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Company No. 02024398 · Incorporated 2 Jun 1986

Pharmaq Ltd

Registered name: PHARMAQ LTD

Part of Zoetis Inc group

Pharmaq 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.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 75000Veterinary activities
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£12.7m
Growth ▲24.9%
Profit
£327k
Growth —
Profit margin
2.6%
Gross 15.9%
Employees
15
Change ▲15.4%
Profit / employee
£21.8k
Revenue/employee £844k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull 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)141315
Ratios
Profit margin4.2%−2.9%2.6%
Gross margin18.4%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———
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2025Accounts · bulk data Jun 2026
Derived from the latest filing

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.
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
▲15%
Now 15
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Zoetis Inc (registered outside the UK register)ultimate parent75–100%
  2. 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).

Same industry, similar size

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Industry benchmarks →

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.