chiesi limited
chiesi limited Company Information
Company Number
02140985
Next Accounts
Sep 2025
Shareholders
chiesi healthcare ltd
Group Structure
View All
Industry
Wholesale of pharmaceutical goods
Registered Address
333 styal road, manchester, M22 5LG
Website
www.chiesi.uk.comchiesi limited Estimated Valuation
Pomanda estimates the enterprise value of CHIESI LIMITED at £313.3m based on a Turnover of £326.4m and 0.96x industry multiple (adjusted for size and gross margin).
chiesi limited Estimated Valuation
Pomanda estimates the enterprise value of CHIESI LIMITED at £191.8m based on an EBITDA of £19.8m and a 9.7x industry multiple (adjusted for size and gross margin).
chiesi limited Estimated Valuation
Pomanda estimates the enterprise value of CHIESI LIMITED at £51.4m based on Net Assets of £26.8m and 1.92x industry multiple (adjusted for liquidity).
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Chiesi Limited Overview
Chiesi Limited is a live company located in manchester, M22 5LG with a Companies House number of 02140985. It operates in the wholesale of pharmaceutical goods sector, SIC Code 46460. Founded in June 1987, it's largest shareholder is chiesi healthcare ltd with a 100% stake. Chiesi Limited is a mature, mega sized company, Pomanda has estimated its turnover at £326.4m with declining growth in recent years.
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Chiesi Limited Health Check
Pomanda's financial health check has awarded Chiesi Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £326.4m, make it larger than the average company (£24.5m)
£326.4m - Chiesi Limited
£24.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.3%)
-3% - Chiesi Limited
5.3% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (29.5%)
26.6% - Chiesi Limited
29.5% - Industry AVG
Profitability
an operating margin of 5.2% make it more profitable than the average company (4.1%)
5.2% - Chiesi Limited
4.1% - Industry AVG
Employees
with 351 employees, this is above the industry average (36)
351 - Chiesi Limited
36 - Industry AVG
Pay Structure
on an average salary of £86.2k, the company has an equivalent pay structure (£81.2k)
£86.2k - Chiesi Limited
£81.2k - Industry AVG
Efficiency
resulting in sales per employee of £929.8k, this is more efficient (£657.9k)
£929.8k - Chiesi Limited
£657.9k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (58 days)
94 days - Chiesi Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is close to average (29 days)
27 days - Chiesi Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is less than average (65 days)
30 days - Chiesi Limited
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Chiesi Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84%, this is a higher level of debt than the average (54.6%)
84% - Chiesi Limited
54.6% - Industry AVG
CHIESI LIMITED financials
