PZ CUSSONS PLC
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Next accounts due
2026-11-30 (in 6mo)
Last filed for 2025-05-31
Confirmation statement due
2026-12-22 (in 7mo)
Last made up 2025-12-08
Watchouts
None on the register
Cash
£45M
-12.1% vs 2024
Net assets
£214M
-9.2% vs 2024
Employees
2,411
-6.1% vs 2024
Profit before tax
£7M
+106.8% vs 2024
Name history
Renamed 1 time since incorporation
- PZ CUSSONS PLC 2002-05-31 → present
- PATERSON ZOCHONIS PUBLIC LIMITED COMPANY 1884-02-20 → 2002-05-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-05-31
| Metric | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Turnover | £527,900,000 | £513,800,000 | |
| Operating profit | -£83,700,000 | £20,600,000 | |
| Profit before tax | -£95,900,000 | £6,500,000 | |
| Net profit | -£71,800,000 | -£5,200,000 | |
| Cash | £51,300,000 | £45,100,000 | |
| Total assets less current liabilities | £459,200,000 | £374,900,000 | |
| Net assets | £235,200,000 | £213,500,000 | |
| Equity | £235,200,000 | £213,500,000 | |
| Average employees | 2,567 | 2,411 | |
| Wages | £69,200,000 | £64,600,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Operating margin | -15.9% | 4.0% | |
| Net margin | -13.6% | -1.0% | |
| Return on capital employed | -18.2% | 5.5% | |
| Gearing (liabilities / total assets) | 63.8% | 65.3% | |
| Current ratio | 1.17x | 1.03x | |
| Interest cover | -3.46x | 1.14x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group believes its business activities, together with the factors likely to affect its future development, performance and position are set out in the Strategic Report...the Directors are satisfied that there remains a reasonable expectation that the Group will be able to continue in operational existence for at least twelve months from the date of approval of the financial statements.”
Group structure
- PZ CUSSONS PLC · parent
- PZ Cussons (Holdings) Limited 100%
- PZ Cussons Australia Pty Limited 100%
- PZ Cussons Beauty Australia 100%
- Rafferty's Garden Pty Limited 100%
- United Laboratories Limited 100%
- PZ Cussons (New Zealand) Pty Limited 100%
- Paterson Services (Shanghai) Limited 100%
- Bronsons Holdings Limited 100%
- Milk Ventures (UK) Limited 100%
- PZ Cussons (Holdings) Limited 100%
- PZ Cussons (International Finance) Limited 100%
- PZ Cussons (International) Limited 100%
- PZ Cussons (UK) Limited 100%
- PZ Cussons Beauty LLP
- Seven Scent Limited 100%
- St. Tropez Acquisition Co. Limited 100%
- St. Tropez Holdings Limited 100%
- St. Tropez Operations Limited 100%
- Thermocool Engineering Company Limited 100%
- PZ Cussons Acquisition Co Limited 100%
- Tadley Holdings Limited 100%
- Childs Farm Ltd 100%
- PZ Cussons Ghana Plc 100%
- Parnon (Hong Kong) Limited 100%
- PZ Cussons (Hong Kong) Limited 100%
- PZ Cussons India PVT Limited 100%
- PT PZ Cussons Indonesia 100%
- PZ Cussons (Europe) Limited 100%
- Childs Farm Europe Ltd 100%
- PZ Cussons East Africa Limited 99.99%
- Food for Life International Limited 99.99%
- Harefield Industrial Nigeria Limited 99.99%
- HPZ Limited 74.99%
- Nutricima Limited 99.99%
- PZ Cussons Nigeria PLC 99.99%
- Roberta Pharmaceuticals Limited 100%
- PZ Cussons Polska S.A. 100%
- PZ Cussons Singapore Private Limited 100%
- Guardian Holdings Company Limited 49%
- PZ Cussons (Thailand) Limited 99.99%
- PZ Cussons Middle East and South Asia FZE 100%
- Sanctuary St Tropez Inc. 100%
- Childs Farm, Inc. 100%
Significant events
- “On 18 June 2025, the Group announced it had signed an agreement to sell its 50% equity interest in PZ Wilmar Limited, a Nigerian edible oils, oleochemicals, and fats business, to Wilmar International Limited for total cash proceeds of £179 million (£51 million initially payable in US Dollars). After taxes, fees and other costs, net proceeds are expected to be approximately £64 million (£47 million). Completion is expected to take place in the last quarter of calendar year 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 48 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MOUSTAFA, Kareem | Secretary | 2024-08-01 | — | — |
| AHUJA, Vivek Gopaldas | Director | 2024-05-01 | Sep 1966 | Singaporean |
| BASHFORTH, Ann Kirsty | Director | 2019-11-01 | Jan 1970 | British |
| BRAMALL, Janine | Director | 2026-03-23 | Oct 1972 | British |
| JUAREZ, Valeria | Director | 2021-09-22 | Aug 1973 | British |
| MYERS, Jonathan Charles | Director | 2020-05-01 | Apr 1969 | British |
| SODHA, Jitesh Himatlal | Director | 2021-07-01 | Jan 1968 | British |
