PRITT & CO.,LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-23 (in 10mo)
Last made up 2026-03-09
Watchouts
Cash
£6M
-16.6% vs 2023
Net assets
£117M
-1.8% vs 2023
Employees
219
-6.8% vs 2023
Profit before tax
-£4M
-268.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £133,024,000 | £110,976,000 | |
| Operating profit | £1,947,000 | -£1,519,000 | |
| Profit before tax | -£1,144,000 | -£4,215,000 | |
| Net profit | -£2,074,000 | -£5,232,000 | |
| Cash | £6,794,000 | £5,666,000 | |
| Total assets less current liabilities | £160,494,000 | £160,424,000 | |
| Net assets | £119,624,000 | £117,454,000 | |
| Equity | £119,624,000 | £117,454,000 | |
| Average employees | 235 | 219 | |
| Wages | £17,407,000 | £16,557,000 |
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 | 1.5% | -1.4% | |
| Net margin | -1.6% | -4.7% | |
| Return on capital employed | 1.2% | -0.9% | |
| Gearing (liabilities / total assets) | 39.3% | 38.3% | |
| Current ratio | 1.89x | 2.35x | |
| Interest cover | 0.63x | -0.56x |
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
- Anstey Bond LLP
- Audit opinion
- Qualified
- Going concern
- Affirmed
“An assessment of the Group's ability to continue as a going concern was executed, taking into account all available information about the future, which is at least, but not limited to, twelve months from the end of the reporting period. No events have been identified nor conditions were found which may cast significant doubt upon the company's ability to continue as a going concern. The financial statements have been prepared on the basis of going concern.”
Group structure
- PRITT & CO.,LIMITED · parent
- Prembro Limited 100%
- Pritt Intertrade Limited 100%
- Metals International B.V. 100%
- Finaco Treuhand A.G. 100%
- LN Industries S.A. 100%
- Niklaus LNI S.A. 30%
- Tavelli et Bruno S.A. 100%
- Vernier Entrepôots S.A. 100%
- Société Financière Louise-Claire S.A. 100%
- Metal Paint AG 50%
- Metalcolor S.A. 100%
- Tavelli Noverraz S.A. 100%
- Napa Investments Pte. Ltd. 100%
- CATISA A.G. 100%
- Al Khaleej Metal Coat LLC 49%
- Pareselsus Holding B.V. 100%
- Laboratory & Industrial Gas Generation S.r.l. 46%
- LNI Swissgas GmbH 23%
- LNI Swissgas SRL 46%
- Microprogel SRL 46%
- LNI Swissgas (Sea) Pte. Ltd. 23%
- LNI Swissgas Latam SA de CV 23%
- LNI Swissgas US LLC 23%
- LNI Swissgass E Sp Z.o.o 23%
- LNI Swissgas S.A. 46%
- Pudun lab Equipment (Shanghai) Co. Ltd. 23%
- LNI Gas Generators India Pvt. Ltd. 46%
- Tooks B.V. 100%
- Temboo Inc. 100%
- Kollyde Holding B.V. 49%
- Kollyde Ltd. 49%
- Joseph Van de Loo B.V. 100%
- VRP Management B.V. 100%
Significant events
- “The ongoing war in Ukraine and the resultant energy crisis, forecasted drop in demand and the uncertain market situation has and continues to test the best of businesses globally.”
- “restructuring alternatives for tech companies were started in 2021 and continued into 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AQUASS SECRETARIES LIMITED | Corporate Secretary | 2020-10-08 | — | — |
| CAVAS, Burzin Daruwala | Director | 2014-02-25 | Nov 1963 | British |
| MULLER, Christophe | Director | 2026-02-05 | Feb 1967 | Swiss |
| POINSITT, Robert, Mr. | Director | 2024-01-31 | Jan 1977 | Austrian |
| SHAH, Rajnikant | Director | 2026-02-05 | May 1948 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WM BROWN (REGISTRARS) LIMITED | Corporate Secretary | — | 2020-10-08 |
| BRAME, Sidney Reginald | Director | — | 1994-10-03 |
| CAMPBELL, John Edward | Director | 2021-10-01 | 2024-11-07 |
| CHIVERS, Leonard George | Director | 1994-10-03 | 2003-12-03 |
| D'CRUZ, Winston Victor | Director | — | 2014-12-31 |
| NARENDRAN, Padmanabhan | Director | 1997-12-01 | 2000-01-21 |
| QUINN, Edward | Director | 2008-03-03 | 2017-11-10 |
| RICHARDSON, Rex Hanson | Director | 2004-03-01 | 2007-01-07 |
| SHANKAR, Narayan | Director | — | 2001-03-26 |
| VAN ES, Adrianus Johannes | Director | 2017-11-10 | 2026-02-05 |
| VENKATESHA, Subrahmanyan | Director | — | 1997-10-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Devinlop Trust Reg | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-03-01 | Active |
| Intermin S.A. | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-03-01 |
| Edward Quinn | Individual | Appoints directors | 2016-04-06 | Ceased 2017-11-10 |
| Burzin Daruwala Cavas | Individual | Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 244 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-14 | AA | accounts | Accounts with accounts type group | |
| 2025-04-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-11 | AA | accounts | Accounts with accounts type group | |
| 2024-11-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-19 | AA | accounts | Accounts with accounts type group | |
| 2023-08-21 | CH01 | officers | Change person director company with change date | |
| 2023-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-02 | AA | accounts | Accounts with accounts type group | |
| 2022-03-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-10-11 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-08 | AA | accounts | Accounts with accounts type group | |
| 2021-03-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-01 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-16.6%
£133,024,000 £110,976,000
-
Cash
-16.6%
£6,794,000 £5,666,000
-
Net assets
-1.8%
£119,624,000 £117,454,000
-
Employees
-6.8%
235 219
-
Operating profit
-178%
£1,947,000 -£1,519,000
-
Profit before tax
-268.4%
-£1,144,000 -£4,215,000
-
Wages
-4.9%
£17,407,000 £16,557,000
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