Chiesi Limited's latest turnover from December 2023 is £326.4 million and the company has net assets of £26.8 million. According to their latest financial statements, Chiesi Limited has 351 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 326,369,000 | 367,995,000 | 370,508,000 | 358,171,000 | 296,347,000 | 261,973,000 | 222,206,000 | 174,486,000 | 136,153,000 | 120,869,000 | 110,303,000 | 102,862,000 | 92,001,000 | 81,710,000 | 64,523,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 239,443,000 | 283,658,000 | 289,045,000 | 274,892,000 | 220,671,000 | 192,726,000 | 166,458,000 | 130,441,000 | 101,895,000 | 89,221,000 | 81,389,000 | 75,481,000 | 67,055,000 | 54,291,000 | 40,308,000 |
| Gross Profit | 86,926,000 | 84,337,000 | 81,463,000 | 83,279,000 | 75,676,000 | 69,247,000 | 55,748,000 | 44,045,000 | 34,258,000 | 31,648,000 | 28,914,000 | 27,381,000 | 24,946,000 | 27,419,000 | 24,215,000 |
| Admin Expenses | 69,856,000 | 66,810,000 | 64,817,000 | 62,534,000 | 65,691,000 | 56,679,000 | 43,051,000 | 35,288,000 | 26,819,000 | 25,484,000 | 22,906,000 | 21,293,000 | 15,658,000 | 19,416,000 | 17,180,000 |
| Operating Profit | 17,070,000 | 17,527,000 | 16,646,000 | 20,745,000 | 9,985,000 | 12,568,000 | 12,697,000 | 8,757,000 | 7,439,000 | 6,164,000 | 6,008,000 | 6,088,000 | 9,288,000 | 8,003,000 | 7,035,000 |
| Interest Payable | 234,000 | 131,000 | 199,000 | 222,000 | 145,000 | 306,000 | 6,000 | 38,000 | |||||||
| Interest Receivable | 912,000 | 200,000 | 82,000 | 53,000 | 87,000 | 89,000 | 44,000 | 50,000 | 47,000 | 49,000 | 32,000 | 18,000 | 7,000 | 1,000 | |
| Pre-Tax Profit | 17,748,000 | 17,596,000 | 16,529,000 | 20,576,000 | 9,927,000 | 12,694,000 | 12,764,000 | 8,788,000 | 7,448,000 | 6,169,000 | 5,742,000 | 6,120,000 | 9,306,000 | 8,004,000 | 6,998,000 |
| Tax | -4,379,000 | -3,408,000 | -3,249,000 | -3,557,000 | -2,590,000 | -2,664,000 | -2,634,000 | -1,632,000 | -1,782,000 | -1,447,000 | -1,599,000 | -1,529,000 | -2,483,000 | -2,328,000 | -2,070,000 |
| Profit After Tax | 13,369,000 | 14,188,000 | 13,280,000 | 17,019,000 | 7,337,000 | 10,030,000 | 10,130,000 | 7,156,000 | 5,666,000 | 4,722,000 | 4,143,000 | 4,591,000 | 6,823,000 | 5,676,000 | 4,928,000 |
| Dividends Paid | 9,528,000 | 9,618,000 | 6,800,000 | 5,380,000 | 4,000,000 | 4,000,000 | 4,400,000 | 6,800,000 | 5,600,000 | 3,500,000 | 1,750,000 | ||||
| Retained Profit | 13,369,000 | 14,188,000 | 13,280,000 | 17,019,000 | -2,191,000 | 412,000 | 3,330,000 | 1,776,000 | 1,666,000 | 722,000 | -257,000 | -2,209,000 | 1,223,000 | 2,176,000 | 3,178,000 |
| Employee Costs | 30,257,000 | 28,168,000 | 26,070,000 | 24,355,000 | 22,574,000 | 20,610,000 | 17,808,000 | 14,997,000 | 13,761,000 | 12,476,000 | 11,354,000 | 10,762,000 | 9,575,000 | 8,749,000 | 7,419,000 |
| Number Of Employees | 351 | 337 | 323 | 319 | 296 | 285 | 250 | 216 | 206 | 188 | 188 | 184 | 174 | 162 | 143 |
| EBITDA* | 19,780,000 | 20,354,000 | 19,476,000 | 23,474,000 | 10,951,000 | 13,152,000 | 13,418,000 | 9,865,000 | 8,664,000 | 6,918,000 | 6,807,000 | 6,943,000 | 9,924,000 | 8,559,000 | 7,566,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,871,000 | 2,892,000 | 7,490,000 | 8,662,000 | 1,970,000 | 1,153,000 | 1,106,000 | 1,250,000 | 1,374,000 | 998,000 | 1,528,000 | 1,514,000 | 1,728,000 | 1,184,000 | 1,261,000 |
| Intangible Assets | 3,211,000 | 3,277,000 | 413,000 | 273,000 | 416,000 | 830,000 | 380,000 | 213,000 | 542,000 | 997,000 | |||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 58,000 | ||||||||||||||
