NORTHWICK PARK INSTITUTE FOR MEDICAL RESEARCH

• ⚠

  Material uncertainty over going concern

  Currently a material uncertainty exists that may cast significant doubt on the Institute's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

1. NORTHWICK PARK INSTITUTE FOR MEDICAL RESEARCH 2012-09-27 → present
2. NORTHWICK PARK INSTITUTE FOR MEDICAL RESEARCH LTD 2009-01-19 → 2012-09-27
3. NORTHWICK PARK MEDICAL RESEARCH LTD 1997-10-07 → 2009-01-19

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Knox Cropper LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Currently a material uncertainty exists that may cast significant doubt on the Institute's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “Between April 2024 and March 2025, TGI achieved one of its most productive and strategically important years to date. Despite significant disruption caused by ongoing facility-related restrictions, and the pressure from the pending departure of our Surgical Training Contract with Intuitive, the Institute delivered an exceptionally strong portfolio of surgical education, high-impact research, and strategic international engagement.”
• “The financial year ended 31 March 2025 was very challenging as a result of continued operational difficulties due to building infrastructure failures. Total income was reduced to £1.61m (2024: £2.20m), due to both a significant reduction in training activity and almost no pre-clinical projects.”
• “The significant steps in repairing the building infrastructure that completed just after the year end will enable the Charity to regain its income, from both training and pre-clinical research activities and move towards breakeven.”
• “During the year we started the refurbishment and repair of our building infrastructure, which was completed in mid 2025.”
• “concluded negotiations with our landlord to restructure our lease which has addressed the long-term liability and has placed the Charity on a firmer financial footing for the future.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -35.4%

  £2,064,251 → £1,332,627

• Cash

  -76.4%

  £209,361 → £49,363

• Net assets

  -28.8%

  -£1,903,054 → -£2,451,169

• Employees

  -20.8%

  24 → 19

• Wages

  -18.4%

  £858,134 → £700,395

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