How much does Trion Pharma Limited make?

Trion Pharma Limited reported revenue of £19.2m and £6.2m profit in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does Trion Pharma Limited have?

Trion Pharma Limited reported an average of 18 employees in the year to 31 Oct 2024.

Is Trion Pharma Limited profitable?

Yes — Trion Pharma Limited reported a profit of £6.2m in the year to 31 Oct 2024.

Company No. 09293856 · Incorporated 4 Nov 2014

Trion Pharma Limited

Registered name: TRION PHARMA LIMITED

Part of Synthron Holdings Limited group

Trion Pharma Limited made £19.2m revenue and £6.2m profit in the year to 31 Oct 2024.

Trion Pharma Limited’s revenue grew 32% to £19.2m in the year to 31 Oct 2024, with £6.2m profit and 18 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Coventry; we hold 4 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: Coventry, West Midlands
Age: 11 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 Oct 2024

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£19.2m

Growth ▲31.8%

Profit

£6.2m

Growth ▲34.1%

Profit margin

32.5%

Gross 52.9%

Employees

Change ▲28.6%

Profit / employee

£346k

Revenue/employee £1.1m

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2021	31 Oct 2022	31 Oct 2023	31 Oct 2024
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£9.6m	£14.6m	£19.2m
Cost of sales	—	£5m	£7.3m	£9m
Gross profit	—	£4.6m	£7.2m	£10.1m
Operating profit	—	£3.1m	£5.9m	£8.5m
Profit before tax	—	£3.1m	£6m	£8.8m
Profit after tax	—	£2.6m	£4.6m	£6.2m
Profit (best available)	—	£2.6m	£4.6m	£6.2m
Employees (average)	10	10	14	18
Ratios
Profit margin	—	26.6%	31.9%	32.5%
Gross margin	—	48%	49.8%	52.9%
Revenue per employee	—	£960k	£1m	£1.1m
Profit per employee	—	£255k	£332k	£346k
Cash conversion	—	−126.9%	−151.9%	31%
Growth (year on year)
Revenue growth	—	—	▲51.6%	▲31.8%
Profit growth	—	—	▲82%	▲34.1%
Headcount growth	—	0%	▲40%	▲28.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£3m	£6.6m	£17.1m	£13.1m
Net assets	£1.5m	£4.1m	£8.7m	£14.9m
Fixed assets	£164k	£322k	£399k	£415k
Current assets	£5.1m	£9.8m	£19.8m	£26.2m
Debtors	£877k	£667k	£1.4m	£2.2m
Cash from operations	—	−£4m	−£9m	£2.6m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 32.5%; Profit ÷ revenue.
Gross margin: 52.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.1m; Revenue ÷ average employees.
Profit per employee: £346k; Profit ÷ average employees.
Cash conversion: 31%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.2%; 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: ▲71%; Now £14.9m
Cash at bank: ▼23%; Now £13.1m
Headcount: ▲29%; Now 18
Deferred income: —; Now —
Fixed assets: ▲4%; Now £415k

Corporate ownership

Group structure

Ownership chain

Synthron Holdings Limitedultimate parent75–100%
Trion Pharma Limitedthis company

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

Sister companies (2)

Trion Animal Care LimitedFigures not disclosed
Trion Healthcare 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 Oct 2024 (profit £6.2m), 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.