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Company No. 04353309 · Incorporated 15 Jan 2002

Niche Generics Limited

Registered name: NICHE GENERICS LIMITED

Part of Unichem Laboratories Limited group

Niche Generics Limited made £8.1m revenue and a £388k loss in the year to 31 Mar 2025. read from filing text

Niche Generics Limited’s revenue fell 17% to £8.1m in the year to 31 Mar 2025, with a loss of £388k and 53 employees. The company is classified under “manufacture of basic pharmaceutical products” and is based in Hitchin; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 21100Manufacture of basic pharmaceutical products
Status
Active
Location
Hitchin, East of England
Age
24 yrs · since 2002
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: “The Immediate parent company is Unichem Laboratories Limited (a company incorporated in India with registered office address at”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed
Revenue
£8.1m
Growth ▼17.3%
Profit
−£388k
Growth ▼169.8%
Profit margin
−4.8%
Gross 54.9%
Employees
53
Change ▼5.4%
Profit / employee
−£7.3k
Revenue/employee £153k
Profitable streak
0yrs
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 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£8.1m£7.7m£9.8m£8.1m
Cost of sales£3.6m£3.4m£3.5m£3.7m
Gross profit£4.5m£4.3m£6.3m£4.5m
Operating profit−£251k−£904k£704k−£253k
Profit before tax−£415k−£988k£556k−£388k
Profit after tax−£415k−£988k£556k−£388k
Profit (best available)−£415k−£988k£556k−£388k
Employees (average)55565653
Ratios
Profit margin−5.1%−12.8%5.7%−4.8%
Gross margin55%56%64.3%54.9%
Revenue per employee£147k£138k£175k£153k
Profit per employee−£7.5k−£17.6k£9.9k−£7.3k
Cash conversion——−82.6%—
Growth (year on year)
Revenue growth—▼4.6%▲27.2%▼17.3%
Profit growth———▼169.8%
Headcount growth—▲1.8%0%▼5.4%
Balance sheet — indirect signals, not revenue
Cash at bank£201k£76.9k£500k£340k
Net assets£72.4k−£916k−£360k−£748k
Fixed assets£1.1m£870k£621k£375k
Current assets£4.8m£4.6m£5.9m£5.1m
Debtors£1.7m£1.7m£1.8m£1.2m
Deferred income£270k£188k£687k£238k
Cash from operations−£333k£6k−£582k£23.8k
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
−4.8%
Profit ÷ revenue.
Gross margin
54.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£153k
Revenue ÷ average employees.
Profit per employee
−£7.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14.9%
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
—
Now −£748k
Cash at bank
▼32%
Now £340k
Headcount
▼5%
Now 53
Deferred income
▼65%
Now £238k
Fixed assets
▼40%
Now £375k

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. Unichem Laboratories Limited (registered outside the UK register)ultimate parent75–100%
  2. Niche Generics 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

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£388k), from the Companies House accounts bulk data published Nov 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.