PX MANUFACTURING LTD
Get an alert when PX MANUFACTURING LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.3m
+0.1% vs 2024
Net assets
£16m
+2% vs 2024
Employees
33
-5.7% lowest in 4 filed years
Profit before tax
£464k
+36.9% first positive since 2023
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £56,123,548 | £49,845,223 | £49,645,815 | £51,955,762 | +4.7% | |
| Operating profit | £2,529,791 | -£44,075 | £781,146 | £1,183,922 | +51.6% | |
| Profit before tax | £2,055,034 | -£677,026 | £339,248 | £464,311 | +36.9% | |
| Net profit | £1,803,347 | -£797,495 | £240,256 | £342,846 | +42.7% | |
| Cash | £1,215,313 | £1,425,716 | £1,299,125 | £1,300,297 | +0.1% | |
| Total assets less current liabilities | £22,408,072 | £19,208,382 | £18,828,638 | £18,507,735 | -1.7% | |
| Net assets | £16,234,138 | £15,436,643 | £15,676,899 | £15,984,745 | +2% | |
| Equity | £16,234,138 | £15,436,643 | £15,676,899 | £15,984,745 | +2% | |
| Average employees | 41 | 42 | 35 | 33 | -5.7% | |
| Wages | £1,396,488 | £1,532,246 | £1,547,197 | £1,324,849 | -14.4% | |
| Directors' remuneration | £203,185 | £253,994 | £263,484 | £214,751 | -18.5% | |
| Highest paid director | — | £126,997 | £131,742 | £135,167 | +2.6% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | 4.5% | -0.1% | 1.6% | 2.3% | |
| Net margin | 3.2% | -1.6% | 0.5% | 0.7% | |
| Return on capital employed | 11.3% | -0.2% | 4.1% | 6.4% | |
| Gearing (liabilities / total assets) | 54.1% | 43.3% | 52.0% | 58.0% | |
| Current ratio | — | 2.34x | 1.75x | 1.52x | |
| Interest cover | 5.29x | -0.07x | 1.75x | 1.63x |
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 2 times since incorporation
- PX MANUFACTURING LTD 2018-12-31 → present
- P X MANUFACTURING & DISTRIBUTION COMPANY LIMITED 1995-01-24 → 2018-12-31
- QUAYSHELFCO 489 LIMITED 1994-10-19 → 1995-01-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hamilton Coopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “On 25 July 2025 the freehold property was revalued by Lambert Smith Hampton Group Ltd. In valuing the freehold property the comparable valuation method has been used. The freehold property has been valued at £8.115 million at open market value based on vacant procession.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TETNOWSKA, Elzbieta | Secretary | 2014-03-18 | — | — |
| TETNOWSKI, Pawel, Dr | Director | 2013-02-06 | Apr 1970 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| POPAT, Suresh | Secretary | 1994-12-21 | 2006-01-20 |
| TETNOWSKI, Pawel, Dr | Secretary | 2006-01-20 | 2014-03-17 |
| NQH (CO SEC) LIMITED | Corporate Nominee Secretary | 1994-10-19 | 1994-12-21 |
| POPAT, Suresh | Director | 1994-12-21 | 2013-11-29 |
| TETNOWSKI, Rafal | Director | 2014-03-18 | 2014-03-18 |
| TETNOWSKI, Stanislaw Franciszek | Director | 1994-12-21 | 2023-02-02 |
| CHIVGATE LIMITED | Corporate Director | 2010-02-15 | 2024-05-22 |
| NQH LIMITED | Corporate Nominee Director | 1994-10-19 | 1994-12-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stanislaw Franciszek Tetnowski | Individual | Significant influence | 2016-04-06 | Ceased 2023-02-02 |
| Dr Pawel Tetnowski | Individual | Significant influence | 2016-04-06 | Active |
| Mr Rafal Tetnowski | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 119 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2025-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-22 | AA | accounts | Accounts with accounts type full | |
| 2024-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-27 | AA | accounts | Accounts with accounts type full | |
| 2023-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-08-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-05-20 | AA | accounts | Accounts with accounts type full | |
| 2022-03-03 | AA01 | accounts | Change account reference date company previous shortened | |
| 2021-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-24 | AA | accounts | Accounts with accounts type full | |
| 2021-09-15 | AA01 | accounts | Change account reference date company previous extended | |
| 2021-03-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-12-07 | CS01 | confirmation-statement | Confirmation statement with updates |
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.