How much does Pillbox38 (UK) Limited make?

Pillbox38 (UK) Limited reported revenue of £82.4m and £10.3m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Pillbox38 (UK) Limited have?

Pillbox38 (UK) Limited reported an average of 422 employees in the year to 31 Mar 2025.

Is Pillbox38 (UK) Limited profitable?

Yes — Pillbox38 (UK) Limited reported a profit of £10.3m in the year to 31 Mar 2025.

Company No. 06781419 · Incorporated 31 Dec 2008

Pillbox38 (UK) Limited

Registered name: PILLBOX38 (UK) LIMITED

Part of Wittyace Hk Holding Limited group

Pillbox38 (UK) Limited made £82.4m revenue and £10.3m profit in the year to 31 Mar 2025. read from filing text

Pillbox38 (UK) Limited’s revenue fell 6% to £82.4m in the year to 31 Mar 2025, with £10.3m profit and 422 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Blackburn; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores SIC 47910Retail sale via mail order houses or via Internet

Status: Active
Location: Blackburn, North West
Age: 17 yrs · since 2008
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 ultimate controlling party is Totally Wicked Holdings Limited.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£82.4m

Growth ▼5.7%

Profit

£10.3m

Growth ▼1.1%

Profit margin

12.6%

Gross 40.4%

Employees

422

Change ▲13.4%

Profit / employee

£24.5k

Revenue/employee £195k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£41.8m	£68.5m	£87.4m	£82.4m
Cost of sales	£19.6m	£44.2m	£54.4m	£49.1m
Gross profit	£22.2m	£24.2m	£33m	£33.2m
Operating profit	£9.1m	£8.8m	£13.5m	£13.7m
Profit before tax	£9.1m	£8.9m	£13.8m	£13.9m
Profit after tax	£7.6m	£7.5m	£10.5m	£10.3m
Profit (best available)	£7.6m	£7.5m	£10.5m	£10.3m
Staff costs	£7.6m	£9m	£10.3m	£11.6m
Employees (average)	304	337	372	422
Ratios
Profit margin	18.2%	10.9%	12%	12.6%
Gross margin	53.2%	35.4%	37.8%	40.4%
Revenue per employee	£137k	£203k	£235k	£195k
Profit per employee	£25k	£22.2k	£28.1k	£24.5k
Growth (year on year)
Revenue growth	—	▲63.8%	▲27.6%	▼5.7%
Profit growth	—	▼1.2%	▲39.5%	▼1.1%
Headcount growth	—	▲10.9%	▲10.4%	▲13.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.2m	£5.7m	£8.7m	£9.3m
Net assets	£10.4m	£17.9m	£23m	£22.6m
Fixed assets	£1.4m	£2m	£2.2m	£2.1m
Current assets	£11.3m	£20.9m	£26.5m	£30.2m
Debtors	£2m	£3.2m	£5.2m	£6.7m
Deferred income	£336k	£538k	£1.9m	£5m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 12.6%; Profit ÷ revenue.
Gross margin: 40.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £195k; Revenue ÷ average employees.
Profit per employee: £24.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▼2%; Now £22.6m
Cash at bank: ▲6%; Now £9.3m
Headcount: ▲13%; Now 422
Deferred income: ▲161%; Now £5m
Fixed assets: ▼4%; Now £2.1m

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

Wittyace Hk Holding Limited (registered outside the UK register)ultimate parent75–100%
Wittyace UK Holding Limited75–100%
Totally Wicked Holdings Limited75–100%
Totally Wicked Limited75–100%
Pillbox38 (UK) Limitedthis company

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

Sister companies (2)

The Electronic Cigarette Company (UK) LtdFigures not disclosed
UK Vapour Brands LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £10.3m), from the Companies House accounts bulk data published Dec 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.