PIRELLI UK TYRES LIMITED

1. PIRELLI UK TYRES LIMITED 1991-09-12 → present
2. BURGINHALL 554 LIMITED 1991-06-19 → 1991-09-12

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 101

Reporting scope

Standalone (parent only)

Auditor

Rostance Edwards Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management continues to have a reasonable expectation that the company has adequate resources to continue in operation for at least 12 months from the date of signing these financial statements and that the going concern basis of accounting remains appropriate.”

Group structure

1. PIRELLI UK TYRES LIMITED · parent
   1. Pirelli Tyres Limited 100% · England · Dormant
   2. CTC 2008 Limited 100% · England · Dormant
   3. Pirelli Tyres Pension Trustees Limited 100% · England · Corporate Trustee
   4. Pirelli CIF Trustees Limited 50% · England · Corporate Trustee

Significant events

• “Turnover for the year was £480,783,000 (2023 as restated: £491,851,000), reflecting a 2.3% year on year decrease. Growth in the Replacement channel, which saw a 7.7% increase due to higher volumes and product mix improvements, partially offset declines in other areas.”
• “The profit before taxation for the year amounted to £21,124,000 (2023: £14,310,000) an improvement of £6,814,000 year on year. The company's improved financial performance was driven by several key factors.”
• “investment in manufacturing facilities investment in manufacturing facilities and new machinery to reflect Pirelli's strategy... Significant investments have been secured for such enhancements at the Carlisle facility.”
• “On 26 February 2025 the Board of Directors of Pirelli & C. SpA released the preliminary results of the Group to 31 December 2024 confirming that 2024 targets had been exceeded and also reconfirming the 2025 targets that had been foreseen in the Industrial Plan despite the volatility of the external context.”

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

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -2.3%

  £491,851,000 → £480,783,000

• Cash

  +35.2%

  £4,540,000 → £6,140,000

• Net assets

  -2.3%

  £180,221,000 → £176,089,000

• Employees

  +5.4%

  1,121 → 1,182

• Operating profit

  +52.6%

  £14,190,000 → £21,647,000

• Profit before tax

  +47.6%

  £14,310,000 → £21,124,000

• Wages

  +4.8%

  £64,511,000 → £67,632,000

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