MUNDIPHARMA INTERNATIONAL TECHNICAL OPERATIONS 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

Ernst and Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company operates under service agreements with various related party entities that are long-term in nature and result in a mark-up on costs. These entities operate in the healthcare sector and the Company's customers see continued demand for their product portfolios, which notably contain many well-established products treating chronic conditions. Given these service agreements are long-term in nature, are not expected to change, and given the profitable nature of the Company, due to mark-up pricing, and the strength of the Company's balance sheet, the directors believe that there is sufficient cash and future cash flows to meet liabilities as they fall due. 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.”

Group structure

1. MUNDIPHARMA INTERNATIONAL TECHNICAL OPERATIONS LIMITED · parent
   1. Mundipharma International Technical Operations Limited 100% · USA

Significant events

• “On 17 June 2024, the directors declared an interim dividend of £4m (2023: £nil) relating to the Company's performance over several years. The dividend was paid on 20 June 2024.”
• “The wider Mundipharma network of independent associated companies that the Group is a member of monitors the ongoing conflict closely. The Group has concluded current conflicts have not impacted its operational activities.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  +1.7%

  £15,328,000 → £15,583,000

• Cash

  -52%

  £8,115,000 → £3,893,000

• Net assets

  -46.8%

  £6,304,000 → £3,356,000

• Employees

  0%

  42 → 42

• Operating profit

  -14.4%

  £1,392,000 → £1,192,000

• Profit before tax

  +1.2%

  £1,393,000 → £1,410,000

• Wages

  +5.6%

  £4,884,000 → £5,157,000

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