How much does Target Healthcare Limited make?

Target Healthcare Limited reported revenue of £37.3m and £2.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Target Healthcare Limited have?

Target Healthcare Limited reported an average of 131 employees in the year to 31 Dec 2025.

Is Target Healthcare Limited profitable?

Yes — Target Healthcare Limited reported a profit of £2.2m in the year to 31 Dec 2025.

Company No. SC431859 · Incorporated 4 Sep 2012

Target Healthcare Limited

Registered name: TARGET HEALTHCARE LIMITED

Part of Target Healthcare Group Holdings Limited group

Target Healthcare Limited made £37.3m revenue and £2.2m profit in the year to 31 Dec 2025. read from filing text

Target Healthcare Limited’s revenue grew 33% to £37.3m in the year to 31 Dec 2025, with £2.2m profit and 131 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46460Wholesale of pharmaceutical goods SIC 86900Other human health activities

Status: Active
Location: Glasgow, Scotland
Age: 14 yrs · since 2012
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 intermediate parent company is Target Healthcare Group Limited. The”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£37.3m

Growth ▲33.1%

Profit

£2.2m

Growth ▲350.7%

Profit margin

5.9%

Gross 33.9%

Employees

131

Change ▼4.4%

Profit / employee

£16.7k

Revenue/employee £285k

Profitable streak

4yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£27.1m	£25.7m	£28m	£37.3m
Cost of sales	£21.5m	£19.1m	£19.6m	£24.6m
Gross profit	£5.6m	£6.5m	£8.5m	£12.6m
Operating profit	£210k	£397k	£983k	£3.3m
Profit before tax	£5m	£114k	£619k	£2.9m
Profit after tax	£5.1m	£76.1k	£484k	£2.2m
Profit (best available)	£5.1m	£76.1k	£484k	£2.2m
Staff costs	£3.6m	£2.7m	£5.3m	£5.3m
Employees (average)	111	85	137	131
Ratios
Profit margin	18.8%	0.3%	1.7%	5.9%
Gross margin	20.6%	25.5%	30.2%	33.9%
Revenue per employee	£244k	£302k	£205k	£285k
Profit per employee	£45.8k	£896	£3.5k	£16.7k
Growth (year on year)
Revenue growth	—	▼5.3%	▲9.1%	▲33.1%
Profit growth	—	▼98.5%	▲536%	▲350.7%
Headcount growth	—	▼23.4%	▲61.2%	▼4.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£969k	£1.1m	£1.9m
Net assets	£1.1m	£1m	£1.4m	£3.2m
Fixed assets	£1.7m	£1.8m	£1.4m	£1.3m
Current assets	£12.2m	£10m	£15.8m	£18.1m
Debtors	£5.2m	£4.9m	£6.8m	£8.3m
Deferred income	£1.5m	£1.9m	£3.5m	£5.2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 5.9%; Profit ÷ revenue.
Gross margin: 33.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £285k; Revenue ÷ average employees.
Profit per employee: £16.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 14.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.2%; 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: ▲125%; Now £3.2m
Cash at bank: ▲69%; Now £1.9m
Headcount: ▼4%; Now 131
Deferred income: ▲49%; Now £5.2m
Fixed assets: ▼10%; Now £1.3m

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

Target Healthcare Group Holdings Limitedultimate parent75–100%
Target Healthcare Group Limited75–100%
Target Healthcare Limitedthis company

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

Sister companies (5)

Quantum Pharmaceutical LimitedRev. £235m · Profit £8.6m
Pern Consumer Products LimitedFigures not disclosed
Quantum Aseptic Services LimitedFigures not disclosed
Target Healthcare (Ni) LimitedFigures not disclosed
Target Healthcare (Wholesale) LimitedRev. — · Profit £1.2m

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 Dec 2025 (profit £2.2m), from the Companies House accounts bulk data published Sep 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.