Pharmaq Ltd
Registered name: PHARMAQ LTD
Part of Zoetis Inc groupPharmaq Ltd made £12.7m revenue and £327k profit in the year to 31 Dec 2025.
Pharmaq Ltd’s revenue grew 25% to £12.7m in the year to 31 Dec 2025, with £327k profit and 15 employees. The company is classified under “veterinary activities” and is based in Fordingbridge; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Fordingbridge, South West
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £9.9m | £10.1m | £12.7m |
| Cost of sales | −£8.1m | −£8.8m | −£10.6m |
| Gross profit | £1.8m | £1.4m | £2m |
| Operating profit | £296k | −£308k | £351k |
| Profit before tax | £421k | −£220k | £327k |
| Profit after tax | £415k | −£291k | £327k |
| Profit (best available) | £415k | −£291k | £327k |
| Employees (average) | 14 | 13 | 15 |
| Ratios | |||
| Profit margin | 4.2% | −2.9% | 2.6% |
| Gross margin | 18.4% | 13.6% | 15.9% |
| Revenue per employee | £708k | £779k | £844k |
| Profit per employee | £29.6k | −£22.4k | £21.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.3% | ▲24.9% |
| Profit growth | — | ▼170.1% | — |
| Headcount growth | — | ▼7.1% | ▲15.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 15.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £844k
- Revenue ÷ average employees.
- Profit per employee
- £21.8k
- 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.
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
- ▲15%
- Now 15
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Zoetis Inc (registered outside the UK register)ultimate parent75–100%
- Pharmaq Ltdthis 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).
Similar profitable businesses
- The George Group LimitedMalmesbury · Veterinary activities
- Revenue
- £12.8m
- Profit
- £2.3m
- Staff
- 125
- Galedin LimitedEdinburgh · Veterinary activities
- Revenue
- £10.7m
- Profit
- £1.1m
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- 148
- Quality Pet Care LtdRotherham · Veterinary activities
- Revenue
- £15.1m
- Profit
- £1.6m
- Staff
- 182
- Johnsons Veterinary Products LimitedSutton Coldfield · Veterinary activities
- Revenue
- £10.1m
- Profit
- £728k
- Staff
- 40
- Oakhill Veterinary Centre LimitedPreston · Veterinary activities
- Revenue
- £10m
- Profit
- £1.1m
- Staff
- 127
- Oakhill Management (Preston) LimitedPreston · Veterinary activities
- Revenue
- £10m
- Profit
- £1.6m
- Staff
- 127
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £327k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.