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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-28 (in 7mo)

Last made up 2025-12-14

Watchouts

1 item

Cash

£26M

-13.5% vs 2023

Net assets

£643M

+3.7% vs 2023

Employees

478

+10.4% vs 2023

Profit before tax

£38M

-10.3% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 2 times since incorporation

  1. THE MEDICAL DEFENCE UNION LIMITED 1991-01-09 → present
  2. THE MEDICAL DEFENCE UNION 1989-02-07 → 1991-01-09
  3. MEDICAL DEFENCE UNION,LIMITED(THE) 1885-10-23 → 1989-02-07

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £127,160,000£129,801,000
Operating profit -£46,705,000-£14,979,000
Profit before tax £41,831,000£37,529,000
Net profit £22,972,000£23,204,000
Cash £29,599,000£25,609,000
Total assets less current liabilities £1,114,312,000£1,096,494,000
Net assets £619,759,000£642,657,000
Equity £619,759,000£642,657,000
Average employees 433478
Wages £31,526,000£34,952,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin -36.7%-11.5%
Net margin 18.1%17.9%
Return on capital employed -4.2%-1.4%
Gearing (liabilities / total assets) 48.7%45.4%
Current ratio 0.56x0.62x
Interest cover -2.67x-0.86x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group or Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. THE MEDICAL DEFENCE UNION LIMITED · parent
    1. MDU Services Limited 100% · England and Wales
    2. MDU Investments Limited 100% · England and Wales
    3. GP Update Limited 100% · England and Wales · provider of education services
    4. MDU Reinsurance Limited 100% · Guernsey · insurance company
    5. Dental Defence Union Limited 100% · England and Wales
    6. Doctors and Dentists Bank Limited 100% · England and Wales
    7. Healthcare Risk Management Limited 100% · England and Wales
    8. Just for Doctors Limited 100% · England and Wales
    9. MDU Healthcare Limited 100% · England and Wales
    10. MDU Risk Management Limited 100% · England and Wales
    11. Medical Liability Services Limited 100% · England and Wales
    12. The Doctors Bank Limited 100% · England and Wales
    13. The Dentists Bank Limited 100% · England and Wales

