PATHEON UK LIMITED
Operating as a subsidiary of Thermo Fisher Scientific Inc, the company manufactures pharmaceutical products and provides technical testing and analysis services.
Get an alert when PATHEON UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3.5k
EUR 4,000
Latest balance sheet
Net assets
£770m
EUR 882,777,000
-4.5% vs 2024
Employees
492
+10.8% vs 2024
Profit before tax
£50m
EUR 57,902,000
-62.3% lowest in 3 filed years
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £857,059,845 | £786,903,616 | £889,194,139 | +13% | |
| Operating profit | £189,644,749 | £126,074,983 | £117,146,346 | -7.1% | |
| Profit before tax | £186,772,344 | £133,824,652 | £50,498,866 | -62.3% | |
| Net profit | £183,625,467 | £129,337,259 | £2,427,176 | -98.1% | |
| Cash | — | — | £3,489 | — | |
| Total assets less current liabilities | £1,098,891,688 | £1,167,947,080 | £1,150,048,840 | -1.5% | |
| Net assets | £700,872,926 | £806,038,487 | £769,908,425 | -4.5% | |
| Equity | £700,872,926 | £806,038,487 | £769,908,425 | -4.5% | |
| Average employees | 553 | 444 | 492 | +10.8% | |
| Wages | £32,029,011 | £31,094,891 | £35,269,492 | +13.4% | |
| Directors' remuneration | £604,534 | £594,725 | £672,423 | +13.1% | |
| Directors' pension contributions | £33,006 | £35,667 | £30,525 | -14.4% | |
| Highest paid director | £218,883 | £224,784 | £235,479 | +4.8% |
Figures converted to GBP from EUR at 0.872 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 22.1% | 16.0% | 13.2% | |
| Net margin | 21.4% | 16.4% | 0.3% | |
| Return on capital employed | 17.3% | 10.8% | 10.2% | |
| Gearing (liabilities / total assets) | 52.7% | 43.8% | 50.5% | |
| Current ratio | 2.32x | 3.28x | 2.54x | |
| Interest cover | 18.12x | 12.63x | 11.09x |
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.
Name history
Renamed 1 time since incorporation
- PATHEON UK LIMITED 1999-07-02 → present
- PATHEON LIMITED 1999-04-29 → 1999-07-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has adequate resource to continue its operation for at least 12 months from the date of approving these financial statements. The directors have also received confirmation that Thermo Fisher Scientific Inc. will financially support the company for at least one year”
Group structure
- PATHEON UK LIMITED · parent
- Patheon UK Pension Trustees Limited 100%
- Thermo Fisher Scientific (PN) UK LLC 100%
- Thermo Fisher Scientific (PN) UK Limited Partnership 99%
- Patheon Calculus Merger LLC 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAWKINS, Paul | Secretary | 2019-05-31 | — | — |
| CAMERON, Euan Daney Ross | Director | 2023-06-12 | Mar 1976 | British |
| DRUMMOND, Colin James | Director | 2025-03-01 | Oct 1965 | British |
| HAWKINS, Paul | Director | 2019-05-31 | Aug 1974 | British |
| MCCARTHY, Richard | Director | 2025-09-16 | Mar 1970 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MORRIS, Richard Gideon | Secretary | 2002-08-20 | 2009-01-30 |
| PLUMMER, Nicholas Roger Clive | Secretary | 2013-10-04 | 2019-05-31 |
| QUINN, Martin Thomas | Secretary | 2009-01-30 | 2012-08-28 |
| ROBINSON, Ronald Anthony | Secretary | 1999-04-29 | 1999-09-02 |
| TEDFORD, Robert | Secretary | 1999-09-02 | 2002-08-20 |
| ANDRETTA, Luca | Director | 2017-01-25 | 2019-10-01 |
| BIGELOW, Peter Thomas | Director | 2010-12-01 | 2011-02-17 |
| BLAKER, Graham Joseph, Dr | Director | 2001-10-31 | 2006-10-31 |
| BOTTERILL, Alistair Martyn | Director | 2015-02-27 | 2016-12-23 |
| BRACA, Aldo | Director | 1999-09-02 | 2009-07-17 |
| COLLETT, Brian | Director | 1999-04-29 | 1999-09-02 |
| DIPIETRO, Nicholas Angelo | Director | 2006-06-23 | 2008-05-22 |
| EVANS, Eric Wayne | Director | 2011-01-25 | 2011-12-21 |
| JONES, Ian Peter | Director | 2007-04-12 | 2014-11-30 |
| KELLEY, Andrew James | Director | 2011-12-21 | 2012-06-29 |
| LYTTON, Michael Edward | Director | 2011-09-20 | 2015-04-07 |
| MAGNELLI, Antonio | Director | 2013-10-04 | 2014-01-07 |
| MANCUSO, Antonella, Senior Vice President And Managing Director, Europ | Director | 2009-07-17 | 2013-07-10 |
| MCLEAN, James | Director | 2019-10-15 | 2021-01-27 |
| MOUGEOT, Benoit | Director | 2015-02-27 | 2015-12-31 |
| MULLEN, James Charles | Director | 2011-02-17 | 2015-04-07 |
| NEWTON, Mark Alan | Director | 2023-10-01 | 2025-07-31 |
| PLUMMER, Nicholas Roger Clive | Director | 2017-01-25 | 2019-05-31 |
| POTTS, Michael William | Director | 2021-10-01 | 2024-03-31 |
| ROBINSON, Andrew, Mr. | Director | 2016-01-04 | 2023-06-12 |
| TEDFORD, Robert | Director | 1999-09-02 | 2006-05-05 |
| VAN BIJLEVELD, Anthonius Jan | Director | 2017-01-25 | 2017-08-31 |
| WATCHORN, Derek John | Director | 1999-09-02 | 2001-10-31 |
| WHEELER, Wesley | Director | 2008-05-22 | 2010-12-01 |
| WILSON, Dean Frederick | Director | 2015-04-07 | 2018-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Thermo Fisher Scientific (Pn1) Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-07 | Active |
| Thermo Fisher Scientific Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-09-11 | Ceased 2018-08-07 |
| Patheon N.V. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-21 | Ceased 2017-09-11 |
Filing timeline
Last 20 of 203 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-27 | AA | accounts | Accounts with accounts type full | |
| 2025-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-04-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-28 | SH01 | capital | Capital allotment shares | |
| 2024-03-15 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-03 | AA | accounts | Accounts with accounts type full | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-11 | AA | accounts | Accounts with accounts type full | |
| 2022-04-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-14 | AP01 | officers | Appoint person director company with name date |
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.