THE PHYSIOLOGICAL SOCIETY
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Cash
£5.4m
+137.1% highest in 3 filed years
Net assets
£20m
+18.4% highest in 3 filed years
Employees
23
0% vs 2024
Profit before tax
£2.8m
+163.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
In anticipation of this transition, the Trustees intend that the current legal entity will cease operations following the transfer. Accordingly, notwithstanding the Society's strong financial position, the Trustees have determined that it is appropriate to prepare these financial statements on a basis other than going concern, solely due to the planned transfer of activities to the new Chartered entity.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Consumer Discretionary median
THE PHYSIOLOGICAL SOCIETY·Consumer Discretionary median
THE PHYSIOLOGICAL SOCIETY·Consumer Discretionary median
THE PHYSIOLOGICAL SOCIETY·Consumer Discretionary median
THE PHYSIOLOGICAL SOCIETY·Consumer Discretionary median
THE PHYSIOLOGICAL SOCIETY·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 | £4,330,000 | £4,047,000 | £6,305,000 | +55.8% | |
| Operating profit | £432,000 | £1,070,000 | — | — | |
| Profit before tax | — | £1,070,000 | £2,824,000 | +163.9% | |
| Net profit | £379,000 | £717,000 | £3,095,000 | +331.7% | |
| Cash | £1,692,000 | £2,273,000 | £5,390,000 | +137.1% | |
| Total assets less current liabilities | £16,141,000 | £16,858,000 | — | — | |
| Net assets | £16,141,000 | £16,858,000 | £19,953,000 | +18.4% | |
| Equity | £16,141,000 | £16,858,000 | £19,953,000 | +18.4% | |
| Average employees | 25 | 23 | 23 | 0% | |
| Wages | £1,190,000 | £1,240,000 | £1,202,000 | -3.1% | |
| Directors' remuneration | — | £0 | £0 | — |
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 | 10.0% | 26.4% | — | |
| Net margin | 8.8% | 17.7% | 49.1% | |
| Return on capital employed | 2.7% | 6.3% | — | |
| Gearing (liabilities / total assets) | 16.9% | 17.7% | — | |
| Current ratio | 1.54x | 1.73x | 7.38x | |
| Interest cover | 43.20x | 20.98x | — |
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
- THE PHYSIOLOGICAL SOCIETY 2014-07-15 → present
- PHYSIOLOGICAL SOCIETY(THE) 1937-01-27 → 2014-07-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“In anticipation of this transition, the Trustees intend that the current legal entity will cease operations following the transfer. Accordingly, notwithstanding the Society's strong financial position, the Trustees have determined that it is appropriate to prepare these financial statements on a basis other than going concern, solely due to the planned transfer of activities to the new Chartered entity.”
Significant events
- “Foremost among this year's achievements was the granting of a Royal Charter.”
- “The Society also played a prominent role in global conversations through delivery of the Global Climate and Health Summit.”
- “In December 2024, the Society was awarded a grant from the Wellcome Trust of up to £169,545 to support The Health Climate Summit which will take place on Wednesday 16 July to Thursday 17 July 2025. The funds were fully utilised in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 176 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CASSIDY, Féaron Clare, Dr | Director | 2024-11-29 | Feb 1988 | Irish |
