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Company No. 01904504 · Incorporated 12 Apr 1985

Day Lewis Medical Limited

Registered name: DAY LEWIS MEDICAL LIMITED

Part of Day Lewis PLC group

Day Lewis Medical Limited made £281m revenue and £14m profit in the year to 31 Mar 2024.

Day Lewis Medical Limited’s revenue grew 6% to £281m in the year to 31 Mar 2024, with £14m profit and 241 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Croydon; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46460Wholesale of pharmaceutical goods
Status
Active
Location
Croydon, London
Age
41 yrs · since 1985
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.

Latest accounts · year to 31 Mar 2024

Key figures

Capital-lightOperating leverage
Revenue
£281m
Growth ▲5.8%
Profit
£14m
Growth ▲115.7%
Profit margin
5%
Gross 12.5%
Employees
241
Change ▲13.7%
Profit / employee
£58.3k
Revenue/employee £1.2m
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£265m£281m
Cost of sales£240m£246m
Gross profit£25.9m£35.1m
Operating profit£7.3m£15.2m
Profit before tax£7.3m£15.2m
Profit after tax£6.5m£14m
Profit (best available)£6.5m£14m
Staff costs£5.6m£6.4m
Employees (average)212241
Ratios
Profit margin2.5%5%
Gross margin9.8%12.5%
Revenue per employee£1.3m£1.2m
Profit per employee£30.7k£58.3k
Growth (year on year)
Revenue growth—▲5.8%
Profit growth—▲115.7%
Headcount growth—▲13.7%
Balance sheet — indirect signals, not revenue
Cash at bank£2.9m£17.4m
Net assets£40.9m£54.9m
Fixed assets£2.2m£3.4m
Current assets£81.9m£89.3m
Debtors£34.8m£30.7m
Deferred income£1.2m£592k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024
Derived from the latest filing

How the business works

Profit margin
5%
Profit ÷ revenue.
Gross margin
12.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.2m
Revenue ÷ average employees.
Profit per employee
£58.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.2%
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
10.9%
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
▲34%
Now £54.9m
Cash at bank
▲499%
Now £17.4m
Headcount
▲14%
Now 241
Deferred income
▼52%
Now £592k
Fixed assets
▲56%
Now £3.4m

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. Day Lewis PLCultimate parent75–100%
  2. Day Lewis Medical Limitedthis company

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

Sister companies (17)

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 Mar 2024 (profit £14m), from the Companies House accounts bulk data published Aug 2024. 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.