Simple Online Healthcare Limited
Registered name: SIMPLE ONLINE HEALTHCARE LIMITED
Part of Simple Online Holdings Ltd groupSimple Online Healthcare Limited made £61.2m revenue and £136k profit in the year to 28 Feb 2025.
Simple Online Healthcare Limited’s revenue grew 269% to £61.2m in the year to 28 Feb 2025, with £136k profit and 99 employees. The company is classified under “dispensing chemist in specialised stores” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 11 yrs · since 2015
- 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.5m | £20.9m | £16.6m | £61.2m |
| Cost of sales | £9.6m | £14.7m | £9.7m | £39.1m |
| Gross profit | £4.9m | £6.2m | £6.9m | £22.1m |
| Operating profit | — | −£1.3m | £832k | −£522k |
| Profit before tax | −£156k | −£1.3m | £2.1m | −£573k |
| Profit after tax | −£157k | −£1.1m | £2.5m | £136k |
| Profit (best available) | −£157k | −£1.1m | £2.5m | £136k |
| Staff costs | £1.5m | £2.8m | £3.3m | £4.3m |
| Employees (average) | 69 | 88 | 95 | 99 |
| Ratios | ||||
| Profit margin | −1.1% | −5.5% | 15% | 0.2% |
| Gross margin | 33.9% | 29.9% | 41.8% | 36.1% |
| Revenue per employee | £211k | £237k | £175k | £618k |
| Profit per employee | −£2.3k | −£13k | £26.2k | £1.4k |
| Cash conversion | — | — | −356.3% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲43.8% | ▼20.6% | ▲268.9% |
| Profit growth | — | — | — | ▼94.5% |
| Headcount growth | — | ▲27.5% | ▲8% | ▲4.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £763k | £686k | £1.6m | £8.2m |
| Net assets | £740k | −£405k | £180k | £315k |
| Fixed assets | £499k | £465k | £905k | £1.5m |
| Current assets | £2.3m | £1.9m | £3.2m | £15.8m |
| Debtors | £378k | £298k | £228k | £1.4m |
| Deferred income | £70.9k | £14k | £37.8k | £166k |
| Cash from operations | −£1.6m | £185k | −£3m | −£7m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 36.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £618k
- Revenue ÷ average employees.
- Profit per employee
- £1.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.4%
- 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
- ▲76%
- Now £315k
- Cash at bank
- ▲398%
- Now £8.2m
- Headcount
- ▲4%
- Now 99
- Deferred income
- ▲340%
- Now £166k
- Fixed assets
- ▲63%
- Now £1.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Simple Online Holdings Ltdultimate parent75–100%
- Simple Online Healthcare Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- 2UP Healthcare LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £136k), from the Companies House accounts bulk data published Nov 2025. 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.