Company No. 05015111 · Incorporated 14 Jan 2004

The Association of Pharmaceutical Specials Manufacturers Limited

Q: Is The Association of Pharmaceutical Specials Manufacturers Limited profitable?

Yes — The Association of Pharmaceutical Specials Manufacturers Limited reported a profit of £90 in the year to 31 Dec 2025.

Registered name: THE ASSOCIATION OF PHARMACEUTICAL SPECIALS MANUFACTURERS LIMITED

The Association of Pharmaceutical Specials Manufacturers Limited made £50.9k revenue and £90 profit in the year to 31 Dec 2025.

The Association of Pharmaceutical Specials Manufacturers Limited’s revenue was £50.9k in the year to 31 Dec 2025, with £90 profit and 0 employees. The company is classified under “other business support service activities” and is based in West Molesey; we hold 5 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: West Molesey, London
Age: 22 yrs · since 2004
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall teamOperating leverage

Revenue

£50.9k

Growth ▲0.1%

Profit

£90

Growth ▲181.3%

Profit margin

0.2%

Employees

Change —

Profit / employee

—

Profitable streak

5yrs

Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£50.8k	£51k	£51.2k	£50.8k	£50.9k
Profit after tax	£79	£171	£375	£32	£90
Profit (best available)	£79	£171	£375	£32	£90
Employees (average)	—	0	0	0	0
Ratios
Profit margin	0.2%	0.3%	0.7%	0.1%	0.2%
Growth (year on year)
Revenue growth	—	▲0.3%	▲0.4%	▼0.7%	▲0.1%
Profit growth	—	▲116.5%	▲119.3%	▼91.5%	▲181.3%
Balance sheet — indirect signals, not revenue
Net assets	£6.3k	£6.5k	£6.9k	£6.9k	£7k
Current assets	£51.4k	£45.3k	£31.4k	£14.3k	£20.8k
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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.

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 £7k
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £90), from the Companies House accounts bulk data published Mar 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.