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Cash

£765k

-55.2% lowest in 3 filed years

Net assets

£333m

+10.4% highest in 3 filed years

Employees

4

+33.3% highest in 3 filed years

Profit before tax

£5.5m

+51.5% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30

Metric Trend 2023-09-302024-09-302025-09-30 Δ vs prior
Total income ——— —
Operating profit —£3,630,000£5,501,000 +51.5%
Profit before tax —£3,630,000£5,501,000 +51.5%
Net profit -£7,215,000£30,005,000£31,501,000 +5%
Cash £1,420,000£1,706,000£765,000 -55.2%
Total assets less current liabilities £294,170,000£321,691,000£346,989,000 +7.9%
Net assets £271,903,000£301,908,000£333,409,000 +10.4%
Equity £271,903,000£301,908,000£333,409,000 +10.4%
Average employees 234 +33.3%
Wages £210,000£235,000£268,000 +14%
Directors' remuneration —£0£0 —
Directors' pension contributions —£0£0 —
Highest paid director —£0£0 —

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 2023-09-302024-09-302025-09-30
Return on capital employed —1.1%1.6%
Gearing (liabilities / total assets) 11.8%9.9%7.7%
Interest cover —3.03x3.70x

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.

Name history

Renamed 3 times since incorporation

  1. THE KENNEDY TRUST FOR RHEUMATOLOGY RESEARCH 2012-07-16 → present
  2. THE KENNEDY TRUST FOR RHEUMATOLOGY TRUST 2012-07-05 → 2012-07-16
  3. THE MATHILDA AND TERENCE KENNEDY INSTITUTE OF RHEUMATOLOGY TRUST 2000-08-01 → 2012-07-05
  4. MATHILDA AND TERENCE KENNEDY INSTITUTE OF RHEUMATOLOGY 1969-10-13 → 2000-08-01

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
MHA
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

