How much does The Christie Pharmacy Limited make?

The Christie Pharmacy Limited reported revenue of £65.7m and £385k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does The Christie Pharmacy Limited have?

The Christie Pharmacy Limited reported an average of 40 employees in the year to 31 Mar 2023.

Is The Christie Pharmacy Limited profitable?

Yes — The Christie Pharmacy Limited reported a profit of £385k in the year to 31 Mar 2023.

Company No. 11027496 · Incorporated 23 Oct 2017

The Christie Pharmacy Limited

Registered name: THE CHRISTIE PHARMACY LIMITED

Part of The Christie Nhs Foundation Trust group

The Christie Pharmacy Limited made £65.7m revenue and £385k profit in the year to 31 Mar 2023.

The Christie Pharmacy Limited’s revenue grew 17% to £65.7m in the year to 31 Mar 2023, with £385k profit and 40 employees. The company is classified under “other business support service activities” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Manchester, North West
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.

Latest accounts · year to 31 Mar 2023

Key figures

Capital-lightDoing more with less

Revenue

£65.7m

Growth ▲16.7%

Profit

£385k

Growth ▼16.5%

Profit margin

0.6%

Gross 3.4%

Employees

Change ▼2.4%

Profit / employee

£9.6k

Revenue/employee £1.6m

Profitable streak

2yrs

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£56.3m	£65.7m
Cost of sales	£54.3m	£63.4m
Gross profit	£2m	£2.3m
Operating profit	£576k	£477k
Profit before tax	£568k	£475k
Profit after tax	£461k	£385k
Profit (best available)	£461k	£385k
Employees (average)	41	40
Ratios
Profit margin	0.8%	0.6%
Gross margin	3.6%	3.4%
Revenue per employee	£1.4m	£1.6m
Profit per employee	£11.2k	£9.6k
Growth (year on year)
Revenue growth	—	▲16.7%
Profit growth	—	▼16.5%
Headcount growth	—	▼2.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£458k
Net assets	£1.2m	£1.6m
Fixed assets	£0	£0
Current assets	£5.9m	£7.4m
Debtors	£0	£0
Deferred income	£1.7m	£2.6m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 0.6%; Profit ÷ revenue.
Gross margin: 3.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.6m; Revenue ÷ average employees.
Profit per employee: £9.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲32%; Now £1.6m
Cash at bank: ▼65%; Now £458k
Headcount: ▼2%; Now 40
Deferred income: ▲53%; Now £2.6m
Fixed assets: —; Now £0

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

Ownership chain

The Christie Nhs Foundation Trust (registered outside the UK register)ultimate parent75–100%
The Christie Pharmacy 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £385k), from the Companies House accounts bulk data published Dec 2023. 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.