How much does Morningside (Leicester) Limited make?

Morningside (Leicester) Limited reported revenue of £5.8m and £1.3m profit in the year to 31 Aug 2024, according to its accounts filed at Companies House.

How many employees does Morningside (Leicester) Limited have?

Morningside (Leicester) Limited reported an average of 71 employees in the year to 31 Aug 2024.

Is Morningside (Leicester) Limited profitable?

Yes — Morningside (Leicester) Limited reported a profit of £1.3m in the year to 31 Aug 2024.

Company No. 02277762 · Incorporated 15 Jul 1988

Morningside (Leicester) Limited

Registered name: MORNINGSIDE (LEICESTER) LIMITED

Part of Morningside Holdings Ltd group

Morningside (Leicester) Limited made £5.8m revenue and £1.3m profit in the year to 31 Aug 2024.

Morningside (Leicester) Limited’s revenue fell 1% to £5.8m in the year to 31 Aug 2024, with £1.3m profit and 71 employees. The company is classified under “dispensing chemist in specialised stores” and is based in Loughborough; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47730Dispensing chemist in specialised stores

Status: Active
Location: Loughborough, East Midlands
Age: 38 yrs · since 1988
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 Aug 2024

Key figures

Capital-light

Revenue

£5.8m

Growth ▼1.2%

Profit

£1.3m

Growth —

Profit margin

22%

Gross 28.6%

Employees

Change ▼5.3%

Profit / employee

£18.1k

Revenue/employee £82k

Profitable streak

1yr

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2022	31 Aug 2023	31 Aug 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.7m	£5.9m	£5.8m
Cost of sales	£3.7m	£4.3m	£4.2m
Gross profit	£2m	£1.6m	£1.7m
Operating profit	£84.3k	−£442k	£1.3m
Profit before tax	£84.6k	−£440k	£1.3m
Profit after tax	£67.8k	−£394k	£1.3m
Profit (best available)	£67.8k	−£394k	£1.3m
Employees (average)	75	75	71
Ratios
Profit margin	1.2%	−6.7%	22%
Gross margin	35.6%	27.2%	28.6%
Revenue per employee	£76.6k	£78.5k	£82k
Profit per employee	£904	−£5.3k	£18.1k
Growth (year on year)
Revenue growth	—	▲2.5%	▼1.2%
Profit growth	—	▼680.9%	—
Headcount growth	—	0%	▼5.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£446k	£560k	£1.2m
Net assets	£792k	£398k	£1.7m
Fixed assets	£42.3k	£88.6k	£27.4k
Current assets	£1.5m	£1.7m	£2.4m
Debtors	£23.2k	£4.8k	£5.2k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: 22%; Profit ÷ revenue.
Gross margin: 28.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £82k; Revenue ÷ average employees.
Profit per employee: £18.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▲322%; Now £1.7m
Cash at bank: ▲113%; Now £1.2m
Headcount: ▼5%; Now 71
Deferred income: —; Now —
Fixed assets: ▼69%; Now £27.4k

Corporate ownership

Group structure

Ownership chain

Morningside Holdings Ltdultimate parent75–100%
Adiuvara Limited75–100%
Morningside (Leicester) Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £1.3m), from the Companies House accounts bulk data published Jul 2025. 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.