Sykes Chemists Limited
Registered name: SYKES CHEMISTS LIMITED
Sykes Chemists Limited made £11.2m revenue and a £496k loss in the year to 31 Jan 2025.
Sykes Chemists Limited’s revenue fell 10% to £11.2m in the year to 31 Jan 2025, with a loss of £496k and 115 employees. The company is classified under “dispensing chemist in specialised stores”; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- North West
- Age
- 27 yrs · since 1998
- 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 | 28 Feb 2022 | 28 Feb 2023 | 31 Jan 2024 | 29 Feb 2024 | 31 Jan 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £12.6m | £13.1m | £12.5m | £12.5m | £11.2m |
| Cost of sales | £8.4m | £9.2m | −£8.9m | −£8.9m | −£8.3m |
| Gross profit | £4.2m | £3.8m | £3.6m | £3.6m | £2.9m |
| Operating profit | £822k | −£169k | £188k | £188k | −£296k |
| Profit before tax | £742k | −£331k | −£65.5k | −£65.5k | −£496k |
| Profit after tax | £546k | −£346k | −£41.4k | −£41.4k | −£496k |
| Profit (best available) | £546k | −£346k | −£41.4k | −£41.4k | −£496k |
| Staff costs | £2.6m | £3m | — | — | — |
| Employees (average) | 151 | 135 | 120 | 120 | 115 |
| Ratios | |||||
| Profit margin | 4.3% | −2.6% | −0.3% | −0.3% | −4.4% |
| Gross margin | 33.4% | 29.3% | 28.5% | 28.5% | 25.7% |
| Revenue per employee | £83.6k | £96.9k | £104k | £104k | £97.5k |
| Profit per employee | £3.6k | −£2.6k | −£345 | −£345 | −£4.3k |
| Cash conversion | −177.6% | — | — | — | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▲3.6% | ▼4.3% | — | ▼10.4% |
| Profit growth | — | ▼163.5% | — | — | — |
| Headcount growth | — | ▼10.6% | ▼11.1% | — | ▼4.2% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £1.2m | £90k | — | — | — |
| Net assets | £1.1m | £697k | — | — | — |
| Fixed assets | £3.5m | £3.2m | — | — | — |
| Current assets | £4.2m | £4.1m | — | — | — |
| Debtors | £1.1m | £1.4m | — | — | — |
| Deferred income | £249k | £307k | — | — | — |
| Cash from operations | −£1.5m | −£86.6k | — | — | — |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | Accounts · bulk data Feb 2026 | Accounts · bulk data Mar 2025 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −4.4%
- Profit ÷ revenue.
- Gross margin
- 25.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £97.5k
- Revenue ÷ average employees.
- Profit per employee
- −£4.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼4%
- Now 115
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Slc01 LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- D. Shannon Stewart LimitedCo Down · Dispensing chemist in specialised stores
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Sources
Latest figures from accounts for the year to 31 Jan 2025 (profit −£496k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.