| GRAY, Stuart Robert | Director | 2025-12-04 | May 1980 | British |
| HALL, Catherine Naledi, Dr | Director | 2021-11-19 | Jul 1979 | British |
| KELLY, Áine, Professor | Director | 2021-11-19 | Oct 1974 | Irish |
| MARINA-GONZALEZ, Nephtali, Dr | Director | 2022-12-03 | Dec 1974 | British,Mexican |
| MARSHALL, Richard Peter, Dr | Director | 2024-01-01 | Feb 1967 | British |
| MCLOUGHLIN, Paul, Professor | Director | 2021-12-08 | Dec 1958 | Irish |
| MONTGOMERY, Hugh Edward, Professor | Director | 2022-12-03 | Oct 1962 | British |
| PARKER, Andrew John, Professor | Director | 2022-12-03 | Jan 1954 | British |
| TIPTON, Michael John, Professor | Director | 2021-12-08 | Mar 1959 | British |
| WYLLIE, David James Angus, Professor | Director | 2024-12-03 | Nov 1966 | British |
Show 176 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOYD, Charles Adam Richard, Dr | Secretary | 1993-07-01 | 1996-07-05 |
| COTTERRELL, David | Secretary | — | 1993-07-01 |
| EARLY, Casey Richard | Secretary | 2011-05-19 | 2019-12-10 |
| EARLY, Casey Richard | Secretary | 2005-08-19 | 2007-05-17 |
| KELLAS, Simon David | Secretary | 2007-05-18 | 2011-05-19 |
| LEWIS, Mary Elizabeth | Secretary | 2000-02-01 | 2001-11-22 |
| MURRAY, Grace | Secretary | 1999-07-14 | 2000-02-01 |
| SEWELL, David | Secretary | 2001-11-22 | 2005-08-19 |
| STANFIELD, Peter Robert, Professor | Secretary | 1996-07-05 | 1999-07-14 |
| AARONSON, Philip Irving, Dr | Director | 2014-07-01 | 2018-09-16 |
| ABBOTT, Nancy Joan, Dr | Director | 1993-07-01 | 2000-08-31 |
| APPENTENG, Kwabena | Director | — | 1996-07-05 |
| ASHCROFT, Frances Mary, Professor | Director | 1996-07-05 | 1999-07-14 |
| ASHMORE, Jonathan Felix, Professor | Director | 2010-07-01 | 2014-07-01 |
| ASHMORE, Jonathan Felix, Professor | Director | 2005-07-21 | 2009-07-08 |
| ATHERTON, John Chesters | Director | — | 1993-07-01 |
| ATTWELL, David Ian, Professor | Director | 2020-11-20 | 2024-11-29 |
| ATTWELL, David Ian, Professor | Director | 1994-07-07 | 1998-09-10 |
| BAINES, Deborah Louise, Prof | Director | 2014-07-01 | 2021-11-19 |
| BEWICK, Guy Smith, Dr | Director | 2015-07-07 | 2019-07-10 |
| BLAKEMORE, Colin Brian, Professor | Director | 2001-09-03 | 2003-09-11 |
| BOLSOVER, Steve, Prof | Director | 2009-10-09 | 2013-07-24 |
| BOYD, Charles Adam Richard, Dr | Director | 2000-09-01 | 2001-09-06 |
| BOYD, Charles Adam Richard, Dr | Director | 1993-07-01 | 1996-07-05 |
| BRAYSON, Daniel James Alan, Dr | Director | 2020-11-20 | 2024-11-29 |
| BROUGHTON PIPKIN, Fiona, Professor | Director | 1998-09-10 | 2000-08-31 |
| BROWN, David Anthony, Professor | Director | 1998-09-10 | 2003-12-18 |
| BURDYGA, Theodor, Dr | Director | 2010-07-01 | 2011-03-24 |
| BURTON, Rebecca Ann Beatrice, Dr | Director | 2011-07-13 | 2015-07-07 |
| CASE, Richard Maynard, Professor | Director | 1996-07-05 | 2000-08-31 |
| CLARKE, Robert William | Director | 1998-09-10 | 2003-09-11 |
| CLOUGH, Geraldine Frances, Dr | Director | 2000-09-01 | 2004-09-02 |
| COLLEDGE, William Henry, Prof | Director | 2011-07-13 | 2015-07-07 |
| COOTE, John Haven, Professor | Director | 2000-09-05 | 2005-07-21 |
| CORFIELD, Douglas Richard, Dr | Director | 2003-09-11 | 2008-07-17 |
| COTTER, Mary | Director | 2001-09-03 | 2002-09-10 |
| COTTERRELL, David | Director | — | 1993-07-01 |
| CRIPPS, John Heaton | Director | 2019-12-11 | 2024-01-01 |
