How much does Neogen Europe Limited make?

Neogen Europe Limited reported revenue of £42.7m and a loss of £2.1m in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Neogen Europe Limited have?

Neogen Europe Limited reported an average of 226 employees in the year to 31 May 2025.

Is Neogen Europe Limited profitable?

No — Neogen Europe Limited reported a loss of £2.1m in the year to 31 May 2025.

Company No. SC186341 · Incorporated 2 Jun 1998

Neogen Europe Limited

Registered name: NEOGEN EUROPE LIMITED

Part of Neogen Corporation group

Neogen Europe Limited made £42.7m revenue and a £2.1m loss in the year to 31 May 2025.

Neogen Europe Limited’s revenue fell 9% to £42.7m in the year to 31 May 2025, with a loss of £2.1m and 226 employees. The company is classified under “other professional, scientific and technical activities” and is based in Ayr; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Ayr, Scotland
Age: 28 yrs · since 1998
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. From the filing: “The company's immediate and ultimate parent company is Neogen Corporation, a publicly owned company based in the United States of America whose shares are traded on the NASDAQ Stock Market. Copies of ”

Latest accounts · year to 31 May 2025

Key figures

Revenue

£42.7m

Growth ▼8.9%

Profit

−£2.1m

Growth ▼160.4%

Profit margin

−5%

Gross 32.2%

Employees

226

Change ▲3.2%

Profit / employee

−£9.5k

Revenue/employee £189k

Profitable streak

0yrs

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 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£42.1m	£44m	£46.9m	£42.7m
Cost of sales	£26.2m	£27.8m	£28.5m	£29m
Gross profit	£15.9m	£16.3m	£18.4m	£13.8m
Operating profit	£4.3m	£2.5m	£2.5m	£180k
Profit before tax	£3.6m	£2.2m	£4.2m	−£2.1m
Profit after tax	£2.9m	£1.4m	£3.5m	−£2.1m
Profit (best available)	£2.9m	£1.4m	£3.5m	−£2.1m
Staff costs	£8.7m	£9.5m	£10m	£11.1m
Employees (average)	247	230	219	226
Ratios
Profit margin	6.9%	3.2%	7.6%	−5%
Gross margin	37.8%	36.9%	39.3%	32.2%
Revenue per employee	£170k	£191k	£214k	£189k
Profit per employee	£11.8k	£6.1k	£16.2k	−£9.5k
Growth (year on year)
Revenue growth	—	▲4.6%	▲6.5%	▼8.9%
Profit growth	—	▼51.7%	▲151.9%	▼160.4%
Headcount growth	—	▼6.9%	▼4.8%	▲3.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£3.7m	£5m	£5.3m
Net assets	£39.2m	£40.6m	£44.2m	£42m
Fixed assets	£44.5m	£48m	£44.5m	£37.8m
Current assets	£19.5m	£22.3m	£23.5m	£23.5m
Debtors	£7.3m	£6.6m	£7.5m	£4.7m
Source	Accounts · bulk data May 2024	Accounts · bulk data May 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −5%; Profit ÷ revenue.
Gross margin: 32.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £189k; Revenue ÷ average employees.
Profit per employee: −£9.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 88.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11%; 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: ▼5%; Now £42m
Cash at bank: ▲5%; Now £5.3m
Headcount: ▲3%; Now 226
Deferred income: —; Now —
Fixed assets: ▼15%; Now £37.8m

Corporate ownership

Group structure

Ownership chain

Neogen Corporation (registered outside the UK register)ultimate parent75–100%
Neogen Europe Limitedthis company

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

Subsidiaries (1)

Delf (UK) LimitedRev. £3.7m · Profit −£789k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit −£2.1m), from the Companies House accounts bulk data published Dec 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.