MORNINGSIDE PHARMACEUTICALS LIMITED
Company number 02672877 · Monitor this company
Executive summary
Morningside Pharmaceuticals Limited presents a strong credit profile characterized by a rapidly strengthening balance sheet (net assets up 176% over two years to £37.2m), consistent revenue growth, and the backing of H.I.G Capital through the Aspire Group. The company operates in a defensive sector with reliable NHS receivables and has maintained zero bad debts, supporting confidence in payment capability. The primary area requiring monitoring is the significantly reduced cash position (£1.4m versus £5.7m in 2023), which management attributes to strategic infrastructure investment and elevated stockholding; this should be validated through regular management accounts review. Overall, the company is well-positioned to service debt obligations and the credit opinion is favourable.
Shareholders' funds
£17,562
Balance sheet as at 2025-12-31
What it does
The principal activity of the Company continued to be that of the purchase, wholesale, batch release, distribution and export of pharmaceutical and healthcare products.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1991-12-18
- Employees
- 47 (2025 accounts · was 74 in 2024)
- Registered office
- Nene House, 4 Rushmills, Northampton, England, NN4 7YB
- Postcode
- NN4 7YB
- Capital
- 100 GBP
- Accounts category
- Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-03-07
- Next due by
- 2027-03-21
Nature of business (SIC)
- 21200 Manufacture of pharmaceutical preparations
- 32500 Manufacture of medical and dental instruments and supplies
- 46460 Wholesale of pharmaceutical goods
Officers 4 current · 11 resigned
Group structure
Controlled by REMEDI MEDICAL HOLDINGS LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Public contracts won 1
£1,351,341,890 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Modern slavery statement
Registered a modern slavery statement for 2025 (period to 2024-12-31) — 5 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — Z1526946 (Tier 2), registered since 2008.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 6
| Address | Changed on |
|---|---|
| RIVERMEAD HOUSE, 7 LEWIS COURT ENDERBY, LEICESTER, LEICESTERSHIRE, LE19 1SD | 2016-10-17 |
| 1 BEDE ISLAND BUSINESS PARK, BEDE ISLAND ROAD, LEICESTER, LEICESTERSHIRE, LE2 7EA, ENGLAND | 2012-02-23 |
| C/O RSM TENON, BEDE ISLAND BUSINESS PARK BEDE ISLAND ROAD, LEICESTER, LE2 7EA, ENGLAND | 2011-09-29 |
| C/O COOPER PARRY LLP, 1 COLTON SQUARE, LEICESTER, LE1 1QH, UNITED KINGDOM | 2011-09-22 |
| STOUGHTON HOUSE, HARBOROUGH ROAD OADBY, LEICESTER, LEICESTERSHIRE, LE2 4LP | 2010-05-07 |
| 216 MELTON ROAD, LEICESTER, LE4 7PG | 2005-07-21 |
Among its peers
Among the biggest employers
of 1,459 similar companies in NN — measured against the wider sector, with 47 staff. Among the oldest 25% of its local peers.
The class of 1991
50%
of the 20,888 companies incorporated in 1991 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.