| TYLER, David | Director | 2022-11-24 | Jan 1953 | British |
Show 48 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARRISON, Thomas Frederick George | Secretary | — | 2001-12-31 |
| LEIGH, Brandon Howard | Secretary | 2004-02-23 | 2008-08-31 |
| MASSIE, Kevin Michael | Secretary | 2020-06-01 | 2024-08-01 |
| MCDERMOTT, Alaric Paul | Secretary | 2002-12-01 | 2004-02-23 |
| PLANT, Simon Paul | Secretary | 2008-09-01 | 2020-05-31 |
| SMITH, Ruston Arthur Mark | Secretary | 2002-01-01 | 2002-11-30 |
| ARNOLD, John Andre, Professor | Director | 2007-01-01 | 2016-12-31 |
| CALDER, Archibald Graham | Director | 1998-04-01 | 2010-03-31 |
| DAVIS, Chris | Director | 2006-01-01 | 2017-09-27 |
| EDOZIEN, Ngozi | Director | 2012-01-01 | 2017-09-27 |
| GIANNOPOULOS, John | Director | — | 1992-05-05 |
| GIOURAS, Panayiotis | Director | — | 2001-05-31 |
| GODWIN, David Christopher | Director | 1998-10-01 | 2005-09-30 |
| GREEN, Anthony John | Director | — | 2010-06-30 |
| GREEN, Christopher Nigel | Director | — | 2006-05-31 |
| GRIMWOOD, Paul | Director | 2019-11-01 | 2020-04-30 |
| HARRISON, Thomas Frederick George | Director | 1993-10-26 | 2001-12-31 |
| HARVEY, Richard John | Director | 2010-01-01 | 2016-12-31 |
| HEALE, Simon John Newton | Director | 2008-01-01 | 2013-12-31 |
| HERBERT, Keith | Director | — | 1999-03-31 |
| HUNTER, David Ian | Director | 1994-01-01 | 1998-12-31 |
| KANELLIS, Anthony George | Director | — | 1994-12-31 |
| KANELLIS, George Alexander | Director | 2003-06-01 | 2020-01-31 |
| KUCZ, Dariusz | Director | 2018-05-01 | 2023-09-14 |
| LEE, John Robert Louis, Lord Lee Of Trafford | Director | — | 2000-12-31 |
| LEIGH, Brandon Howard | Director | 2006-01-01 | 2019-06-13 |
| LEWIS, Derek William | Director | 2004-06-01 | 2012-09-19 |
| LOUDIADIS, Lycourgos | Director | — | 1995-12-31 |
| LOUPOS, George Anargyros | Director | — | 1996-05-31 |
| MAIDEN, Jeremy Kim | Director | 2016-11-01 | 2020-05-31 |
| MINICK-SCOKALO, Tamara Lee | Director | 2018-05-01 | 2020-11-26 |
| NICOLOULIAS, Constantin | Director | 2000-06-01 | 2007-05-31 |
| NICOLSON, John Ross | Director | 2016-05-01 | 2024-11-21 |
| OWERS, Helen | Director | 2012-01-01 | 2020-11-26 |
| PANTELIREIS, John | Director | 2005-06-01 | 2013-03-31 |
| POLLARD, Sarah | Director | 2021-01-04 | 2026-02-13 |
| ROGERS, William Scofield | Director | 1997-01-01 | 2004-05-31 |
| SELLERS, Rodney Horrocks | Director | 2000-01-01 | 2007-05-31 |
| SILVER, Caroline Louise | Director | 2014-04-01 | 2023-03-23 |
| SMITH, James David Michael | Director | 2000-03-01 | 2008-05-31 |
| SMYTH, Philip Jonathan | Director | 1998-06-01 | 2007-05-31 |
| SPYRIDOULIAS, John | Director | 1996-01-01 | 2006-02-28 |
| STEEL, James Thomas Jordan | Director | 2005-10-01 | 2014-12-23 |
| TOWNSEND, Jeremy Charles Douglas | Director | 2020-04-01 | 2024-02-28 |
| WHITEWOOD, David Malcolm | Director | 2002-06-01 | 2005-05-31 |
| WHITTAKER, Alan | Director | — | 1998-05-31 |
| WILTSHIRE, Stanley William | Director | — | 1997-05-31 |
| ZOCHONIS, John Basil, Sir | Director | — | 1993-12-06 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 342 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-26 RESOLUTIONS Resolution
- 2024-11-23 RESOLUTIONS Resolution
- 2023-12-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-12 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-12-10 | CH01 | officers | Change person director company with change date | |
| 2025-11-26 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-30 | AA | accounts | Accounts with accounts type group | |
| 2025-03-06 | CH01 | officers | Change person director company with change date | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-23 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-30 | AA | accounts | Accounts with accounts type interim | |
| 2024-10-25 | AA | accounts | Accounts with accounts type group | |
| 2024-10-08 | CH01 | officers | Change person director company with change date | |
| 2024-08-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-07 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.
Year-on-year
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
-2.7%
£527,900,000 £513,800,000
-
Cash
-12.1%
£51,300,000 £45,100,000
-
Net assets
-9.2%
£235,200,000 £213,500,000
-
Employees
-6.1%
2,567 2,411
-
Operating profit
+124.6%
-£83,700,000 £20,600,000
-
Profit before tax
+106.8%
-£95,900,000 £6,500,000
-
Wages
-6.6%
£69,200,000 £64,600,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers