P2I LTD

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. P2I LTD 2006-03-03 → present
2. PORTON PLASMA INNOVATIONS (P2I) LIMITED 2003-08-07 → 2006-03-03
3. BROOMCO (3225) LIMITED 2003-06-30 → 2003-08-07

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

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared a business plan for a period of 12 months from the date of approval of these financial statements which indicates that, taking account of reasonably possible downsides, the group will have sufficient funds to meet its liabilities as they fall due for that period.”

Group structure

1. P2I LTD · parent
   1. P2i Processing Centres (North Amercia) Inc 100% · USA · Support Services
   2. Surface Innovations Limited 100% · United Kingdom · R&D
   3. P2i Inc 100% · USA · Sales Agency
   4. P2i (Hong Kong) Limited 100% · Hong Kong · Support Services
   5. P2i Technology (Shenzhen) Co Ltd 100% · P.R. China · Support Services
   6. P2i (Vietnam) Company Limited 100% · Vietnam · Support Services
   7. P2i (India) Company Private 100% · India · Support Services

Significant events

• “On 30 September 2024, the company extended its £12 million credit facility and £3.0 million overdraft facility with HSBC to 20 April 2026 to support its working capital requirements. Post year end, the overdraft facility was reduced from £3.0 million to £1.5 million.”
• “On 14 March 2025 existing shareholders of P2i Ltd subscribed for 1,581,437,046,842 G Preference Shares for a total consideration of $2,000,000.”
• “On 30 September 2025, P2i Holdings Ltd ("Holdings") acquired 100% of the issued share capital of P2i Ltd ("the Company").”

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

Filings

20

last 12 months

Capital events

4

last 24 months

Officers appointed

2

last 12 months

Officers resigned

6

last 12 months

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

• Turnover

  -25.2%

  £23,872,888 → £17,855,095

• Cash

  -26.1%

  £3,756,711 → £2,777,287

• Net assets

  -138.2%

  £3,925,939 → -£1,498,589

• Employees

  -5.4%

  203 → 192

• Operating profit

  -85%

  -£2,180,739 → -£4,033,609

• Profit before tax

  -58.8%

  -£3,248,421 → -£5,158,615

• Wages

  -5.6%

  £7,966,396 → £7,518,090

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