PIRELLI UK TYRES LIMITED
Operating as the British manufacturing arm of the Italian multinational Pirelli group, the company produces rubber tyres for cars, motorcycles, and bicycles under the ultimate ownership of China National Chemical Corporation.
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Cash
£10m
+70.5% highest in 3 filed years
Net assets
£176m
-0.2% vs 2024
Employees
1,154
-2.4% vs 2024
Profit before tax
£20m
-3.8% vs 2024
Net assets
3-year trend · vs Basic Materials 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 | £491,851,000 | £480,783,000 | £461,676,000 | -4% | |
| Operating profit | £14,190,000 | £21,647,000 | £21,243,000 | -1.9% | |
| Profit before tax | £14,310,000 | £21,124,000 | £20,326,000 | -3.8% | |
| Net profit | £10,676,000 | £15,809,000 | £15,044,000 | -4.8% | |
| Cash | £4,540,000 | £6,140,000 | £10,471,000 | +70.5% | |
| Total assets less current liabilities | £183,180,000 | £181,085,000 | £174,922,000 | -3.4% | |
| Net assets | £180,221,000 | £176,089,000 | £175,701,000 | -0.2% | |
| Equity | £180,221,000 | £176,089,000 | £175,701,000 | -0.2% | |
| Average employees | 1,121 | 1,182 | 1,154 | -2.4% | |
| Wages | £64,511,000 | £67,632,000 | £67,800,000 | +0.2% | |
| Directors' remuneration | £986,000 | £760,000 | £564,000 | -25.8% | |
| Directors' pension contributions | £2,000 | £0 | £0 | — | |
| Highest paid director | £285,000 | £552,000 | £310,000 | -43.8% |
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 | 2.9% | 4.5% | 4.6% | |
| Net margin | 2.2% | 3.3% | 3.3% | |
| Return on capital employed | 7.7% | 12.0% | 12.1% | |
| Gearing (liabilities / total assets) | 48.1% | — | — | |
| Current ratio | 1.25x | 1.28x | 1.27x | |
| Interest cover | 4.49x | 8.16x | 9.15x |
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
- PIRELLI UK TYRES LIMITED 1991-09-12 → present
- BURGINHALL 554 LIMITED 1991-06-19 → 1991-09-12
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Rostance Edwards Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Management continues to have a reasonable expectation that the company has adequate resources to continue in operation for at least 12 months from the date of signing these financial statements and that the going concern basis of accounting remains appropriate.”
Group structure
- PIRELLI UK TYRES LIMITED · parent
- Pirelli Tyres Limited 100%
- Pirelli Tyres Pension Trustees Limited 100%
- Pirelli CIF Trustees Limited 50%
Significant events
- “On 25 February 2026 the Board of Directors of Pirelli & C. SpA released the preliminary results of the Group to 31 December 2025 confirming that in a challenging context, characterized by geopolitical and commercial tensions and marked forex volatility, Pirelli closed 2025 with better results compared with the previous year and in line with the targets announced to the market, confirming the efficacy of the business model and key programs of the Industrial Plan.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 44 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SAGOO, Charanjit Singh | Secretary | 2009-09-16 | — | British |
| MAGNI, Livio | Director | 2022-10-18 | Oct 1976 | Italian |
| OCIONE NOGUEIRA, Eduardo | Director | 2021-08-05 | May 1979 | Brazilian |
| PAPADAKOS, Dimitrios | Director | 2025-05-28 | Jun 1968 | Greek |
Show 44 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PIPER, David John | Secretary | — | 2001-06-01 |
| SODERBERG, John Warren | Secretary | 2001-06-01 | 2005-07-28 |
