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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-18 (in 5mo)

Last made up 2025-10-04

Watchouts

None on the register

Cash

£251M

-60% vs 2023

Net assets

£214M

-77.7% vs 2023

Employees

2,186

-1.9% vs 2023

Profit before tax

£274M

+5.3% vs 2023

Name history

Renamed 5 times since incorporation

  1. PPD GLOBAL LTD 1999-05-20 → present
  2. PHARMACO INTERNATIONAL LTD 1996-04-16 → 1999-05-20
  3. PHARMACO UK LIMITED 1992-07-14 → 1996-04-16
  4. CLINICAL SCIENCE RESEARCH INTERNATIONAL LIMITED 1991-09-18 → 1992-07-14
  5. CLINICAL SCIENCE RESEARCH LIMITED 1990-04-04 → 1991-09-18
  6. CAMBRIDGE APPLIED NUTRITION TOXICOLOGY AND BIOSCIENCES LIMITED 1981-05-29 → 1990-04-04

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £1,785,197,924£1,890,321,720
Operating profit £218,975,537£222,037,064
Profit before tax £260,108,228£273,951,075
Net profit £181,318,755£256,307,635
Cash £626,415,864£250,655,300
Total assets less current liabilities £961,629,355£216,744,255
Net assets £959,539,659£214,445,515
Equity £959,539,659£214,445,515
Average employees 2,2282,186
Wages £128,272,795£133,318,755

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 12.3%11.7%
Net margin 10.2%13.6%
Return on capital employed 22.8%102.4%
Gearing (liabilities / total assets) 54.1%82.4%
Current ratio 1.84x1.20x
Interest cover 243.33x3442.86x

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
Standalone (parent only)
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors are of the opinion that based on the measures we have taken and the strong financial position of the company, which includes a year-end cash balance of $338 million (2023: $845 million), that there will be no adverse impact on the going concern status of the company.”

Group structure

  1. PPD GLOBAL LTD · parent
    1. PPD Slovak Republic s.r.o 0.15% · Slovak Republic
    2. PPD Pharmaceutical Development India Private Limited 0.0001% · India

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

People

4 active · 27 resigned

Name Role Appointed Born Nationality
OAKWOOD CORPORATE SECRETARY LIMITED Corporate Secretary 2022-11-30
ETTEFAGH, Michael Amir Director 2025-05-01 Nov 1972 American
LI-YAN-HUI, Xiao Rong Director 2025-05-01 May 1971 British
STARR, Alison Jane Director 2023-12-15 Jan 1977 British
Show 27 resigned officers
Name Role Appointed Resigned
BULL, Helen Ruth Secretary 1996-12-13 2008-08-08
GREGG, Rhona Secretary 2022-11-30 2026-03-31
JAMES, Julia Mary Secretary 2021-02-01 2024-03-31
NEILD, Christopher David Secretary 2008-08-08 2020-03-19
SERJEANT, Neil Charles Secretary 1996-06-28
SHANNON, Colin Secretary 1996-06-28 1996-12-13
AMOS, Harry Edmund Director 1992-02-28
BRYER, John David Director 1996-03-20 1997-01-06
BULL, Helen Ruth Director 2007-03-27 2008-08-08
CHAPUT, Mary Avery Director 1995-11-17 1996-03-20
DAVENPORT, Fred Blount Director 1997-01-06 2006-11-09
GEROCK III, Henry Walter Director 2024-03-31 2025-05-01
GOODSON, Peter Jack Mitford, Doctor Director 1994-08-01 1996-12-13
HARRIS, Richard Stuart Director 2020-03-19 2024-03-31
HARTMAN, Brainard Judd Director 2006-11-09 2014-08-27
JAMES, Julia Mary Director 2014-08-27 2024-03-31
LEE, Amber Kathleen Director 2022-02-01 2023-12-15
LOGAN, Kelvin Barry, Doctor Director 1992-02-28 1994-08-01
NEILD, Christopher David Director 2007-11-21 2020-03-19
NEILSON, William Robert, Dr Director 1997-11-24 1998-11-13
NEWBERY, Roger Stephen Director 2011-06-08 2022-02-01
PACIOS MERINO, Sebastian Director 2008-07-25 2011-06-08
SHANNON, Colin Director 1996-12-13 2007-03-27
SHANNON, Colin Director 1995-11-17 1996-03-20
SHAW, William Lawson, Dr Director 1996-06-28 1997-11-24
SUMMERFIELD, Peter John Frederick Director 2011-06-08 2017-06-28
WAECHTER, Stephen Lawrence Director 1995-11-17 1997-01-06

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ppd Uk Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 216 total filings

Date Type Category Description
2026-04-01 TM02 officers Termination secretary company with name termination date PDF
2025-10-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-11 AA accounts Accounts with accounts type full
2025-05-23 AP01 officers Appoint person director company with name date PDF
2025-05-22 AP01 officers Appoint person director company with name date PDF
2025-05-06 TM01 officers Termination director company with name termination date PDF
2024-10-10 AA accounts Accounts with accounts type full
2024-10-08 CS01 confirmation-statement Confirmation statement with updates PDF
2024-08-22 RP04AP01 officers Second filing of director appointment with name PDF
2024-07-26 RP04AP01 officers Second filing of director appointment with name PDF
2024-04-17 TM01 officers Termination director company with name termination date PDF
2024-04-02 AP01 officers Appoint person director company with name date
2024-04-02 TM01 officers Termination director company with name termination date PDF
2024-04-02 TM02 officers Termination secretary company with name termination date PDF
2023-12-19 AP01 officers Appoint person director company with name date PDF
2023-12-18 TM01 officers Termination director company with name termination date PDF
2023-10-04 CS01 confirmation-statement Confirmation statement with updates PDF
2023-08-14 AA accounts Accounts with accounts type full
2022-12-12 AA accounts Accounts with accounts type group
2022-11-30 AP04 officers Appoint corporate secretary company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

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