PIAGGIO LIMITED
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Cash
£298K
Latest balance sheet
Net assets
£364K
Equity attributable
Employees
15
Average over period
Profit before tax
£253K
Period ending 2023-12-31
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 | £1,937,919 | — | |
| Operating profit | £252,704 | — | |
| Profit before tax | £252,691 | — | |
| Net profit | £193,859 | — | |
| Cash | £297,712 | — | |
| Total assets less current liabilities | £762,335 | — | |
| Net assets | £363,859 | — | |
| Equity | £363,859 | — | |
| Average employees | 15 | — | |
| Wages | £774,169 | — | |
| Directors' remuneration | £337,846 | — |
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 | 13.0% | |
| Net margin | 10.0% | |
| Return on capital employed | 33.1% | |
| Current ratio | 1.76x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors believe to be appropriate based on the trading performance, net asset position and because they received confirmation from Piaggio C & S.p.A., an intermediate parent undertaking, that it will continue to provide financial support as is required for the company to meet its obligations as they fall due for at least one year after these financial statements are signed.”
Significant events
- “After careful consideration, the Directors have determined that the conflict will not have any impact on the business”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MASSEI, Luca | Director | 2025-08-01 | Aug 1981 | Italian |
| PRIGNOLI, Mauro | Director | 2011-10-18 | Jun 1962 | Italian |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COCORACCHIO, Robert Francis | Secretary | 1996-05-30 | 2011-12-19 |
| GAMBUZZI, Carlo | Secretary | 1992-04-09 | 1992-05-05 |
| MONTI, Dott Enzo | Secretary | 1994-04-01 | 1996-05-30 |
| RENNIS, Saverio | Secretary | 1992-05-05 | 1994-04-01 |
| COLLYER BRISTOW SECRETARIES LIMITED | Corporate Secretary | 2011-12-19 | 2013-04-09 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1992-04-09 | 1992-04-09 |
| ANTONELLI, Pietro | Director | 1998-07-10 | 2000-03-30 |
| ARRIGO, Enrico | Director | 1997-09-30 | 1999-01-27 |
| BIAGIOTTI, Silvia | Director | 2005-03-16 | 2006-03-29 |
| BONI, Giuseppe | Director | 1998-04-30 | 2002-02-15 |
| CAMPBELL, Anthony David | Director | 2005-07-25 | 2017-08-01 |
| CHECCHIN, Iardena, Mrs. | Director | 2011-10-18 | 2014-07-17 |
| D'ADDARIO, Silvia | Director | 2019-04-11 | 2025-06-30 |
| DE NARDIS DI PRATA, Balduccio | Director | 1995-01-01 | 2000-03-30 |
| GALLI, Gabriele | Director | 2005-07-25 | 2011-10-18 |
| GIANCARLO, Binetti | Director | 1999-01-29 | 2004-09-23 |
| GRANATA, Massimo | Director | 2007-03-01 | 2008-12-15 |
| KHAN, Shehryar | Director | 2014-07-30 | 2014-11-14 |
| KNIGHT, Mark Graham | Director | 2017-07-25 | 2023-10-31 |
| LEMBERG, Rolf | Director | 1996-05-30 | 1997-09-30 |
| LORENZANA DEL RIO, Julio Enrique | Director | 2023-10-30 | 2025-07-30 |
| MARSHALL, Martin Christopher | Director | 2004-01-15 | 2005-03-08 |
| MIROSI, Massimo | Director | 1998-07-10 | 2008-12-15 |
| MONTI, Dott Enzo | Director | 1994-04-01 | 1996-05-30 |
| RENNIS, Saverio | Director | 1992-04-23 | 1994-04-01 |
| RIGHERO, Matteo | Director | 1992-04-23 | 1996-05-30 |
| ROSSI, Ferdinando | Director | 1996-05-30 | 1997-05-01 |
| ROUX, Luigi | Director | 1997-05-12 | 1998-03-31 |
| RUZZON, Alberto | Director | 2015-07-21 | 2019-01-31 |
| SCUERO, Sergio | Director | 1996-05-30 | 1997-05-01 |
| STERPONE, Stefano, Dr | Director | 2009-10-01 | 2014-07-17 |
| TIMONI, Paolo | Director | 2005-03-16 | 2005-07-25 |
| TRANCHINA, Giuseppe | Director | 1992-04-09 | 1997-09-30 |
| ZECCHI, Stefano | Director | 1997-05-12 | 2004-01-15 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1992-04-09 | 1992-04-09 |
| PIAGGIO LIMITED | Corporate Director | 2008-12-06 | 2008-12-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Piaggio & C. S.P.A | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 165 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | AA | accounts | Accounts with accounts type full | |
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-02 | AA | accounts | Accounts with accounts type full | |
| 2025-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-21 | AA | accounts | Accounts with accounts type full | |
| 2024-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-30 | AA | accounts | Accounts with accounts type full | |
| 2022-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-20 | AA | accounts | Accounts with accounts type full | |
| 2021-11-04 | AUD | auditors | Auditors resignation company | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full | |
| 2021-04-17 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- 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.