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Company No. 02010112 · Incorporated 15 Apr 1986

Necessity Supplies Limited

Registered name: NECESSITY SUPPLIES LIMITED

Necessity Supplies Limited made £16.7m revenue and £3.1m profit in the year to 31 Oct 2025. read from filing text

Necessity Supplies Limited’s revenue grew 24% to £16.7m in the year to 31 Oct 2025, with £3.1m profit and 31 employees. The company is classified under “wholesale of pharmaceutical goods” and is based in Northolt; 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
Status
Active
Location
Northolt, 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. From the filing: “The company is under the common control of the directors, who are also the controlling shareholders”

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightDoing more with lessCash flow filed
Revenue
£16.7m
Growth ▲24.1%
Profit
£3.1m
Growth —
Profit margin
18.5%
Gross 4.1%
Employees
31
Change ▼3.1%
Profit / employee
£99.4k
Revenue/employee £537k
Profitable streak
1yr
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 to31 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£18.6m£13.6m£13.4m£16.7m
Cost of sales£16.5m£13.1m£12.4m£16m
Gross profit£2.1m£501k£1m£684k
Operating profit£82.3k−£1.4m−£1.1m£2.1m
Profit before tax£83.5k−£1.5m−£1.1m£4.1m
Profit after tax£66k−£954k−£802k£3.1m
Profit (best available)£66k−£954k−£802k£3.1m
Staff costs£970k£1.1m£1.1m£1.1m
Employees (average)29313231
Ratios
Profit margin0.4%−7%−6%18.5%
Gross margin11.5%3.7%7.7%4.1%
Revenue per employee£643k£440k£420k£537k
Profit per employee£2.3k−£30.8k−£25.1k£99.4k
Cash conversion804.1%——109.4%
Growth (year on year)
Revenue growth—▼26.9%▼1.5%▲24.1%
Profit growth—▼1546%——
Headcount growth—▲6.9%▲3.2%▼3.1%
Balance sheet — indirect signals, not revenue
Cash at bank£980k£2.1m£160k£164k
Net assets£7.8m£6.8m£6m£9.1m
Fixed assets£1m£1.1m£1m£1m
Current assets£14.7m£13.1m£13.4m£19.6m
Debtors£7m£6.1m£5.8m£6.1m
Deferred income£34.7k£420k£73.3k£550k
Cash from operations£662k−£1.5m£1.5m£2.3m
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
18.5%
Profit ÷ revenue.
Gross margin
4.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£537k
Revenue ÷ average employees.
Profit per employee
£99.4k
Profit ÷ average employees.
Cash conversion
109.4%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
36.8%
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
▲51%
Now £9.1m
Cash at bank
▲2%
Now £164k
Headcount
▼3%
Now 31
Deferred income
▲650%
Now £550k
Fixed assets
▼3%
Now £1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £3.1m), from the Companies House accounts bulk data published Jul 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.