PIERCE PRODUCTION COMPANY LIMITED
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Cash
£5.5M
Latest balance sheet
Net assets
£4.8M
+21.8% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£923K
+18.2% highest in 3 filed years
Net assets
3-year trend · vs Energy 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 | £76,864,000 | £84,028,000 | £98,275,000 | +17% | |
| Operating profit | £1,652,000 | £754,000 | £911,000 | +20.8% | |
| Profit before tax | £732,000 | £781,000 | £923,000 | +18.2% | |
| Net profit | £777,000 | £954,000 | £867,000 | -9.1% | |
| Cash | £0 | £0 | £5,513,000 | — | |
| Total assets less current liabilities | £3,017,000 | £3,971,000 | £4,838,000 | +21.8% | |
| Net assets | £3,017,000 | £3,971,000 | £4,838,000 | +21.8% | |
| Equity | £3,017,000 | £3,971,000 | £4,838,000 | +21.8% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £0 | £0 | £0 | — |
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 | 2.1% | 0.9% | 0.9% | |
| Net margin | 1.0% | 1.1% | 0.9% | |
| Return on capital employed | 54.8% | 19.0% | 18.8% | |
| Gearing (liabilities / total assets) | 79.3% | 60.6% | — | |
| Current ratio | 1.21x | 1.53x | 1.12x | |
| Interest cover | 1.80x | — | — |
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 102
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the financial position and the expected trading outlook, the directors have developed a reasonable expectation that the company will continue as a going concern for the foreseeable future. Accordingly, the financial statements are prepared under the going concern basis.”
Significant events
- “The 2026 Iran war began on 28 February 2026, when the United States and Israel launched surprise airstrikes on multiple sites and cities across Iran, targeted at Iran's Supreme Leader and numerous other Iranian officials. Iran has retaliated by striking multiple countries in the Middle East with aerial attacks and restricting passage for vessels through the Strait of Hormuz. There is no clear end-sight yet to the still developing situation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VAN DE KORPUT, Adriaan Petrus | Director | 2017-11-02 | Mar 1958 | Dutch |
| VAN DER LAAN, Arie Adrianus | Director | 2018-01-12 | Aug 1966 | Dutch |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARNELL, Malcolm | Secretary | 1998-01-08 | 1999-12-08 |
| BOWER, Edwin Matthew | Secretary | 2006-04-25 | 2009-06-18 |
| ELLEVSET, Jan | Secretary | 2000-05-10 | 2001-11-09 |
| PRITCHARD, Trevor | Secretary | 2003-09-22 | 2005-05-25 |
| WILLIAMS, Peter John | Secretary | 2005-05-25 | 2006-04-25 |
| WIRAK, Stanley | Secretary | 1999-12-08 | 2000-05-10 |
| WFW LEGAL SERVICES LIMITED | Corporate Secretary | 2001-11-09 | 2003-09-22 |
| ANDERSEN, Erik | Director | 1998-08-17 | 2000-05-10 |
| ANDERSSON, Gerard | Director | 1998-08-17 | 2000-09-29 |
| BOWER, Edwin Matthew | Director | 2009-06-18 | 2009-10-08 |
| BUARY, Torfinn | Director | 2000-05-10 | 2001-11-09 |
| DATEMA, Geert | Director | 2015-07-06 | 2017-11-02 |
| DE KLERK, Maarten Arnout | Director | 2009-06-18 | 2015-07-06 |
| DEVILEE, Robertus Leonardus | Director | 2014-01-13 | 2015-09-11 |
| FROWEIN, Werner Karel | Director | 2015-09-11 | 2018-01-12 |
| HARDEBOL, Jeroen | Director | 2009-10-08 | 2014-01-13 |
| KLEV, Jens Andreas | Director | 1998-08-17 | 2001-11-09 |
| MILLMAKER, Allan Blair | Director | 1998-04-21 | 2001-11-09 |
| PEACE, Duncan | Director | 2000-12-13 | 2001-11-09 |
| ROSS, Ian Wray Munro | Director | 2001-11-09 | 2012-06-30 |
| SVENDSEN, Ann-Elisabeth | Director | 1998-01-08 | 1998-04-21 |
| VAN DE KORPUT, Adriaan Petrus | Director | 2003-11-01 | 2009-06-18 |
| VOORMOLEN, Cornelis | Director | 2001-11-09 | 2002-01-08 |
| WIIK, Erik | Director | 1999-12-08 | 2000-05-10 |
| WIRAK, Stanley | Director | 2000-05-10 | 2001-11-09 |
| WIRAK, Stanley | Director | 1998-08-17 | 1999-12-08 |
| ZOBEL, Ivan George Reinhardt | Director | 1998-08-17 | 2001-11-09 |
| ZOON, Ruud Boudewijn | Director | 2002-01-08 | 2003-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bluewater Services (Uk) Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 176 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-31 | AA | accounts | Accounts with accounts type full | |
| 2026-01-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-15 | AA | accounts | Accounts with accounts type full | |
| 2025-03-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-11 | AA | accounts | Accounts with accounts type full | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-24 | AA | accounts | Accounts with accounts type full | |
| 2023-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-06-13 | AA | accounts | Accounts with accounts type full | |
| 2022-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-23 | AA | accounts | Accounts with accounts type full | |
| 2021-02-25 | 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
- 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.