MUNDIPHARMA RESEARCH LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-27 (in 1mo)
Last made up 2025-06-13
Watchouts
None on the register
Cash
£2M
-77.3% vs 2023
Net assets
£28M
+15.2% vs 2023
Employees
56
-18.8% vs 2023
Profit before tax
£6M
+79.3% vs 2023
Name history
Renamed 1 time since incorporation
- MUNDIPHARMA RESEARCH LIMITED 2006-08-23 → present
- NAPP PHARMACEUTICALS RESEARCH LIMITED 2002-12-04 → 2006-08-23
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 | £39,716,000 | £51,889,000 | |
| Operating profit | £3,239,000 | £5,765,000 | |
| Profit before tax | £3,265,000 | £5,855,000 | |
| Net profit | £2,717,000 | £3,707,000 | |
| Cash | £8,870,000 | £2,017,000 | |
| Total assets less current liabilities | £24,462,000 | £28,185,000 | |
| Net assets | £24,462,000 | £28,185,000 | |
| Equity | £24,462,000 | £28,185,000 | |
| Average employees | 69 | 56 | |
| Wages | £7,959,000 | £7,904,000 |
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 | 8.2% | 11.1% | |
| Net margin | 6.8% | 7.1% | |
| Return on capital employed | 13.2% | 20.5% | |
| Current ratio | 2.51x | 2.38x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the directors' consideration of the ongoing contractual terms with customers, and forecasts that cover the period to 31 July 2026, the directors have prepared these financial statements on a going concern basis.”
Significant events
- “In May 2025, accounts receivable from a related party amounting to £28,000,000 were converted into a long-term interest-bearing loan. The loan is repayable at any time by agreement of the parties and earns interest at 5.31% per annum.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JAMIESON, Stephen Johan | Director | 2019-02-22 | Sep 1957 | British |
| LEA, Bryan George | Director | 2020-01-01 | Jun 1961 | British |
| MARTINA, Yuri | Director | 2024-01-22 | Oct 1975 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KENDALL, Gareth | Secretary | 2002-12-04 | 2008-03-25 |
| CORNHILL SERVICES LIMITED | Corporate Secretary | 2008-03-25 | 2009-02-26 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2002-12-04 | 2002-12-04 |
| TIERCEL SERVICES LIMITED | Corporate Secretary | 2009-02-26 | 2018-06-11 |
| BAKER, Stuart David | Director | 2002-12-04 | 2019-12-31 |
| DUCHARME, Julie, Dr | Director | 2017-03-17 | 2019-07-04 |
| GOLDENHEIM, Paul David | Director | 2002-12-04 | 2004-04-30 |
| LEIGHTON-SCOTT, James Peter | Director | 2020-01-01 | 2020-09-30 |
| MANSARAY, Mohammed Gibril | Director | 2017-04-10 | 2019-07-26 |
| MATTESSICH, Antony | Director | 2011-05-19 | 2017-07-31 |
| MITCHELL, Christopher Benbow | Director | 2002-12-04 | 2018-04-12 |
| REIMER, Karen, Dr | Director | 2006-02-01 | 2017-03-31 |
| SHEEHAN, Brian James, Dr | Director | 2020-01-01 | 2024-01-22 |
| WIKSTROM, Ake Gunnar | Director | 2018-04-12 | 2019-02-22 |
| WIKSTROM, Ake Gunnar | Director | 2007-01-24 | 2011-05-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Frank S. Vellucci | Individual | Appoints directors, right-to-appoint-and-remove-directors-as-trust | 2023-11-03 | Active |
| Mr Rory A. Held | Individual | Appoints directors, right-to-appoint-and-remove-directors-as-trust | 2023-11-03 | Active |
| Mr Daniel Connolly | Individual | Appoints directors, right-to-appoint-and-remove-directors-as-trust | 2023-11-03 | Active |
| Mr Jeffrey Robins | Individual | significant-influence-or-control-as-trust | 2018-11-20 | Active |
| Mr Leslie John Schreyer | Individual | significant-influence-or-control-as-trust | 2018-11-20 | Active |
| Mrs Alexa Mairi Saunders | Individual | significant-influence-or-control-as-trust | 2018-03-05 | Active |
| Mr Stuart David Baker | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-09-04 |
| Mr Peter Minton Ward | Individual | Shares 25–50%, significant-influence-or-control-as-trust | 2016-04-06 | Ceased 2018-06-03 |
| Mr Christopher Benbow Mitchell | Individual | significant-influence-or-control-as-trust | 2016-04-06 | Ceased 2018-04-12 |
| Ms Hermance Bernadette Monique Schaepman | Individual | significant-influence-or-control-as-trust | 2016-04-06 | Active |
Filing timeline
Last 20 of 138 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-17 | CH01 | officers | Change person director company with change date | |
| 2025-09-09 | AA | accounts | Accounts with accounts type full | |
| 2025-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-06 | AD02 | address | Change sail address company with old address new address | |
| 2025-02-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-27 | AA | accounts | Accounts with accounts type full | |
| 2024-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-04 | CH01 | officers | Change person director company with change date | |
| 2024-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-07 | AA | accounts | Accounts with accounts type full | |
| 2022-09-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-09-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-09-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-07-04 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- 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
+30.7%
£39,716,000 £51,889,000
-
Cash
-77.3%
£8,870,000 £2,017,000
-
Net assets
+15.2%
£24,462,000 £28,185,000
-
Employees
-18.8%
69 56
-
Operating profit
+78%
£3,239,000 £5,765,000
-
Profit before tax
+79.3%
£3,265,000 £5,855,000
-
Wages
-0.7%
£7,959,000 £7,904,000
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