How much does M & D Green Dispensing Chemist Limited make?

M & D Green Dispensing Chemist Limited reported revenue of £67.4m and £2.8m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does M & D Green Dispensing Chemist Limited have?

M & D Green Dispensing Chemist Limited reported an average of 550 employees in the year to 31 Mar 2024.

Is M & D Green Dispensing Chemist Limited profitable?

Yes — M & D Green Dispensing Chemist Limited reported a profit of £2.8m in the year to 31 Mar 2024.

Company No. SC215009 · Incorporated 23 Jan 2001

M & D Green Dispensing Chemist Limited

Registered name: M & D GREEN DISPENSING CHEMIST LIMITED

Part of The M & D Green Group Limited group

M & D Green Dispensing Chemist Limited made £67.4m revenue and £2.8m profit in the year to 31 Mar 2024. read from filing text

M & D Green Dispensing Chemist Limited’s revenue grew 109% to £67.4m in the year to 31 Mar 2024, with £2.8m profit and 550 employees. The company is classified under “dispensing chemist in specialised stores” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47730Dispensing chemist in specialised stores

Status: Active
Location: Glasgow, Scotland
Age: 25 yrs · since 2001
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: “Ultimate controlling parties are Mr M Green and Mrs D Green by virtue of their 100% shareholding in The M & D Green Group Limited (the company's parent company), the registered office of which is Bank”

Latest accounts · year to 31 Mar 2024

Key figures

Operating leverage

Revenue

£67.4m

Growth ▲108.5%

Profit

£2.8m

Growth ▲5452%

Profit margin

4.2%

Gross 38.6%

Employees

550

Change ▲84%

Profit / employee

£5.2k

Revenue/employee £123k

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 2023	31 Mar 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£32.3m	£67.4m
Cost of sales	£19.7m	£41.4m
Gross profit	£12.6m	£26m
Operating profit	£623k	£4.1m
Profit before tax	£556k	£3.9m
Profit after tax	£51.1k	£2.8m
Profit (best available)	£51.1k	£2.8m
Staff costs	£6.5m	£13.2m
Employees (average)	299	550
Ratios
Profit margin	0.2%	4.2%
Gross margin	38.9%	38.6%
Revenue per employee	£108k	£123k
Profit per employee	£171	£5.2k
Growth (year on year)
Revenue growth	—	▲108.5%
Profit growth	—	▲5452%
Headcount growth	—	▲84%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.7m	£6.2m
Net assets	£14.5m	£17.1m
Fixed assets	£12.9m	£11.9m
Current assets	£15.9m	£18.6m
Debtors	£4.9m	£5.5m
Deferred income	£88.2k	£497k
Source	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: 4.2%; Profit ÷ revenue.
Gross margin: 38.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £123k; Revenue ÷ average employees.
Profit per employee: £5.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▲18%; Now £17.1m
Cash at bank: ▲33%; Now £6.2m
Headcount: ▲84%; Now 550
Deferred income: ▲463%; Now £497k
Fixed assets: ▼8%; Now £11.9m

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 M & D Green Group Limitedultimate parent75–100%
M & D Green Dispensing Chemist Limitedthis company

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

Sister companies (2)

Gordons Chemists Holdings (Scotland) LtdRev. — · Profit −£107
Great Glen Pharma Ltd.Figures not disclosed

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 2024 (profit £2.8m), from the Companies House accounts bulk data published Nov 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.