VERTEX PHARMACEUTICALS (EUROPE) LIMITED
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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
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
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- VERTEX PHARMACEUTICALS (EUROPE) LIMITED 1994-08-12 → present
- INTERCEDE 1083 LIMITED 1994-03-11 → 1994-08-12
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 | £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 | 643 | 712 | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 2.04x | 2.29x | |
| Interest cover | 26.84x | 21.21x |
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
- VERTEX PHARMACEUTICALS (EUROPE) LIMITED · parent
- Vertex Pharmaceuticals (Ireland) Limited 100%
- Vertex Pharmaceuticals (Sweden) AB 100%
- Vertex Pharmaceuticals (CH) GmbH 100%
- Vertex Pharmaceuticals (Portugal) Unipessoal Lda 100%
- Vertex Pharmaceuticals GmbH 100%
- Vertex Pharmaceuticals (U.K.) Limited 100%
- Vertex Pharmaceuticals Single Member Societe Anonyme 100%
- Vertex Pharmaceuticals (Poland) sp. z o.o 100%
- Vertex Pharmaceuticals (Czech Republic) s.r.o 100%
- Vertex Pharmaceuticals (Belgium) B.V. 100%
- Vertex Farmacêutica do Brasil Ltda 100%
- Vertex Pharmaceuticals Limited d.o.o Beograd 100%
- Company for Services and Trade Vertex Pharmaceuticals Dooel Skopje 100%
- Vertex Pharmaceuticals (Chile) SpA 100%
Significant events
- “Subsequent to the year end the directors recommended the payment of interim dividends in respect of the year ending 31 December 2025 of $200 million. This recommendation was approved during the shareholders meeting on 11 June 2025.”
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 | |
| 2025-08-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-25 | CH01 | officers | Change person director company with change date | |
| 2025-02-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-29 | AA | accounts | Accounts with accounts type full | |
| 2024-05-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-30 | AA | accounts | Accounts with accounts type full | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-08 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 1
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
+30.6%
£7,183,423,277 £9,384,722,016
-
Cash
+51.7%
£347,455,152 £527,204,596
-
Net assets
+15.2%
£2,764,553,002 £3,183,872,498
-
Employees
+10.7%
643 712
-
Operating profit
+44.4%
£732,346,182 £1,057,746,479
-
Profit before tax
+35.4%
£768,673,091 £1,040,516,679
-
Wages
+21.7%
£67,227,576 £81,829,503
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