MYLAN PHARMA UK LIMITED

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

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company provides scientific expertise to the wider group companies and continues to undertake a number of research and development programmes on behalf of the group companies. The principal activities of the company are research and development of novel therapeutic products and drug delivery systems for the wider group, therefore the company has the support of the group to continue in operational existence for the foreseeable future. The company has obtained a letter of support from its ultimate parent company to provide financial support for the foreseeable future, being at least 12 months from the date of the approval of these financial statements, which would enable the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due. The directors are comfortable that the parent company has sufficient resources to provide this support to the company if needed in the future.”

Significant events

• “Trade controls, sanctions, supply chain and staffing challenges and other economic considerations related to the ongoing conflicts between Russia and Ukraine, and in the Middle East, have impacted the Viatris group's operations in certain markets, however UK operations have seen no significant impact from the conflict to date.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -13.4%

  £44,059,000 → £38,153,000

• Cash

  +14.6%

  £39,108,000 → £44,820,000

• Net assets

  +10.9%

  £41,661,000 → £46,214,000

• Employees

  +4.1%

  97 → 101

• Operating profit

  -35.9%

  £3,938,000 → £2,526,000

• Profit before tax

  -31.4%

  £5,954,000 → £4,086,000

• Wages

  +28.2%

  £9,878,000 → £12,666,000

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