PIONEER UK MIDCO 2 LIMITED
Get an alert when PIONEER UK MIDCO 2 LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2026-06-15 (in 1mo)
Last made up 2025-06-01
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£358M
USD 478,731,000
0% vs 2024
Employees
—
Average over period
Profit before tax
£514M
USD 687,896,000
Period ending 2025-06-30
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | £514,237,871 | |
| Profit before tax | — | £514,237,871 | |
| Net profit | — | £514,237,871 | |
| Cash | — | — | |
| Total assets less current liabilities | £357,930,029 | £357,930,029 | |
| Net assets | £357,876,205 | £357,876,205 | |
| Equity | £357,876,205 | £357,876,205 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
0%
£357,876,205 £357,876,205
-
Employees
—
Not reported
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Return on capital employed | — | 143.7% |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making reasonable enquiries and assessing forecasts (up to 31 December 2026) including severe, but plausible and downside scenarios, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. ... the directors have determined that the financial statements should be prepared on a going concern basis.”
Group structure
- PIONEER UK MIDCO 2 LIMITED · parent
- Pioneer UK Holdings Limited 100%
- Pioneer US Holdings II, Inc. 100%
- PCI Penn UK Holdco Limited 100%
- Biotec Services International Limited 100%
- AndersonBrecon (UK) Limited 100%
- Penn Pharma Group Limited 100%
- Penn Pharmaceuticals Services Limited 100%
- Packaging Coordinators Midco, Inc. 100%
- Packaging Coordinators, Inc. 100%
- Packaging Coordinators, LLC 100%
- AndersonBrecon Inc. 100%
- Pioneer Australia Holdings Pty Limited 100%
- Pharmaceuticals Packaging Professional Pty Limited 100%
- Millmount Healthcare Limited 100%
- Sherpa Clinical Packaging Services LLC 100%
- PCI Services Canada Inc 100%
- PCI San Diego, Inc. 100%
- PCI Pharma Services Germany 100%
- PCI Pharma Services New England, LLC 100%
- Lyo Lux Holdings, Inc 100%
- Lyo Lux, Inc 100%
- LSNE - Real Estate, LLC 100%
- Lyophilization Services of New England, Inc 100%
- LSNE Madison, LLC 100%
- LSNE Contract Manufacturing - Spain 100%
- LSNE - Leon S.L.U. 100%
Significant events
- “On 24 January 2025 the board approved a plan to refinance the Group's debt structure which include a repayment of the the preferred equity that resided at the Parent Company level.”
- “On 11 July 2025, the current owners of the Parent Company (KPCI Holding Ltd.) entered into a recapitalisation agreement with Maverick Intermediate Holdings Limited (buyer), valuing the Group at approximately $9.8bn. Following regulatory approval, the recapitalisation took place on 15 October 2025.”
- “On 15 October 2025, the Company received dividends from its fully owned subsidiaries Pioneer UK Holdings Limited and Pioneer US Holdings II, Inc. in the amount of $295,332,550 and $500,457,639, respectively. Then, as a part of the recapitalization of the Parent Company, A dividend was then issued for $795,790,189 to the Company's immediate parent Pioneer UK Midco 2 Limited, which was ultimately distributed to the ultimate parent KPCI Holdings Ltd. as a part of the recapitalization transaction.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CLS (UK) LIMITED | Corporate Secretary | 2025-09-04 | — | — |
| DE WEERDT, Tom Wim Frans | Director | 2021-03-10 | May 1972 | Belgian |
| HAFFAR, Salim | Director | 2018-09-20 | Apr 1973 | French |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAPITAL LAW AND PEOPLE LIMITED | Corporate Secretary | 2016-07-01 | 2025-09-04 |
| BLUMENFELD, Mitchell Eric | Director | 2016-07-01 | 2018-06-02 |
| DUPUIS, Serge | Director | 2019-06-26 | 2021-03-10 |
| HAUSER, Remy | Director | 2016-07-01 | 2020-11-30 |
| JOHN, Sujit | Director | 2016-06-02 | 2020-11-30 |
| LORITE, Carlos Sanz | Director | 2016-06-02 | 2016-07-01 |
| MITCHELL III, William T | Director | 2016-07-01 | 2019-06-26 |
| SCHWARTZ, Joel Todd | Director | 2016-06-02 | 2016-07-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pioneer Uk Midco 1 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-02 | Active |
Filing timeline
Last 20 of 74 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-23 RESOLUTIONS Resolution
- 2025-10-23 MA Memorandum articles
- 2025-01-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-19 | AA | accounts | Accounts with accounts type full | |
| 2025-10-23 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-23 | MA | incorporation | Memorandum articles | |
| 2025-10-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-13 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-16 | CH01 | officers | Change person director company with change date | |
| 2025-04-03 | AA | accounts | Accounts with accounts type full | |
| 2025-01-29 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-01-28 | SH20 | capital | Legacy | |
| 2025-01-28 | CAP-SS | insolvency | Legacy | |
| 2025-01-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-27 | SH01 | capital | Capital allotment shares | |
| 2025-01-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-25 | CH01 | officers | Change person director company with change date | |
| 2024-06-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-04-22 | CH01 | officers | Change person director company with change date | |
| 2024-03-13 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 3
- 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.