PITNEY BOWES GLOBAL ECOMMERCE UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-09 (in 10mo)
Last made up 2026-02-23
Watchouts
None on the register
Cash
£2M
-48.1% vs 2023
Net assets
£7M
+465.2% vs 2023
Employees
15
+200% vs 2023
Profit before tax
£5M
+257.7% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £46,985,068 | £50,495,976 | |
| Operating profit | £752,677 | £4,111,801 | |
| Profit before tax | £1,519,128 | £5,433,987 | |
| Net profit | £1,519,128 | £5,433,987 | |
| Cash | £4,459,459 | £2,312,878 | |
| Total assets less current liabilities | £1,168,196 | £6,602,183 | |
| Net assets | £1,168,196 | £6,602,183 | |
| Equity | £1,168,196 | £6,602,183 | |
| Average employees | 5 | 15 | |
| Wages | £844,795 | £1,624,628 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.6% | 8.1% | |
| Net margin | 3.2% | 10.8% | |
| Return on capital employed | 64.4% | 62.3% | |
| Gearing (liabilities / total assets) | 96.5% | 75.5% | |
| Current ratio | 1.04x | 1.32x | |
| Interest cover | 160.45x | 798.87x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company is in a net and current asset position and management is not aware of any factors that would materially impact the financial position of the company. The company meets its day-to-day working capital requirements through its bank facilities. The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, these entity financial statements have been prepared on a going concern basis.”
Significant events
- “In August 2024 Pitney Bowes Inc announced the sale and liquidation of its Global Ecommerce segment operating in the United States of America, therefore there has been a decline in crossborder business since that date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MITTLEMAN, Roberta | Director | 2021-02-27 | Jan 1967 | American |
| WILLSHER, Gerard Richard | Director | 2021-02-27 | Jan 1967 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pitney Bowes Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-27 | Active |
Filing timeline
Last 20 of 25 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-06 RESOLUTIONS Resolution
- 2023-11-06 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-11-06 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-06 | MA | incorporation | Memorandum articles | |
| 2023-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-19 | AA | accounts | Accounts with accounts type dormant | |
| 2022-08-02 | AD03 | address | Move registers to sail company with new address | |
| 2022-08-02 | AD02 | address | Change sail address company with new address | |
| 2022-07-20 | CH01 | officers | Change person director company with change date | |
| 2022-07-20 | CH01 | officers | Change person director company with change date | |
| 2022-07-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-07-18 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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
-
Turnover
+7.5%
£46,985,068 £50,495,976
-
Cash
-48.1%
£4,459,459 £2,312,878
-
Net assets
+465.2%
£1,168,196 £6,602,183
-
Employees
+200%
5 15
-
Operating profit
+446.3%
£752,677 £4,111,801
-
Profit before tax
+257.7%
£1,519,128 £5,433,987
-
Wages
+92.3%
£844,795 £1,624,628
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