| Total Fixed Assets | 5,082,000 | 6,169,000 | 7,903,000 | 8,935,000 | 2,386,000 | 1,983,000 | 1,486,000 | 1,463,000 | 1,916,000 | 2,053,000 | 1,528,000 | 1,514,000 | 1,728,000 | 1,184,000 | 1,261,000 |
| Stock & work in progress | 19,871,000 | 23,482,000 | 38,594,000 | 35,235,000 | 45,697,000 | 23,131,000 | 21,744,000 | 18,027,000 | 19,587,000 | 14,635,000 | 10,600,000 | 18,057,000 | 12,171,000 | 8,765,000 | 8,566,000 |
| Trade Debtors | 84,729,000 | 78,757,000 | 59,858,000 | 58,748,000 | 48,814,000 | 44,333,000 | 36,193,000 | 30,317,000 | 23,007,000 | 20,226,000 | 23,703,000 | 20,608,000 | 18,887,000 | 17,130,000 | 13,706,000 |
| Group Debtors | 52,769,000 | 43,100,000 | 49,551,000 | 12,222,000 | 1,753,000 | 16,441,000 | 7,196,000 | 2,250,000 | 690,000 | 1,716,000 | 2,357,000 | 4,515,000 | 1,889,000 | 1,334,000 | |
| Misc Debtors | 1,999,000 | 1,223,000 | 869,000 | 630,000 | 282,000 | 809,000 | 406,000 | 370,000 | 489,000 | 721,000 | 625,000 | 542,000 | 388,000 | 311,000 | |
| Cash | 2,524,000 | 1,780,000 | 1,976,000 | 1,656,000 | 2,181,000 | 33,343,000 | 150,000 | 10,341,000 | 18,098,000 | 10,896,000 | 13,959,000 | 9,322,000 | 5,434,000 | 6,703,000 | |
| misc current assets | |||||||||||||||
| total current assets | 161,892,000 | 148,342,000 | 150,848,000 | 108,491,000 | 98,727,000 | 105,391,000 | 75,337,000 | 55,946,000 | 55,555,000 | 54,138,000 | 47,636,000 | 55,606,000 | 45,437,000 | 33,606,000 | 30,620,000 |
| total assets | 166,974,000 | 154,511,000 | 158,751,000 | 117,426,000 | 101,113,000 | 107,374,000 | 76,823,000 | 57,409,000 | 57,471,000 | 56,191,000 | 49,164,000 | 57,120,000 | 47,165,000 | 34,790,000 | 31,881,000 |
| Bank overdraft | 26,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 18,147,000 | 14,568,000 | 10,301,000 | 8,081,000 | 6,904,000 | 6,026,000 | 3,009,000 | 2,228,000 | 3,385,000 | 1,398,000 | 5,073,000 | 1,400,000 | 2,614,000 | 829,000 | 1,811,000 |
| Group/Directors Accounts | 47,316,000 | 32,899,000 | 20,273,000 | 23,210,000 | 28,956,000 | 21,079,000 | 32,227,000 | 19,854,000 | 12,660,000 | 11,662,000 | |||||
| other short term finances | 56,945,000 | ||||||||||||||
| hp & lease commitments | 1,124,000 | 987,000 | 1,093,000 | 1,035,000 | |||||||||||
| other current liabilities | 118,771,000 | 109,617,000 | 118,904,000 | 79,682,000 | 29,400,000 | 20,895,000 | 18,192,000 | 15,962,000 | 12,030,000 | 10,006,000 | 10,241,000 | 9,278,000 | 7,122,000 | 5,449,000 | |
| total current liabilities | 138,042,000 | 125,172,000 | 130,298,000 | 88,798,000 | 83,620,000 | 86,942,000 | 56,803,000 | 40,719,000 | 42,557,000 | 42,384,000 | 36,158,000 | 43,868,000 | 31,746,000 | 20,611,000 | 18,922,000 |
| loans | 4,034,000 | 4,298,000 | 5,490,000 | 6,480,000 | 1,000,000 | ||||||||||
| hp & lease commitments | 2,017,000 | 2,149,000 | 2,745,000 | 3,240,000 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 559,000 | 480,000 | 469,000 | 381,000 | 410,000 | 353,000 | |||||||||
| provisions | 250,000 | 608,000 | 788,000 | 748,000 | 46,000 | 13,000 | |||||||||
| total long term liabilities | 2,142,000 | 2,453,000 | 3,139,000 | 3,614,000 | 559,000 | 480,000 | 469,000 | 427,000 | 410,000 | 1,366,000 | |||||
