PAREXEL MMS EUROPE LIMITED

1. PAREXEL MMS EUROPE LIMITED 1998-06-05 → present
2. PPS EUROPE LIMITED 1993-03-01 → 1998-06-05
3. PROFESSIONAL POSTGRADUATE SERVICES (EUROPE) LIMITED 1991-04-23 → 1993-03-01
4. PROFESSIONAL POSTGRADUATE SERVICES LIMITED 1980-12-31 → 1991-04-23
5. VISTDALE LIMITED 1980-03-31 → 1980-12-31

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

RSM Ireland Business Advisory Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company has adequate assets to continue in operation for the foreseeable future. For this reason, the Company continues to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Failure to comply with government regulations could result in the termination of ongoing research, development of sales and marketing projects, or the disqualification of data for submission to regulatory authorities. We monitor and comply with the current regulations in order to mitigate non-compliance risks.”
• “The Company has transactional currency exposures which arise from sales and purchases in currencies other than its functional currency. Potential exposures to foreign currency exchange rate movements are monitored, reviewed monthly and appropriate actions are taken to manage net open foreign currency positions.”
• “The Company is dependent on research and development spending by pharmaceutical and biotechnology companies. The business of the Company may be adversely affected if there is a general decline in industry activity or if customers reduce their research spending for financial reasons or due to mergers.”
• “The success of the Company's business depends on its ability to attract and retain qualified professional, scientific and technical staff. The Company believes that its brand name recognition and its multinational presence, which allows for international transfers, are an advantage in attracting employees.”
• “There have been no significant events subsequent to the year-end which would require adjustment to, or disclosure in, the financial statements.”

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

  +1.4%

  £21,602,000 → £21,904,000

• Cash

  -99.4%

  £6,788,000 → £41,000

• Net assets

  -69.3%

  £7,946,000 → £2,441,000

• Employees

  +1.7%

  118 → 120

• Operating profit

  +153.9%

  £707,000 → £1,795,000

• Profit before tax

  +123.2%

  £907,000 → £2,024,000

• Wages

  +6.4%

  £7,063,000 → £7,513,000

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