PANINI UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-17 (in 4mo)
Last made up 2025-09-03
Watchouts
Cash
£1M
-88.6% vs 2023
Net assets
£30M
+4.4% vs 2023
Employees
33
+6.5% vs 2023
Profit before tax
£200K
-74.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 3 times since incorporation
- PANINI UK LIMITED 1996-01-10 → present
- PANINI PUBLISHING LIMITED 1986-12-05 → 1996-01-10
- MINICARDS LIMITED 1976-12-31 → 1986-12-05
- BEZWELL LIMITED 1976-09-03 → 1976-12-31
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 | £57,997,729 | £54,468,014 | |
| Operating profit | £2,225,610 | £301,794 | |
| Profit before tax | £773,601 | £199,753 | |
| Net profit | -£908,472 | £1,268,448 | |
| Cash | £12,875,359 | £1,471,736 | |
| Total assets less current liabilities | £224,902,631 | £222,731,127 | |
| Net assets | £28,854,278 | £30,122,726 | |
| Equity | £28,854,278 | £30,122,726 | |
| Average employees | 31 | 33 | |
| Wages | £1,751,191 | £3,233,514 |
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 | 3.8% | 0.6% | |
| Net margin | -1.6% | 2.3% | |
| Return on capital employed | 1.0% | 0.1% | |
| Current ratio | 6.83x | 13.75x | |
| Interest cover | 0.74x | 0.09x |
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
- Kreston Reeves LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing cash flow forecasts for the wider Panini Group companies, together with availability of group-wide financing in the light of a group support letter being provided to the UK company by the immediate parent, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future being at least for the next twelve months from the approval of these financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “Significant investment continues to be made in acquiring licenses for future products. The current Premier League license expires in 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARAVECCHIA, Giorgio Alberto | Director | 2022-12-01 | Mar 1967 | Italian |
| CLOVER, Christopher Paul | Director | 2025-01-01 | Apr 1981 | British |
| FARIA, Ivam Ataide | Director | 2025-05-06 | Mar 1963 | Brazilian |
| RIDDELL, Michael Thomas | Director | 2001-01-01 | Jul 1956 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COMERFORD, Carolyn Marie | Secretary | 1997-12-31 | 2005-03-29 |
| DOBSON, Paul | Secretary | 2005-03-29 | 2018-10-12 |
| HARRIS, John Peter | Secretary | 1993-05-18 | 1997-12-31 |
| RIDDELL, Michael Thomas | Secretary | — | 1993-06-05 |
| BARNES, Robert Bruce | Director | 1992-11-09 | 1993-07-31 |
| EDWARD STEVENS HOARE, Miles | Director | 2000-06-01 | 2000-12-31 |
| GUILD, David William | Director | — | 1992-11-09 |
| HARRIS, John Peter | Director | 1997-12-31 | 2022-11-30 |
| IPPOLITO, Francesco | Director | 1992-11-09 | 1994-05-23 |
| MARTINS, Jose Eduardo Severo | Director | 1994-05-23 | 1996-05-31 |
| MASKELL, Richard Charles | Director | 1992-11-27 | 2000-05-31 |
| RIDDELL, Michael Thomas | Director | — | 1992-11-09 |
| SALLUSTRO, Aldo Hugo | Director | 1992-11-09 | 2025-04-21 |
| ZIRPOLI, Luigi | Director | 1996-06-01 | 1997-12-31 |
| ZOMERDIJK, Frank | Director | — | 1992-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Miss Anna Baroni | Individual | Significant influence | 2025-04-21 | Active |
| Mr Aldo Hugo Sallustro | Individual | Shares 50–75%, Appoints directors | 2016-04-06 | Ceased 2025-04-21 |
Filing timeline
Last 20 of 173 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-09 | AA | accounts | Accounts with accounts type full | |
| 2025-09-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-05-19 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-02 | CH01 | officers | Change person director company with change date | |
| 2025-01-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-11 | AA | accounts | Accounts with accounts type full | |
| 2024-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-19 | AA | accounts | Accounts with accounts type full | |
| 2023-09-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-12 | AA | accounts | Accounts with accounts type full | |
| 2022-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-02-01 | AA | accounts | Accounts with accounts type full | |
| 2020-11-17 | 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
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-6.1%
£57,997,729 £54,468,014
-
Cash
-88.6%
£12,875,359 £1,471,736
-
Net assets
+4.4%
£28,854,278 £30,122,726
-
Employees
+6.5%
31 33
-
Operating profit
-86.4%
£2,225,610 £301,794
-
Profit before tax
-74.2%
£773,601 £199,753
-
Wages
+84.6%
£1,751,191 £3,233,514
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