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Company No. 05899807 · Incorporated 8 Aug 2006

Farmacy PLC

Registered name: FARMACY PLC

Part of Hutchinson Group Limited group

Farmacy PLC made £8m revenue and £105k profit in the year to 31 Dec 2025.

Farmacy PLC’s revenue grew 5% to £8m in the year to 31 Dec 2025, with £105k profit and 70 employees. The company is classified under “support activities for crop production” and is based in Lincoln; we hold 4 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01610Support activities for crop production
Status
Active
Location
Lincoln, East Midlands
Age
20 yrs · since 2006
Type
Public 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: “Hutchinson Group Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with lessCash flow filed
Revenue
£8m
Growth ▲5.3%
Profit
£105k
Growth ▼7.8%
Profit margin
1.3%
Gross 4.6%
Employees
70
Change ▼4.1%
Profit / employee
£1.5k
Revenue/employee £115k
Profitable streak
4yrs
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 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£7.8m£8.2m£7.6m£8m
Cost of sales£7.4m£7.8m£7.3m£7.7m
Gross profit£395k£425k£371k£373k
Operating profit£241k£223k£171k£156k
Profit before tax£242k£223k£171k£150k
Profit after tax£165k£148k£114k£105k
Profit (best available)£165k£148k£114k£105k
Staff costs£5.4m£5.7m£5.3m£5.6m
Employees (average)65727370
Ratios
Profit margin2.1%1.8%1.5%1.3%
Gross margin5%5.2%4.9%4.6%
Revenue per employee£120k£114k£105k£115k
Profit per employee£2.5k£2.1k£1.6k£1.5k
Cash conversion−2%−45.8%−80.6%−47.5%
Growth (year on year)
Revenue growth—▲4.6%▼6.7%▲5.3%
Profit growth—▼10.4%▼22.9%▼7.8%
Headcount growth—▲10.8%▲1.4%▼4.1%
Balance sheet — indirect signals, not revenue
Cash at bank£55.7k£57.5k£58.7k£57.1k
Net assets£1.4m£1.5m£1.6m£1.7m
Fixed assets£135k£76.3k£33.3k£16.5k
Current assets£1.7m£1.8m£2.1m£2.3m
Debtors£783k£899k£984k£743k
Deferred income£98.8k£23k£10.4k£9.8k
Cash from operations−£4.8k−£102k−£138k−£74.1k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
1.3%
Profit ÷ revenue.
Gross margin
4.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£115k
Revenue ÷ average employees.
Profit per employee
£1.5k
Profit ÷ average employees.
Cash conversion
−47.5%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.2%
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
▲7%
Now £1.7m
Cash at bank
▼3%
Now £57.1k
Headcount
▼4%
Now 70
Deferred income
▼5%
Now £9.8k
Fixed assets
▼50%
Now £16.5k

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. Hutchinson Group Limitedultimate parent75–100%
  2. Farmacy PLCthis company

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

Subsidiaries (3)

Sister companies (2)

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 Dec 2025 (profit £105k), from the Companies House accounts bulk data published Jun 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.