| DE WET, Heidi, Professor | Director | 2021-11-19 | 2025-12-04 |
| DE WINTER, Patricia, Doctor | Director | 2008-07-17 | 2012-07-05 |
| DEUCHARS, Susan Alexandra, Dr | Director | 2013-07-24 | 2021-11-19 |
| DIMALINE, Rodney, Professor | Director | 2009-07-08 | 2013-07-24 |
| DIMALINE, Rodney, Professor | Director | 2001-09-03 | 2005-07-21 |
| DOCKRAY, Graham John, Professor | Director | — | 1994-07-07 |
| DOLPHIN, Annette Catherine, Professor | Director | 2022-12-03 | 2025-12-31 |
| DOLPHIN, Annette Catherine | Director | — | 1994-07-07 |
| DONALDSON, Lucy Frances, Professor | Director | 2013-07-24 | 2018-12-31 |
| DOW, Julian Alexander Thomas, Professor | Director | 2009-10-02 | 2013-07-24 |
| DUNNE, Mark Jon, Dr | Director | 1997-09-03 | 2002-09-11 |
| DYBALL, Richard Eric Jakens | Director | 1994-07-07 | 1997-09-03 |
| DYBALL, Richard Eric Jakens | Director | — | 1993-07-01 |
| EGGINTON, Stuart, Dr | Director | 2009-07-08 | 2013-07-24 |
| EISNER, David Alfred, Professor | Director | 2014-07-01 | 2018-09-16 |
| EISNER, David Alfred, Professor | Director | 2003-12-18 | 2007-11-22 |
| EISNER, David Alfred, Professor | Director | — | 1993-07-01 |
| ELLAWAY, Peter Harry | Director | — | 1995-07-13 |
| ELLORY, John Clive, Professor | Director | 1996-07-05 | 2000-08-31 |
| EVANS, Michael Geoffrey, Dr | Director | 2011-07-13 | 2015-07-07 |
| FITZJOHN, Stephen Michael, Dr | Director | 2002-09-11 | 2003-09-11 |
| FORMENTI, Federico, Dr | Director | 2016-07-31 | 2020-11-20 |
| FRY, Christopher Henry, Professor | Director | 1993-07-01 | 2002-09-11 |
| GILLESPIE, James Innes, Doctor | Director | — | 2000-08-31 |
| GLADWELL, Valerie Frances, Dr | Director | 2006-07-05 | 2010-07-01 |
| GRAY, Michael Arthur, Dr | Director | 1997-09-03 | 2001-09-06 |
| GREEN, Lucy Rebecca, Dr | Director | 2020-11-20 | 2024-11-29 |
| GREEN, Roger, Professor | Director | 1993-07-01 | 1997-09-03 |
| GREENHAFF, Paul Leonard, Professor | Director | 2005-07-21 | 2008-07-17 |
| GRUBB, Blair David, Dr | Director | 2012-07-05 | 2016-07-31 |
| GUZ, Abraham | Director | — | 1995-07-13 |
| HAIGH, Charlotte | Director | 2017-07-12 | 2021-11-19 |
| HALL, Sarah Kathryn, Dr | Director | 2016-07-31 | 2020-11-20 |
| HALL, Sarah Kathryn, Dr | Director | 2005-07-21 | 2008-07-17 |
| HALL, Sarah Kathryn, Dr | Director | 2002-09-11 | 2004-09-02 |
| HANRAHAN, John William, Professor | Director | 2005-07-21 | 2009-07-08 |
| HARRIS, Judy Rosemary, Professor | Director | 2012-07-05 | 2016-07-31 |
| HARRISON, Patrick Thomas, Dr | Director | 2004-09-02 | 2007-05-16 |
| HARRISON, Philip John, Dr | Director | 1994-07-07 | 2001-09-06 |
| HARVEY, Brian Joseph, Professor | Director | 1996-07-05 | 2000-08-31 |
| HIRST, Barry Hugo, Professor | Director | 1997-09-03 | 2002-09-11 |
| HUNTER, Malcolm, Dr | Director | 2000-09-01 | 2004-09-02 |
| JACK, James Julian Bennett, Professor | Director | 1997-09-03 | 2002-09-11 |
| JONES, James, Dr | Director | 2005-07-21 | 2006-07-05 |
| JONES, Susan, Doctor | Director | 2008-07-17 | 2012-07-05 |
| KEMP, John Alan | Director | — | 1993-07-01 |
| KHAN, Raheela, Professor | Director | 2018-09-16 | 2022-12-03 |
| KIDD, Cecil | Director | — | 1994-07-07 |
| KING, Anne Elizabeth, Professor | Director | 2013-07-24 | 2017-07-12 |
| KING, Anne Elizabeth, Professor | Director | — | 2008-01-22 |
