PF CONCEPT UK OPERATIONS LTD

1. PF CONCEPT UK OPERATIONS LTD 2018-11-30 → present
2. SPS (EU) LIMITED 2007-06-13 → 2018-11-30
3. PRAMIC LIMITED 2000-08-08 → 2007-06-13
4. SUPREME PLASTIC PRODUCTS (U.K.) LIMITED 1990-10-01 → 2000-08-08
5. SHOWPART LIMITED 1990-07-04 → 1990-10-01

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the Company's financial position and its operating forecasts, the directors have prepared the accounts on a going concern basis... Forecasts have been prepared for the period to 30 September 2026 based on management's best estimate of future demand which show the Company is forecast to have a cash balance on 30 September 2026 of £2.0m.”

Group structure

1. PF CONCEPT UK OPERATIONS LTD · parent
   1. PF Concept UK Ltd 100% · England · Business Support Function

Significant events

• “The Company's profit after tax for the financial year is £1.15m (31 December 2023: loss of £0.81m). The result includes £0.14m (31 December 2023: £0.12m) of non-recurring other expenses in relation to restructuring costs.”
• “Turnover in the current year decreased to £25.2m, 4.8% down on prior year.”
• “LED Lighting Retrofit - PF Concept completed an LED lighting retrofit across the entire Neptune site, significantly improving energy efficiency and reducing overall electricity consumption.”
• “Move to Water-Based Inks - PF Concept transitioned to water-based inks, which reduced the need for tunnel drying, lowering energy usage and making production more environmentally friendly.”
• “Heater Bands - to improve heat retention and reduce energy waste, PF Concept installed heater bands on moulding shop machines.”
• “Litho Shift Change - the company reduced the litho shift to a single shift, effectively cutting production energy costs by 50% while maintaining operational efficiency.”
• “Lighting Sensors - PF Concept installed lighting sensors in the Banbury site's shop floor and offices, further optimising energy use.”

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

Filings

2

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

  -4.8%

  £26,501,000 → £25,239,000

• Cash

  -2.1%

  £1,047,000 → £1,025,000

• Net assets

  +7.8%

  £14,783,000 → £15,932,000

• Employees

  -11.2%

  251 → 223

• Operating profit

  -6.9%

  £1,608,000 → £1,497,000

• Profit before tax

  +531.8%

  -£355,000 → £1,533,000

• Wages

  -0.1%

  £6,231,000 → £6,225,000

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