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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-01-29 (in 8mo)

Last made up 2026-01-15

Watchouts

1 item

Cash

£416K

-15.7% lowest in 5 filed years

Net assets

£4M

+35.5% highest in 5 filed years

Employees

38

+5.6% vs 2023

Profit before tax

£1M

-2.5% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. PJ COLOURS LIMITED 1998-01-15 → present
  2. MACEICE LIMITED 1997-12-11 → 1998-01-15

Accounts

7-year trend · latest reflected 2024-12-31

Metric Trend 2019-04-302019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £13,350,061£20,145,834£19,399,426
Operating profit £1,076,451£1,485,283£1,461,388
Profit before tax £1,024,475£1,814,506£1,174,688£1,433,044£1,397,934
Net profit £831,446£985,052£1,090,943£1,028,527
Cash £1,776,091£422,868£800,031£493,757£416,336
Total assets less current liabilities £2,784,841£2,978,027£3,430,886£3,179,333£4,552,686
Net assets £2,622,374£2,860,029£3,330,081£2,893,799£3,922,326
Equity £2,172,922£2,180,399£2,622,374£2,860,029£3,330,081£2,893,799£3,922,326
Average employees 3739383638
Wages £951,711£1,149,588£1,268,655£1,243,646£1,365,083

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 2019-04-302019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin 8.1%7.4%7.5%
Net margin 6.2%5.4%5.3%
Return on capital employed 38.7%46.7%32.1%
Current ratio 1.45x1.41x
Interest cover 20.21x21.36x16.79x

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
DJH Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

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

People

6 active · 8 resigned

Name Role Appointed Born Nationality
SPENCE, Jennifer Ann Secretary 1998-01-20 British
ELLIS-JONES, Sarah Jane Director 2021-04-01 Mar 1980 British
JACKSON, Harvey Ross Director 2002-10-08 Dec 1973 British
JACKSON, Neil David Director 2018-01-01 Oct 1970 British
RICHARDS, Christopher Director 2025-07-28 Apr 1983 British
SPENCE, Jennifer Ann Director 2002-10-08 Mar 1956 British
Show 8 resigned officers
Name Role Appointed Resigned
REES-JONES, Richard Secretary 1997-12-31 1998-01-20
WATERLOW SECRETARIES LIMITED Corporate Nominee Secretary 1997-12-11 1997-12-31
HAMILTON, Nicholas John Director 1998-01-20 2021-06-30
MCGREGOR, Douglas William Director 1997-12-31 2011-07-21
MCGREGOR, Penelope Gillian Frances Director 1998-01-20 2011-07-21
REES-JONES, Richard Director 1997-12-31 2011-12-22
WALLACE, Peter Director 2022-11-01 2025-07-28
WATERLOW NOMINEES LIMITED Corporate Nominee Director 1997-12-11 1997-12-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Picasso Vale Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-09-29 Ceased 2025-09-29
Chalfont Vale Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-09-29 Active
Procter Johnson Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-12-14 Ceased 2025-09-29
Pj Colours (Holdings) Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-06-30 Ceased 2020-12-14

Filing timeline

Last 20 of 118 total filings

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

  • 2025-10-06 RESOLUTIONS Resolution
  • 2025-10-06 MA Memorandum articles
  • 2025-09-23 RESOLUTIONS Resolution
Date Type Category Description
2026-01-29 CS01 confirmation-statement Confirmation statement with updates PDF
2025-10-08 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-10-08 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-10-06 RESOLUTIONS resolution Resolution
2025-10-06 MA incorporation Memorandum articles
2025-10-01 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-10-01 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-09-29 AA accounts Accounts with accounts type full PDF
2025-09-23 RESOLUTIONS resolution Resolution
2025-09-22 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-18 MR04 mortgage Mortgage satisfy charge full PDF
2025-09-18 MR04 mortgage Mortgage satisfy charge full PDF
2025-08-11 TM01 officers Termination director company with name termination date PDF
2025-08-11 AP01 officers Appoint person director company with name date PDF
2025-05-19 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-01-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-16 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-09-30 AA accounts Accounts with accounts type full PDF
2024-01-15 CS01 confirmation-statement Confirmation statement with updates PDF
2024-01-11 CH03 officers Change person secretary company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
15

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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