| KUMAR, Prem, Professor | Director | 2013-07-24 | 2017-05-31 |
| KUMAR, Prem, Professor | Director | 2006-07-05 | 2010-07-01 |
| KUMAR, Prem | Director | 2000-09-01 | 2004-09-02 |
| LARGE, William Abbott, Professor | Director | 2005-07-21 | 2008-07-17 |
| LEE, John, Dr | Director | 2005-07-21 | 2006-07-05 |
| LEE, John, Dr | Director | 2002-09-01 | 2004-09-02 |
| LENG, Gareth | Director | — | 1995-07-13 |
| LIGHTMAN, Stafford Louis, Professor | Director | 2005-07-21 | 2008-07-17 |
| LOVICK, Thelma Anderson, Dr | Director | 1999-07-14 | 2003-09-11 |
| LUDWIG, Mike, Professor | Director | 2013-07-24 | 2017-07-12 |
| LUMB, Bridget Margaret, Prof | Director | 2016-07-31 | 2020-11-20 |
| LUMB, Bridget Margaret, Prof | Director | 2001-09-06 | 2006-07-05 |
| LUMB, Bridget Margaret, Prof | Director | 1994-07-07 | 2000-08-31 |
| MANN, Giovanni Enrico, Professor | Director | 2003-09-11 | 2006-07-05 |
| MANN, Giovanni Enrico, Professor | Director | 1998-09-10 | 2002-09-11 |
| MARSHALL, Janice Mary | Director | — | 1996-02-08 |
| MAUGHAN, Ronald John | Director | 2000-09-15 | 2004-09-02 |
| MCGEOWN, Graham, Professor | Director | 2016-07-31 | 2020-11-20 |
| MCGEOWN, James Graham, Dr | Director | 2005-07-21 | 2009-07-08 |
| MCGEOWN, James Graham, Dr | Director | 2001-09-03 | 2004-09-02 |
| MCGRATH, John Christie | Director | 2004-09-02 | 2012-07-05 |
| MCGRATH, John Christie | Director | — | 1994-07-07 |
| MCHALE, Noel Gerald | Director | — | 1996-02-09 |
| MCWILLIAM, Peter Neil, Professor | Director | 2000-09-05 | 2002-09-11 |
| MILLER, David John | Director | — | 1996-07-05 |
| MORRELL, Mary, Professor | Director | 2009-07-08 | 2016-07-31 |
| NOBLE, Denis, Professor | Director | — | 1994-07-07 |
| NORTH, Richard Alan, Professor | Director | 2003-09-11 | 2006-07-05 |
| NORTH, Richard Alan, Professor | Director | 1996-07-05 | 2000-08-31 |
| O'HALLORAN, Ken, Professor | Director | 2012-07-05 | 2017-03-20 |
| OLVER, Richard Edmund, Professor | Director | 1995-07-13 | 1999-07-14 |
| ORCHARD, Clive Howard, Professor | Director | 2004-09-02 | 2010-07-01 |
| ORCHARD, Clive Howard, Professor | Director | 1995-07-13 | 1999-07-14 |
| PATERSON, David James, Professor | Director | 2018-09-16 | 2022-12-03 |
| PEERS, Chris, Professor | Director | 2003-09-11 | 2004-09-02 |
| PETERSEN, Ole Holger, Professor | Director | 2006-07-05 | 2008-07-17 |
| PETERSEN, Ole Holger | Director | — | 1998-09-10 |
| POSTON, Lucilla, Professor | Director | 2005-07-21 | 2006-07-05 |
| POSTON, Lucilla, Professor | Director | 2002-09-11 | 2004-09-02 |
| RANG, Humphrey Peter, Professor | Director | — | 1993-07-01 |
| RENNIE, Michael John | Director | 2001-09-03 | 2005-07-21 |
| RIBCHESTER, Richard Roland, Dr | Director | 1994-07-07 | 1998-09-10 |
| RICCARDI, Daniela, Dr | Director | 2001-09-06 | 2004-09-02 |
| ROBSON, Louise, Doctor | Director | 2008-07-17 | 2012-07-05 |
| SAGE, Stewart Onan, Dr | Director | 2011-07-13 | 2015-07-07 |
| SAGE, Stewart Onan, Dr | Director | 2002-05-03 | 2005-07-21 |
| SCHWIENING, Christof Jurgen, Doctor | Director | 2005-07-21 | 2009-07-08 |
| SENGPIEL, Frank, Professor | Director | 2015-07-07 | 2022-12-03 |
| SHEADER, Elizabeth Anne, Dr | Director | 2017-07-12 | 2021-11-19 |
| SHIELS, Holly, Professor | Director | 2015-07-07 | 2019-07-10 |
| SHIPSTON, Michael, Professor | Director | 2009-07-08 | 2014-07-01 |