| total liabilities | 140,184,000 | 127,625,000 | 133,437,000 | 92,412,000 | 83,620,000 | 86,942,000 | 56,803,000 | 40,719,000 | 42,557,000 | 42,943,000 | 36,638,000 | 44,337,000 | 32,173,000 | 21,021,000 | 20,288,000 |
| net assets | 26,790,000 | 26,886,000 | 25,314,000 | 25,014,000 | 17,493,000 | 20,432,000 | 20,020,000 | 16,690,000 | 14,914,000 | 13,248,000 | 12,526,000 | 12,783,000 | 14,992,000 | 13,769,000 | 11,593,000 |
| total shareholders funds | 26,790,000 | 26,886,000 | 25,314,000 | 25,014,000 | 17,493,000 | 20,432,000 | 20,020,000 | 16,690,000 | 14,914,000 | 13,248,000 | 12,526,000 | 12,783,000 | 14,992,000 | 13,769,000 | 11,593,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 17,070,000 | 17,527,000 | 16,646,000 | 20,745,000 | 9,985,000 | 12,568,000 | 12,697,000 | 8,757,000 | 7,439,000 | 6,164,000 | 6,008,000 | 6,088,000 | 9,288,000 | 8,003,000 | 7,035,000 |
| Depreciation | 1,370,000 | 1,432,000 | 1,427,000 | 1,327,000 | 708,000 | 584,000 | 553,000 | 599,000 | 628,000 | 754,000 | 799,000 | 855,000 | 636,000 | 556,000 | 521,000 |
| Amortisation | 1,340,000 | 1,395,000 | 1,403,000 | 1,402,000 | 258,000 | 168,000 | 509,000 | 597,000 | 10,000 | ||||||
| Tax | -4,379,000 | -3,408,000 | -3,249,000 | -3,557,000 | -2,590,000 | -2,664,000 | -2,634,000 | -1,632,000 | -1,782,000 | -1,447,000 | -1,599,000 | -1,529,000 | -2,483,000 | -2,328,000 | -2,070,000 |
| Stock | -3,611,000 | -15,112,000 | 3,359,000 | -10,462,000 | 22,566,000 | 1,387,000 | 3,717,000 | -1,560,000 | 4,952,000 | 4,035,000 | -7,457,000 | 5,886,000 | 3,406,000 | 199,000 | 8,566,000 |
| Debtors | 16,417,000 | 12,802,000 | 38,678,000 | 20,751,000 | 6,516,000 | -9,110,000 | 15,524,000 | 12,292,000 | 4,164,000 | -4,677,000 | 2,550,000 | -354,000 | 4,537,000 | 4,056,000 | 15,351,000 |
| Creditors | 3,579,000 | 4,267,000 | 2,220,000 | 1,177,000 | 878,000 | 3,017,000 | 781,000 | -1,157,000 | 1,987,000 | -3,675,000 | 3,673,000 | -1,214,000 | 1,785,000 | -982,000 | 1,811,000 |
| Accruals and Deferred Income | 9,154,000 | -9,287,000 | 39,222,000 | 50,282,000 | 29,400,000 | -20,895,000 | 2,703,000 | 2,230,000 | 3,932,000 | 2,024,000 | -235,000 | 963,000 | 2,156,000 | 1,673,000 | 5,449,000 |
| Deferred Taxes & Provisions | -358,000 | -180,000 | 40,000 | 748,000 | -46,000 | 46,000 | -13,000 | 13,000 | |||||||
| Cash flow from operations | 14,970,000 | 14,056,000 | 15,672,000 | 61,835,000 | 9,557,000 | -4,973,000 | -1,426,000 | 3,685,000 | 13,553,000 | -415,000 | 3,485,000 | 2,654,000 | -11,148,000 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | -744,000 | -655,000 | |||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -744,000 | -655,000 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -47,316,000 | 47,316,000 | -32,899,000 | 12,626,000 | -2,937,000 | -5,746,000 | 7,877,000 | -11,148,000 | 12,373,000 | 7,194,000 | 998,000 | 11,662,000 | |||
| Other Short Term Loans | -56,945,000 | 56,945,000 | |||||||||||||
| Long term loans | -264,000 | -1,192,000 | -990,000 | 6,480,000 | -1,000,000 | 1,000,000 | |||||||||
| Hire Purchase and Lease Commitments | 5,000 | -702,000 | -437,000 | 4,275,000 | |||||||||||
