ACCORD-UK LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-13 (in 11mo)
Last made up 2026-03-30
Watchouts
None on the register
Cash
£670K
-0.1% vs 2024
Net assets
£157M
-3.4% vs 2024
Employees
699
-2.6% vs 2024
Profit before tax
£39M
+18.7% vs 2024
Name history
Renamed 3 times since incorporation
- ACCORD-UK LTD 2018-03-05 → present
- ACTAVIS UK LIMITED 2006-05-18 → 2018-03-05
- ALPHARMA LIMITED 2001-03-01 → 2006-05-18
- ARTHUR H COX & CO.LIMITED 1903-12-30 → 2001-03-01
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £263,372,000 | £251,041,000 | |
| Operating profit | £34,966,000 | £36,643,000 | |
| Profit before tax | £33,286,000 | £39,496,000 | |
| Net profit | £21,354,000 | £29,506,000 | |
| Cash | £671,000 | £670,000 | |
| Total assets less current liabilities | £169,876,000 | £164,650,000 | |
| Net assets | £162,732,000 | £157,238,000 | |
| Equity | £162,732,000 | £157,238,000 | |
| Average employees | 718 | 699 | |
| Wages | £36,167,000 | £35,072,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 13.3% | 14.6% | |
| Net margin | 8.1% | 11.8% | |
| Return on capital employed | 20.6% | 22.3% | |
| Gearing (liabilities / total assets) | 52.7% | 53.2% | |
| Current ratio | 1.45x | 1.43x | |
| Interest cover | 10.85x | 10.67x |
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
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board has concluded that there is a reasonable expectation that the Company has adequate resources to remain in operational existence for the foreseeable future and specifically the going concern period under review to 31 August 2026. On this basis, the directors continue to adopt the going concern basis for the preparation of the financial statements.”
Group structure
- ACCORD-UK LTD · parent
- Accord Healthcare Ireland Ltd 100%
- Accord Mena DMCC 100%
Significant events
- “The company operates predominately in a highly competitive UK pharmaceutical market environment where new entrants and established competitors are continually putting pressure on market prices and the UK Government seeks to control the cost of medicines to the National Health Service.”
- “On the 15th of July 2021 the Competition and Markets Authority (CMA) issued an Infringement Decision regarding unfair pricing practices... The company continues to appeal many aspects... Our opinion is not modified in respect of this matter.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JAKES, Nadine | Secretary | 2008-10-10 | — | German |
| JAKES, Nadine | Director | 2008-10-10 | Mar 1975 | German |
| SPARROW, Jamie | Director | 2023-10-27 | Jan 1971 | British |
| WILSON, Jonathan Thomas | Director | 2009-07-16 | Nov 1972 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLUM, Michael Joel | Secretary | 1999-06-23 | 2005-12-18 |
| GRINSTEAD, Peter John | Secretary | 1991-06-01 | 2000-07-31 |
| MCGOVERN, Brian | Secretary | 2000-09-22 | 2003-02-27 |
| SCARTH, James Elliot | Secretary | 2006-11-24 | 2008-04-18 |
| WARREN, Mark William | Secretary | 2003-02-27 | 2006-11-24 |
| WOOD, Edward Roy | Secretary | — | 1991-05-31 |
| ANDERSEN, Svend | Director | 2004-09-16 | 2010-08-17 |
| BHAGIA, Pradeep Prabhudas | Director | 2021-09-30 | 2023-10-27 |
| BOGIE, William, Dr | Director | — | 1993-02-24 |
| BURT, James Charles | Director | 2017-01-09 | 2021-09-30 |
| CANN, Michael James | Director | 2009-07-16 | 2014-05-27 |
| CARLSSON, Carl Ake | Director | 1998-05-07 | 2005-12-19 |
| COLLIER, Andrew John | Director | 2002-01-01 | 2003-07-08 |
| FLEMING, Paul Anthony | Director | 2005-08-05 | 2007-02-28 |
| GREEN, David John | Director | — | 2001-12-31 |
| GRINSTEAD, Peter John | Director | — | 2000-07-31 |
| HOLLIES, Richard Simon | Director | 2009-07-16 | 2013-06-10 |
| HOWARD, Russell Peter | Director | 2002-01-01 | 2004-09-30 |
| LEATHAM, Michael John | Director | — | 2001-12-31 |
| LEE, Sandra | Director | 2013-11-12 | 2021-11-16 |
| LETHBRIDGE, Priscilla Anne | Director | 2017-09-29 | 2021-11-09 |
| MCDOWELL, William, Dr | Director | — | 1994-11-10 |
| MORROD, Ronald Jeffrey | Director | 2000-11-28 | 2003-07-08 |
| RAMNEBORN, Lars Peter | Director | 2010-08-17 | 2016-06-15 |
| READ, Peter Robert, Dr | Director | — | 1998-05-17 |
| SCARTH, James Elliot | Director | 2006-11-24 | 2008-04-18 |
| STOJILKOVIC, Goran | Director | 2009-07-16 | 2012-10-09 |
| VARSHNEY, Ajay | Director | 2022-12-16 | 2023-10-27 |
| VINCENT, Sara Jayne | Director | 2004-02-04 | 2017-06-30 |
| WARREN, Mark William | Director | 2003-02-27 | 2009-04-07 |
| WIIK, Ingrid Beichman | Director | 1998-05-07 | 2001-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Accord Healthcare Limited | Corporate entity | Shares 75–100% | 2017-01-09 | Active |
Filing timeline
Last 20 of 218 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | CH01 | officers | Change person director company with change date | |
| 2025-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-09 | AA | accounts | Accounts with accounts type full | |
| 2024-04-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-18 | AA | accounts | Accounts with accounts type full | |
| 2023-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-24 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-25 | AA | accounts | Accounts with accounts type full | |
| 2022-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-13 | AAMD | accounts | Accounts amended with accounts type full | |
| 2021-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-4.7%
£263,372,000 £251,041,000
-
Cash
-0.1%
£671,000 £670,000
-
Net assets
-3.4%
£162,732,000 £157,238,000
-
Employees
-2.6%
718 699
-
Operating profit
+4.8%
£34,966,000 £36,643,000
-
Profit before tax
+18.7%
£33,286,000 £39,496,000
-
Wages
-3%
£36,167,000 £35,072,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers