PIOLAX LTD.
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Cash
£8.5M
+43.2% highest in 3 filed years
Net assets
£14M
-5.8% lowest in 3 filed years
Employees
68
-6.8% lowest in 3 filed years
Profit before tax
-£1.1M
-393.6% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary 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 | £11,176,628 | £10,032,621 | £9,540,046 | -4.9% | |
| Operating profit | -£35,743 | -£765,485 | -£777,587 | -1.6% | |
| Profit before tax | £356,415 | -£232,203 | -£1,146,221 | -393.6% | |
| Net profit | £276,030 | -£172,581 | -£847,625 | -391.1% | |
| Cash | £5,116,633 | £5,900,552 | £8,450,407 | +43.2% | |
| Total assets less current liabilities | £19,505,866 | £14,654,855 | £14,049,323 | -4.1% | |
| Net assets | £19,505,866 | £14,557,256 | £13,709,631 | -5.8% | |
| Equity | £19,505,866 | £14,557,256 | £13,709,631 | -5.8% | |
| Average employees | 74 | 73 | 68 | -6.8% | |
| Wages | £2,791,849 | £2,823,150 | £2,736,825 | -3.1% | |
| Directors' remuneration | £193,645 | £178,205 | £141,141 | -20.8% |
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 | -0.3% | -7.6% | -8.2% | |
| Net margin | 2.5% | -1.7% | -8.9% | |
| Return on capital employed | -0.2% | -5.2% | -5.5% | |
| Gearing (liabilities / total assets) | — | 30.0% | 13.4% | |
| Current ratio | 9.47x | 2.91x | 7.64x | |
| Interest cover | -16.56x | — | — |
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
- PIOLAX LTD. 2003-01-02 → present
- KHK OF UK LTD 1994-10-25 → 2003-01-02
Audit & accounting basis
- Accounting basis
- FRS 101
- Auditor
- MHA Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. Under this scenario, the Company is forecast to have sufficient cash resources to meet its liabilities as they fall due throughout the forecast period. In addition, the Company's parent undertaking has confirmed that it currently has no intention to alter the group structure, supply arrangements or operational framework of the UK business in a manner that would adversely affect the Company's ability to continue as a going concern.”
Significant events
- “Piolax Ltd. has been assessed and obtained certification to the International Automotive Standard IATF 16949 and ISO 9001: 2015. Piolax is committed to continually developing its management systems to meet customer and stakeholder requirements, to identify and manage risks as well as maintaining and developing a robust supply chain.”
- “During 2026 the Company will continue to develop its Corporate Social Responsibility Policy and procedures ensuring it is supporting the United Nations Sustainable Development Goals as well as customer and stakeholder expectations.”
- “Piolax Ltd. understands that all aspects of its operation will have some impact on the environment and to minimise this Piolax have established an Environmental Management System and is certified to International Standard ISO 14001:2015.”
- “Piolax Ltd. is committed to improving its health and safety performance and continues to develop its health and safety management system compliant with current regulations.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KAJI, Masaaki | Director | 2024-06-25 | Mar 1963 | Japanese |
| KOBAYASHI, Go | Director | 2025-05-01 | Jan 1976 | Japanese |
| SUGANE, Hiroyuki | Director | 2022-07-13 | Dec 1976 | Japanese |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORNWALL, Andrew Duncan | Secretary | 2003-01-01 | 2025-07-24 |
| SHIMAZU, Yukihiko | Secretary | 1994-10-25 | 1995-10-25 |
| SUZUKI, Kenzaburo | Secretary | — | 2003-01-02 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1994-10-25 | 1994-10-25 |
| CORNWALL, Andrew Duncan | Director | 2003-01-01 | 2025-07-24 |
| ENGLAND, Peter | Director | 2007-04-02 | 2019-04-18 |
| HOSHINO, Shigeo | Director | 2015-05-01 | 2019-09-30 |
| IKEDA, Naohiro | Director | 2006-06-29 | 2009-08-07 |
| ISHIMARU, Jun | Director | 2019-07-01 | 2022-06-17 |
| KATO, Kazuhiko | Director | 1994-10-25 | 2003-01-01 |
| KIMURA, Yoshihiro | Director | 2012-01-02 | 2015-05-01 |
| MURAI, Sachio | Director | 2003-01-01 | 2012-07-02 |
| OKITSU, Yoichi | Director | 2003-01-01 | 2003-06-27 |
| SATO, Seiichi | Director | 2013-01-28 | 2020-08-05 |
| SHIMAZU, Yuki | Director | 2012-07-02 | 2014-01-28 |
| SUZUKI, Toru | Director | 2020-08-05 | 2024-06-25 |
| UMEYAMA, Takashi | Director | 2009-07-13 | 2012-06-11 |
| WHELAN, Paul | Director | 2018-06-01 | 2020-07-17 |
| YOSHIDA, Shinichi | Director | 2003-01-01 | 2006-06-29 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1994-10-25 | 1994-10-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Piolax Incorporated | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors (as firm), Significant influence (as firm) | 2016-06-30 | Active |
Filing timeline
Last 20 of 126 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-08 | AA | accounts | Accounts with accounts type full | |
| 2025-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-10 | AA | accounts | Accounts with accounts type full | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-30 | AA | accounts | Accounts with accounts type full | |
| 2023-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2022-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-09 | AA | accounts | Accounts with accounts type full | |
| 2022-07-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-10-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-27 | AA | accounts | Accounts with accounts type full | |
| 2020-10-26 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.