PARAMETRIC TECHNOLOGY (UK) LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-03-23 (in 10mo)
Last made up 2026-03-09
Watchouts
None on the register
Cash
£2M
+218.6% vs 2023
Net assets
£10M
-2.4% vs 2023
Employees
177
+8.6% vs 2023
Profit before tax
£2M
-23.4% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Turnover | £38,603,000 | £42,521,000 | |
| Operating profit | £3,024,000 | £2,047,000 | |
| Profit before tax | £3,036,000 | £2,325,000 | |
| Net profit | £2,987,000 | £2,347,000 | |
| Cash | £580,000 | £1,848,000 | |
| Total assets less current liabilities | £10,959,000 | £10,645,000 | |
| Net assets | £10,752,000 | £10,499,000 | |
| Equity | £10,752,000 | £10,499,000 | |
| Average employees | 163 | 177 | |
| Wages | £20,137,000 | £21,973,000 |
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 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating margin | 7.8% | 4.8% | |
| Net margin | 7.7% | 5.5% | |
| Return on capital employed | 27.6% | 19.2% | |
| Current ratio | 1.42x | 1.38x | |
| Interest cover | 68.73x | — |
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
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- PARAMETRIC TECHNOLOGY (UK) LIMITED · parent
- Cloudmilling Limited 100%
Significant events
- “In January 2023 PTC Inc. acquired the ServiceMax cloud-native field service management business broadening our PLM solutions set to encompass the service phase of the product lifecycle. As a result of this transaction, UK based ServiceMax employees transferred to Parametric Technology (UK) Limited in February 2023.”
- “In November 2024 PTC announced an update of the go-to-market strategy that entailed realigning existing sales, customer success, and marketing resources with market opportunities and reinvesting in technical resources to better support customer adoption and utilization of our software. As a result, we estimate 700k GBP in payroll costs related to severance and other employee payroll expenses during FY25.”
- “After the year-end, the directors decided to begin the strike-off process for Cloudmilling Limited, a 100% subsidiary of the Company. Before this, a non-cash dividend was declared on 25 March 2025 to settle the intercompany balance. The strike-off is expected to begin in June 2025.”
- “On February 24, 2022, Russian troops started an unprovoked invasion in Ukraine... PTC Inc discontinued operations in Russia on March 3, 2022. In October 2023 a war started in the Middle East... The ongoing conflicts have had minimal impact on operations of Parametric Technology (UK) Limited as the Company's activity is focused on the United Kingdom market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLARKE, Eamonn Thomas | Director | 2021-11-09 | Dec 1972 | Irish |
| GOLDSTEIN, Michail | Director | 2022-06-27 | May 1985 | German |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUNN, Charles Christopher William | Secretary | 2013-12-12 | 2019-03-26 |
| DUNN, Charles Christopher William | Secretary | 1997-03-17 | 2008-02-19 |
| GALLAGHER, Mark Joseph | Secretary | — | 1994-06-01 |
| LEAHY-DURCAN, Martha | Secretary | 1994-06-01 | 1997-03-17 |
| VITOU, Louise | Secretary | 2008-02-19 | 2013-09-30 |
| WARD, John Paul | Secretary | 2007-10-04 | 2008-02-19 |
| BEAUDOIN, Thomas Linwood | Director | 2002-01-08 | 2003-07-25 |
| CROUCH, Genny Rachel | Director | 1998-02-02 | 2000-02-04 |
| DUNN, Charles Christopher William | Director | 2004-05-18 | 2019-03-26 |
| FRIEDMAN, David Robert | Director | 1998-10-01 | 2002-09-30 |
| GALLAGHER, Mark Joseph | Director | — | 1995-07-01 |
| GYLLING, Thomas Gustaf | Director | 2004-05-18 | 2008-04-02 |
| HARRISON, Charles Richard | Director | 1995-07-01 | 1998-10-01 |
| HECK, Petra | Director | 2008-10-01 | 2019-03-26 |
| HELTZEL, Axel Aurelio | Director | 2020-04-01 | 2022-06-27 |
| KELLIHER, James Francis | Director | 1995-07-01 | 2002-01-02 |
| LAUCK, Jon William | Director | 1995-07-01 | 1997-07-01 |
| LEAHY-DURCAN, Martha | Director | 1994-06-01 | 1998-10-01 |
| MCMAHON, John D | Director | 1991-10-01 | 1994-06-01 |
| NORBERG, William Franics | Director | — | 1991-09-30 |
| SEIFERT, Rolf Dieter | Director | 2000-02-04 | 2008-10-01 |
| SOLDATINI, Enrico | Director | 2018-11-28 | 2021-11-09 |
| STAVRINIDES, Marina Alexandra | Director | 2018-11-28 | 2020-04-01 |
| TYRRELL, Katherine Herrick | Director | 1994-06-01 | 1995-07-01 |
| VON STAATS, Aaron | Director | 2002-11-15 | 2009-12-16 |
| WALSKE, Steven Carl | Director | — | 1994-06-01 |
| WEINGAERTNER, Claudia | Director | 2008-10-01 | 2010-04-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Parametric Holdings (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-03-01 | Active |
Filing timeline
Last 20 of 194 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | AA | accounts | Accounts with accounts type full | |
| 2025-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-05 | AA | accounts | Accounts with accounts type full | |
| 2024-03-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-30 | AA | accounts | Accounts with accounts type full | |
| 2023-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-23 | CH01 | officers | Change person director company with change date | |
| 2022-10-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-10-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-07 | CH01 | officers | Change person director company with change date | |
| 2022-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-06 | AA | accounts | Accounts with accounts type full | |
| 2022-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-24 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-11 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- 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 2024-09-30 vs 2023-09-30
-
Turnover
+10.1%
£38,603,000 £42,521,000
-
Cash
+218.6%
£580,000 £1,848,000
-
Net assets
-2.4%
£10,752,000 £10,499,000
-
Employees
+8.6%
163 177
-
Operating profit
-32.3%
£3,024,000 £2,047,000
-
Profit before tax
-23.4%
£3,036,000 £2,325,000
-
Wages
+9.1%
£20,137,000 £21,973,000
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