P.J.H. GROUP LIMITED

1. P.J.H. GROUP LIMITED 1986-09-12 → present
2. PETER J. HOPKINSON LIMITED 1984-07-24 → 1986-09-12
3. PETER J. HOPKINSON (PLUMBING FACTORS) LIMITED 1976-12-31 → 1984-07-24
4. PETER J. HOPKINSON (PLUMBERS MERCHANTS) LIMITED 1972-05-26 → 1976-12-31

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on internal forecasts and projections, the Directors believe that the Company has adequate financial resources, including available banking facilities, which are subject to periodic renewal, to continue in operation for the foreseeable future and meet their liabilities as they fall due, for a period of at least 12 months from the date of approval of these financial statements. Accordingly, the Directors are satisfied that the going concern basis of preparation is appropriate.”

Significant events

• “2024 has been a good year for the Company, with Gross Profit being maintained, despite a challenging economy. Improved sales mix has allowed the Company to maintain the Gross Profit value by overall improvement of the Gross Profit percentage on a slightly lower turnover value.”
• “Both Operating Profit and EBITDA (Earnings before interest, tax, depreciation and amortisation) showed a reduction on 2023, which is partly attributable to exceptional costs in respect of the investment in a new distribution centre, and legal costs and professional fees in respect of changes in the defined benefit pension investment strategy.”
• “The past year has seen significant progress for PJH Group, with a major milestone being the development of a new Distribution Centre in Wolverhampton, to replace our Distribution Centre in Cannock, and almost double the size. This relocation represents a substantial investment in the future growth and sustainability of our business.”
• “During 2024, PJH have reduced risk in the Defined Benefit Pension Scheme and increased the security of members' benefits by purchasing an insurance policy with Utmost Life and Pensions Limited ('Utmost') known as a bulk annuity policy.”
• “On 28 March 2025, the Company entered into a lease agreement for a new Distribution Centre in Wolverhampton. The lease commenced on 28 March and will run for a period of 15 years.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -2.5%

  £176,442,000 → £172,057,000

• Cash

  +22.6%

  £31,000 → £38,000

• Net assets

  -2.6%

  £23,166,000 → £22,566,000

• Employees

  -2.3%

  606 → 592

• Operating profit

  -55.7%

  £7,062,000 → £3,126,000

• Profit before tax

  -62.1%

  £6,384,000 → £2,418,000

• Wages

  +4.4%

  £20,185,000 → £21,070,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers