Piramal Healthcare UK Limited

Manufacture of pharmaceutical preparations · Morpeth

ActiveUnited KingdomIncorporated 2005Private Limited Company

Financial position

Accounts to 2025-12-31 · GBP · Company accounts

Net assets

£9,631,140

Cash

£238,000

Turnover

£94,880,189

Profit / loss

−£25,030,601

Current assets

£45,305,554

Creditors < 1 year

£101,754,971

Equity

£9,631,140

Average employees

718

GBP · company

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2025-12-31Company · AI-read	2024-12-31Company · AI-read
Balance sheet
Net assets	£9,631,140	£34,661,741
Equity	£9,631,140	£34,661,741
Share capital	£23,232,501	£23,232,501
Retained earnings	−£13,601,361	£11,429,240
Assets
Fixed assets	£88,865,847	£97,573,502
Intangible assets	£4,797,201	£11,484,621
Property, plant & equipment	£84,068,646	£86,088,881
Current assets	£45,305,554	£57,741,139
Cash at bank	£238,000	£426,526
Debtors	£15,743,584	£26,846,471
Stock	£29,323,970	£30,468,142
Liabilities
Creditors within one year	£101,754,971	£91,459,448
Creditors after one year	£22,785,290	£29,193,452
Capital commitments	£1,250,101	—
Net current assets	−£56,449,417	−£33,718,309
Assets less current liabilities	£32,416,430	£63,855,193
Profit & loss
Turnover	£94,880,189	£93,271,417
Cost of sales	£40,334,494	£43,073,461
Gross profit	£54,545,695	£50,197,956
Distribution costs	£978,895	£1,335,449
Administrative expenses	£77,384,263	£74,029,315
Other operating income	£4,567,125	£4,331,757
Operating profit	−£19,250,338	−£20,835,051
Interest payable	£5,314,873	£4,152,129
Profit before tax	−£24,565,211	−£24,987,180
Tax	−£465,390	−£76,853
Profit / loss	−£25,030,601	−£25,064,033
Operating costs
Audit fees	£55,950	£54,200
People & pay
Average employees	718	697
Directors' remuneration	£939,175	£855,229
Highest paid director	£374,476	£265,960
Source evidence	View filing	View filing

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Subsidiaries (1)

Turnover by segment (5)

Sale of goods: 68,672,176 (2025-12-31)
Rendering of services: 26,208,013 (2025-12-31)
UK: 1,595,407 (2025-12-31)
Europe: 43,994,594 (2025-12-31)
Rest of world: 49,290,188 (2025-12-31)

Related parties (4)

Piramal Healthcare Pension Trustees Limited · sole subsidiary · investment
Piramal Healthcare Pension Trustees Limited · fellow group undertaking · unsecured loans due · £61,379,863
Piramal Corporate Services Limited · entity controlled by members of the Key Management Personnel of Piramal Pharma Limited · royalty charges incurred · £692,397
Piramal Corporate Services Limited · entity controlled by members of the Key Management Personnel of Piramal Pharma Limited · amount outstanding, included in amounts due to fellow group undertakings · £331,519

Borrowings (4)

Bank overdrafts · 132,439 · secured on secured by a fixed charge over the company’s freehold and leasehold property
Other borrowings (invoice financing arrangement with a bank) · - · interest free for remaining amounts · repayable on demand · secured on unsecured
Bank borrowings due within one year · 1,680,000 · due within one year · secured on guarantee provided by Piramal Pharma Limited
Bank loan · £16.8m · 1.990% per annum over the Bank of England Base Rate · quarterly instalments commencing in December 2024; final repayment due in December 2030 · secured on Standard Security over the leasehold property at the company’s Grangemouth site

Share classes (1)

Contingent liabilities (2)

Guarantee by the bank in favour of HM Revenue & Customs for £703,790.
A guarantee by the bank in favour of HSBC Bank USA N.A. for $2,000,000 towards the overdraft facility taken by a fellow group undertaking.