| other long term liabilities | -559,000 | 79,000 | 11,000 | 88,000 | -29,000 | 57,000 | 353,000 | ||||||||
| share issue | |||||||||||||||
| interest | 678,000 | 69,000 | -117,000 | -169,000 | -58,000 | 89,000 | 44,000 | 50,000 | 47,000 | -257,000 | 32,000 | 18,000 | 1,000 | -37,000 | |
| cash flow from financing | -13,046,000 | -14,441,000 | -14,524,000 | -46,228,000 | -10,435,000 | 12,715,000 | -2,893,000 | -6,255,000 | 8,003,000 | -11,394,000 | 12,493,000 | 7,183,000 | 56,000 | 21,393,000 | |
| cash and cash equivalents | |||||||||||||||
| cash | 744,000 | -196,000 | 320,000 | -525,000 | -31,162,000 | 33,193,000 | 150,000 | -10,341,000 | -7,757,000 | 7,202,000 | -3,063,000 | 4,637,000 | 3,888,000 | -1,269,000 | 6,703,000 |
| overdraft | -26,000 | 26,000 | |||||||||||||
| change in cash | 744,000 | -196,000 | 320,000 | -525,000 | -31,162,000 | 33,193,000 | 176,000 | -10,367,000 | -7,757,000 | 7,202,000 | -3,063,000 | 4,637,000 | 3,888,000 | -1,269,000 | 6,703,000 |
chiesi limited Credit Report and Business Information
Chiesi Limited Competitor Analysis
Perform a competitor analysis for chiesi limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in M22 area or any other competitors across 12 key performance metrics.
chiesi limited Ownership
CHIESI LIMITED group structure
Chiesi Limited has no subsidiary companies.
Ultimate parent company
VALLINE SRL
#0115063
2 parents
CHIESI LIMITED
02140985
chiesi limited directors
Chiesi Limited currently has 5 directors. The longest serving directors include Mr Michael Dixon (Mar 2009) and Mr Andrew Dickinson (Mar 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Dixon | England | 59 years | Mar 2009 | - | Director |
| Mr Andrew Dickinson | 54 years | Mar 2009 | - | Director | |
| Mr Alessandro Carloni | 49 years | Oct 2022 | - | Director | |
| Mr Ralph Blom | England | 50 years | Jan 2024 | - | Director |
| Mr Michael Gordon | United Kingdom | 54 years | Mar 2024 | - | Director |
P&L
December 2023turnover
326.4m
-11%
operating profit
17.1m
-3%
gross margin
26.7%
+16.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
26.8m
0%
total assets
167m
+0.08%
cash
2.5m
+0.42%
net assets
Total assets minus all liabilities
chiesi limited company details
company number
02140985
Type
Private limited with Share Capital
industry
46460 - Wholesale of pharmaceutical goods
incorporation date
June 1987
age
38
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
trinity-chiesi pharmaceuticals limited (November 2008)
trinity pharmaceuticals limited (October 2004)
See moreaccountant
-
auditor
DELOITTE IRELAND LLP
address
333 styal road, manchester, M22 5LG
Bank
-
Legal Advisor
-
chiesi limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to chiesi limited. Currently there are 1 open charges and 2 have been satisfied in the past.
chiesi limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for CHIESI LIMITED. This can take several minutes, an email will notify you when this has completed.
chiesi limited Companies House Filings - See Documents
| date | description | view/download |
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