MSI REPRODUCTIVE CHOICES
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Cash
£85m
+8.8% highest in 3 filed years
Net assets
£259m
+1.2% highest in 3 filed years
Employees
9,153
+4.9% highest in 3 filed years
Profit before tax
—
Period ending 2025-12-31
Net assets
3-year trend · vs Health Care 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 | £153,530,000 | £162,189,000 | £170,749,000 | +5.3% | |
| Operating profit | £96,741,000 | £6,970,000 | — | — | |
| Profit before tax | £101,997,000 | £15,947,000 | — | — | |
| Net profit | £101,997,000 | £15,947,000 | £12,816,000 | -19.6% | |
| Cash | £69,149,000 | £77,856,000 | £84,694,000 | +8.8% | |
| Total assets less current liabilities | £255,309,000 | £264,478,000 | £267,070,000 | +1% | |
| Net assets | £245,567,000 | £255,602,000 | £258,779,000 | +1.2% | |
| Equity | £245,567,000 | £255,602,000 | £258,779,000 | +1.2% | |
| Average employees | 8,830 | 8,724 | 9,153 | +4.9% | |
| Wages | £104,959,000 | £104,913,000 | £111,888,000 | +6.6% | |
| 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 | 63.0% | 4.3% | — | |
| Net margin | 66.4% | 9.8% | 7.5% | |
| Return on capital employed | 37.9% | 2.6% | — | |
| Gearing (liabilities / total assets) | 30.3% | 28.4% | 30.5% | |
| Current ratio | 3.12x | 3.28x | 2.93x | |
| Interest cover | — | 0.19x | — |
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 4 times since incorporation
- MSI REPRODUCTIVE CHOICES 2020-11-26 → present
- MSI REPRODUCTIVE CHOICES LTD 2020-11-15 → 2020-11-26
- MARIE STOPES INTERNATIONAL 1991-08-12 → 2020-11-15
- MARIE STOPES INTERNATIONAL LIMITED 1991-04-02 → 1991-08-12
- POPULATION SERVICES FAMILY PLANNING PROGRAMME LIMITED 1973-03-16 → 1991-04-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In forming their going concern assessment, the trustees considered forecast cash flows, including a severe but plausible downside scenario, together with the group's ability to respond to adverse conditions through cost management, operational flexibility and the availability of adequate reserves.”
Group structure
- MSI REPRODUCTIVE CHOICES · parent
- Options Consultancy Services
- Options for International Health
- Options Consultancy Services Kenya Limited
- MS Health Pty Ltd
- MSI Asia Pacific
- MS Clinic Society
- Marie Stopes Bangladesh
- Ying Ao Si Te Medical Technology PTY Ltd
- Foundation for Reproductive Health Services India
- Sarvajan Unnati Bodhini India
- ISM Corporation Private Limited
- Population Health Services
- Marie Stopes Kenya (NGO)
- Marie Stopes Kenya (LTD)
- Marie Stopes Madagascar
- MS Properties Ltd
- Banja La Mtsogolo
- Marie Stopes Mexico AC
- Fundacion Marie Stopes Mexico
- Proteccion Y Salud Farmaceutica
- MSICC LLC
- Marie Stopes Services Pvt Ltd
- Marie Stopes Product and Trading
- Sunaulo Parivar Nepal
- Triar Expertos en Salud S.R.L
- MSI Nigeria Reproductive Choices
- Marie Stopes Society
- CSM Pakistan (Guarantee) Ltd
- Marie Stopes Papua New Guinea Inc
- Fundatia Marie Stopes International Romania (FMSIR)
- Marie Stopes Sierra Leone
- Marie Stopes South Africa
- Population Services Lanka
- MSI Tanzania
- MSI Reproductive Choices Uganda Limited
- MSI US
- Vietnam Centre for Community Reproductive Health
- Bach Khang Vietnam Co Ltd
- Dr Marie Company
- Yamaan Foundation for Health & Social Development
- Yamaan Al-Atta
- MSI Reproductive Choices Zambia
- Population Services Zimbabwe
- Other non-significant entities
Significant events
- “2025 started with a new US administration and the dissolution of USAID, with close to $9 billion cut from global health and development. We saw other governments reducing their international development budgets, with a 21% decrease in total global aid funding in a single year.”
