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Company No. 04951981 · Incorporated 4 Nov 2003

Ipca Laboratories UK Limited

Registered name: IPCA LABORATORIES UK LIMITED

Part of Kentish Holdings Ltd group

Ipca Laboratories UK Limited made £22.6m revenue and a £1.3m loss in the year to 31 Mar 2025. read from filing text

Ipca Laboratories UK Limited’s revenue grew 91% to £22.6m in the year to 31 Mar 2025, with a loss of £1.3m and 127 employees. The company is classified under “manufacture of pharmaceutical preparations” and is based in Sunderland; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 21200Manufacture of pharmaceutical preparations
Status
Active
Location
Sunderland, North East
Age
22 yrs · since 2003
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 2025

Key figures

Revenue
£22.6m
Growth ▲91.1%
Profit
−£1.3m
Growth ▼191%
Profit margin
−5.8%
Gross 22.1%
Employees
127
Change ▲2017%
Profit / employee
−£10.4k
Revenue/employee £178k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&Lread from filing text
Profit & loss
Revenue (turnover)£7m£11.8m£22.6m
Cost of sales£6.9m£10.6m£17.6m
Gross profit£145k£1.2m£5m
Operating profit−£591k£448k−£1.4m
Profit before tax−£91k£1.4m−£1.3m
Profit after tax−£91k£1.4m−£1.3m
Profit (best available)−£91k£1.4m−£1.3m
Staff costs£336k£378k—
Employees (average)66127
Ratios
Profit margin−1.3%12.3%−5.8%
Gross margin2.1%10.2%22.1%
Revenue per employee£1.2m£2m£178k
Profit per employee−£15.2k£241k−£10.4k
Cash conversion—17.3%—
Growth (year on year)
Revenue growth—▲68.3%▲91.1%
Profit growth——▼191%
Headcount growth—0%▲2017%
Balance sheet — indirect signals, not revenue
Cash at bank£148k£1m£345k
Net assets£7m£8.5m£8.4m
Fixed assets£4.9m£4.9m£4.9m
Current assets£5.5m£9.4m£9.9m
Debtors£2.4m£3.3m£2.6m
Cash from operations£1.4m£77.6k—
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
−5.8%
Profit ÷ revenue.
Gross margin
22.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£178k
Revenue ÷ average employees.
Profit per employee
−£10.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
21.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.4%
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
▼1%
Now £8.4m
Cash at bank
▼67%
Now £345k
Headcount
▲2017%
Now 127
Deferred income
—
Now —
Fixed assets
▲0%
Now £4.9m
Corporate ownership

Group structure

Ownership chain

  1. Kentish Holdings Ltdultimate parent50–75%
  2. Kentish Sub Ltd75–100%
  3. Canalside N1 Ltd50–75%
  4. Ipca Ltd75–100%
  5. Ipca Laboratories UK Limitedthis company

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

Subsidiaries (1)

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 2025 (profit −£1.3m), from the Companies House accounts bulk data published Jan 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.