Medac Pharma LLP
Registered name: MEDAC PHARMA LLP
Medac Pharma LLP made £50.2m revenue and £5.3m profit in the year to 31 Mar 2024. read from filing text
Medac Pharma LLP’s revenue grew 2% to £50.2m in the year to 31 Mar 2024, with £5.3m profit and 26 employees. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 9 yrs · since 2017
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
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: “The ultimate controlling member is medac Gesellschaft für klinische Spezialpräparate mbH.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £47.8m | £49.1m | £50.2m |
| Cost of sales | £37.6m | £38.4m | £38.3m |
| Gross profit | £10.2m | £10.6m | £11.9m |
| Operating profit | £5.9m | £5.6m | — |
| Profit after tax | £5.9m | £5.6m | £5.3m |
| Profit (best available) | £5.9m | £5.6m | £5.3m |
| Employees (average) | 24 | 24 | 26 |
| Ratios | |||
| Profit margin | 12.3% | 11.3% | 10.6% |
| Gross margin | 21.3% | 21.7% | 23.8% |
| Revenue per employee | £2m | £2m | £1.9m |
| Profit per employee | £245k | £231k | £205k |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.7% | ▲2.4% |
| Profit growth | — | ▼5.5% | ▼4.2% |
| Headcount growth | — | 0% | ▲8.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 10.6%
- Profit ÷ revenue.
- Gross margin
- 23.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.9m
- Revenue ÷ average employees.
- Profit per employee
- £205k
- 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.
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
- ▲8%
- Now 26
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £5.3m), from the Companies House accounts bulk data published Aug 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.