MCKESSON GLOBAL PROCUREMENT & SOURCING LIMITED
A wholly owned subsidiary of NYSE-listed McKesson Corporation, the company acts as the global sourcing and procurement organisation for the wider group, providing strategic services and negotiating with manufacturers to secure generic pharmaceutical supplies for its international affiliates.
Get an alert when MCKESSON GLOBAL PROCUREMENT & SOURCING LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£41k
USD 54,345
-89.3% lowest in 3 filed years
Net assets
£415k
USD 548,514
-31.8% lowest in 3 filed years
Employees
30
-16.7% lowest in 3 filed years
Profit before tax
£480k
USD 634,842
+5,276.7% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £37,875,237 | £40,396 | £40,525 | +0.3% | |
| Operating profit | £12,610,038 | £28,151 | £492,060 | +1,647.9% | |
| Profit before tax | -£76,625,237 | £8,928 | £480,032 | +5,276.7% | |
| Net profit | -£73,734,167 | £25,119 | — | — | |
| Cash | £2,751,742 | £385,065 | £41,093 | -89.3% | |
| Total assets less current liabilities | £2,786,724,193 | £2,751,479 | £2,511,907 | -8.7% | |
| Net assets | £591,129,671 | £607,976 | £414,755 | -31.8% | |
| Equity | £591,129,671 | £607,976 | £414,755 | -31.8% | |
| Average employees | 43 | 36 | 30 | -16.7% | |
| Wages | £6,074,256 | £4,843 | £3,688 | -23.8% | |
| Directors' remuneration | £429,861 | £447 | £634 | +41.8% |
Figures converted to GBP from USD at 0.756 per USD (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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 33.3% | 69.7% | — | |
| Net margin | -194.7% | 62.2% | — | |
| Return on capital employed | 0.5% | 1.0% | 19.6% | |
| Gearing (liabilities / total assets) | 81.5% | 78.4% | 84.1% | |
| Current ratio | 1.88x | 6.86x | 5.05x | |
| Interest cover | 0.12x | 0.27x | 4.49x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- MCKESSON GLOBAL PROCUREMENT & SOURCING LIMITED 2014-11-14 → present
- MCKESSON GLOBAL SOURCING LIMITED 2014-07-23 → 2014-11-14
- COUGAR I UK LIMITED 2013-10-02 → 2014-07-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte Ireland LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- MCKESSON GLOBAL PROCUREMENT & SOURCING LIMITED · parent
- McKesson UK Finance V Limited 100%
Significant events
- “In January 2026, the Company sold its subsidiary MES to McKesson International Holdings IV S.a.r.l., resulting in a gain of $595m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2013-10-18 | — | — |
| BODEREAU, Francois | Director | 2023-03-31 | Oct 1968 | British |
| EVANGELISTA, David | Director | 2022-11-01 | Mar 1973 | American |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HACKWOOD SECRETARIES LIMITED | Corporate Secretary | 2013-10-02 | 2013-10-18 |
| BOGAN, Willie C. | Director | 2013-10-18 | 2014-06-10 |
| ESTEY JR., Roger Wade | Director | 2013-10-18 | 2018-07-27 |
| FACTOR, Saul David | Director | 2014-06-19 | 2016-05-16 |
| FRAGIE, John Wallace | Director | 2014-08-07 | 2017-08-17 |
| JULIAN, Paul Coleman | Director | 2014-06-19 | 2018-01-02 |
| KETTLER, Kevin Richard | Director | 2016-06-22 | 2019-01-01 |
| MCCOMB, Stanton | Director | 2018-01-02 | 2023-06-30 |
| NEWCOMBE, Paul Alan | Director | 2013-10-02 | 2013-10-18 |
| STEPHENS III, Jack Thomas | Director | 2019-01-01 | 2022-07-15 |
| THOMAS, Gareth Bryn | Director | 2018-07-28 | 2023-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mckesson Corporation | Corporate entity | Significant influence | 2016-12-27 | Active |
| Mckesson Uk Finance Ii Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2016-12-27 |
Filing timeline
Last 20 of 96 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-03-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-11-14 | AA | accounts | Accounts with accounts type full | |
| 2025-10-17 | CH01 | officers | Change person director company with change date | |
| 2025-10-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-10 | AA | accounts | Accounts with accounts type full | |
| 2024-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-03 | AD02 | address | Change sail address company with old address new address | |
| 2024-01-18 | AA | accounts | Accounts with accounts type full | |
| 2023-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | CH01 | officers | Change person director company with change date | |
| 2023-10-13 | CH01 | officers | Change person director company with change date | |
| 2023-07-31 | CH04 | officers | Change corporate secretary company with change date | |
| 2023-07-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-24 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-03-24 | SH20 | capital | Legacy | |
| 2023-03-24 | CAP-SS | insolvency | Legacy | |
| 2023-03-24 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.