Neon Healthcare Ltd
Registered name: NEON HEALTHCARE LTD
Part of Neon Healthcare International Ltd groupNeon Healthcare Ltd made £59.4m revenue and £1.7m profit in the year to 31 Mar 2025.
Neon Healthcare Ltd’s revenue grew 17% to £59.4m in the year to 31 Mar 2025, with £1.7m profit and 28 employees. The company is classified under “manufacture of pharmaceutical preparations” and is based in Hertford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hertford, East of England
- Age
- 17 yrs · since 2009
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £52.5m | £51.2m | £50.9m | £59.4m |
| Cost of sales | £47.2m | £45m | −£44.9m | −£52.4m |
| Gross profit | £5.4m | £6.1m | £6m | £6.9m |
| Operating profit | £2.2m | £1.9m | £1.5m | £2.3m |
| Profit before tax | £2.2m | £1.9m | £1.5m | £2.3m |
| Profit after tax | £2m | £1.7m | £1.2m | £1.7m |
| Profit (best available) | £2m | £1.7m | £1.2m | £1.7m |
| Staff costs | £1.2m | £1.9m | — | — |
| Employees (average) | 14 | 21 | 29 | 28 |
| Ratios | ||||
| Profit margin | 3.7% | 3.3% | 2.3% | 2.9% |
| Gross margin | 10.2% | 12% | 11.8% | 11.7% |
| Revenue per employee | £3.8m | £2.4m | £1.8m | £2.1m |
| Profit per employee | £140k | £80.8k | £40.1k | £61k |
| Cash conversion | −91% | −228.1% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼2.6% | ▼0.5% | ▲16.6% |
| Profit growth | — | ▼13.2% | ▼31.5% | ▲46.9% |
| Headcount growth | — | ▲50% | ▲38.1% | ▼3.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.3m | £6.3m | — | — |
| Net assets | £2.4m | £4.1m | — | — |
| Fixed assets | £143k | £246k | — | — |
| Current assets | £44.5m | £43.4m | — | — |
| Debtors | £12m | £14m | — | — |
| Cash from operations | −£2m | −£4.4m | — | — |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Dec 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 11.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.1m
- Revenue ÷ average employees.
- Profit per employee
- £61k
- 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.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼3%
- Now 28
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Neon Healthcare International Ltdultimate parent75–100%
- Neon Healthcare Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Neon Pharmaceuticals LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Dermal Laboratories LimitedLoughton · Manufacture of pharmaceutical preparations
- Revenue
- £45.7m
- Profit
- £2.4m
- Staff
- 171
- Northumbria Pharma LtdSedgefield · Manufacture of pharmaceutical preparations
- Revenue
- £44.5m
- Profit
- £10.6k
- Staff
- 29
- Nicobrand LimitedCounty Londonderry · Manufacture of pharmaceutical preparations
- Revenue
- £62.5m
- Profit
- £19.9m
- Staff
- 88
- Vertical Pharma Resources LimitedWest Molesey · Manufacture of pharmaceutical preparations
- Revenue
- £39.2m
- Profit
- £5.3m
- Staff
- 89
- Catalent CTS (Edinburgh) LimitedSwindon · Manufacture of pharmaceutical preparations
- Revenue
- £68.7m
- Profit
- £17.8m
- Staff
- 264
- Brown & Burk UK LimitedHounslow · Manufacture of pharmaceutical preparations
- Revenue
- £36m
- Profit
- £2.6m
- Staff
- 20
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £1.7m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.