How much does Healthxchange Pharmacy UK Limited make?

Healthxchange Pharmacy UK Limited reported revenue of £69.2m and £4.6m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Healthxchange Pharmacy UK Limited have?

Healthxchange Pharmacy UK Limited reported an average of 173 employees in the year to 31 Dec 2025.

Is Healthxchange Pharmacy UK Limited profitable?

Yes — Healthxchange Pharmacy UK Limited reported a profit of £4.6m in the year to 31 Dec 2025.

Company No. 01999872 · Incorporated 14 Mar 1986

Healthxchange Pharmacy UK Limited

Registered name: HEALTHXCHANGE PHARMACY UK LIMITED

Part of Growth Partner Management LLP group

Healthxchange Pharmacy UK Limited made £69.2m revenue and £4.6m profit in the year to 31 Dec 2025.

Healthxchange Pharmacy UK Limited’s revenue grew 57% to £69.2m in the year to 31 Dec 2025, with £4.6m profit and 173 employees. The company is classified under “dispensing chemist in specialised stores” and is based in London; we hold 3 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: London, London
Age: 40 yrs · since 1986
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 Dec 2025

Key figures

Operating leverage

Revenue

£69.2m

Growth ▲56.8%

Profit

£4.6m

Growth ▲62.6%

Profit margin

6.6%

Gross 38.6%

Employees

173

Change ▲35.2%

Profit / employee

£26.5k

Revenue/employee £400k

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 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£34.5m	£44.2m	£69.2m
Cost of sales	−£20.6m	−£24.3m	−£42.5m
Gross profit	£13.9m	£19.9m	£26.7m
Operating profit	£1.8m	£3.8m	£6.1m
Profit before tax	£1.8m	£3.7m	£6m
Profit after tax	£1.5m	£2.8m	£4.6m
Profit (best available)	£1.5m	£2.8m	£4.6m
Employees (average)	101	128	173
Ratios
Profit margin	4.3%	6.4%	6.6%
Gross margin	40.3%	45%	38.6%
Revenue per employee	£341k	£345k	£400k
Profit per employee	£14.6k	£22.1k	£26.5k
Growth (year on year)
Revenue growth	—	▲28.2%	▲56.8%
Profit growth	—	▲91.7%	▲62.6%
Headcount growth	—	▲26.7%	▲35.2%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Aug 2025	Accounts · bulk data Aug 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 6.6%; Profit ÷ revenue.
Gross margin: 38.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £400k; Revenue ÷ average employees.
Profit per employee: £26.5k; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: ▲35%; Now 173
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Growth Partner Management LLPultimate parent75–100%
Growth Partner Co-Invest Halo Limited75–100%
Growth Partner Co-Invest Halo GP LLP50–75%
Halo Midco 1 Limited75–100%
Halo Midco 2 Limited75–100%
Halo Bidco Limited75–100%
Healthxchange Pharmacy UK Limitedthis company

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

Sister companies (1)

Heald Green Pharma LimitedFigures not disclosed

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 accounts for the year to 31 Dec 2025 (profit £4.6m), 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.