Neuraxpharm UK Limited
Registered name: NEURAXPHARM UK LIMITED
Part of Permira VII Investment Platform Limited groupNeuraxpharm UK Limited made £26m revenue and a £850k loss in the year to 31 Dec 2025.
Neuraxpharm UK Limited’s revenue grew 39% to £26m in the year to 31 Dec 2025, with a loss of £850k and 28 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Cardiff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 9 yrs · since 2017
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.5m | £19.9m | £18.7m | £26m |
| Cost of sales | £11.3m | £16.4m | £15.5m | £18.8m |
| Gross profit | £3.2m | £3.5m | £3.2m | £7.2m |
| Operating profit | £229k | £619k | −£912k | −£950k |
| Profit before tax | £128k | £387k | −£1.2m | −£1.1m |
| Profit after tax | £82k | £304k | −£871k | −£850k |
| Profit (best available) | £82k | £304k | −£871k | −£850k |
| Staff costs | £720k | £808k | £1.6m | £3.3m |
| Employees (average) | 7 | 9 | 15 | 28 |
| Ratios | ||||
| Profit margin | 0.6% | 1.5% | −4.7% | −3.3% |
| Gross margin | 22% | 17.7% | 17.3% | 27.6% |
| Revenue per employee | £2.1m | £2.2m | £1.2m | £929k |
| Profit per employee | £11.7k | £33.8k | −£58.1k | −£30.4k |
| Cash conversion | −921.8% | 516.6% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲37.4% | ▼6% | ▲38.9% |
| Profit growth | — | ▲271.2% | ▼386.3% | — |
| Headcount growth | — | ▲28.6% | ▲66.7% | ▲86.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £238k | £821k | £281k | £5.1m |
| Net assets | £383k | £687k | −£184k | −£1m |
| Fixed assets | £600k | £401k | £237k | £404k |
| Current assets | £7.2m | £12.4m | £13.2m | £23.6m |
| Debtors | £3.5m | £5.1m | £4.4m | £8.7m |
| Deferred income | £312k | £950k | £1.3m | £2.1m |
| Cash from operations | −£2.1m | £3.2m | £1.6m | −£2.7m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- −3.3%
- Profit ÷ revenue.
- Gross margin
- 27.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £929k
- Revenue ÷ average employees.
- Profit per employee
- −£30.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 33.4%
- 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 −£1m
- Cash at bank
- ▲1711%
- Now £5.1m
- Headcount
- ▲87%
- Now 28
- Deferred income
- ▲70%
- Now £2.1m
- Fixed assets
- ▲71%
- Now £404k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Permira VII Investment Platform Limitedultimate parent75–100%
- Neuraxpharm UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (5)
- Sevenplatform II LimitedFigures not disclosed
- Sevenplatform III LimitedFigures not disclosed
- Sevenplatform IX LimitedFigures not disclosed
- Sevenplatform VI LimitedFigures not disclosed
- Sevenplatform VII LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Flamingo Pharma (UK) LtdHarrow · Wholesale of pharmaceutical goods
- Revenue
- £25.5m
- Profit
- £329k
- Staff
- 14
- Pharmaceuticals Direct LimitedWholesale of pharmaceutical goods
- Revenue
- £25.2m
- Profit
- £1.3m
- Staff
- 26
- Reliance Medical LtdStoke-on-Trent · Wholesale of pharmaceutical goods
- Revenue
- £24.5m
- Profit
- £783k
- Staff
- 77
- Fairview Health LimitedHarrow · Wholesale of pharmaceutical goods
- Revenue
- £27.8m
- Profit
- £2.7m
- Staff
- 94
- Crest Medical LimitedWarrington · Wholesale of pharmaceutical goods
- Revenue
- £24.3m
- Profit
- £829
- Staff
- 82
- Et Browne (UK) LimitedWholesale of pharmaceutical goods
- Revenue
- £27.9m
- Profit
- £848k
- Staff
- 20
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£850k), from the Companies House accounts bulk data published May 2026. 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.