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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-08 (in 4mo)

Last made up 2025-08-25

Watchouts

None on the register

Cash

£1M

+27% vs 2023

Net assets

-£23M

-67.8% vs 2023

Employees

109

+12.4% vs 2023

Profit before tax

-£7M

-1.2% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £11,064,943£12,985,342
Operating profit -£2,074,033-£1,419,848
Profit before tax -£7,359,829-£7,446,797
Net profit -£7,859,943-£7,727,221
Cash £1,068,149£1,356,638
Total assets less current liabilities £18,653,747£32,957,625
Net assets -£13,515,582-£22,672,771
Equity -£13,515,582-£22,672,771
Average employees 97109
Wages £2,664,030£3,308,811

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 2023-12-312024-12-31
Operating margin -18.7%-10.9%
Net margin -71.0%-59.5%
Return on capital employed -11.1%-4.3%
Current ratio 0.17x1.93x
Interest cover -0.39x-0.24x

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
Consolidated group
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having considered the trading performance of the business, and the assumptions and conclusions made in the forecasts and the availability of financial resources, which include the group's funding by way of long term investor loan notes and third party bank debt, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future, and as a minimum for a period of at least 12 months from the date of approval of these financial statements.”

Group structure

  1. REPHINE TOPCO LIMITED · parent
    1. Rephine Limited 100% · United Kingdom · Pharmaceutical audit and consultancy
    2. Rephine Midco Limited 100% · United Kingdom · Intermediary holding company
    3. TDV Bidco S.L. 100% · Spain · Intermediary holding company
    4. Agrupación Forum Auditorias S.L.U 100% · Spain · Pharmaceutical audit and consultancy
    5. Medix UK Limited 100% · United Kingdom · Dormant
    6. Rephine Consulting India Private Limited 100% · India · Pharmaceutical audit and consultancy
    7. Rephine Barcelona S.L.U 100% · Spain · Pharmaceutical audit and consultancy
    8. Quality & Regulatory Services S.L.U. 100% · Spain · Pharmaceutical audit and consultancy
    9. Shanghai TDV Pharmaceutical Consulting Co. Limited 100% · China · Pharmaceutical audit and consultancy
    10. Rephine Bidco Limited 100% · United Kingdom · Intermediary holding company

Significant events

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

People

4 active · 2 resigned

Name Role Appointed Born Nationality
COLEMAN, Maureen Sheila Helen Director 2021-10-12 Apr 1953 British
HAWKINS, Timothy Edward Director 2024-09-24 Jun 1971 British
HOLROYD, Thomas Arthur Director 2021-08-26 Apr 1985 British
MAIDMENT, Adam Director 2021-08-26 Dec 1973 British
Show 2 resigned officers
Name Role Appointed Resigned
CROGHAN, Mark Arnold Director 2022-08-16 2025-02-27
SHERLOCK, Adam Director 2021-10-12 2024-06-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Kester Gp Ii Llp Corporate entity Shares 75–100%, Voting 75–100% 2021-08-26 Active

Filing timeline

Last 20 of 33 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-07-20 RESOLUTIONS Resolution
Date Type Category Description
2025-09-23 AA accounts Accounts with accounts type group
2025-09-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-07 TM01 officers Termination director company with name termination date PDF
2024-12-24 AA accounts Accounts with accounts type group
2024-10-04 AP01 officers Appoint person director company with name date PDF
2024-09-03 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-01 TM01 officers Termination director company with name termination date PDF
2023-11-03 AA accounts Accounts with accounts type group
2023-09-13 RP04SH01 capital Second filing capital allotment shares PDF
2023-09-13 RP04SH01 capital Second filing capital allotment shares PDF
2023-09-13 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2023-09-08 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-08 SH01 capital Capital allotment shares PDF
2023-07-21 SH01 capital Capital allotment shares
2023-07-12 SH01 capital Capital allotment shares
2022-09-07 CS01 confirmation-statement Confirmation statement with updates
2022-09-06 RP04SH01 capital Second filing capital allotment shares PDF
2022-08-31 AP01 officers Appoint person director company with name date PDF
2022-07-20 RESOLUTIONS resolution Resolution
2022-07-19 SH01 capital Capital allotment shares

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page