PPD GLOBAL LTD
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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
- PPD GLOBAL LTD 1999-05-20 → present
- PHARMACO INTERNATIONAL LTD 1996-04-16 → 1999-05-20
- PHARMACO UK LIMITED 1992-07-14 → 1996-04-16
- CLINICAL SCIENCE RESEARCH INTERNATIONAL LIMITED 1991-09-18 → 1992-07-14
- CLINICAL SCIENCE RESEARCH LIMITED 1990-04-04 → 1991-09-18
- CAMBRIDGE APPLIED NUTRITION TOXICOLOGY AND BIOSCIENCES LIMITED 1981-05-29 → 1990-04-04
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 2,228 | 2,186 | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 1.84x | 1.20x | |
| Interest cover | 243.33x | 3442.86x |
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
- PPD GLOBAL LTD · parent
- PPD Slovak Republic s.r.o 0.15%
- PPD Pharmaceutical Development India Private Limited 0.0001%
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 | |
| 2025-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-05-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-22 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-07-26 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+5.9%
£1,785,197,924 £1,890,321,720
-
Cash
-60%
£626,415,864 £250,655,300
-
Net assets
-77.7%
£959,539,659 £214,445,515
-
Employees
-1.9%
2,228 2,186
-
Operating profit
+1.4%
£218,975,537 £222,037,064
-
Profit before tax
+5.3%
£260,108,228 £273,951,075
-
Wages
+3.9%
£128,272,795 £133,318,755
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