- “US President Trump reinstated the anti-abortion global gag rule – MSI lost $15 million of funding because we provide abortion. We launched an emergency fundraising campaign.”
- “USAID was dismantled: headquarters closed, financial systems taken down, and staff contracts terminated. Programmes ceased across 10,000+ organisations in over 120 countries.”
- “The US administration confirmed a plan to destroy $10m of contraceptive supplies, destined for women in low-income countries. MSI offered to distribute them; we were denied.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BILGRAMI, Mohsina Ahsan, Doctor | Director | 2015-08-25 | Nov 1951 | Pakistani |
| BRAEKEN, Franki Nicolas | Director | 2016-11-21 | Jan 1960 | Belgian |
| DUBY, Fiona Margaret | Director | 2019-05-23 | May 1950 | British,French |
| HOLT, Tania Zulu | Director | 2023-09-29 | Aug 1984 | Danish,Mozambican |
| KEELING, Ann Veronica | Director | 2025-06-15 | Apr 1956 | British |
| MORRIS, Claire Emma | Director | 2015-03-23 | Jul 1972 | British |
| RUTTER, Kristin Anne, Dr | Director | 2011-10-13 | Jun 1976 | British |
| SIDIBE, Myriam Assa, Dr | Director | 2022-01-04 | Feb 1976 | French |
| SLACK, Mark Clifford | Director | 2024-01-01 | Jul 1957 | Irish |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLACK, Timothy Reuben Ladbroke, Dr | Secretary | — | 2007-02-26 |
| COUPER, Amanda | Secretary | 2018-04-01 | 2019-09-27 |
| SOLSCAN LIMITED | Corporate Secretary | 2007-02-26 | 2016-12-31 |
| AHMED, Yasmin Hemayet | Director | 2007-10-15 | 2008-06-10 |
| AWITI, Cyprian | Director | 2006-10-09 | 2010-09-29 |
| BILGRAMI, Mohsina Ahsan, Dr | Director | 2009-02-01 | 2011-10-25 |
| BLACK, Timothy Reuben Ladbroke, Dr | Director | 2007-01-01 | 2014-12-11 |
| BURKHART, Glenda Kay | Director | 2020-03-06 | 2024-06-05 |
| FLATHER, Shreela, Baroness | Director | 1996-02-13 | 2017-03-06 |
| FYNN NYAME, Faustina | Director | 2013-11-18 | 2016-09-01 |
| GOULD, Joyce Brenda, Baroness | Director | 1996-02-13 | 1997-06-30 |
| HARVEY, Philip Dow | Director | — | 2021-12-02 |
| LOGAN, David William | Director | 1994-02-08 | 2005-10-12 |
| NANAYAKKARA, Atula | Director | 2004-10-13 | 2006-10-09 |
| PEREIRA, Sir Charles | Director | — | 2002-09-17 |
| PERNITO, Virgilio | Director | 2012-03-05 | 2015-03-23 |
| ROBSON, Inga Stina, Baroness Robson Of K | Director | — | 1998-09-15 |
| RUTTER, Timothy Morton | Director | 2020-02-14 | 2020-03-06 |
| RUTTER, Timothy Morton | Director | 1997-09-16 | 2020-02-14 |
| SEARCH, Jess | Director | 2016-07-29 | 2023-07-31 |
| SEEAR, Beatrice Nancy, Baroness | Director | — | 1997-04-01 |
| SMITHAM, Peter | Director | 2009-02-01 | 2012-05-22 |
| STANFORD, Edgar William | Director | — | 2008-03-11 |
| STOPES, Catherine | Director | 2002-09-17 | 2007-10-15 |
| TAVERNE, Suzanna | Director | 2018-01-15 | 2018-11-06 |
| WORDOFA, Getachew Bekele | Director | 2010-11-17 | 2013-11-18 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 219 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-07-05 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-23 | AA | accounts | Accounts with accounts type group | |
| 2026-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-03 | AA | accounts | Accounts with accounts type full | |
| 2025-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-02 | AA | accounts | Accounts with accounts type group | |
| 2024-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-11 | AA | accounts | Accounts with accounts type group | |
| 2023-08-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-05 | MA | incorporation | Memorandum articles | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-22 | AA | accounts | Accounts with accounts type group | |
| 2022-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-18 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-08 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-29 | AA | accounts | Accounts with accounts type group |
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.