PESECO LIMITED
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Cash
£948K
USD 1,266,773
+1,122.4% highest in 4 filed years
Net assets
£1.6M
USD 2,117,139
+14.5% vs 2024
Employees
9
-18.2% vs 2024
Profit before tax
£337K
USD 449,787
+650.4% first positive since 2021
Net assets
4-year trend · vs Energy median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £6,740,695 | £15,230,402 | £9,818,819 | £10,020,603 | +2.1% | |
| Operating profit | -£713,821 | £576,535 | £69,658 | £381,568 | +447.8% | |
| Profit before tax | -£724,544 | £543,167 | £44,871 | £336,717 | +650.4% | |
| Net profit | -£588,484 | £369,122 | £53,010 | £232,151 | +337.9% | |
| Cash | £128,894 | £494,136 | £77,580 | £948,325 | +1,122.4% | |
| Total assets less current liabilities | £1,830,685 | £1,371,423 | £1,384,658 | £1,584,922 | +14.5% | |
| Net assets | — | £1,371,423 | £1,384,658 | £1,584,922 | +14.5% | |
| Equity | £1,830,685 | £1,371,423 | £1,384,658 | £1,584,922 | +14.5% | |
| Average employees | 8 | 8 | 11 | 9 | -18.2% | |
| Wages | — | £370,468 | £400,063 | £394,174 | -1.5% | |
| Directors' remuneration | — | £423,753 | £450,359 | — | — |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | -10.6% | 3.8% | 0.7% | 3.8% | |
| Net margin | -8.7% | 2.4% | 0.5% | 2.3% | |
| Return on capital employed | -39.0% | 42.0% | 5.0% | 24.1% | |
| Gearing (liabilities / total assets) | — | 71.0% | 65.6% | — | |
| Current ratio | — | 1.41x | 1.46x | 1.18x | |
| Interest cover | -65.34x | 16.90x | 2.65x | 8.46x |
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
- PESECO LIMITED 2024-09-03 → present
- PETROLEUM EQUIPMENT SUPPLY ENGINEERING COMPANY LIMITED 1998-11-09 → 2024-09-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that both the group and the company have adequate resources to continue in operational existence for the foreseeable future. The group and the company can also rely on financial support from its parent company, if required. Both therefore continue to adopt the going concern basis in preparing financial statements.”
Group structure
- PESECO LIMITED · parent
- PESECO B.V. 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RAEBURN CHRISTIE CLARK & WALLACE LLP | Corporate Secretary | 2019-08-01 | — | — |
| BRADLEY, Ilirjana | Director | 2020-04-16 | Jun 1978 | British |
| GLOBAL RENEWABLE ENERGY INVESTMENTS B.V. | Corporate Director | 2024-08-29 | — | — |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURNSIDE KEMP FRASER ADVOCATES | Corporate Secretary | 1998-11-09 | 2004-05-01 |
| OSWALDS OF EDINBURGH LIMITED | Corporate Nominee Secretary | 1998-11-09 | 1998-11-09 |
| RAEBURN CHRISTIE CLARK & WALLACE | Corporate Secretary | 2004-05-01 | 2019-07-31 |
| BATTENSBY, Stanley | Director | 2010-09-29 | 2020-05-27 |
| BRADLEY, Ilirjana (Lila) | Director | 2010-09-29 | 2018-02-21 |
| BRUGGINK, Maarten Roderik | Director | 2020-04-16 | 2024-08-29 |
| DUIJNDAM, Bart Edward | Director | 2008-12-09 | 2018-03-30 |
| GILCHRIST, Derek | Director | 2010-09-29 | 2017-03-28 |
| VAN DEN BOS, Gaby | Director | 2008-03-26 | 2008-06-16 |
| WOODROW, Timothy John | Director | 1998-11-09 | 2010-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bart Edward Duijndam | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-08-19 | Active |
| Mr Bart Edward Duijndam | Individual | Shares 75–100%, Voting 75–100% | 2018-04-11 | Ceased 2023-09-29 |
| Peseco Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2018-03-30 |
Filing timeline
Last 20 of 113 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-03 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-14 | AA | accounts | Accounts with accounts type group | |
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-23 | AA | accounts | Accounts with accounts type group | |
| 2024-11-15 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-11-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-15 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-09-03 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-09-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-02 | AP02 | officers | Appoint corporate director company with name date | |
| 2024-07-30 | AA | accounts | Accounts with accounts type full | |
| 2023-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-15 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-11-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-03-15 | AA | accounts | Accounts with accounts type full | |
| 2022-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-24 | AA | accounts | Accounts with accounts type full | |
| 2021-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-23 | AA | accounts | Accounts with accounts type full | |
| 2020-11-07 | CS01 | confirmation-statement | Confirmation statement with no 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.