MCKESSON GLOBAL SOURCING LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-14 (in 3mo)
Last made up 2025-07-31
Watchouts
None on the register
Cash
£572K
-98.9% vs 2024
Net assets
£745M
-8.8% vs 2024
Employees
8
+14.3% vs 2024
Profit before tax
£174M
+316.4% vs 2024
Name history
Renamed 1 time since incorporation
- MCKESSON GLOBAL SOURCING LIMITED 2019-04-01 → present
- MCKESSON GLOBAL SOURCING UK LIMITED 2017-08-01 → 2019-04-01
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 | £57,670,126 | £1,385,471 | |
| Operating profit | £34,855,448 | £291,327 | |
| Profit before tax | £41,811,712 | £174,123,054 | |
| Net profit | £31,124,537 | £173,791,698 | |
| Cash | £53,629,355 | £571,534 | |
| Total assets less current liabilities | £816,372,869 | £744,797,628 | |
| Net assets | £816,372,869 | £744,797,628 | |
| Equity | £816,372,869 | £744,797,628 | |
| Average employees | 7 | 8 | |
| Wages | £557,450 | £619,718 |
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 | 60.4% | 21.0% | |
| Net margin | 54.0% | 12543.9% | |
| Return on capital employed | 4.3% | 0.0% | |
| Gearing (liabilities / total assets) | 0.7% | 0.3% | |
| Current ratio | 12.70x | 0.53x | |
| Interest cover | 37.11x | — |
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
“The company has adequate financial resources available to it and as a consequence, the directors believe that the company is well placed to manage its risks successfully. Although the Company reported a net current liability position of $1m as of the financial year end (2024: net current asset of $95m), it maintains access to financial resources through its parent entity, McKesson Corporation. This group-level support ensures the Company can effectively manage its liabilities as they arise. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of this report. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- MCKESSON GLOBAL SOURCING LIMITED · parent
- McKesson Medical-Surgical Sourcing Limited 100%
Significant events
- “On June 6, 2025, the company received a $280m dividend from its subsidiary, McKesson Medical-Surgical Sourcing Limited.”
- “On June 6, 2025, the company declared and paid a $280m dividend to its parent company, McKesson Medical-Surgical Supply Chain Services, LLC.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2017-08-01 | — | — |
| BODEREAU, Francois | Director | 2023-03-31 | Oct 1968 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIRKEN, Andrew Keith | Director | 2017-08-01 | 2022-03-31 |
| KETTLER, Kevin Richard | Director | 2017-08-01 | 2018-12-31 |
| STEPHENS III, Jack Thomas | Director | 2019-01-01 | 2022-07-15 |
| THOMAS, Gareth Bryn | Director | 2018-09-13 | 2023-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mckesson Corporation | Corporate entity | Voting 75–100% | 2017-08-01 | Active |
Filing timeline
Last 20 of 46 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-06-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-11 | AA | accounts | Accounts with accounts type full | |
| 2025-10-17 | CH01 | officers | Change person director company with change date | |
| 2025-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-10 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-27 | AA | accounts | Accounts with accounts type full | |
| 2023-10-13 | CH01 | officers | Change person director company with change date | |
| 2023-08-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 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 | |
| 2023-06-10 | SH02 | capital | Capital alter shares subdivision | |
| 2023-06-10 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-06 | AA | accounts | Accounts with accounts type full | |
| 2022-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-13 | AA | accounts | Accounts with accounts type full | |
| 2021-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
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
-97.6%
£57,670,126 £1,385,471
-
Cash
-98.9%
£53,629,355 £571,534
-
Net assets
-8.8%
£816,372,869 £744,797,628
-
Employees
+14.3%
7 8
-
Operating profit
-99.2%
£34,855,448 £291,327
-
Profit before tax
+316.4%
£41,811,712 £174,123,054
-
Wages
+11.2%
£557,450 £619,718
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