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

People

12 active · 65 resigned

Name Role Appointed Born Nationality
MIDDLETON, Hazel Fiona Secretary 2023-03-28 — —
COOMBE, Christopher John Director 2021-06-22 Jul 1958 British
CRONLY, Joseph Henry Director 2024-07-23 Jun 1971 British
DIGHERO, Mark Stefano Director 2018-12-11 May 1964 British
EMERY, Paul, Professor Director 2024-11-25 Nov 1952 British
HESSEL, Edith Margarethe, Dr Director 2024-11-25 Jun 1967 Dutch
PATEL, Harsha Director 2023-09-27 Apr 1974 British
PATTON, Michael Alexander, Professor Director 2021-06-22 Apr 1950 British
PUNT, Richard Kenneth Director 2021-06-22 Sep 1966 British
SATCHELL, Paul Wayne, Dr Director 2021-06-22 Aug 1955 British
TAK, Paul Peter, Professor Director 2024-11-25 Dec 1959 Dutch
WOOD, Anthony, Dr Director 2024-11-25 Sep 1965 British
Show 65 resigned officers
Name Role Appointed Resigned
BODEN, Colin Raymond Ley Secretary — 2008-10-07
JOHANSON, Susan Margaret Secretary 2019-12-11 2023-03-28
PRESTON, Margaret Susan Secretary 2008-10-07 2019-12-11
ANSELL, Barbara Mary, Dr Director — 1997-07-16
ARNOTT, Melville, Professor Sir Director — 1992-04-30
BARNES, Colin Greenhill Director — 2013-06-12
BATCHELOR, John Richard, Professor Director 1997-07-16 2014-12-31
BATCHELOR, John Richard, Professor Director — 1996-07-17
BELL, John Irving, Professor Director 1997-07-16 1998-06-30
BUCKLEY, Edmund James Aldous Director 2018-10-08 2024-06-20
BUTLER, Richard Clive, Sir Director — 2009-04-07
BYWATERS, Eric George Lapthorne, Professor Director — 1997-07-16
COPE, Andrew Paul, Prof Director 2014-12-09 2025-03-21
COPEMAN, Peter William Monckton, Dr Director 1992-05-06 1997-07-16
DAINTON, Frederick Sydney, The Rt Hon Lord Director — 1997-07-16
DAVENPORT, John Martin Director — 1992-04-30
DAVIES, Nicola Velfor, The Rt Hon Lady Justice Director 2006-01-24 2019-02-05
DAVIS, James Patrick Lamert Director 2007-04-17 2018-10-08
DAWSON, Oliver Naimby Director 2001-07-09 2008-07-15
DAWSON, Oliver Naimby Director — 1997-07-16
DIEPPE, Paul Adrian, Professor Director 1993-05-05 1997-07-16
DUCKWORTH, Thomas, Professor Director 1993-05-05 1997-07-16
DUDLEY HART, Francis, Dr Director — 1997-07-16
FENNEY, Roger Johnson Director — 2004-05-04
FROST, Margaret Flynn Director 2011-09-27 2023-12-07
GASTON, John Stanley Hill, Professor Director 2000-08-01 2022-06-22
GLEN-HAIG, Mary Alison, Dame Director 1992-05-06 2009-03-31
GREEN, John Timothy, Dr Director 1999-07-13 2010-07-31
GREENHALGH, Roger Malcolm, Prof Director 1994-05-04 1997-05-14
GRIFFITHS, Ian, Dr Director — 1993-04-30
GROSVENOR, Jane Meriel Director — 1995-06-16
HARDING, Michael John, Dr Director 2004-01-28 2005-06-22
HASKARD, Dorian Oliver, Dr Director 1996-05-01 1997-07-16
HENDERSON, John Edward Director 1997-07-16 2000-04-18
HIGGINS, Christopher Francis, Professor Director 2003-07-15 2006-07-27
HODGSON, Humphrey Julian Francis, Professor Director 1996-07-17 1997-07-16
HOLGATE, Stephen Townley, Professor Director 2013-03-12 2025-12-10
HOLLAND, Robert Einion Director 1991-05-01 2000-04-18
HORNSTEIN, Rodney Maxwell Director 2005-10-10 2021-08-13
HUSSELL, Tracy, Professor Director 2021-10-12 2026-03-31
ISENBERG, David Alan, Professor Director — 1996-05-01
JOHNSON, Jennifer Director 2008-07-15 2022-06-22
MADDISON, Peter John, Professor Director — 1993-11-24
MAINI, Ravinder Nath, Sir Director 2000-08-01 2018-12-11
MAITLAND, Stanley Alexander Director — 1997-07-16
MCLACHLAN, Gordon Director — 1993-07-05
NUKI, George, Professor Director — 1997-07-16
PATERSON, David Ronald George Director 2008-07-15 2021-10-12
PENDOWER, John Edward Hicks Director — 1993-10-04
PRENDERGAST, Simone Ruth, Dame Director 2002-10-02 2009-03-31
SCOTT, David, Dr Director 1991-05-01 1997-07-16
SCOTT, James Thomas, Dr Director — 1994-02-16
SHAPLAND, William Arthur, Sir Director 1997-07-16 1997-10-01
SIEFF, Lois Mae Director 1997-07-16 2008-07-15
SIEFF, Pauline Lily, The Rt Hon Lady Director 1992-05-06 1997-02-28
SUNLEY, Bella Director 1997-07-16 2009-03-31
SWEETNAM, David Rodney, Sir Director — 1993-05-05
SYMMONS, Deborah Pauline Mary, Professor Director 1993-05-05 1997-07-16
TORRY, Alan Coram Director 1994-05-04 1997-07-16
WALPORT, Mark Jeremy, Professor Director 1999-07-13 2003-03-10
WEATHERALL, David John, Sir Director 2001-05-02 2002-07-09
WHITE, Victoria Louise Director 2018-12-11 2023-11-08
WILLIAMS, Bryan Davies, Professor Director 1994-05-04 1997-07-16
WINTER, Gregory Paul, Sir Director 2011-09-27 2021-03-23
WRIGHT, Verna, Professor Director 1993-05-05 1997-07-16

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 282 total filings

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

  • 2026-06-02 RESOLUTIONS Resolution
  • 2026-04-18 MA Memorandum articles
  • 2026-04-15 CC04 Statement of companys objects
Date Type Category Description
2026-06-02 RESOLUTIONS resolution Resolution
2026-05-31 AA accounts Accounts with accounts type full
2026-04-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-04-18 MA incorporation Memorandum articles
2026-04-15 CC04 change-of-constitution Statement of companys objects
2026-04-07 TM01 officers Termination director company with name termination date PDF
2026-02-27 TM01 officers Termination director company with name termination date PDF
2025-04-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-11 AA accounts Accounts with accounts type full
2025-03-24 TM01 officers Termination director company with name termination date PDF
2024-12-11 AP01 officers Appoint person director company with name date PDF
2024-12-10 AP01 officers Appoint person director company with name date PDF
2024-12-05 AP01 officers Appoint person director company with name date PDF
2024-12-05 AP01 officers Appoint person director company with name date PDF
2024-08-06 TM01 officers Termination director company with name termination date PDF
2024-08-06 AP01 officers Appoint person director company with name date PDF
2024-05-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-15 AA accounts Accounts with accounts type full
2023-12-12 TM01 officers Termination director company with name termination date PDF
2023-11-10 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page