%
Profit
£2.4m
Growth ▲66.4%
Profit margin
5.2%
Gross 55.5%
Employees
171
Change ▲1.8%
Profit / employee
£13.9k
Revenue/employee £267k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202231 May 202331 May 202431 May 2025
DisclosureFull P&LFull P&LFull P&LFull 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)166170168171
Ratios
Profit margin5.1%2.3%3.4%5.2%
Gross margin59.3%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
SourceAccounts · bulk data Feb 2024Accounts · bulk data Feb 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

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.
Indirect — not revenue

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.

Corporate ownership

Group structure

Ownership chain

  1. Diomed Group Holdings Limitedultimate parent75–100%
  2. Diomed Developments Limited75–100%
  3. Dermal Laboratories Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (4)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.