How much does Bowmed Ibisqus Limited make?

Bowmed Ibisqus Limited reported revenue of £32m and £3.4m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Bowmed Ibisqus Limited have?

Bowmed Ibisqus Limited reported an average of 11 employees in the year to 31 Dec 2024.

Is Bowmed Ibisqus Limited profitable?

Yes — Bowmed Ibisqus Limited reported a profit of £3.4m in the year to 31 Dec 2024.

Company No. 06204088 · Incorporated 4 Apr 2007

Bowmed Ibisqus Limited

Registered name: BOWMED IBISQUS LIMITED

Part of Istituto Biochimico Italiano Giovanni Lorenzini S.P.A group

Bowmed Ibisqus Limited made £32m revenue and £3.4m profit in the year to 31 Dec 2024.

Bowmed Ibisqus Limited’s revenue grew 21% to £32m in the year to 31 Dec 2024, with £3.4m profit and 11 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46460Wholesale of pharmaceutical goods

Status: Active
Location: Manchester, North West
Age: 19 yrs · since 2007
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 undertaking is Istituto Biochimico Italiano Giovanni Lorenzini S.p.A ("IBI SpA"), incorporated in Italy.The ultimate parent company is IBIGEN Srl, a company incorporated in Italy ”

Latest accounts · year to 31 Dec 2024

Key figures

Cash flow filed

Revenue

£32m

Growth ▲21.5%

Profit

£3.4m

Growth ▲21.1%

Profit margin

10.6%

Gross 22.9%

Employees

Change ▲10%

Profit / employee

£308k

Revenue/employee £2.9m

Profitable streak

3yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.3m	£26.4m	£32m
Cost of sales	£17.9m	£21.1m	£24.7m
Gross profit	£4.4m	£5.3m	£7.3m
Operating profit	£2.7m	£3.5m	£4.6m
Profit after tax	£2.2m	£2.8m	£3.4m
Profit (best available)	£2.2m	£2.8m	£3.4m
Staff costs	£875k	£937k	£1.1m
Employees (average)	9	10	11
Ratios
Profit margin	9.8%	10.6%	10.6%
Gross margin	19.8%	20.1%	22.9%
Revenue per employee	£2.5m	£2.6m	£2.9m
Profit per employee	£243k	£280k	£308k
Cash conversion	−109.9%	52.2%	−86.8%
Growth (year on year)
Revenue growth	—	▲18.1%	▲21.5%
Profit growth	—	▲27.6%	▲21.1%
Headcount growth	—	▲11.1%	▲10%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.6m	£1.2m	£939k
Net assets	£8m	£8.5m	£8.9m
Current assets	£15.6m	£13.9m	£14.2m
Debtors	£4.1m	£3.6m	£5m
Cash from operations	−£3m	£1.8m	−£4m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 10.6%; Profit ÷ revenue.
Gross margin: 22.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.9m; Revenue ÷ average employees.
Profit per employee: £308k; Profit ÷ average employees.
Cash conversion: −86.8%; 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: 15.6%; 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: ▲4%; Now £8.9m
Cash at bank: ▼20%; Now £939k
Headcount: ▲10%; Now 11
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Istituto Biochimico Italiano Giovanni Lorenzini S.P.A (registered outside the UK register)ultimate parent75–100%
Bowmed Ibisqus 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

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.4m), from the Companies House accounts bulk data published Sep 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.