GENERICS (U.K.) LIMITED
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Cash
—
Latest balance sheet
Net assets
£74m
+10.6% highest in 3 filed years
Employees
265
-0.4% vs 2024
Profit before tax
£5.6m
-5.6% vs 2024
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 | £73,493,000 | £71,699,000 | £71,555,000 | -0.2% | |
| Operating profit | £1,783,000 | £1,979,000 | £2,029,000 | +2.5% | |
| Profit before tax | £4,994,000 | £5,908,000 | £5,579,000 | -5.6% | |
| Net profit | £4,181,000 | £4,380,000 | £4,100,000 | -6.4% | |
| Cash | £57,332,000 | £103,067,000 | — | — | |
| Total assets less current liabilities | £68,247,000 | £74,587,000 | £81,948,000 | +9.9% | |
| Net assets | £59,970,000 | £66,755,000 | £73,828,000 | +10.6% | |
| Equity | £59,970,000 | £66,755,000 | £73,828,000 | +10.6% | |
| Average employees | 246 | 266 | 265 | -0.4% | |
| Wages | £24,884,000 | £27,732,000 | £28,545,000 | +2.9% | |
| Directors' remuneration | £703,000 | £1,166,000 | £976,000 | -16.3% | |
| Directors' pension contributions | £69,000 | £73,000 | £68,000 | -6.8% | |
| Highest paid director | £381,000 | £567,000 | £406,524 | -28.3% |
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 | 2.4% | 2.8% | 2.8% | |
| Net margin | 5.7% | 6.1% | 5.7% | |
| Return on capital employed | 2.6% | 2.7% | 2.5% | |
| Gearing (liabilities / total assets) | 32.7% | 36.5% | 26.4% | |
| Current ratio | — | 3.43x | — |
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
- GENERICS (U.K.) LIMITED 1982-02-04 → present
- HACKREMCO (NO.59) LIMITED 1981-04-29 → 1982-02-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has obtained a letter of support from its ultimate parent company to provide financial support for the foreseeable future, being at least 12 months from the date of the approval of these financial statements, which would enable the company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due.”
Significant events
- “The directors have obtained legal advice in respect of claims lodged against the company and of contingent liabilities principally related to patent registration and litigation, as mentioned in notes 13 and 19.”
- “On 28 March 2023, bodies of the national health authorities in England & Wales served a claim in the U.K. Competition Appeals Tribunal (CAT) against parties to the European Commission's decision, including the Company, seeking monetary damages, plus interest, purportedly arising from the settlement agreements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DIXON, Caroline Rebecca Louise | Secretary | 2009-01-01 | — | British |
| DIXON, Caroline Rebecca Louise | Director | 2005-08-01 | May 1968 | British |
| KUNANANDAM, Suren | Director | 2024-02-20 | Dec 1977 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STOLZENBERG, Lawrence | Secretary | — | 1995-12-19 |
| TAITZ, Cecil Saul | Secretary | 2004-07-15 | 2008-12-31 |
| URWIN, Francis Michael John | Secretary | 1995-12-19 | 2000-01-01 |
| WHEELER, Derek George | Secretary | 2000-01-01 | 2004-07-15 |
| BIRBUET, Luis Rodolfo | Director | 2021-01-28 | 2023-08-24 |
| BRAULT, Jean-Yves | Director | 2015-12-15 | 2019-08-30 |
| BROEER, Thomas | Director | 2005-08-01 | 2011-02-18 |
| COTARELO, Jose Javier | Director | 2018-11-23 | 2021-01-28 |
| DAVIES, George Calvin | Director | — | 1993-02-26 |
| DAVIS, Henry Brian | Director | — | 1997-06-20 |
| HART, Edward Ernold | Director | 1995-12-19 | 2005-08-04 |
| HEER, Balwant Singh | Director | 2018-11-23 | 2026-04-15 |
| MILLER, William Robert | Director | — | 1992-06-30 |
| MUNSON, John Paul Llewellyn | Director | 2011-02-18 | 2014-10-20 |
| ROBERTS, Richard | Director | 2001-01-01 | 2003-12-01 |
| SAMUELS, Bernard | Director | — | 1996-06-25 |
| SAYNOR, Richard | Director | 2003-01-01 | 2005-08-01 |
| SPARROW, Jamie | Director | 2014-10-20 | 2016-10-06 |
| SPARROW, Michael John Frederick | Director | 2000-01-01 | 2001-05-14 |
| STOLZENBERG, Lawrence | Director | — | 1995-12-19 |
| TABATZNIK, Anthony Selwyn | Director | — | 1999-12-31 |
| TABATZNIK, Julian Neil | Director | — | 2000-03-31 |
| TAITZ, Cecil Saul | Director | 1998-01-01 | 2008-12-31 |
| URWIN, Francis Michael John | Director | 1995-12-19 | 2004-01-01 |
| VAN'T HULLENAAR, Anthonius Matthijs | Director | 2017-06-05 | 2018-11-23 |
| VANGSGAARD, Steen | Director | 2014-10-20 | 2015-12-15 |
| WHEELER, Derek George | Director | 2000-01-01 | 2004-07-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mylan Group Bv | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 183 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-20 | AA | accounts | Accounts with accounts type full | |
| 2026-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-09 | AA | accounts | Accounts with accounts type full | |
| 2025-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-13 | ANNOTATION | miscellaneous | Legacy | |
| 2024-12-09 | AA | accounts | Accounts with accounts type full | |
| 2024-10-18 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-08 | AA | accounts | Accounts with accounts type full | |
| 2023-08-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-03 | AA | accounts | Accounts with accounts type full | |
| 2023-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-28 | AA | accounts | Accounts with accounts type full | |
| 2021-08-28 | AA | accounts | Accounts with accounts type full | |
| 2021-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- 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.