How much does Ligand UK Development Limited make?

Ligand UK Development Limited reported revenue of £8.7m and £6m profit in the year to 30 Dec 2025, according to its accounts filed at Companies House.

Is Ligand UK Development Limited profitable?

Yes — Ligand UK Development Limited reported a profit of £6m in the year to 30 Dec 2025.

Company No. 02600483 · Incorporated 11 Apr 1991

Ligand UK Development Limited

Registered name: LIGAND UK DEVELOPMENT LIMITED

Part of Ligand Holdings UK Ltd. group

Ligand UK Development Limited made £8.7m revenue and £6m profit in the year to 30 Dec 2025.

Ligand UK Development Limited’s revenue fell 44% to £8.7m in the year to 30 Dec 2025, with £6m profit. The company is classified under “research and experimental development on biotechnology” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 72110Research and experimental development on biotechnology

Status: Active
Location: London, London
Age: 35 yrs · since 1991
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 30 Dec 2025

Key figures

Revenue

£8.7m

Growth ▼44.5%

Profit

£6m

Growth ▼55.7%

Profit margin

68.9%

Gross 100%

Employees

—

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Dec 2024	30 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.6m	£8.7m
Gross profit	£15.6m	£8.7m
Profit before tax	£14.9m	£6.1m
Profit after tax	£13.5m	£6m
Profit (best available)	£13.5m	£6m
Employees (average)	—	—
Ratios
Profit margin	86.3%	68.9%
Gross margin	100%	100%
Growth (year on year)
Revenue growth	—	▼44.5%
Profit growth	—	▼55.7%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 68.9%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Ligand Holdings UK Ltd.ultimate parent75–100%
Ligand UK Development Limitedthis company

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

Sister companies (1)

Ligand UK LimitedFigures not disclosed

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 accounts for the year to 30 Dec 2025 (profit £6m), from the Companies House accounts bulk data published Aug 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.