COMBISAFE INTERNATIONAL LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors recognise the financial situation of the company evidenced by the loss for the financial year of £295,000 (2023: profit of £45,000) and net surplus in shareholder's funds of £5,736,000 (2023: £6,030,000). The ultimate parent company, PIP Global Holdings, Inc., has indicated that it will provide financial support to the company for at least one year from the date of signing these financial statements.”

Significant events

• “On 22 November 2024, Honeywell International Inc announced that it had agreed to sell its Personal Protective Equipment (PPE) business, of which the company forms part of, to a third party. On 22 May 2025, the sale of the Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. (PIP) was concluded.”
• “As part of the transaction, on 17 April 2025, the company's immediate parent, Honeywell Safety Products International Ltd sold the company to Essex Hornet I Limited, a company incorporated in Ireland. On 20 May 2025, Combisafe International Ltd. declared an interim cash dividend of £1 per share, for a total amount of £4,000,000 to its sole shareholder Essex Hornet I Limited.”
• “On 22 May 2025, Essex Hornet I Limited sold the company to PIP Global Safety UK Limited, a company incorporated in the United Kingdom. As of 22 May 2025, the ultimate parent undertaking is Protective Industrial Products, Inc. (PIP). PIP is a global supplier and manufacturer of PPE products and a portfolio company of Odyssey Investment Partners.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

4

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

  -11.1%

  £3,722,000 → £3,307,000

• Cash

  -2.6%

  £5,048,000 → £4,917,000

• Net assets

  -4.9%

  £6,030,000 → £5,736,000

• Employees

  -5.6%

  18 → 17

• Operating profit

  +23.3%

  -£664,000 → -£509,000

• Profit before tax

  -536.4%

  -£55,000 → -£350,000

• Wages

  -8.9%

  £885,000 → £806,000

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