PNEURIDE LIMITED

1. PNEURIDE LIMITED 2021-05-03 → present
2. DUNLOP SYSTEMS & COMPONENTS LIMITED 2007-08-21 → 2021-05-03
3. NO 640 LEICESTER LIMITED 2007-07-18 → 2007-08-21

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

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Dains Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries, the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The ultimate parent company has confirmed that it will continue to support the company in meeting its liabilities as they fall due. This support has been confirmed in writing and will subsist for at least the next 12 months from the date of signing the balance sheet. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. PNEURIDE LIMITED · parent
   1. A & B Pneumatics Limited 20% · England and Wales
   2. Pneuride Automotive Technology (Suzhou) Co Ltd 15% · China

Significant events

• “Following the loss of a large contract in late 2023, 2024 became a recovery year. The business has successfully negotiated compensation and restructured its operations during 2024 and has continued to carry out further restructuring during 2025. The business expanded its production facility by 50% during 2025 and secured new, significant contracts in 2025.”

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

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.

• Turnover

  -77.4%

  £57,457,268 → £12,982,905

• Cash

  -74.7%

  £2,140,980 → £542,697

• Net assets

  -18%

  £7,967,252 → £6,533,483

• Employees

  -38%

  121 → 75

• Operating profit

  -300.2%

  £946,439 → -£1,894,840

• Profit before tax

  -350.7%

  £753,399 → -£1,888,769

• Wages

  -30.6%

  £4,001,016 → £2,778,524

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