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Cash

£4.8M

+13.5% vs 2024

Net assets

£2.7M

+9.9% vs 2024

Employees

146

-3.3% vs 2024

Profit before tax

£1K

-99.4% vs 2024

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31 Δ vs prior
Turnover £70,024,000£51,464,000 -26.5%
Operating profit £429,000£212,000 -50.6%
Profit before tax £154,000£1,000 -99.4%
Net profit £240,000£246,000 +2.5%
Cash £4,206,000£4,775,000 +13.5%
Total assets less current liabilities £2,713,000£2,991,000 +10.2%
Net assets £2,483,000£2,729,000 +9.9%
Equity £2,483,000£2,729,000 +9.9%
Average employees 151146 -3.3%
Wages £6,558,000£6,485,000 -1.1%
Directors' remuneration £647,000£747,000 +15.5%

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 2024-03-312025-03-31
Operating margin 0.6%0.4%
Net margin 0.3%0.5%
Return on capital employed 15.8%7.1%
Current ratio 1.24x1.31x
Interest cover 1.56x1.00x

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

  1. MANN ISLAND FINANCE LIMITED 1992-12-23 → present
  2. PINERIDE LIMITED 1992-09-24 → 1992-12-23

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“On the basis of current financial projections the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence up to at least 31 March 2027, which is a period greater than twelve months from the date of issue of the financial statements that aligns with internal budgeting processes. Accordingly, the going concern basis is adopted in the preparation of the financial statements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

7 active · 12 resigned

Name Role Appointed Born Nationality
LAW, Connie Mei-Ling Secretary 2014-04-08 British
BUDD, Stephen Philip Director 2019-09-11 Apr 1963 British
COLLINS, James Stephen Director 2019-09-11 May 1985 British
HART, Andrew Stuart Director 2016-04-27 May 1974 British
ORTON, Peter James Director 2019-09-11 Mar 1970 British
SUMNER, Noel Justin, Mr. Director 2021-11-10 May 1973 British
ZIMUNHU, Margaret Dambudzo, Ms. Director 2021-11-10 Sep 1981 British
Show 12 resigned officers
Name Role Appointed Resigned
HODGKINS, Christopher James Secretary 1992-12-10 2014-04-08
SMITH, Sheila Nominee Secretary 1992-09-24 1992-12-10
AVIS, Christine Susan Nominee Director 1992-09-24 1992-12-10
FRANCIS, Michael Richard Director 2014-04-08 2020-10-15
HODGKINS, Christopher James Director 1993-11-09 2014-04-08
HOWARD, Mark Director 2014-04-08 2015-12-31
HUGHES, John Peter Director 2017-09-01 2025-03-31
JENNER, Jo Javier Director 2014-04-08 2017-09-01
OWEN-JONES, Mark Beresford Director 2012-07-18 2014-04-08
SMITH, Robert Talbot Arthur Director 1992-12-10 2014-04-08
THOLET, Ryan James Eric, Mr. Director 2021-05-10 2025-08-15
WOHLMAN, Ian Robert Director 2014-04-08 2021-11-10

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Investec Asset Finance Plc Corporate entity Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) 2016-04-06 Active

Filing timeline

Last 20 of 158 total filings

Date Type Category Description
2025-12-12 AA accounts Accounts with accounts type full
2025-08-18 TM01 officers Termination director company with name termination date PDF
2025-06-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-01 TM01 officers Termination director company with name termination date PDF
2024-12-13 AA accounts Accounts with accounts type full
2024-06-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-05 AA accounts Accounts with accounts type full
2023-06-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-06 AA accounts Accounts with accounts type full
2022-06-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-06 AA accounts Accounts with accounts type full
2021-11-30 CH01 officers Change person director company with change date PDF
2021-11-17 AP01 officers Appoint person director company with name date PDF
2021-11-16 TM01 officers Termination director company with name termination date PDF
2021-11-16 AP01 officers Appoint person director company with name date PDF
2021-06-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-05-21 AP01 officers Appoint person director company with name date PDF
2021-04-15 AA accounts Accounts with accounts type full
2020-10-26 TM01 officers Termination director company with name termination date PDF
2020-06-19 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page