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

15 active · 67 resigned

Name Role Appointed Born Nationality
DA CUNHA, Ian Joseph Secretary 2026-02-24
CLARK, Peter Irving, Professor Director 2021-09-21 Jul 1956 British
FRYAR, Caroline Elizabeth, Dr Director 2024-04-01 May 1977 British
HANDA, Ashok Inderraj Director 2023-09-19 Feb 1963 British
HYKIN, Lynnette Ruth, Dr Director 2022-09-20 May 1968 British
LEE, Matthew Thomas Wilton, Dr Director 2009-09-15 Oct 1971 British
MILLER, Kevin Director 2021-09-16 Aug 1967 British
NORFOLK, Thomas John, Dr Director 2019-09-17 Feb 1970 British
RILEY, Jeremy Hardwicke Director 2018-09-18 Nov 1960 British
SANDHU, Harjinder Singh, Dr Director 2023-09-19 Jan 1965 British
WATKIN, Simon Wilfred, Dr Director 2015-09-15 Feb 1960 British
WEDDERBURN, Stella Elizabeth Director 2017-09-19 Sep 1957 British
WELLS, Edward Christian John Director 2020-07-28 Jul 1955 British
WINLOW, Mark Director 2025-12-31 Apr 1962 British
WRIGHT, Anthony Richard Director 2018-05-01 Nov 1971 English
Show 67 resigned officers
Name Role Appointed Resigned
BOWMAN, Nicholas John Secretary 1993-07-20 2026-02-24
WALL, John Anthony, Doctor Secretary 1993-07-20
ADDISON, Kenneth George Director 1994-12-31
AGHADIUNO, Chika Director 2017-11-28 2025-09-16
ALLSOPP, Kathleen Mary, Dr Director 1992-12-31
ARCHIBALD, Andrew Robert Director 2021-08-23 2024-07-23
ARMSTRONG, Peter, Professor Director 2003-09-16 2009-09-15
ARNOLD, Michael Director 2004-09-21 2006-03-17
BALL, Peter Charles, Dr Director 1993-07-20 1998-06-16
BERRY, Hedley Edward Director 2007-09-18
BUTTIGIEG, Judith Director 2020-07-28 2021-02-05
CAINES, John, Sir Director 1998-08-25 2004-09-21
CARTWRIGHT, Keith Anthony Vincent, Professor Director 2006-09-19 2016-09-20
CHAMBERS, Andrew David, Professor Director 2004-09-22 2006-07-25
CLARKE, Harold Edward Director 2007-02-27 2018-09-18
COLLINGE, Suzanne Marie Director 1993-10-26
COOKE, Edith Mary, Dr Director 1995-02-28 2003-09-16
CORLEY, Roger David Director 1996-06-18 2004-09-21
CRAFT, Alan William, Sir Director 2009-09-15 2015-09-15
DE BLOCQ VAN KUFFELER, John Philip Director 2001-05-22 2004-09-21
DINNING, William Robert John Director 2014-09-16 2020-09-15
DUNGAY, Nicholas Andrew Director 2009-09-15 2021-04-06
EARL, Christopher Joseph, Dr Director 1996-06-18
EDGINTON, Clive Leonard Ashcroft Director 2012-04-24 2018-09-18
EVANS, Christopher Charles, Dr Director 2012-09-18
FLOOD, Deirdre Director 2018-01-02 2018-02-26
FRY, Ian Kelsey, Dr Director 1997-06-24
GALLIVAN, Maurice Michael Director 1993-07-20 2018-05-31
GARFIELD, John Samuel Director 1995-06-20
GIFFORD, Michael John Director 1997-06-24 2001-01-11
GLENARTHUR, Simon Mark, Lord Director 2002-02-26 2006-07-26
GOLDSMITH, Paul, Dr Director 2017-07-25 2023-09-19
HERON, Christine Woodruff, Dr Director 2012-09-18 2017-12-31
HILES, Ronald William Director 1999-01-26 2003-09-16
HOOPER, Gloria Dorothy, Baroness Director 1993-04-01 2001-09-18
HORLER, Alan Rigby, Dr Director 1994-09-01
HUBBARD, Richard David Cairns Director 1998-08-25 2000-12-31
HUTCHINSON, Ian David Director 2013-02-11 2022-02-22
KENNEDY, John Greer, Dr Director 1998-06-16 2004-09-21
LA FRENAIS, Walter Simon Lodge, Dr Director 1993-11-01 2000-09-14
MARKHAM, David Eric Director 2006-09-19
MARSDEN, Charles David, Professor Director 1997-08-26 1998-09-29
MAXWELL, Robert James, Dr Director 1998-06-16
MCAUSLAND, Graeme Stewart Director 2021-07-27 2026-04-09
MOUNTFIELD, Robin, Sir Director 2004-09-21 2006-07-25
NEBEL, Andrew Howard Martin Director 1996-06-18 1996-09-30
PEARSON, Richard John Crewdson Director 2006-11-01 2013-09-17
POSWILLO, David Ernest, Professor Director 1997-06-24
RENDLE, Michael Russel Director 1998-08-25 2001-09-18
RICHARDSON, Kerry Francis Director 2007-05-01 2014-09-16
RICHMOND, Maureen Shannon, Dr Director 2005-11-22 2013-09-17
RIORDAN EVA, Paul Director 2006-09-19 2022-09-20
ROBINSON, Paul Derek Director 2004-09-21 2015-09-15
SAUNDERS, Michael Thomas, Doctor Director 2009-04-30
SHAUNAK, Sunil, Professor Director 2017-09-19 2023-09-19
SHERLOCK, Edward Barry Orton Director 1994-09-25 1996-07-31
SMITH, Joseph Colin Director 2001-09-18
SMITH, Roland, Professor Sir Director 1992-11-24 1998-06-30
SPARROW, Owen Charles Ellis Director 2015-04-28 2021-09-21
STEWART, Hugh Harkness Archibald, Dr Director 2022-01-26 2024-03-31
TOMKINS, Christine Margaret, Dr Director 1995-06-20 2021-09-21
TOWNEND, John Law Director 1993-07-20
WALL, John Anthony, Doctor Director 1995-06-21
WALL, John Anthony, Doctor Director 1993-07-20
WALLEY, Thomas Joseph, Professor Director 2003-09-16 2005-07-22
WEBSTER, Peter David Director 2011-09-20 2017-09-19
WILLIAMS, Peter Randall, Dr Director 1997-08-26 2017-09-19

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 339 total filings

Date Type Category Description
2026-04-20 TM01 officers Termination director company with name termination date PDF
2026-03-03 TM02 officers Termination secretary company with name termination date PDF
2026-03-03 AP03 officers Appoint person secretary company with name date PDF
2026-01-05 AP01 officers Appoint person director company with name date PDF
2025-12-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-09 CH01 officers Change person director company with change date PDF
2025-09-17 TM01 officers Termination director company with name termination date PDF
2025-08-07 CH01 officers Change person director company with change date PDF
2025-08-05 AA accounts Accounts with accounts type group
2024-12-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-15 CH01 officers Change person director company with change date PDF
2024-10-23 AA accounts Accounts with accounts type group
2024-07-25 TM01 officers Termination director company with name termination date PDF
2024-04-03 AP01 officers Appoint person director company with name date PDF
2024-04-02 TM01 officers Termination director company with name termination date PDF
2024-03-12 CH01 officers Change person director company with change date PDF
2024-03-12 CH01 officers Change person director company with change date PDF
2024-03-12 CH01 officers Change person director company with change date PDF
2024-03-12 CH01 officers Change person director company with change date PDF
2024-03-12 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page