WELLCOME TRUST INVESTMENTS 2 UNLIMITED

Accounts Submitted 7 May 2025

Confirmation Statement Submitted 6 Feb 2025

Net assets £1184.32M £159.15M 2024 year on year

Total assets £1309.09M £224.31M 2024 year on year

Total Liabilities £124.78M £65.16M 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

Gibbs Building 215 Euston Road London NW1 2BE England

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

N/A

Net Assets

£1184.32M

Increased by £159.15M (+16%)

Total Liabilities

£124.78M

Increased by £65.16M (+109%)

Turnover

N/A

Employees

N/A

Debt Ratio

10%

Increased by 5 (+100%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

4 active 10 resigned

Show resigned officers

						Status
Elaina Tatem Elzinga	Director	British,american	England	41	1 Jan 2018	Active
Karen Chadwick	Director	British	United Kingdom	58	21 Jun 2019	Active
Lisha Nagin Patel	Director	British	United Kingdom	45	1 Jan 2018	Active
Nicholas David Moakes	Director	British	England	61	24 Apr 2008	Active

Shareholders

Shareholders (1)


The Wellcome Trust Limited	100.0%	664,104,297	Ordinary	7 Feb 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active

The Wellcome Trust Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent As Trust
Voting Rights 75 To 100 Percent As Trust
Right To Appoint And Remove Directors As Trust

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Group Structure

THE WELLCOME TRUST LIMITED united kingdom

WELLCOME TRUST INVESTMENTS 2 UNLIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
4 Aug 2025	Change Of Constitution	Statement Of Companys Objects	View(2 pages)
30 Jul 2025	Resolution	Resolutions	View(1 page)
30 Jul 2025	Incorporation	Memorandum Articles	View(27 pages)
30 Jul 2025	Resolution	Resolutions	View(1 page)
2 Jul 2025	Persons With Significant Control	Change to The Wellcome Trust Limited as a person with significant control on 2016-04-06	View(2 pages)