GLAXOSMITHKLINE CARIBBEAN LIMITED

1. GLAXOSMITHKLINE CARIBBEAN LIMITED 2002-01-29 → present
2. SMITHKLINE BEECHAM CARIBBEAN LIMITED 1995-12-18 → 2002-01-29
3. STERLING DRUG INTERNATIONAL LIMITED 1953-07-28 → 1995-12-18

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having assessed the principal risks of the Company and other matters, the Directors are of the opinion that the current level of activity remains sustainable. The Directors in their considerations have included the potential risks to customer demand and operational risks to distribution channels. The Directors have considered the Company's ability to continue as a going concern for a minimum of twelve months from the date of signing of these financial statements. The Directors have taken into account that as part of the Group, the Company has the support from the Group through the access to the Group cash pooling mechanism and can take actions to ensure business continuity through operational channels, as well as the ability to manage variable costs. On the basis of those considerations, the Directors believe that it remains appropriate to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. GLAXOSMITHKLINE CARIBBEAN LIMITED · parent
   1. GlaxoSmithKline Caribbean Limited - Jamaica 1% · Jamaica · sale of pharmaceutical products
   2. GlaxoSmithKline Caribbean Limited - Trinidad and Tobago 1% · Trinidad and Tobago · sale of pharmaceutical products

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +9.1%

  £16,516,000 → £18,016,000

• Cash

  -9.5%

  £2,612,000 → £2,363,000

• Net assets

  +2.4%

  £37,593,000 → £38,507,000

• Employees

  -25%

  28 → 21

• Operating profit

  -15.2%

  -£683,000 → -£787,000

• Profit before tax

  +11.1%

  £655,000 → £728,000

• Wages

  +29.1%

  £1,899,000 → £2,451,000

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