MCKESSON GLOBAL PROCUREMENT & SOURCING LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-18 (in 5mo)
Last made up 2025-10-04
Watchouts
None on the register
Cash
£369M
+14,233.6% vs 2024
Net assets
£583M
+5.3% vs 2024
Employees
36
-16.3% vs 2024
Profit before tax
£9M
+111.9% vs 2024
Name history
Renamed 2 times since incorporation
- MCKESSON GLOBAL PROCUREMENT & SOURCING LIMITED 2014-11-14 → present
- MCKESSON GLOBAL SOURCING LIMITED 2014-07-23 → 2014-11-14
- COUGAR I UK LIMITED 2013-10-02 → 2014-07-23
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £35,466,271 | £38,745,738 | |
| Operating profit | £11,808,006 | £27,000,741 | |
| Profit before tax | -£71,751,668 | £8,563,380 | |
| Net profit | -£69,044,477 | £24,092,661 | |
| Cash | £2,576,723 | £369,337,287 | |
| Total assets less current liabilities | £2,609,481,097 | £2,639,094,885 | |
| Net assets | £553,532,246 | £583,143,069 | |
| Equity | £553,532,246 | £583,143,069 | |
| Average employees | 43 | 36 | |
| Wages | £5,687,917 | £4,644,922 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 33.3% | 69.7% | |
| Net margin | -194.7% | 62.2% | |
| Return on capital employed | 0.5% | 1.0% | |
| Current ratio | 1.88x | 6.86x | |
| Interest cover | 0.12x | 0.27x |
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
- Deloitte Ireland LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- MCKESSON GLOBAL PROCUREMENT & SOURCING LIMITED · parent
- McKesson UK Finance V Limited 100%
- McKesson Europe Services GmbH 100%
Significant events
- “On July 1, 2025, the Company declared and paid a $45m dividend to its parent entities, $8.2m to McKesson International IP2A Limited, and $36.8m to McKesson International IP2B Unlimited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2013-10-18 | — | — |
| BODEREAU, Francois | Director | 2023-03-31 | Oct 1968 | British |
| EVANGELISTA, David | Director | 2022-11-01 | Mar 1973 | American |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HACKWOOD SECRETARIES LIMITED | Corporate Secretary | 2013-10-02 | 2013-10-18 |
| BOGAN, Willie C. | Director | 2013-10-18 | 2014-06-10 |
| ESTEY JR., Roger Wade | Director | 2013-10-18 | 2018-07-27 |
| FACTOR, Saul David | Director | 2014-06-19 | 2016-05-16 |
| FRAGIE, John Wallace | Director | 2014-08-07 | 2017-08-17 |
| JULIAN, Paul Coleman | Director | 2014-06-19 | 2018-01-02 |
| KETTLER, Kevin Richard | Director | 2016-06-22 | 2019-01-01 |
| MCCOMB, Stanton | Director | 2018-01-02 | 2023-06-30 |
| NEWCOMBE, Paul Alan | Director | 2013-10-02 | 2013-10-18 |
| STEPHENS III, Jack Thomas | Director | 2019-01-01 | 2022-07-15 |
| THOMAS, Gareth Bryn | Director | 2018-07-28 | 2023-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mckesson Corporation | Corporate entity | Significant influence | 2016-12-27 | Active |
| Mckesson Uk Finance Ii Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-12-27 |
Filing timeline
Last 20 of 95 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-03-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-14 | AA | accounts | Accounts with accounts type full | |
| 2025-10-17 | CH01 | officers | Change person director company with change date | |
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-10 | AA | accounts | Accounts with accounts type full | |
| 2024-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-03 | AD02 | address | Change sail address company with old address new address | |
| 2024-01-18 | AA | accounts | Accounts with accounts type full | |
| 2023-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | CH01 | officers | Change person director company with change date | |
| 2023-10-13 | CH01 | officers | Change person director company with change date | |
| 2023-07-31 | CH04 | officers | Change corporate secretary company with change date | |
| 2023-07-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-24 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-03-24 | SH20 | capital | Legacy | |
| 2023-03-24 | CAP-SS | insolvency | Legacy | |
| 2023-03-24 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-29 | AA | accounts | Accounts with accounts type full |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+9.2%
£35,466,271 £38,745,738
-
Cash
+14,233.6%
£2,576,723 £369,337,287
-
Net assets
+5.3%
£553,532,246 £583,143,069
-
Employees
-16.3%
43 36
-
Operating profit
+128.7%
£11,808,006 £27,000,741
-
Profit before tax
+111.9%
-£71,751,668 £8,563,380
-
Wages
-18.3%
£5,687,917 £4,644,922
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