PANELTEX LIMITED
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Cash
£1.9m
Latest balance sheet
Net assets
£9.2m
Equity attributable
Employees
620
Average over period
Profit before tax
-£6.1m
Period ending 2023-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
1-year trend · vs Consumer Discretionary median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £64,983,085 | — | |
| Operating profit | -£5,678,750 | — | |
| Profit before tax | -£6,076,656 | — | |
| Net profit | -£4,699,849 | — | |
| Cash | £1,935,282 | — | |
| Total assets less current liabilities | £13,504,283 | — | |
| Net assets | £9,182,050 | — | |
| Equity | £9,182,050 | — | |
| Average employees | 620 | — | |
| Wages | £18,513,771 | — | |
| Directors' remuneration | £547,864 | — |
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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | -8.7% | |
| Net margin | -7.2% | |
| Return on capital employed | -42.1% | |
| Gearing (liabilities / total assets) | 71.6% | |
| Current ratio | 1.02x | |
| Interest cover | -12.35x |
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
- PANELTEX LIMITED 1991-08-08 → present
- SIMPLEHIGH LIMITED 1991-05-03 → 1991-08-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Streets Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing current trading levels and forecasts to 31 December 2027, and taking account of the potential impact on trading performance of reasonably possible downside risks such as interruptions in production due to material or staff shortages and turnover reductions that could result from an economic downturn, the directors are confident that the Company will have adequate resources to continue in operational existence for at least the next 12 months from the date of approval of these financial statements. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- PANELTEX LIMITED · parent
- Paneltex (Service Division) Limited 100%
- Percheron Trucks and Trailers Limited 100%
- Wilsdon & Co Limited 100%
- CSC (Specialised Vehicles) Limited 100%
- Zeroed Limited 100%
- Somers Refrigeration Limited 100%
- Paneltex Inc 100%
Significant events
- “Completion of a significant change in shareholders in October 2025 changed the control of Paneltex Ltd. 70% of the total shares were acquired by The Reefer Group with Ocado Group exiting completely and Chris Berridge beginning to plan his retirement plan.”
- “The Reefer Group plans to acquire the remaining 30% shareholding through 2026 and 2027 to increase ownership to 100%.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERRIDGE, Jane Wesley | Secretary | 1991-08-12 | — | British |
| BERRIDGE, Christopher Thomas | Director | 1991-08-12 | May 1959 | British |
| DESTREMAU, Damien | Director | 2025-10-24 | Apr 1968 | French |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HENDERSON, Dane William Taylor | Secretary | 1971-06-03 | 1991-08-12 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1991-05-03 | 1991-06-03 |
| ATKINSON, Robin Giles | Director | 2020-07-31 | 2025-10-24 |
| BERRIDGE, Philip Arthur Keyworth | Director | 1991-06-03 | 1991-08-12 |
| DRAKE, Keith | Director | 2014-04-06 | 2025-10-24 |
| EVENETT, David Paul | Director | 2020-06-15 | 2024-04-26 |
| FAIMAN, Jonathan Moss | Director | 2001-06-15 | 2010-03-30 |
| GOUNDRILL, Ian David | Director | 1994-01-01 | 2004-08-31 |
| MOULLART DE TORCY, Alberic | Director | 2025-10-24 | 2026-04-30 |
| POULTON, Paul Henry | Director | 1991-06-03 | 2001-06-15 |
| RICHARDSON, Mark Antony | Director | 2010-03-30 | 2025-10-24 |
| WILDE, Nigel Edward | Director | 1994-01-01 | 2025-02-28 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1991-05-03 | 1991-06-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Reefer Group Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-24 | Active |
| Mr Christopher Thomas Berridge | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 141 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-26 RESOLUTIONS Resolution
- 2026-05-24 MA Memorandum articles
- 2025-11-07 RESOLUTIONS Resolution
- 2025-11-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-13 | AA | accounts | Accounts with accounts type full | |
| 2026-07-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-05-26 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-24 | MA | incorporation | Memorandum articles | |
| 2026-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-25 | CH01 | officers | Change person director company with change date | |
| 2026-02-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-07 | MA | incorporation | Memorandum articles | |
| 2025-11-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-05 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-17 | AA | accounts | Accounts with accounts type full | |
| 2025-03-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 4
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.