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Company No. 08842973 · Incorporated 13 Jan 2014

Pharm@sea Limited

Registered name: PHARM@SEA LIMITED

Part of University Hospitals Sussex Nhs Foundation Trust group

Pharm@sea Limited made £26.9m revenue and £343k profit in the year to 31 Mar 2026.

Pharm@sea Limited’s revenue grew 11% to £26.9m in the year to 31 Mar 2026, with £343k profit and 47 employees. The company is classified under “dispensing chemist in specialised stores” and is based in Brighton; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47730Dispensing chemist in specialised storesSIC 86101Hospital activities
Status
Active
Location
Brighton, South East
Age
12 yrs · since 2014
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.

Latest accounts · year to 31 Mar 2026

Key figures

Capital-lightCash flow filed
Revenue
£26.9m
Growth ▲10.9%
Profit
£343k
Growth ▼49.3%
Profit margin
1.3%
Gross 11.9%
Employees
47
Change ▲11.9%
Profit / employee
£7.3k
Revenue/employee £572k
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 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£23.8m£24.1m£24.2m£26.9m
Cost of sales£20m£21.4m£21.1m−£23.7m
Gross profit£3.8m£2.7m£3.1m£3.2m
Operating profit£2.4m£994k£873k£373k
Profit before tax£2.4m£1.1m£913k£394k
Profit after tax£1.9m£811k£677k£343k
Profit (best available)£1.9m£811k£677k£343k
Staff costs£946k£1.3m£1.6m—
Employees (average)30354247
Ratios
Profit margin8%3.4%2.8%1.3%
Gross margin16.1%11.3%12.8%11.9%
Revenue per employee£794k£689k£577k£572k
Profit per employee£63.8k£23.2k£16.1k£7.3k
Cash conversion−52.6%11.9%−190.4%—
Growth (year on year)
Revenue growth—▲1.2%▲0.5%▲10.9%
Profit growth—▼57.6%▼16.6%▼49.3%
Headcount growth—▲16.7%▲20%▲11.9%
Balance sheet — indirect signals, not revenue
Cash at bank£1.9m£407k£693k—
Net assets£2.9m£3m£3.3m—
Fixed assets£139k£133k£871k—
Current assets£5.7m£5.8m£5.7m—
Debtors£2.4m£3.7m£2.6m—
Cash from operations−£1.2m£119k−£1.7m—
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024FullAccounts · bulk data Jul 2025Accounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
1.3%
Profit ÷ revenue.
Gross margin
11.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£572k
Revenue ÷ average employees.
Profit per employee
£7.3k
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.
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 —
Cash at bank
—
Now —
Headcount
▲12%
Now 47
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. University Hospitals Sussex Nhs Foundation Trust (registered outside the UK register)ultimate parent75–100%
  2. Pharm@sea 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

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Industry benchmarks →

Sources

Latest figures from accounts for the year to 31 Mar 2026 (profit £343k), from the Companies House accounts bulk data published Jul 2026. 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.