IQVIA LABORATORIES DISCOVERY UK LTD
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Cash
£2.8m
+25.9% vs 2024
Net assets
£56m
-9.9% lowest in 3 filed years
Employees
637
-9.8% lowest in 3 filed years
Profit before tax
-£3.8m
-228% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Taking all of this into account, the directors have concluded that it is appropriate to adopt the going concern basis in preparing these financial statements. However, they recognise that there is a material uncertainty arising from the change in ownership which may cast significant doubt on the Company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-27
| Metric | Trend | 2023-12-30 | 2024-12-28 | 2025-12-27 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £119,971,000 | £106,253,000 | £104,503,000 | -1.6% | |
| Operating profit | £12,132,000 | £95,000 | -£2,787,000 | -3,033.7% | |
| Profit before tax | £10,157,000 | -£1,150,000 | -£3,772,000 | -228% | |
| Net profit | £7,831,000 | -£3,886,000 | -£6,472,000 | -66.5% | |
| Cash | £5,210,000 | £2,223,000 | £2,798,000 | +25.9% | |
| Total assets less current liabilities | £89,058,000 | £79,544,000 | £61,527,000 | -22.7% | |
| Net assets | £66,517,000 | £61,718,000 | £55,634,000 | -9.9% | |
| Equity | £66,517,000 | £61,718,000 | £55,634,000 | -9.9% | |
| Average employees | 768 | 706 | 637 | -9.8% | |
| Wages | £34,020,000 | £34,740,000 | £34,387,000 | -1% | |
| Directors' remuneration | £428,000 | £148,000 | £193,000 | +30.4% |
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 | 2023-12-30 | 2024-12-28 | 2025-12-27 |
|---|---|---|---|---|
| Operating margin | 10.1% | 0.1% | -2.7% | |
| Net margin | 6.5% | -3.7% | -6.2% | |
| Return on capital employed | 13.6% | 0.1% | -4.5% | |
| Gearing (liabilities / total assets) | 45.6% | 44.8% | — | |
| Current ratio | 1.71x | 1.77x | 1.22x | |
| Interest cover | 5.71x | 0.08x | -7.11x |
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 3 times since incorporation — the current trading name was adopted 2026-05-27
- IQVIA LABORATORIES DISCOVERY UK LTD 2026-05-27 → present
- CHARLES RIVER DISCOVERY RESEARCH SERVICES UK LIMITED 2017-03-01 → 2026-05-27
- BIOFOCUS DPI LTD 2007-06-06 → 2017-03-01
- BIOFOCUS DISCOVERY LIMITED 2002-12-19 → 2007-06-06
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Taking all of this into account, the directors have concluded that it is appropriate to adopt the going concern basis in preparing these financial statements. However, they recognise that there is a material uncertainty arising from the change in ownership which may cast significant doubt on the Company's ability to continue as a going concern.”
Group structure
- IQVIA LABORATORIES DISCOVERY UK LTD · parent
- KWS Biotest Limited 100%
- Cobra Biologics Holdings Limited 100%
- Fios Genomics Limited 100%
Significant events
- “As mentioned in the Strategic report, Charles River has entered into an agreement to sell the legal entity and a significant portion of the business of Charles River Discovery Research Services UK Limited, with the transaction expected to be completed in the second quarter of 2026 (refer Note 27. Events after the end of the reporting period).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VANCE, Scott David | Secretary | 2024-10-02 | — | — |
| DOLPH, Kerstin Susanne | Director | 2022-10-14 | Aug 1980 | American,German |
| GIRSHICK, Birgit | Director | 2016-09-28 | Jan 1970 | American,German |
| YILMAZ, Peter | Director | 2024-04-02 | Jul 1971 | Dutch |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FRANCE, Stephen John Richard | Secretary | 2002-12-19 | 2005-10-13 |
| PRICE, Sarah Margaret | Secretary | 2014-05-28 | 2024-06-30 |
| PRICE, Sarah Margaret | Secretary | 2014-03-07 | 2014-04-01 |
| VAN DEN EYNDE, Johan Gustaaf Cyriel | Secretary | 2005-10-27 | 2014-01-31 |
| ACKERMAN, Thomas Francis | Director | 2014-04-01 | 2015-08-31 |
| BARNES, Christopher Simon | Director | 2024-10-02 | 2025-12-18 |
| FOSTER, James C | Director | 2014-04-01 | 2015-08-31 |
| FRANCE, Stephen John Richard | Director | 2002-12-19 | 2005-10-13 |
| GREETHAM, Brent Raymond | Director | 2022-06-10 | 2024-04-02 |
| HICKEY, Emily, Dr | Director | 2015-09-01 | 2016-09-23 |
| HILYARD, Katherine Louise, Dr | Director | 2015-09-01 | 2017-11-01 |
| JOHST, David P | Director | 2014-04-01 | 2020-05-20 |
| MACRITCHIE, Jacqueline Anne, Dr | Director | 2017-11-01 | 2024-03-22 |
| MCMILLAN, Henry Geoffrey | Director | 2002-12-19 | 2005-10-13 |
| NEWTON, Christopher Gregory, Dr | Director | 2005-10-27 | 2013-11-22 |
| PRICE, Sarah Margaret | Director | 2020-05-20 | 2024-06-30 |
| SMITH, David Ross | Director | 2014-11-17 | 2022-06-06 |
| SMITH, David Ross | Director | 2014-03-07 | 2014-04-01 |
| STONE, David, Dr | Director | 2002-12-19 | 2003-08-31 |
| SYNNOTT, Aidan John | Director | 2024-03-22 | 2025-01-13 |
| VAN DE STOLPE, Onno, Dr | Director | 2005-10-27 | 2014-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Biofocus Dpi Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 133 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-08 MA Memorandum articles
- 2026-06-08 RESOLUTIONS Resolution
- 2026-05-27 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-01 | AA | accounts | Accounts with accounts type full | |
| 2026-06-08 | MA | incorporation | Memorandum articles | |
| 2026-06-08 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-28 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-05-27 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-04 | AA | accounts | Accounts with accounts type full | |
| 2025-02-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-04 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- 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.