PITNEY BOWES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-18 (this month)
Last made up 2025-05-04
Watchouts
None on the register
Cash
£12M
-27.7% vs 2023
Net assets
£84M
-11.3% vs 2023
Employees
283
-18.7% vs 2023
Profit before tax
£6M
-20.9% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £52,474,000 | £38,530,000 | |
| Operating profit | £4,711,000 | £3,798,000 | |
| Profit before tax | £7,586,000 | £5,999,000 | |
| Net profit | £5,739,000 | £3,600,000 | |
| Cash | £17,076,000 | £12,342,000 | |
| Total assets less current liabilities | £103,674,000 | £107,908,000 | |
| Net assets | £94,743,000 | £84,045,000 | |
| Equity | £94,743,000 | £84,045,000 | |
| Average employees | 348 | 283 | |
| Wages | £20,538,000 | £17,247,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 9.0% | 9.9% | |
| Net margin | 10.9% | 9.3% | |
| Return on capital employed | 4.5% | 3.5% | |
| Current ratio | 4.67x | 5.42x | |
| Interest cover | — | 23.30x |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, these entity financial statements have been prepared on a going concern basis.”
Group structure
- PITNEY BOWES LIMITED · parent
- Pitney Bowes Ireland Limited 50%
- The Pitney Bowes Pension Fund Trustee Limited 100%
- Pitney Bowes International Finance Limited 100%
Significant events
- “The company has entered into bank guarantee contracts totalling £200,000 (2023: £300,000), mainly in relation to an HM Customs & Excise guarantee.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLSHER, Gerard Richard | Secretary | 2025-12-19 | — | — |
| HIGGINSON, Ryan John | Director | 2016-12-28 | Sep 1973 | English |
| WILLSHER, Gerard Richard | Director | 2001-09-30 | Jan 1967 | British |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BISWELL, Victoria Lorraine | Secretary | 2025-09-23 | 2025-12-19 |
| COUPLAND, Jeffrey Leslie | Secretary | 1995-05-11 | 2003-04-24 |
| GLYNN, Curtis James | Secretary | 1993-08-02 | 1995-05-11 |
| HEWETT, John Christopher | Secretary | — | 1993-01-01 |
| MOLONEY, William Francis | Secretary | 1993-03-18 | 1993-08-02 |
| WILLSHER, Gerard Richard | Secretary | 2003-04-24 | 2025-09-22 |
| BONTHRONE, Stuart Richard | Director | 2005-01-01 | 2008-12-15 |
| BREEDLOVE, Frank William | Director | — | 1992-11-28 |
| CHOPRA, Deepak | Director | 1999-03-30 | 2002-05-17 |
| COLYER, Martin Stanley, Mr. | Director | 1996-01-12 | 1999-05-15 |
| COUPLAND, Jeffrey Leslie | Director | 2003-04-24 | 2018-04-03 |
| CRITELLI, Michael Joseph | Director | 1997-07-29 | 2001-09-13 |
| CURTIS, John Beddard | Director | — | 1992-04-06 |
| DAVIDSON, Ian | Director | 2011-01-19 | 2015-08-08 |
| DAVIDSON, Ian | Director | 2011-01-19 | 2011-01-19 |
| DENNEY, David | Director | 2000-03-20 | 2018-02-28 |
| DREVER, Robin Angus Sinclair | Director | 1996-11-04 | 2000-02-13 |
| DUFFY, Gerald Francis | Director | 1992-06-16 | 2000-02-29 |
| FLETCHER, Leonard James | Director | — | 1996-02-16 |
| GARRETT, Anthony David | Director | — | 1992-11-09 |
| GILLIGAN, Timothy Joseph | Director | — | 1992-11-09 |
| GRIECO, Stephen | Director | 2001-11-01 | 2005-01-01 |
| HARVEY, George Burton | Director | — | 1997-07-29 |
| HIRANANDANI, Hiro Rewachand | Director | — | 1994-12-31 |
| JACKSON, Ernest Jean | Director | 2001-09-30 | 2009-01-05 |
| JACKSON, Phillip Murray | Director | — | 1995-06-30 |
| JELLY, Patrick Francis | Director | 2008-12-15 | 2015-08-06 |
| JESSON, Helen Margaret | Director | 2008-03-27 | 2011-06-30 |
| KEDDY, Patrick John | Director | 1998-10-19 | 2010-12-30 |
| MARTIN, Murray | Director | 1998-10-19 | 2001-09-13 |
| MCLACHLAN, Roy Jackson | Director | — | 1991-08-08 |
| MORGAN, Janet Patricia, Doctor | Director | 1991-06-14 | 1992-11-09 |
| MORGAN, John William Harold | Director | — | 1992-11-09 |
| ROBERTS, Gary John | Director | 2011-11-11 | 2013-10-31 |
| ROWLANDS, Michael John | Director | 1992-06-15 | 1994-03-31 |
| SHAKIR, Salman | Director | 2002-05-17 | 2008-03-27 |
| SMITH, Malachy Paul | Director | 1995-04-21 | 1998-10-15 |
| SPIELBERGER, Ralf | Director | 2011-06-30 | 2015-07-07 |
| STEARN, Alan | Director | 2000-06-14 | 2001-09-30 |
| WALKER, Stephen | Director | — | 1994-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pitney Bowes Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
| Pitney Bowes Inc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 251 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-06 MA Memorandum articles
- 2023-11-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-22 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-12-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-09-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-14 | AA | accounts | Accounts with accounts type full | |
| 2023-11-06 | MA | incorporation | Memorandum articles | |
| 2023-11-06 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-26.6%
£52,474,000 £38,530,000
-
Cash
-27.7%
£17,076,000 £12,342,000
-
Net assets
-11.3%
£94,743,000 £84,045,000
-
Employees
-18.7%
348 283
-
Operating profit
-19.4%
£4,711,000 £3,798,000
-
Profit before tax
-20.9%
£7,586,000 £5,999,000
-
Wages
-16%
£20,538,000 £17,247,000
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