PRAMAC-GENERAC UK LIMITED

1. PRAMAC-GENERAC UK LIMITED 2018-04-07 → present
2. PRAMAC (UK) LIMITED 2002-02-15 → 2018-04-07
3. BROOK THOMPSON LIMITED 1979-12-31 → 2002-02-15
4. VOEWEN LIMITED 1979-06-22 → 1979-12-31

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

Kilsby & Williams LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At 31 December 2024, the company made a loss before tax of £3,782,393 (2023: £755,518) and has net current liabilities of £12,379,543 (2023: 11,289,802). As a result, the directors have had to consiter whether the going concern basis is appropriate. Amounts owed to group undertakings of 35,278,524 are due within one year, but the group have stated that they will not demand repayment within one year. The company does not have any external funding and is supported by a group cash pooling facility to meet its debts as they fall due. The directors have concluded that the company will meet all its liabilities as they fall due and that is appropriate to prepare the accounts on a going concern basis.”

Group structure

1. PRAMAC-GENERAC UK LIMITED · parent
   1. Pramac Racing Limited 100% · United Kingdom
   2. Off Grid Energy Limited 100% · United Kingdom

Significant events

• “2024 was a transitional year for Pramac-Generac UK, focused on aligning our proposition to better meet the evolving needs of the market. Significant efforts were made to reposition the business to ensure we are fit for purpose in a dynamic and increasingly demanding landscape. Our aim throughout the year was to reinforce our relevance to customers by offering solutions that are both agile and value-driven.”
• “In response to external pressures and to ensure sustainable growth, we undertook a comprehensive realignment of our cost base in line with prevailing levels of market demand. At the same time, we invested heavily in systems, processes, and infrastructure to support both our customers and broader stakeholder groups more effectively. These investments are foundational to our long-term strategy, strengthening our service capability, improving operational efficiency, and positioning the business for future growth.”
• “Despite our internal progress, market conditions remained challenging throughout 2024. Rental companies continued to exhibit caution with capital expenditure, reflecting broader macro-economic headwinds, including high interest rates and inflationary pressures that influenced business confidence across the sector. This cautiousness impacted project pipelines and, in turn, affected short-term sales opportunities.”
• “Nonetheless, Pramac-Generac UK continued to strengthen key strategic relationships with our core customers during the year. We also achieved positive engagement with a number of new customers, laying strong foundations for future business expansion. This engagement is a clear indication that our refreshed proposition is resonating with the market.”

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

Filings

4

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

  -43.2%

  £44,992,063 → £25,576,083

• Cash

  +398.9%

  £35,141 → £175,328

• Net assets

  -17.4%

  £20,917,432 → £17,281,877

• Employees

  -35.2%

  88 → 57

• Operating profit

  -386.3%

  -£661,881 → -£3,218,652

• Profit before tax

  -400.6%

  -£755,518 → -£3,782,393

• Wages

  -28.6%

  £3,751,898 → £2,679,842

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