GLAXOSMITHKLINE UK LIMITED
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Cash
—
Latest balance sheet
Net assets
£817m
+4.9% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£51m
-10.4% vs 2024
Net assets
3-year trend · vs Consumer Discretionary 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 | £595,771,000 | £596,571,000 | £559,757,000 | -6.2% | |
| Operating profit | £13,510,000 | £20,316,000 | £16,613,000 | -18.2% | |
| Profit before tax | £44,800,000 | £56,972,000 | £51,026,000 | -10.4% | |
| Net profit | £33,881,000 | £42,659,000 | £38,266,000 | -10.3% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £737,999,000 | £780,155,000 | — | — | |
| Net assets | £736,311,000 | £778,970,000 | £817,236,000 | +4.9% | |
| Equity | £736,311,000 | £778,970,000 | £817,236,000 | +4.9% | |
| Average employees | 478 | 445 | — | — | |
| Wages | £50,394,000 | £41,589,000 | — | — | |
| Directors' remuneration | — | — | — | — |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 2.3% | 3.4% | 3.0% | |
| Net margin | 5.7% | 7.2% | 6.8% | |
| Return on capital employed | 1.8% | 2.6% | — | |
| Gearing (liabilities / total assets) | 16.4% | 17.6% | 18.2% | |
| Current ratio | 0.62x | 1.02x | — |
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 (Reduced Disclosure Framework)
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having assessed the principal risks of the Company and other matters, the Directors are of the opinion that the current level of activity remains sustainable. The Directors have taken into account that, as part of the Group, the Company has the support from the Group through the access to the Group cash pooling mechanism and can take actions to ensure business continuity through operational channels, as well as the ability to manage variable costs. On the basis of those considerations, the Directors believe that it remains appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “Provisions for liabilities reflect severance costs relating to the reorganisation and streamlining of the pharmaceutical business model to adapt to the changing customer environment.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EDINBURGH PHARMACEUTICAL INDUSTRIES LIMITED | Corporate Secretary | 2001-10-24 | — | — |
| CAGLAR, Esra | Director | 2022-11-15 | Mar 1987 | Turkish |
| EDINBURGH PHARMACEUTICAL INDUSTRIES LIMITED | Corporate Director | 2001-10-24 | — | — |
| GLAXO GROUP LIMITED | Corporate Director | 2001-10-24 | — | — |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHCROFT CAMERON SECRETARIES LIMITED | Corporate Nominee Secretary | 2001-10-24 | 2001-10-24 |
| BARCELO IGLESIAS, Cristina | Director | 2021-03-01 | 2022-11-25 |
| DINGEMANS, Simon Paul | Director | 2011-04-01 | 2019-05-01 |
| HESLOP, Julian Spenser | Director | 2009-09-09 | 2011-03-31 |
| LATCHFORD, Richard John | Director | 2019-04-25 | 2022-02-02 |
| MAUKONEN, Ville Kullervo | Director | 2017-11-20 | 2019-04-30 |
| WALKER, Adam | Director | 2016-12-13 | 2017-11-20 |
| ASHCROFT CAMERON NOMINEES LIMITED | Corporate Nominee Director | 2001-10-24 | 2001-10-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Glaxo Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 87 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-06-06 RESOLUTIONS Resolution
- 2022-06-06 RESOLUTIONS Resolution
- 2022-06-06 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2026-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-05 | AA | accounts | Accounts with accounts type full | |
| 2025-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | CH01 | officers | Change person director company with change date | |
| 2024-09-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-09 | AA | accounts | Accounts with accounts type full | |
| 2024-07-18 | AD02 | address | Change sail address company with new address | |
| 2023-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-08-16 | CH02 | officers | Change corporate director company with change date | |
| 2023-08-07 | AA | accounts | Accounts with accounts type full | |
| 2022-11-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-24 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full | |
| 2022-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-06 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-06 | RESOLUTIONS | resolution | Resolution | |
| 2022-06-06 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.