| SYKES, Jeremy Patrick Nelson | Secretary | 2005-07-28 | 2009-09-16 |
| ANDREWS, Glen | Director | 2012-04-18 | 2021-08-06 |
| ARIOLI, Massimo Luca, Dr | Director | 2003-09-10 | 2005-03-16 |
| BAVESTRELLI, Luciano | Director | — | 1992-10-30 |
| BENCINI, Giuseppe | Director | 1993-04-22 | 1997-06-19 |
| BIANCONI, Carlo | Director | 1997-11-03 | 1998-11-13 |
| BOCCHIO, Fabio | Director | 2005-05-03 | 2007-01-02 |
| CABASSU, Laurent | Director | 2019-04-26 | 2020-05-28 |
| CALVI, Paul | Director | 1992-11-01 | 1993-10-18 |
| CAMISASCA, Bruno Carlo Maria | Director | 2013-02-20 | 2014-03-31 |
| CANGELOSI, Giuseppe | Director | 2019-04-26 | 2021-05-31 |
| CANGELOSI, Giuseppe | Director | 2007-01-02 | 2008-04-01 |
| CASALUCI, Andrea Livio Donato | Director | 2017-07-11 | 2018-09-17 |
| CATENI, Flavio | Director | 2008-04-01 | 2012-04-17 |
| CLARKE, Terence Graham | Director | 2002-04-17 | 2003-09-10 |
| COSTA ARDISSONE, Carlo | Director | 2007-01-15 | 2009-12-10 |
| CROOKS, Stanley George, Dr | Director | — | 1997-04-23 |
| D'ESTE, Alessandro | Director | 2011-04-05 | 2012-06-01 |
| DEAMBROGIO, Daniele Antonio Erasmo | Director | 2014-01-24 | 2015-03-04 |
| FERRARIO, Giovanni | Director | 1998-04-23 | 2002-04-17 |
| FORNER, Ugo | Director | 2010-02-03 | 2011-04-04 |
| GORI, Francesco | Director | 2002-04-17 | 2012-06-01 |
| HIGGINSON, Gordon, Sir | Director | 1997-03-21 | 2002-04-17 |
| HIGHAM, Geoffrey Arthur | Director | 2005-05-03 | 2006-06-30 |
| MAGNI, Livio | Director | 2018-10-10 | 2019-04-26 |
| MARSHALL, Colin Marsh, Lord | Director | 2003-09-01 | 2012-07-08 |
| MASERA, Giorgio Paolo | Director | 1995-06-15 | 1997-10-31 |
| MATTIOLI, Luciano | Director | — | 1993-04-22 |
| MAZZANTINI, Carlo Adriano | Director | 1993-10-18 | 1995-06-15 |
| NICOTERA, Aldo | Director | 2020-05-28 | 2022-10-04 |
| PANIZZARI, Lorenzo | Director | 2014-04-15 | 2021-04-13 |
| PERONE, Francesco | Director | 2021-06-23 | 2025-05-23 |
| PIPER, David John | Director | — | 2001-07-31 |
| PIRONDINI, Andrea | Director | 2012-06-14 | 2013-12-31 |
| RIGHI, Roberto Natale | Director | 2015-03-05 | 2017-05-09 |
| ROBINSON, Geoffrey Walter, Dr | Director | 2002-03-13 | 2005-04-13 |
| ROSS, Lesley Pamela | Director | 1993-01-01 | 2002-04-01 |
| SANDIVASCI, Dominic Antonio | Director | 1998-11-16 | 2024-07-17 |
| SIERRA, Piero Giorgio | Director | — | 2021-06-04 |
| SODERBERG, John Warren | Director | 2001-08-01 | 2005-07-28 |
| STERLING, William Robert | Director | — | 1992-12-31 |
| THE EARL OF LIMERICK, Patrick Edmund | Director | — | 2003-01-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pirelli & C. S.P.A | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-10-04 | Active |
| China National Chemical Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-10-04 |
Filing timeline
Last 20 of 217 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type full | |
| 2026-05-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-07-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-18 | AA | accounts | Accounts with accounts type full | |
| 2023-06-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-19 | CH01 | officers | Change person director company with change date | |
| 2022-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-12 | AA | accounts | Accounts with accounts type full | |
| 2021-09-14 | AA | accounts | Accounts with accounts type full | |
| 2021-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-23 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.