How much does Ethigen Limited make?

Ethigen Limited reported revenue of £274m and £2.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Ethigen Limited have?

Ethigen Limited reported an average of 444 employees in the year to 31 Mar 2025.

Is Ethigen Limited profitable?

Yes — Ethigen Limited reported a profit of £2.2m in the year to 31 Mar 2025.

Company No. SC208842 · Incorporated 6 Jul 2000

Ethigen Limited

Registered name: ETHIGEN LIMITED

Part of Ethigen Holdings Limited group

Ethigen Limited made £274m revenue and £2.2m profit in the year to 31 Mar 2025.

Ethigen Limited’s revenue grew 3% to £274m in the year to 31 Mar 2025, with £2.2m profit and 444 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in East Kilbride; we hold 3 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: East Kilbride, Scotland
Age: 26 yrs · since 2000
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 2025

Key figures

Capital-light

Revenue

£274m

Growth ▲2.6%

Profit

£2.2m

Growth ▼66.5%

Profit margin

0.8%

Gross 11.9%

Employees

444

Change ▲26.9%

Profit / employee

£4.9k

Revenue/employee £618k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£195m	£267m	£274m
Cost of sales	£170m	£235m	£242m
Gross profit	£25.3m	£32.1m	£32.8m
Operating profit	£9.1m	£10.4m	£4.7m
Profit before tax	£8.1m	£8.8m	£3m
Profit after tax	£6.5m	£6.5m	£2.2m
Profit (best available)	£6.5m	£6.5m	£2.2m
Staff costs	£10.9m	£14.7m	£17.2m
Employees (average)	338	350	444
Ratios
Profit margin	3.3%	2.4%	0.8%
Gross margin	13%	12%	11.9%
Revenue per employee	£577k	£764k	£618k
Profit per employee	£19.3k	£18.7k	£4.9k
Growth (year on year)
Revenue growth	—	▲37%	▲2.6%
Profit growth	—	▲0.2%	▼66.5%
Headcount growth	—	▲3.5%	▲26.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£28.2k	£19k
Net assets	£17.1m	£21.3m	£23.5m
Fixed assets	£2.6m	£4.5m	£7m
Current assets	£76.1m	£81.5m	£84.7m
Debtors	£48.7m	£56.5m	£53.6m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 0.8%; Profit ÷ revenue.
Gross margin: 11.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £618k; Revenue ÷ average employees.
Profit per employee: £4.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.5%; 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: ▲10%; Now £23.5m
Cash at bank: ▼32%; Now £19k
Headcount: ▲27%; Now 444
Deferred income: —; Now —
Fixed assets: ▲56%; Now £7m

Corporate ownership

Group structure

Ownership chain

Ethigen Holdings Limitedultimate parent75–100%
Ethigen 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.2m), from the Companies House accounts bulk data published Feb 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.