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Next accounts due

2026-05-31 (this month)

Last filed for 2024-08-31

Confirmation statement due

2026-06-28 (in 1mo)

Last made up 2025-06-14

Watchouts

None on the register

Cash

£109K

-96% lowest in 3 filed years

Net assets

£4M

-56.1% lowest in 3 filed years

Employees

37

-2.6% vs 2023

Profit before tax

£2M

-35.5% lowest in 3 filed years

Name history

Renamed 1 time since incorporation

  1. PES GROUP LIMITED 2017-04-03 → present
  2. MAINTEST ENGINEERING LIMITED 1993-08-04 → 2017-04-03

Accounts

7-year trend · latest reflected 2024-08-31

Metric Trend 2018-08-312019-08-312020-08-312021-08-312022-08-312023-08-312024-08-31
Turnover £22,475,089£23,808,248
Operating profit £3,069,235£1,978,848
Profit before tax £3,145,540£3,065,186£1,977,182
Net profit £2,549,322£2,423,253£1,462,146
Cash £2,424,789£2,706,091£108,899
Total assets less current liabilities £7,231,341£8,889,770£4,165,707
Net assets £6,817,847£8,441,100£3,703,248
Equity £6,817,847£8,441,100£3,703,248
Average employees 353837
Wages £1,592,367£1,865,810£1,855,666

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 2018-08-312019-08-312020-08-312021-08-312022-08-312023-08-312024-08-31
Operating margin 13.7%8.3%
Net margin 10.8%6.1%
Return on capital employed 34.5%47.5%
Gearing (liabilities / total assets) 34.5%58.6%
Current ratio 3.13x1.83x
Interest cover 758.40x652.22x

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
DNTCA Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have not identified any material uncertainties related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

  1. PES GROUP LIMITED · parent
    1. Park QED Limited 25% · United Kingdom · Wholesale of electrical products

Significant events

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

People

3 active · 5 resigned

Name Role Appointed Born Nationality
MARDY, Selvanaden Director 2023-08-17 Sep 1961 British
MCCONACHIE, James Wallace Director 1993-08-20 Apr 1946 British
MCCONACHIE, Robert Martyn Director 2023-08-17 Aug 1982 British
Show 5 resigned officers
Name Role Appointed Resigned
MCDERMOT, Kevin James Secretary 1993-08-20 2023-08-17
JPCORS LIMITED Corporate Nominee Secretary 1993-08-04 1993-08-20
KING, Phillip Director 2000-09-01 2019-12-09
MCDERMOT, Kevin James Director 1993-08-20 2024-08-17
JPCORD LIMITED Corporate Nominee Director 1993-08-04 1993-08-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Westbank Group Limited Corporate entity Shares 75–100% 2023-08-17 Active
Mr James Wallace Mcconachie Individual Shares 25–50%, Voting 25–50% 2017-06-27 Ceased 2023-08-17
Mr Kevin James Mcdermot Individual Shares 25–50%, Voting 25–50% 2017-06-27 Ceased 2023-08-17

Filing timeline

Last 20 of 101 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-09-30 MA Memorandum articles
  • 2023-09-30 RESOLUTIONS Resolution
  • 2023-09-27 CC04 Statement of companys objects
Date Type Category Description
2026-02-09 MR04 mortgage Mortgage satisfy charge full PDF
2026-01-13 MR04 mortgage Mortgage satisfy charge full PDF
2026-01-13 MR04 mortgage Mortgage satisfy charge full PDF
2025-06-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-06 AA accounts Accounts with accounts type full
2024-08-23 TM01 officers Termination director company with name termination date PDF
2024-06-17 CS01 confirmation-statement Confirmation statement with updates PDF
2024-05-24 AA accounts Accounts with accounts type full PDF
2023-09-30 MA incorporation Memorandum articles
2023-09-30 RESOLUTIONS resolution Resolution
2023-09-27 CC04 change-of-constitution Statement of companys objects
2023-09-14 AP01 officers Appoint person director company with name date PDF
2023-09-14 AP01 officers Appoint person director company with name date PDF
2023-09-14 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-09-14 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-09-14 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-09-14 TM02 officers Termination secretary company with name termination date PDF
2023-08-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-08-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-06-27 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-08-31 vs 2023-08-31

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

Official Companies House page