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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-25 (in 10mo)

Last made up 2026-03-11

Watchouts

1 item

Cash

£527M

+51.7% vs 2023

Net assets

£3B

+15.2% vs 2023

Employees

712

+10.7% vs 2023

Profit before tax

£1B

+35.4% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. VERTEX PHARMACEUTICALS (EUROPE) LIMITED 1994-08-12 → present
  2. INTERCEDE 1083 LIMITED 1994-03-11 → 1994-08-12

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £7,183,423,277£9,384,722,016
Operating profit £732,346,182£1,057,746,479
Profit before tax £768,673,091£1,040,516,679
Net profit £531,073,388£794,970,348
Cash £347,455,152£527,204,596
Total assets less current liabilities £2,764,553,002£3,183,872,498
Net assets £2,764,553,002£3,183,872,498
Equity £2,764,553,002£3,183,872,498
Average employees 643712
Wages £67,227,576£81,829,503

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 10.2%11.3%
Net margin 7.4%8.5%
Return on capital employed 26.5%33.2%
Gearing (liabilities / total assets) 31.0%32.3%
Current ratio 2.04x2.29x
Interest cover 26.84x21.21x

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
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“For the year ended 31 December 2024, the Company had net assets of $4,295 million (2023: $3,729 million) and generated a profit after tax of $1,072 million (2023: $716 million). Vertex Pharmaceuticals Inc., has confirmed in writing that it will support the Company to continue trading and enable it to meet its liabilities as they fall due for at least 12 months from the approval of these financial statements. The directors have considered the financial and operating ability of the Group headed by Vertex Pharmaceuticals Inc. and are confident that the Group has sufficient liquidity to provide on-going financial support. The directors continue to monitor macroeconomic events and have determined that the Company is well prepared from a business continuity perspective. Accordingly, the directors continue to adopt a going concern basis in preparing the financial statements.”

Group structure

  1. VERTEX PHARMACEUTICALS (EUROPE) LIMITED · parent
    1. Vertex Pharmaceuticals (Ireland) Limited 100% · Republic of Ireland · Distributor of small molecular medicine
    2. Vertex Pharmaceuticals (Sweden) AB 100% · Sweden · Sales and marketing of medical products
    3. Vertex Pharmaceuticals (CH) GmbH 100% · Switzerland · Distributor of small molecular medicine
    4. Vertex Pharmaceuticals (Portugal) Unipessoal Lda 100% · Portugal · Distributor of small molecular medicine
    5. Vertex Pharmaceuticals GmbH 100% · Austria · Distributor of small molecular medicine
    6. Vertex Pharmaceuticals (U.K.) Limited 100% · UK · Non trading
    7. Vertex Pharmaceuticals Single Member Societe Anonyme 100% · Greece · Distributor of small molecular medicine
    8. Vertex Pharmaceuticals (Poland) sp. z o.o 100% · Poland · Sales and marketing of medical products
    9. Vertex Pharmaceuticals (Czech Republic) s.r.o 100% · Czech Republic · Sales and marketing of medical products
    10. Vertex Pharmaceuticals (Belgium) B.V. 100% · Belgium · Distributor of small molecular medicine
    11. Vertex Farmacêutica do Brasil Ltda 100% · Brazil · Sales and marketing of medical products
    12. Vertex Pharmaceuticals Limited d.o.o Beograd 100% · Serbia · Sales and marketing of medical products
    13. Company for Services and Trade Vertex Pharmaceuticals Dooel Skopje 100% · North Macedonia · Sales and marketing of medical products
    14. Vertex Pharmaceuticals (Chile) SpA 100% · Chile · Sales and marketing of medical products

Significant events

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

People

5 active · 19 resigned

Name Role Appointed Born Nationality
BROOKS, Jason Mark Director 2025-08-08 Jul 1972 British,Australian
LEM, Simon Kempin Director 2015-10-05 Feb 1973 British
OPPENHEIM, Jonathan Richard Director 2022-02-08 Jul 1970 American
THOMBRE, Prasanna Eknath Director 2025-08-08 Jun 1968 British,American
WHITE, Omar Narayan Director 2025-08-08 Jan 1973 American
Show 19 resigned officers
Name Role Appointed Resigned
MITRE SECRETARIES LIMITED Corporate Nominee Secretary 1994-03-11 2024-05-31
ALDRICH, Richard Holmes Director 1994-08-10 2000-12-22
ALLAN, Eva Lotta Director 2004-07-30 2006-05-31
BEDSON, Simon Director 2015-10-05 2018-10-15
BELLANDI, Michele Director 2018-10-15 2019-04-19
BRIMBLECOMBE, Roger William, Dr Director 2005-07-12 2010-07-23
BUCHANAN, Iain Peter Murray Director 1994-08-10 2004-07-29
EMMENS, Matthew William Director 2011-08-02 2012-05-22
GOLEC, Julian Marian Charles, Dr Director 2002-02-01 2011-08-02
GRIST, Ashley Alexander Director 2019-04-19 2025-07-01
HERCEND, Thiery, Dr Director 1998-09-21 2002-01-15
HOLMLUND, Klas Alexander Director 2019-04-19 2021-12-03
LEIDEN, Jeffrey Marc Director 2012-05-22 2015-10-05
MUELLER, Peter, Dr Director 2005-03-01 2011-08-02
REEVES, Barbara Nominee Director 1994-03-11 1994-08-10
SATO, Vicki, Dr Director 1998-09-21 2005-03-01
SMITH, Ian Frederick Director 2011-08-02 2019-01-23
SMITH, Ian Frederick Director 2002-02-01 2009-01-01
WINDMILL, Robert John Nominee Director 1994-03-11 1994-08-10

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Vertex Pharmaceuticals Uk Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-12-31 Active
Vertex Pharmaceuticals Incorporated Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2024-12-31

Filing timeline

Last 20 of 147 total filings

Date Type Category Description
2026-03-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-19 AP01 officers Appoint person director company with name date PDF
2025-08-15 AP01 officers Appoint person director company with name date PDF
2025-08-15 AP01 officers Appoint person director company with name date PDF
2025-07-11 AA accounts Accounts with accounts type full
2025-07-07 TM01 officers Termination director company with name termination date PDF
2025-03-25 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-25 CH01 officers Change person director company with change date PDF
2025-02-19 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-02-19 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-08-29 AA accounts Accounts with accounts type full
2024-05-31 TM02 officers Termination secretary company with name termination date PDF
2024-03-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-30 AA accounts Accounts with accounts type full
2023-04-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-28 AA accounts Accounts with accounts type full
2022-03-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-02-08 AP01 officers Appoint person director company with name date PDF
2021-12-06 TM01 officers Termination director company with name termination date PDF
2021-09-30 AA accounts Accounts with accounts type full

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
3

last 12 months

Officers resigned
1

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