GLAXOSMITHKLINE CAPITAL PLC
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-27 (in 3mo)
Last made up 2025-08-13
Watchouts
None on the register
Cash
£1K
0% vs 2023
Net assets
£150M
+11.2% vs 2023
Employees
0
Average over period
Profit before tax
£18M
+3.6% vs 2023
Name history
Renamed 3 times since incorporation
- GLAXOSMITHKLINE CAPITAL PLC 2001-10-01 → present
- SMITHKLINE BEECHAM CAPITAL P.L.C. 1989-09-21 → 2001-10-01
- BEECHAM CAPITAL P.L.C. 1988-09-02 → 1989-09-21
- FLOWPRICE PUBLIC LIMITED COMPANY 1988-05-16 → 1988-09-02
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £17,532,000 | £18,171,000 | |
| Profit before tax | £17,532,000 | £18,171,000 | |
| Net profit | £13,412,000 | £13,628,000 | |
| Cash | £1,000 | £1,000 | |
| Total assets less current liabilities | £8,182,497,000 | £7,432,275,000 | |
| Net assets | £134,865,000 | £149,971,000 | |
| Equity | £134,865,000 | £149,971,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 |
|---|---|---|---|
| Return on capital employed | 0.2% | 0.2% | |
| Gearing (liabilities / total assets) | 98.6% | 98.2% | |
| Current ratio | 1.03x | 1.04x | |
| Interest cover | 0.06x | 0.07x |
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 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 accessibility of additional capital and the potential risk to liquidity. 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.”
Significant events
- “On 6 March 2025, the Company issued 400 million USD and 600 million USD US Medium Term Notes, maturing in 2027, paying 4.375% fixed and SOFR + 0.5% interest respectively. The proceeds were onlent to other Group undertakings.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WHYTE, Victoria Anne | Secretary | 2002-01-18 | — | British |
| BROWN, Julie Belita | Director | 2023-05-01 | Mar 1962 | British |
| WOODTHORPE, Timothy John | Director | 2026-03-02 | Jan 1979 | British |
| EDINBURGH PHARMACEUTICAL INDUSTRIES LIMITED | Corporate Director | 2001-02-28 | — | — |
| GLAXO GROUP LIMITED | Corporate Director | 2001-02-28 | — | — |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BALFOUR, Ian Main Ferguson | Secretary | — | 1994-01-01 |
| BICKNELL, Simon | Secretary | 2013-07-30 | 2014-03-10 |
| BRYANT, Karina Jane | Secretary | 1999-12-20 | 2002-01-18 |
| COOMBER, Caroline Daphne | Secretary | 1998-09-04 | 1999-12-20 |
| DILLON, Alison Marie | Secretary | 1994-02-16 | 1998-09-04 |
| HORLER, Alison Marie | Secretary | 1994-01-01 | 1994-01-01 |
| MCCLINTOCK, Clare Alexandra | Secretary | 1994-01-01 | 1996-05-08 |
| WILBRAHAM, Simon Nicholas | Secretary | 1998-09-04 | 2001-02-28 |
| BLACKBURN, Paul Frederick | Director | 1999-01-01 | 2001-03-01 |
| BONFIELD, Andrew Robert John | Director | 1994-04-11 | 2000-12-27 |
| COLLUM, Hugh Robert | Director | — | 1998-12-31 |
| CROMPTON, Stephen Thomas | Director | — | 2001-03-01 |
| DEE, Nicholas Charles | Director | — | 2001-03-01 |
| DINGEMANS, Simon Paul | Director | 2011-04-01 | 2019-05-01 |
| HESLOP, Julian Spenser | Director | 2009-09-09 | 2011-03-31 |
| HOUSE, Philip Glyn | Director | — | 1994-04-11 |
| MACKAY, Iain James | Director | 2019-05-01 | 2023-05-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 186 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-15 CC04 Statement of companys objects
- 2026-01-28 MA Memorandum articles
- 2026-01-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-15 | CC04 | change-of-constitution | Statement of companys objects | |
| 2026-01-28 | MA | incorporation | Memorandum articles | |
| 2026-01-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-23 | AA | accounts | Accounts with accounts type full | |
| 2024-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AD04 | address | Move registers to registered office company with new address | |
| 2024-09-23 | AD03 | address | Move registers to sail company with new address | |
| 2024-09-23 | CH01 | officers | Change person director company with change date | |
| 2024-09-23 | CH03 | officers | Change person secretary company with change date | |
| 2024-09-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-18 | AD02 | address | Change sail address company with new address | |
| 2024-05-21 | AA | accounts | Accounts with accounts type full | |
| 2023-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-16 | CH02 | officers | Change corporate director company with change date | |
| 2023-05-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-05 | AA | accounts | Accounts with accounts type full | |
| 2022-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
0%
£1,000 £1,000
-
Net assets
+11.2%
£134,865,000 £149,971,000
-
Employees
—
Not reported
-
Operating profit
+3.6%
£17,532,000 £18,171,000
-
Profit before tax
+3.6%
£17,532,000 £18,171,000
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