| SIVILOTTI, Lucia Giulia, Professor | Director | 2012-07-05 | 2016-07-31 |
| SMAJE, Laurence Hetherington, Dr | Director | — | 1996-07-05 |
| SMIRNOV, Sergey, Dr | Director | 2005-07-21 | 2007-07-17 |
| SMIRNOV, Sergey, Dr | Director | 2003-09-11 | 2004-09-02 |
| SMITH, Godfrey, Professor | Director | 2007-07-11 | 2009-07-08 |
| SMITH, Godfrey, Professor | Director | 1999-07-14 | 2003-09-11 |
| SPYER, Kenneth Michael, Professor | Director | 2008-07-17 | 2012-07-05 |
| STANDEN, Nicholas Beresford | Director | — | 1994-07-07 |
| STANFIELD, Peter Robert, Professor | Director | 1995-07-13 | 1999-07-14 |
| SUGDEN, David, Doctor | Director | 2005-07-21 | 2009-07-08 |
| TAYLOR, Matthew Benjamin | Director | 2018-09-16 | 2022-12-03 |
| TEPIKIN, Alexei Valerevich, Professor | Director | 2005-07-21 | 2009-07-08 |
| THORNBURY, Keith Douglas, Dr | Director | 2003-09-11 | 2007-07-17 |
| THWAITES, David Thomas, Professor | Director | 2012-07-05 | 2015-07-07 |
| TIFFERT, Joan Teresa, Dr | Director | 2005-07-21 | 2009-07-08 |
| TRAFFORD, Andrew William, Professor | Director | 2009-07-08 | 2013-07-24 |
| TRAPP, Stefan, Dr | Director | 2017-07-12 | 2021-11-19 |
| TRIBE, Rachel Marie, Dr | Director | 2013-07-24 | 2019-07-10 |
| VAUGHAN- JONES, Richard David, Professor | Director | 2012-07-05 | 2016-07-31 |
| VAUGHAN-JONES, Richard David, Professor | Director | 2002-09-11 | 2004-09-02 |
| VAUGHAN-JONES, Richard David, Professor | Director | — | 1996-07-05 |
| VERICHRATSKY, Alexei, Prof | Director | 2005-07-21 | 2006-07-05 |
| VERICHRATSKY, Alexei, Prof | Director | 2002-09-11 | 2004-09-02 |
| WALTERS, Dafydd Vaughan, Professor | Director | 1999-07-14 | 2004-09-02 |
| WARD, Jeremy Patrick Thomas, Professor | Director | 2008-07-17 | 2012-07-05 |
| WARD, Jeremy Patrick Thomas, Professor | Director | 1999-07-14 | 2005-07-21 |
| WARD, Susan Ann, Professor | Director | 1998-09-10 | 2002-09-11 |
| WHIPP, Brian James | Director | 1993-07-01 | 1997-09-03 |
| WHITE, Michael, Dr | Director | 2009-07-08 | 2013-07-24 |
| WHITE, Stanley John | Director | 2001-09-03 | 2004-09-02 |
| WHITEHEAD, Saffron Ann, Dr | Director | 1994-07-07 | 1999-07-14 |
| WIDDICOMBE, John Guy | Director | — | 1996-07-05 |
| WINLOW, William, Professor | Director | 1999-07-14 | 2003-09-11 |
| WINPENNY, John Philip, Dr | Director | 2007-07-11 | 2011-07-13 |
| WRAY, Susan Christina, Professor | Director | 2000-08-31 | 2001-09-06 |
| WRAY, Susan Christina, Professor | Director | 1993-07-01 | 1997-09-03 |
| WYLLIE, David James Angus, Dr | Director | 2006-07-05 | 2014-07-01 |
Ownership
Persons with significant control
No persons with significant control on record.
Filing timeline
Last 20 of 574 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-24 | AA | accounts | Accounts with accounts type full | |
| 2026-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-08 | CH01 | officers | Change person director company with change date | |
| 2025-08-05 | AA | accounts | Accounts with accounts type full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-11 | CH01 | officers | Change person director company with change date | |
| 2024-01-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-16 | AA | accounts | Accounts with accounts type full | |
| 2023-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.