ABBOTT LABORATORIES LIMITED
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Cash
£6.6M
+25.5% vs 2023
Net assets
£872M
+13.6% vs 2023
Employees
580
+2.5% vs 2023
Profit before tax
£267M
+40.2% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £539,543,000 | £639,882,000 | +18.6% | |
| Operating profit | £16,723,000 | £19,238,000 | +15% | |
| Profit before tax | £190,175,000 | £266,562,000 | +40.2% | |
| Net profit | £179,615,000 | £256,187,000 | +42.6% | |
| Cash | £5,269,000 | £6,614,000 | +25.5% | |
| Total assets less current liabilities | — | — | — | |
| Net assets | £767,315,000 | £871,804,000 | +13.6% | |
| Equity | £767,315,000 | £871,804,000 | +13.6% | |
| Average employees | 566 | 580 | +2.5% | |
| Wages | £49,993,000 | £51,742,000 | +3.5% | |
| Directors' remuneration | £535,000 | £538,000 | +0.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.1% | 3.0% | |
| Net margin | 33.3% | 40.0% | |
| Current ratio | 1.15x | 1.08x | |
| Interest cover | 6.61x | 2.58x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company generated a net profit of £256,187,000 (2023: £179,615,000), has net assets of £871,804,000 (2023: £767,315,000) and current assets of the Company exceed its current liabilities by £37,218,000 (2023: £33,364,000). Trading profits are expected to continue in the foreseeable future. Therefore, after making enquiries, the Directors have a reasonable expectation that the Company will continue in operational existence for a period of twelve months from the date of approval of the financial statements. Accordingly, the Directors continue to adopt the going concern basis of accounting in preparing the annual report and financial statements.”
Group structure
- ABBOTT LABORATORIES LIMITED · parent
- Abbott Diabetes Care Limited 100%
- Murex Biotech Limited 100%
- Abbott Laboratories Trustee Company 100%
- Abbott Medical UK Limited 100%
- Abbott (UK) Finance Limited 100%
- Lingo Technology UK Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GOGAY, Kevan | Secretary | 2013-01-01 | — | — |
| CAMPBELL, Ross Iain | Director | 2025-04-25 | Apr 1976 | British |
| CLAYTON, Michael Robert Kendall | Director | 2020-03-23 | Apr 1974 | British |
| WENNER, James Russell | Director | 2025-12-17 | Sep 1967 | American |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEATTIE, Philip | Secretary | 1993-02-17 | 2003-04-01 |
| BROWN, Stephen | Secretary | 2005-10-01 | 2011-06-07 |
| COLLINS, Michael Cyril | Secretary | — | 1993-02-17 |
| MARK, David | Secretary | 2003-04-01 | 2005-10-01 |
| POOTS, Kyle | Secretary | 2011-06-06 | 2013-01-01 |
| BEATTIE, Philip | Director | — | 1993-02-17 |
| BRANIGHAN, Kenneth Robert | Director | 2001-01-16 | 2002-05-31 |
| BROWN, Stephen | Director | 2005-11-30 | 2006-02-02 |
| BRYANT, Douglas | Director | 1995-05-22 | 1997-09-12 |
| COUGHLAN, Gary Patrick | Director | 1993-02-17 | 2001-03-31 |
| COULTER, John | Director | 2006-03-02 | 2007-03-30 |
| DAVIES, Alison Elizabeth | Director | 2023-09-18 | 2025-12-17 |
| DAVIS, Kirk | Director | 1996-01-15 | 1998-02-16 |
| FORREST, Andrew David Hall | Director | 2004-12-13 | 2007-10-25 |
| FREYMAN, Thomas Craig | Director | 2001-04-02 | 2015-12-15 |
| FUNCK, Robert Emmett | Director | 2007-03-30 | 2007-12-03 |
| GIBBONS, David | Director | — | 1996-03-31 |
| HALL, Gary James | Director | 2015-10-02 | 2018-09-27 |
| HARRIS, Neil | Director | 2018-08-31 | 2025-04-25 |
| HAYHOE, Bernard John, The Rt Hon The Lord Hayhoe Pc | Director | — | 1993-05-03 |
| HAYWOOD, Mark | Director | 1998-02-16 | 2004-07-30 |
| HUDSON, Susan Michelle | Director | 2010-11-15 | 2018-08-31 |
| HUDSON, Susan Michelle | Director | 2009-05-01 | 2010-01-30 |
| IGLESIAS FERNANDEZ, Luis | Director | 2002-05-31 | 2005-11-30 |
| MARASCO, Richard James | Director | 1993-02-17 | 1995-05-22 |
| MARK, David | Director | 2004-07-22 | 2004-12-13 |
| MCCOY, John Arthur | Director | 2021-03-22 | 2023-09-18 |
| MCINTYRE, John Duncan | Director | — | 1993-02-17 |
| MOUNTRICHAS, Georgios | Director | 2018-09-27 | 2020-03-23 |
| PARKINSON JR, Robert Leroy | Director | — | 1993-02-17 |
| PETERSON, Karen Marie | Director | 2019-01-16 | 2021-03-22 |
| RANKIN, John Harry | Director | 2007-03-30 | 2008-09-26 |
| SCHUELER, John Otto | Director | 1997-09-12 | 2001-01-16 |
| SMITH, Michael James | Director | 2008-09-26 | 2015-10-02 |
| SOENDERBY, Camilla Maria Kruchov | Director | 2010-01-29 | 2013-01-01 |
| STEWART, Jeffrey Ryan | Director | 2007-10-25 | 2009-05-02 |
| YOOR, Brian | Director | 2015-12-15 | 2019-01-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Abbott Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 212 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-12-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-22 | AA | accounts | Accounts with accounts type full | |
| 2023-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-29 | AA | accounts | Accounts with accounts type full | |
| 2022-12-15 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-12-15 | SH20 | capital | Legacy | |
| 2022-12-15 | CAP-SS | insolvency | Legacy | |
| 2022-12-15 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-26 | AA | accounts | Accounts with accounts type full | |
| 2021-11-15 | SH01 | capital | Capital allotment shares | |
| 2021-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.