HONEYWELL PRODUCTIVITY SOLUTIONS LIMITED
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Cash
£6.6m
-31.9% lowest in 3 filed years
Net assets
£8.3m
+8.6% highest in 3 filed years
Employees
37
+5.7% vs 2024
Profit before tax
£661k
-14.3% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Whilst the director considers that the company is a going concern, the expected change of ownership within the going concern assessment period means the intentions of future management are uncertain, including the level of financial support the company may receive. This represents a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern and, therefore, it may be unable to realise its assets and discharge its liabilities in the normal course of business.
-
Going-concern uncertainty disclosed
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 | £18,390,000 | £11,421,000 | £12,055,000 | +5.6% | |
| Operating profit | £552,000 | £342,000 | £361,000 | +5.6% | |
| Profit before tax | £913,000 | £771,000 | £661,000 | -14.3% | |
| Net profit | £913,000 | £771,000 | £661,000 | -14.3% | |
| Cash | £11,641,000 | £9,719,000 | £6,620,000 | -31.9% | |
| Total assets less current liabilities | £8,231,000 | £8,140,000 | £8,910,000 | +9.5% | |
| Net assets | £6,889,000 | £7,660,000 | £8,321,000 | +8.6% | |
| Equity | £6,889,000 | £7,660,000 | £8,321,000 | +8.6% | |
| Average employees | 38 | 35 | 37 | +5.7% | |
| Wages | £4,147,000 | £4,001,000 | £4,100,000 | +2.5% | |
| Directors' remuneration | — | — | — | — |
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 | 3.0% | 3.0% | 3.0% | |
| Net margin | 5.0% | 6.8% | 5.5% | |
| Return on capital employed | 6.7% | 4.2% | 4.1% | |
| Current ratio | 2.17x | 2.72x | 3.19x |
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
- HONEYWELL PRODUCTIVITY SOLUTIONS LIMITED 2018-09-18 → present
- HAND HELD PRODUCTS (UK) LIMITED 1996-02-15 → 2018-09-18
- FISEPA 54 LIMITED 1995-12-14 → 1996-02-15
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Whilst the director considers that the company is a going concern, the expected change of ownership within the going concern assessment period means the intentions of future management are uncertain, including the level of financial support the company may receive. This represents a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern and, therefore, it may be unable to realise its assets and discharge its liabilities in the normal course of business.”
Significant events
- “There is an intention to sell the Productivity Solutions and Services business, of which the company forms part, to Brady Corporation. Brady Corporation is a global leader in identification and protection solutions, including high-performance labels, safety devices, and workflow-enabling systems complementary to the PSS business. The sale is expected to occur in the second half of 2026, subject to regulatory approvals and other customary conditions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SEMERIVA, Benjamin Philippe Marie | Director | 2026-03-31 | Nov 1979 | French |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RICHARDS, Allan | Secretary | 2008-09-01 | 2009-09-10 |
| SMITH II, George | Secretary | 2001-11-30 | 2008-02-01 |
| VANDERSTEEN, Susan Elizabeth | Secretary | 1995-12-14 | 2001-11-30 |
| SISEC LIMITED | Corporate Secretary | 2009-04-01 | 2016-01-29 |
| CARDAIS, Scott | Director | 1996-05-10 | 2001-10-22 |
| COTTRELL JUNIOR, James Harvey | Director | 1996-05-10 | 1999-06-30 |
| DAHOE, Krishan | Director | 2010-08-23 | 2012-10-01 |
| FRASER, Grant William | Director | 2012-01-01 | 2016-10-07 |
| HENNIGAN, Joseph | Director | 2001-10-22 | 2008-12-30 |
| HOWES, Peter James | Director | 2009-04-01 | 2015-07-30 |
| JOST, Kevin | Director | 2001-10-22 | 2009-09-11 |
| KEILTHY, Lisa | Director | 2017-10-01 | 2020-06-30 |
| KHELLAFI, Hicham, Mr. | Director | 2023-07-10 | 2026-03-31 |
| MARTIN, John Christopher | Director | 1996-05-10 | 2001-10-22 |
| MISTRY, Kameleshkumar Ishwarlal | Director | 2012-10-01 | 2017-10-01 |
| RICHARDS, Allan | Director | 2008-09-01 | 2011-02-21 |
| SHEIKH, Suhail | Director | 2020-06-30 | 2022-07-27 |
| SLIPETSKA, Olga | Director | 2022-07-27 | 2023-07-10 |
| SMITH II, George | Director | 2001-10-22 | 2008-02-01 |
| TEHIO, Olivier Laille | Director | 2020-08-06 | 2025-02-14 |
| VOLPE, Remigio | Director | 2015-10-30 | 2017-07-21 |
| WOOD SMITH, Ian Michael | Director | 1995-12-14 | 1996-05-10 |
| ZAPF, Robert | Director | 2009-04-01 | 2010-05-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Honeywell International Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-17 | AA | accounts | Accounts with accounts type full | |
| 2026-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-15 | AA | accounts | Accounts with accounts type full | |
| 2024-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-18 | AA | accounts | Accounts with accounts type full | |
| 2023-07-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-16 | CH01 | officers | Change person director company with change date | |
| 2023-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-01 | CH01 | officers | Change person director company with change date | |
| 2023-01-10 | AA | accounts | Accounts with accounts type full | |
| 2022-08-17 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-17 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.