How much does Besins Healthcare (UK) Limited make?

Besins Healthcare (UK) Limited reported revenue of £75.7m and a loss of £6.4m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Besins Healthcare (UK) Limited have?

Besins Healthcare (UK) Limited reported an average of 54 employees in the year to 31 Dec 2023.

Is Besins Healthcare (UK) Limited profitable?

No — Besins Healthcare (UK) Limited reported a loss of £6.4m in the year to 31 Dec 2023.

Company No. 08694669 · Incorporated 18 Sep 2013

Besins Healthcare (UK) Limited

Registered name: BESINS HEALTHCARE (UK) LIMITED

Besins Healthcare (UK) Limited made £75.7m revenue and a £6.4m loss in the year to 31 Dec 2023.

Besins Healthcare (UK) Limited’s revenue grew 65% to £75.7m in the year to 31 Dec 2023, with a loss of £6.4m and 54 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Holborn; we hold 2 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: Holborn, London
Age: 13 yrs · since 2013
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: “Besins Healthcare Ireland”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightCash flow filed

Revenue

£75.7m

Growth ▲65.2%

Profit

−£6.4m

Growth ▼382.3%

Profit margin

−8.5%

Gross 39.5%

Employees

Change ▲14.9%

Profit / employee

−£119k

Revenue/employee £1.4m

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£45.8m	£75.7m
Cost of sales	£24.4m	£45.8m
Gross profit	£21.4m	£29.9m
Operating profit	£3.1m	−£5.7m
Profit before tax	£3m	−£6.4m
Profit after tax	£2.3m	−£6.4m
Profit (best available)	£2.3m	−£6.4m
Staff costs	£3.7m	£5m
Employees (average)	47	54
Ratios
Profit margin	5%	−8.5%
Gross margin	46.7%	39.5%
Revenue per employee	£975k	£1.4m
Profit per employee	£48.6k	−£119k
Cash conversion	6.2%	—
Growth (year on year)
Revenue growth	—	▲65.2%
Profit growth	—	▼382.3%
Headcount growth	—	▲14.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£43.4k	£0
Net assets	−£13.7m	−£20.2m
Fixed assets	£837k	£597k
Current assets	£13.6m	£30.6m
Debtors	£10.3m	£15.3m
Deferred income	£2.7m	£5.4m
Cash from operations	£191k	£257k
Source	Accounts · bulk data May 2024	Accounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −8.5%; Profit ÷ revenue.
Gross margin: 39.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.4m; Revenue ÷ average employees.
Profit per employee: −£119k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.3%; 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: —; Now −£20.2m
Cash at bank: ▼100%; Now £0
Headcount: ▲15%; Now 54
Deferred income: ▲96%; Now £5.4m
Fixed assets: ▼29%; Now £597k

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

Minority corporate shareholders

Besins Healthcare Ireland Ltd (registered outside the UK register)

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 accounts for the year to 31 Dec 2023 (profit −£6.4m), from the Companies House accounts bulk data published May 2024. 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.